Manglam Infra and Engineering (NSE:MIEL) Days Sales Outstanding : 118.89 (As of Mar. 2024)

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What is Manglam Infra and Engineering Days Sales Outstanding?

Manglam Infra and Engineering's average Accounts Receivable for the six months ended in Mar. 2024 was ₹131.1 Mil. Manglam Infra and Engineering's Revenue for the six months ended in Mar. 2024 was ₹402.4 Mil. Hence, Manglam Infra and Engineering's Days Sales Outstanding for the six months ended in Mar. 2024 was 59.44.

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

NSE:MIEL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.24 Med: 66.94 Max: 118.89
Current: 118.89

During the past 3 years, Manglam Infra and Engineering's highest Days Sales Outstanding was 118.89. The lowest was 44.24. And the median was 66.94.

NSE:MIEL's Days Sales Outstanding is ranked worse than
72.02% of 1694 companies
in the Construction industry
Industry Median: 74.66 vs NSE:MIEL: 118.89

Manglam Infra and Engineering's Days Sales Outstanding increased from Mar. 2022 (44.24) to Mar. 2024 (118.89).

Warning Sign:

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

Manglam Infra and Engineering Days Sales Outstanding Historical Data

The historical data trend for Manglam Infra and Engineering'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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Manglam Infra and Engineering Days Sales Outstanding Chart

Manglam Infra and Engineering Annual Data

Trend

Mar22

Mar23

Mar24

Days Sales Outstanding

44.24

66.94

118.89

Manglam Infra and Engineering Semi-Annual Data
	Mar22	Mar23	Mar24
Days Sales Outstanding	44.24	66.94	118.89

Competitive Comparison of Manglam Infra and Engineering's Days Sales Outstanding

For the Engineering & Construction subindustry, Manglam Infra and Engineering'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.

Manglam Infra and Engineering's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Manglam Infra and Engineering's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Manglam Infra and Engineering's Days Sales Outstanding falls into.

Manglam Infra and Engineering 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.

Manglam Infra and Engineering'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
=	( (94.967	+	167.193)	/	2 )	/	402.436	*	365
=	131.08					/	402.436	*	365
=	118.89

Manglam Infra and Engineering'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
=	( (94.967	+	167.193)	/	2 )	/	402.436	*	365 / 2
=	131.08					/	402.436	*	365 / 2
=	59.44

Manglam Infra and Engineering (NSE:MIEL) Days Sales Outstanding Explanation

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

Manglam Infra and Engineering Days Sales Outstanding Related Terms

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Manglam Infra and Engineering Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Manglam Infra and Engineering Ltd (NSE:MIEL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

E-8/31, Area Colony, Near Bus Stop No.12, Bhopal, MP, IND, 462039

Website

https://www.manglaminfra.com

Mangalam Infra and Engineering Ltd is an infrastructure consultancy company. It is providing project management consultancy services which includes detailed project reports (DPRs), Supervision and quality control (SQC), and operation & maintenance (O & M) for Highways/Roads, Bridges, Tunnels, Buildings/Urban development. It has cater to various state governments of Madhya Pradesh, Jammu & Kashmir, Bihar, Arunachal Pradesh, Jharkhand, Himachal Pradesh, Uttar Pradesh, Manipur, Nagaland, Maharashtra, Assam, Rajasthan, Uttarakhand and Haryana and central government.

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