Kritika Wires (NSE:KRITIKA) Days Sales Outstanding : 42.44 (As of Mar. 2024)

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What is Kritika Wires Days Sales Outstanding?

Kritika Wires's average Accounts Receivable for the six months ended in Mar. 2024 was ₹525 Mil. Kritika Wires's Revenue for the six months ended in Mar. 2024 was ₹2,258 Mil. Hence, Kritika Wires's Days Sales Outstanding for the six months ended in Mar. 2024 was 42.44.

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

NSE:KRITIKA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.94 Med: 91.42 Max: 147.89
Current: 39.73

During the past 11 years, Kritika Wires's highest Days Sales Outstanding was 147.89. The lowest was 32.94. And the median was 91.42.

NSE:KRITIKA's Days Sales Outstanding is ranked better than
59.73% of 596 companies
in the Steel industry
Industry Median: 48.985 vs NSE:KRITIKA: 39.73

Kritika Wires's Days Sales Outstanding increased from Mar. 2023 (42.25) to Mar. 2024 (42.44).

Kritika Wires Days Sales Outstanding Historical Data

The historical data trend for Kritika Wires'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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Kritika Wires Days Sales Outstanding Chart

Kritika Wires Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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133.91

147.89

83.55

56.20

32.94

Kritika Wires Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial												66.96	73.27	42.25	43.87	42.44

Competitive Comparison of Kritika Wires's Days Sales Outstanding

For the Steel subindustry, Kritika Wires'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.

Kritika Wires's Days Sales Outstanding Distribution in the Steel Industry

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

* The bar in red indicates where Kritika Wires's Days Sales Outstanding falls into.

Kritika Wires 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.

Kritika Wires'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
=	( (359.511	+	419.756)	/	2 )	/	4317.394	*	365
=	389.6335					/	4317.394	*	365
=	32.94

Kritika Wires'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
=	( (630.413	+	419.756)	/	2 )	/	2258.119	*	365 / 2
=	525.0845					/	2258.119	*	365 / 2
=	42.44

Kritika Wires (NSE:KRITIKA) Days Sales Outstanding Explanation

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

Kritika Wires Days Sales Outstanding Related Terms

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Kritika Wires (NSE:KRITIKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kritika Wires Ltd (NSE:KRITIKA) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

Plot-BG-12, Bus Terminus and Commercial Complex, Unit no. 201, 2nd Floor, AA-I, New Town Pride Hotel Building, Opposite to NOVOTEL, Kolkata, WB, IND, 700156

Website

https://www.kritikawires.com

Kritika Wires Ltd is engaged in the manufacturing of galvanized steel wires and wire products. The company is focused on exporting and supplying Industrial Steel. The company's products are used for the transmission and distribution of electricity, and the manufacturing of concrete slippers, poles, bridges, and other infrastructure facilities. The products of the company include Mild Steel Wire, GI Stay Wire, Spring Steel Wire, Barbed Wire, and others.

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