Aisha Steel Mills (KAR:ASL) Days Sales Outstanding : 16.18 (As of Mar. 2024)

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What is Aisha Steel Mills Days Sales Outstanding?

Aisha Steel Mills's average Accounts Receivable for the three months ended in Mar. 2024 was ₨1,559 Mil. Aisha Steel Mills's Revenue for the three months ended in Mar. 2024 was ₨8,790 Mil. Hence, Aisha Steel Mills's Days Sales Outstanding for the three months ended in Mar. 2024 was 16.18.

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

KAR:ASL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.48 Med: 3.56 Max: 19.13
Current: 19.13

During the past 13 years, Aisha Steel Mills's highest Days Sales Outstanding was 19.13. The lowest was 2.48. And the median was 3.56.

KAR:ASL's Days Sales Outstanding is ranked better than
83.67% of 594 companies
in the Steel industry
Industry Median: 49.315 vs KAR:ASL: 19.13

Aisha Steel Mills's Days Sales Outstanding declined from Mar. 2023 (51.58) to Mar. 2024 (16.18).

Aisha Steel Mills Days Sales Outstanding Historical Data

The historical data trend for Aisha Steel Mills'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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Aisha Steel Mills Days Sales Outstanding Chart

Aisha Steel Mills Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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6.35

4.67

3.75

3.36

2.67

Aisha Steel Mills Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															51.58	51.43	1.81	9.54	16.18

Competitive Comparison of Aisha Steel Mills's Days Sales Outstanding

For the Steel subindustry, Aisha Steel Mills'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.

Aisha Steel Mills's Days Sales Outstanding Distribution in the Steel Industry

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

* The bar in red indicates where Aisha Steel Mills's Days Sales Outstanding falls into.

Aisha Steel Mills 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.

Aisha Steel Mills'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
=	( (222.963	+	231.433)	/	2 )	/	31102.382	*	365
=	227.198					/	31102.382	*	365
=	2.67

Aisha Steel Mills's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (2328.699	+	789.349)	/	2 )	/	8790.107	*	365 / 4
=	1559.024					/	8790.107	*	365 / 4
=	16.18

Aisha Steel Mills (KAR:ASL) Days Sales Outstanding Explanation

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

Aisha Steel Mills Days Sales Outstanding Related Terms

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Aisha Steel Mills (KAR:ASL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Aisha Steel Mills Ltd (KAR:ASL) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

ASLPS.PFD:Pakistan

Address

23 M.T. Khan Road, 1st Floor, Arif Habib Center, Karachi, SD, PAK, 74000

Website

https://www.aishasteel.com

Aisha Steel Mills Ltd is involved in manufacturing and selling cold rolled steel coils and sheets to the industrial, engineering, and manufacturing industries in Pakistan. Its product offerings include hot-dipped galvanized steel coils, cold-rolled steel coils, and others. The company geographically operates in Pakistan, North America, Middle East, Europe, Asia and Africa. The majority of revenue is derived from Pakistan.

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