Marco Cables and Conductors (NSE:MARCO) Days Sales Outstanding : 156.55 (As of Mar. 2023)

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What is Marco Cables and Conductors Days Sales Outstanding?

Marco Cables and Conductors's average Accounts Receivable for the six months ended in Mar. 2023 was ₹243.5 Mil. Marco Cables and Conductors's Revenue for the six months ended in Mar. 2023 was ₹567.7 Mil. Hence, Marco Cables and Conductors's Days Sales Outstanding for the six months ended in Mar. 2023 was 78.28.

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

NSE:MARCO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 116.96 Med: 137.49 Max: 156.55
Current: 156.55

During the past 3 years, Marco Cables and Conductors's highest Days Sales Outstanding was 156.55. The lowest was 116.96. And the median was 137.49.

NSE:MARCO's Days Sales Outstanding is ranked worse than
85.65% of 2947 companies
in the Industrial Products industry
Industry Median: 79.82 vs NSE:MARCO: 156.55

Marco Cables and Conductors's Days Sales Outstanding increased from Mar. 2021 (137.49) to Mar. 2023 (156.55).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Marco Cables and Conductors Days Sales Outstanding Historical Data

The historical data trend for Marco Cables and Conductors'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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Marco Cables and Conductors Days Sales Outstanding Chart

Marco Cables and Conductors Annual Data

Trend

Mar21

Mar22

Mar23

Days Sales Outstanding

137.49

116.96

156.55

Marco Cables and Conductors Semi-Annual Data
	Mar21	Mar22	Mar23
Days Sales Outstanding	137.49	116.96	156.55

Competitive Comparison of Marco Cables and Conductors's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Marco Cables and Conductors'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.

Marco Cables and Conductors's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Marco Cables and Conductors's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Marco Cables and Conductors's Days Sales Outstanding falls into.

Marco Cables and Conductors 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.

Marco Cables and Conductors'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
=	( (201.846	+	285.118)	/	2 )	/	567.679	*	365
=	243.482					/	567.679	*	365
=	156.55

Marco Cables and Conductors'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
=	( (201.846	+	285.118)	/	2 )	/	567.679	*	365 / 2
=	243.482					/	567.679	*	365 / 2
=	78.28

Marco Cables and Conductors (NSE:MARCO) Days Sales Outstanding Explanation

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

Marco Cables and Conductors Days Sales Outstanding Related Terms

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Marco Cables and Conductors (NSE:MARCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Marco Cables and Conductors Ltd (NSE:MARCO) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Main Road, Shop No 100, Opposite Bhai Gangaram Market, Ulhasnagar, Thane, MH, IND, 421005

Website

https://www.marcocables.com

Marco Cables and Conductors Ltd is engaged in the business of manufacturing and selling wires, cables wires and conductors in India. It commenced its operations with the manufacturing of wires (with aluminium/copper conductor), LT XLPE cables, LT PVC cables, and LT Aerial Bunched Cables, including AAAC (All Aluminium Alloy Conductor) and ACSR (Aluminium Conductor Steel Reinforced) Conductors.

Marco Cables and Conductors (NSE:MARCO) Headlines

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