Hisar Metal Industries (NSE:HISARMETAL) Days Sales Outstanding : 88.59 (As of Dec. 2023)

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What is Hisar Metal Industries Days Sales Outstanding?

Hisar Metal Industries's average Accounts Receivable for the three months ended in Dec. 2023 was ₹517 Mil. Hisar Metal Industries's Revenue for the three months ended in Dec. 2023 was ₹532 Mil. Hence, Hisar Metal Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 88.59.

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

NSE:HISARMETAL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.88 Med: 66.67 Max: 83.43
Current: 83.32

During the past 13 years, Hisar Metal Industries's highest Days Sales Outstanding was 83.43. The lowest was 53.88. And the median was 66.67.

NSE:HISARMETAL's Days Sales Outstanding is ranked worse than
80.94% of 598 companies
in the Steel industry
Industry Median: 49.815 vs NSE:HISARMETAL: 83.32

Hisar Metal Industries's Days Sales Outstanding declined from Dec. 2022 (97.36) to Dec. 2023 (88.59).

Hisar Metal Industries Days Sales Outstanding Historical Data

The historical data trend for Hisar Metal 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.

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Hisar Metal Industries Days Sales Outstanding Chart

Hisar Metal Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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69.26

70.91

83.43

67.44

62.70

Hisar Metal Industries 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															97.36	75.75	70.91	72.31	88.59

Competitive Comparison of Hisar Metal Industries's Days Sales Outstanding

For the Steel subindustry, Hisar Metal 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.

Hisar Metal Industries's Days Sales Outstanding Distribution in the Steel Industry

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

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

Hisar Metal 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.

Hisar Metal Industries'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
=	( (463.912	+	483.307)	/	2 )	/	2756.89	*	365
=	473.6095					/	2756.89	*	365
=	62.70

Hisar Metal Industries'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
=	( (516.9	+	0)	/	1 )	/	532.4	*	365 / 4
=	516.9					/	532.4	*	365 / 4
=	88.59

Hisar Metal Industries (NSE:HISARMETAL) Days Sales Outstanding Explanation

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

Hisar Metal Industries Days Sales Outstanding Related Terms

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Hisar Metal Industries (NSE:HISARMETAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hisar Metal Industries Ltd (NSE:HISARMETAL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

590018:India

Address

Delhi Road, Near Industrial Development Colony, Hisar, HR, IND, 125 005

Website

https://www.hisarmetal.com

Hisar Metal Industries Ltd is an Indian-based company, operating in the steel business. It is involved in the manufacturing of cold-rolled stainless steel strips and stainless steel tubes and pipes. The company generates maximum revenue from the sale of Cold Rolled Stainless Steel strips.

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