Forcas Studio (NSE:FORCAS) Days Sales Outstanding : 45.62 (As of Mar. 2023)

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What is Forcas Studio Days Sales Outstanding?

Forcas Studio's average Accounts Receivable for the six months ended in Mar. 2023 was ₹87.0 Mil. Forcas Studio's Revenue for the six months ended in Mar. 2023 was ₹696.0 Mil. Hence, Forcas Studio's Days Sales Outstanding for the six months ended in Mar. 2023 was 22.81.

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

NSE:FORCAS's Days Sales Outstanding is not ranked ^*
in the Retail - Cyclical industry.
Industry Median: 18.695
* Ranked among companies with meaningful Days Sales Outstanding only.

Forcas Studio's Days Sales Outstanding declined from Mar. 2021 (134.93) to Mar. 2023 (45.62).

Forcas Studio Days Sales Outstanding Historical Data

The historical data trend for Forcas Studio'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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Forcas Studio Days Sales Outstanding Chart

Forcas Studio Annual Data

Trend

Mar21

Mar22

Mar23

Days Sales Outstanding

134.93

83.72

45.62

Forcas Studio Semi-Annual Data
	Mar21	Mar22	Mar23
Days Sales Outstanding	134.93	83.72	45.62

Competitive Comparison of Forcas Studio's Days Sales Outstanding

For the Apparel Retail subindustry, Forcas Studio'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.

Forcas Studio's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Forcas Studio's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Forcas Studio's Days Sales Outstanding falls into.

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Forcas Studio 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.

Forcas Studio's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (57.331	+	116.66)	/	2 )	/	696.046	*	365
=	86.9955					/	696.046	*	365
=	45.62

Forcas Studio'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: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (57.331	+	116.66)	/	2 )	/	696.046	*	365 / 2
=	86.9955					/	696.046	*	365 / 2
=	22.81

Forcas Studio (NSE:FORCAS) Days Sales Outstanding Explanation

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

Forcas Studio Days Sales Outstanding Related Terms

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Forcas Studio Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Forcas Studio Ltd (NSE:FORCAS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Budge Budge Trunk Road, B-3 71C/161, Tara Maa Tower, Khalpole, South 24 Parganas, Thakurpur, Mahestola, WB, IND, 700 142

Website

https://www.focasstudio.in

Forcas Studio Ltd sells men's clothing, including shirts, jeans, t-shirts, trousers, cotton pants, sportswear, party wear, fashion wear, and boxers. The company provides these products online and in bulk to customers all over India. It also offers white-labelling services for other brands, such as Landmark Group, V-Mart Retail, V2 Retail, Highlander, Cobb, Kontail, and more. The company sells its products through online platforms under the brand name of FTX' Tribe and Conteno.

Forcas Studio Headlines

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