BSRM Steels (DHA:BSRMSTEEL) Days Sales Outstanding : 24.20 (As of Dec. 2023)

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What is BSRM Steels Days Sales Outstanding?

BSRM Steels's average Accounts Receivable for the three months ended in Dec. 2023 was BDT5,704 Mil. BSRM Steels's Revenue for the three months ended in Dec. 2023 was BDT21,512 Mil. Hence, BSRM Steels's Days Sales Outstanding for the three months ended in Dec. 2023 was 24.20.

The historical rank and industry rank for BSRM Steels's Days Sales Outstanding or its related term are showing as below:

DHA:BSRMSTEEL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.4 Med: 36.3 Max: 79.69
Current: 29.7

During the past 13 years, BSRM Steels's highest Days Sales Outstanding was 79.69. The lowest was 24.40. And the median was 36.30.

DHA:BSRMSTEEL's Days Sales Outstanding is ranked better than
71.95% of 599 companies
in the Steel industry
Industry Median: 50.01 vs DHA:BSRMSTEEL: 29.70

BSRM Steels's Days Sales Outstanding declined from Dec. 2022 (30.70) to Dec. 2023 (24.20).

BSRM Steels Days Sales Outstanding Historical Data

The historical data trend for BSRM Steels's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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BSRM Steels Days Sales Outstanding Chart

BSRM Steels Annual Data

Trend

Dec13

Dec14

Dec15

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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46.24

79.69

48.24

38.81

30.13

BSRM Steels Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															30.70	25.90	36.01	39.24	24.20

Competitive Comparison of BSRM Steels's Days Sales Outstanding

For the Steel subindustry, BSRM Steels's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

BSRM Steels's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, BSRM Steels's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where BSRM Steels's Days Sales Outstanding falls into.

BSRM Steels Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

BSRM Steels's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (6942.457	+	7012.602)	/	2 )	/	84524.775	*	365
=	6977.5295					/	84524.775	*	365
=	30.13

BSRM Steels's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (5718.25	+	5690.362)	/	2 )	/	21511.92	*	365 / 4
=	5704.306					/	21511.92	*	365 / 4
=	24.20

BSRM Steels (DHA:BSRMSTEEL) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

BSRM Steels Days Sales Outstanding Related Terms

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BSRM Steels (DHA:BSRMSTEEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » BSRM Steels Ltd (DHA:BSRMSTEEL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sadarghat Road, No. 1207/1099, Ali Mansion, Chattagong, BGD, 4100

Website

https://www.bsrm.com

BSRM Steels Ltd is a steel manufacturing company. The firm has two reportable segments namely M.S Rod and M.S Billets. The M.S Rod segment produces different graded Rod and sells the same to several dealers, end-users, other corporate users, Government projects, etc. The M.S Billets segment produces different graded Billets and uses them for the production of M.S Rod.

BSRM Steels (DHA:BSRMSTEEL) Headlines

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