Chaman Metallics (NSE:CMNL) Days Sales Outstanding : 17.57 (As of Mar. 2023)

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What is Chaman Metallics Days Sales Outstanding?

Chaman Metallics's average Accounts Receivable for the six months ended in Mar. 2023 was ₹112 Mil. Chaman Metallics's Revenue for the six months ended in Mar. 2023 was ₹1,162 Mil. Hence, Chaman Metallics's Days Sales Outstanding for the six months ended in Mar. 2023 was 17.57.

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

NSE:CMNL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.4 Med: 16.31 Max: 18.04
Current: 10.12

During the past 5 years, Chaman Metallics's highest Days Sales Outstanding was 18.04. The lowest was 9.40. And the median was 16.31.

NSE:CMNL's Days Sales Outstanding is ranked better than
89.93% of 596 companies
in the Steel industry
Industry Median: 48.985 vs NSE:CMNL: 10.12

Chaman Metallics's Days Sales Outstanding increased from Mar. 2022 (0.00) to Mar. 2023 (17.57).

Chaman Metallics Days Sales Outstanding Historical Data

The historical data trend for Chaman Metallics'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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Chaman Metallics Days Sales Outstanding Chart

Chaman Metallics Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

16.73

9.40

16.31

18.04

12.20

Chaman Metallics Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial			-	-	19.44	17.57	-

Competitive Comparison of Chaman Metallics's Days Sales Outstanding

For the Steel subindustry, Chaman Metallics'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.

Chaman Metallics's Days Sales Outstanding Distribution in the Steel Industry

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

* The bar in red indicates where Chaman Metallics's Days Sales Outstanding falls into.

Chaman Metallics 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.

Chaman Metallics'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
=	( (105.57	+	20.668)	/	2 )	/	1888.739	*	365
=	63.119					/	1888.739	*	365
=	12.20

Chaman Metallics's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding (Q: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (118.051	+	105.57)	/	2 )	/	1161.63	*	365 / 2
=	111.8105					/	1161.63	*	365 / 2
=	17.57

Chaman Metallics (NSE:CMNL) Days Sales Outstanding Explanation

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

Chaman Metallics Days Sales Outstanding Related Terms

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Chaman Metallics (NSE:CMNL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Chaman Metallics Ltd (NSE:CMNL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Samta Colony, Agrawal Complex, Opp. Pandey Nursing Home, Raipur, CT, IND, 492001

Website

https://www.cmlgrgroup.com

Chaman Metallics Ltd is engaged in the business of selling Iron and Steel. The company is engaged in manufacturing and selling Direct Reduced Iron (i.e. sponge iron) which is used as a raw material for making steel in electric arc furnaces and induction furnaces.

Chaman Metallics (NSE:CMNL) Headlines

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