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Ahimsa Industries (NSE:AHIMSA) Days Sales Outstanding : 101.36 (As of Mar. 2024)


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What is Ahimsa Industries Days Sales Outstanding?

Ahimsa Industries's average Accounts Receivable for the six months ended in Mar. 2024 was ₹44.8 Mil. Ahimsa Industries's Revenue for the six months ended in Mar. 2024 was ₹80.6 Mil. Hence, Ahimsa Industries's Days Sales Outstanding for the six months ended in Mar. 2024 was 101.36.

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

NSE:AHIMSA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.61   Med: 97.7   Max: 224.6
Current: 120.07

During the past 10 years, Ahimsa Industries's highest Days Sales Outstanding was 224.60. The lowest was 53.61. And the median was 97.70.

NSE:AHIMSA's Days Sales Outstanding is ranked worse than
89.1% of 1523 companies
in the Chemicals industry
Industry Median: 63.73 vs NSE:AHIMSA: 120.07

Ahimsa Industries's Days Sales Outstanding declined from Mar. 2023 (103.49) to Mar. 2024 (101.36).


Ahimsa Industries Days Sales Outstanding Historical Data

The historical data trend for Ahimsa Industries'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.

* Premium members only.

Ahimsa Industries Days Sales Outstanding Chart

Ahimsa Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 130.21 102.79 92.14 92.60 120.11

Ahimsa Industries Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 83.75 72.69 103.49 143.25 101.36

Competitive Comparison of Ahimsa Industries's Days Sales Outstanding

For the Specialty Chemicals subindustry, Ahimsa Industries'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.


Ahimsa Industries's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ahimsa Industries's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ahimsa Industries's Days Sales Outstanding falls into.



Ahimsa Industries 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.

Ahimsa Industries's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

Days Sales Outstanding (A: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (54.046 + 41.718) / 2 ) / 145.511*365
=47.882 / 145.511*365
=120.11

Ahimsa Industries'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: Sep. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (47.832 + 41.718) / 2 ) / 80.614*365 / 2
=44.775 / 80.614*365 / 2
=101.36

* 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.


Ahimsa Industries  (NSE:AHIMSA) Days Sales Outstanding Explanation

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


Ahimsa Industries Days Sales Outstanding Related Terms

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Ahimsa Industries (NSE:AHIMSA) Business Description

Traded in Other Exchanges
N/A
Address
Piplaj Pirana Road, 160, Devraj Industrial Park, Village Piplaj, Ahmedabad, GJ, IND, 382405
Ahimsa Industries Ltd is an Indian based firm. It is engaged in Manufacturing PET of preform and trading sugar confectionery machinery, plastic processing machinery, injection molds, and textiles. The company's operating segment includes PET/Preform/Cap/Machinery/Die; Textiles and Export Trading. It generates maximum revenue from the PET/Preform/Cap/Machinery/Die segment. It also exports Beverages, Confectionary Turn-key project services, manufactures engineering components, and others.

Ahimsa Industries (NSE:AHIMSA) Headlines

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