Holmarc Opto-Mechatronics (NSE:HOLMARC) Days Sales Outstanding : 71.64 (As of Mar. 2024)

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What is Holmarc Opto-Mechatronics Days Sales Outstanding?

Holmarc Opto-Mechatronics's average Accounts Receivable for the six months ended in Mar. 2024 was ₹65.7 Mil. Holmarc Opto-Mechatronics's Revenue for the six months ended in Mar. 2024 was ₹334.6 Mil. Hence, Holmarc Opto-Mechatronics's Days Sales Outstanding for the six months ended in Mar. 2024 was 35.82.

The historical rank and industry rank for Holmarc Opto-Mechatronics's Days Sales Outstanding or its related term are showing as below:

NSE:HOLMARC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 67.39 Med: 77.82 Max: 119.44
Current: 71.64

During the past 4 years, Holmarc Opto-Mechatronics's highest Days Sales Outstanding was 119.44. The lowest was 67.39. And the median was 77.82.

NSE:HOLMARC's Days Sales Outstanding is ranked better than
52.5% of 2461 companies
in the Hardware industry
Industry Median: 74.05 vs NSE:HOLMARC: 71.64

Holmarc Opto-Mechatronics's Days Sales Outstanding declined from Mar. 2022 (83.99) to Mar. 2024 (71.64).

Holmarc Opto-Mechatronics Days Sales Outstanding Historical Data

The historical data trend for Holmarc Opto-Mechatronics'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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Holmarc Opto-Mechatronics Days Sales Outstanding Chart

Holmarc Opto-Mechatronics Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

119.44

83.99

67.39

71.64

Holmarc Opto-Mechatronics Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Days Sales Outstanding	119.44	83.99	67.39	71.64

Competitive Comparison of Holmarc Opto-Mechatronics's Days Sales Outstanding

For the Scientific & Technical Instruments subindustry, Holmarc Opto-Mechatronics'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.

Holmarc Opto-Mechatronics's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Holmarc Opto-Mechatronics's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Holmarc Opto-Mechatronics's Days Sales Outstanding falls into.

Holmarc Opto-Mechatronics 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.

Holmarc Opto-Mechatronics'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
=	( (61.281	+	70.066)	/	2 )	/	334.612	*	365
=	65.6735					/	334.612	*	365
=	71.64

Holmarc Opto-Mechatronics'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: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (61.281	+	70.066)	/	2 )	/	334.612	*	365 / 2
=	65.6735					/	334.612	*	365 / 2
=	35.82

Holmarc Opto-Mechatronics (NSE:HOLMARC) Days Sales Outstanding Explanation

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

Holmarc Opto-Mechatronics Days Sales Outstanding Related Terms

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Holmarc Opto-Mechatronics (NSE:HOLMARC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Holmarc Opto-Mechatronics Ltd (NSE:HOLMARC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

Building No. 11/490, B-7, HMT Industrial Estate, Kalamassery, Kanayanoor Taluk, Ernakulam, KL, IND, 683503

Website

https://www.holmarc.com

Holmarc Opto-Mechatronics Ltd is engaged in manufacturing a variety of scientific and engineering instruments for research, industry and education i.e. Imaging Instruments, Measuring Instruments, Spectroscopy, Analytical Instruments, Lab Instruments, Physics Lab Instruments, Breadboard/Table Tops, Opto-mechanics, Optics, Linear & Rotation Stages, Motorized Linear & Rotation Stages, Industrial Automation etc.

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