Remsons Industries (NSE:REMSONSIND) Days Sales Outstanding : 72.40 (As of Sep. 2024)

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What is Remsons Industries Days Sales Outstanding?

Remsons Industries's average Accounts Receivable for the three months ended in Sep. 2024 was ₹725 Mil. Remsons Industries's Revenue for the three months ended in Sep. 2024 was ₹913 Mil. Hence, Remsons Industries's Days Sales Outstanding for the three months ended in Sep. 2024 was 72.40.

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

NSE:REMSONSIND' s Days Sales Outstanding Range Over the Past 10 Years
Min: 46.71 Med: 57.67 Max: 67.87
Current: 67.87

During the past 13 years, Remsons Industries's highest Days Sales Outstanding was 67.87. The lowest was 46.71. And the median was 57.67.

NSE:REMSONSIND's Days Sales Outstanding is ranked worse than
59.32% of 1288 companies
in the Vehicles & Parts industry
Industry Median: 60.145 vs NSE:REMSONSIND: 67.87

Remsons Industries's Days Sales Outstanding increased from Sep. 2023 (63.26) to Sep. 2024 (72.40).

Remsons Industries Days Sales Outstanding Historical Data

The historical data trend for Remsons 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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Remsons Industries Days Sales Outstanding Chart

Remsons Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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56.64

52.81

60.71

62.62

66.39

Remsons Industries Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															63.26	58.73	67.19	69.41	72.40

Competitive Comparison of Remsons Industries's Days Sales Outstanding

For the Auto Parts subindustry, Remsons 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.

Remsons Industries's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Remsons Industries's Days Sales Outstanding distribution charts can be found below:

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

Remsons 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.

Remsons Industries'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
=	( (546.951	+	581.951)	/	2 )	/	3103.424	*	365
=	564.451					/	3103.424	*	365
=	66.39

Remsons Industries's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (0	+	724.512)	/	1 )	/	913.146	*	365 / 4
=	724.512					/	913.146	*	365 / 4
=	72.40

Remsons Industries (NSE:REMSONSIND) Days Sales Outstanding Explanation

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

Remsons Industries Days Sales Outstanding Related Terms

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Remsons Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Remsons Industries Ltd (NSE:REMSONSIND) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

530919:India

Address

Hanuman Road, 401, 4th Floor, Gladdiola, Vile Parle (East), Mumbai, MH, IND, 400 057

Website

https://www.remsons.com

Remsons Industries Ltd is engaged in the manufacturing of automotive components parts and all its products. The company manufactures automotive control cables, flexible shafts, push-pull cables, combi brake systems, Winches, Jack kits, Pedal box assembly, and gear shifter assembly. Geographically, it derives a majority of its revenue from India. The company generates the majority of its revenue from the sale of its own manufactured products.

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