Sona Machinery (NSE:SONAMAC) Days Sales Outstanding : 29.63 (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Sona Machinery Days Sales Outstanding?

Sona Machinery's average Accounts Receivable for the six months ended in Mar. 2024 was ₹77.4 Mil. Sona Machinery's Revenue for the six months ended in Mar. 2024 was ₹953.0 Mil. Hence, Sona Machinery's Days Sales Outstanding for the six months ended in Mar. 2024 was 14.82.

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

NSE:SONAMAC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.72 Med: 26.47 Max: 69.06
Current: 29.63

During the past 4 years, Sona Machinery's highest Days Sales Outstanding was 69.06. The lowest was 22.72. And the median was 26.47.

NSE:SONAMAC's Days Sales Outstanding is ranked better than
94.75% of 2955 companies
in the Industrial Products industry
Industry Median: 80.59 vs NSE:SONAMAC: 29.63

Sona Machinery's Days Sales Outstanding increased from Mar. 2022 (22.72) to Mar. 2024 (29.63).

Sona Machinery Days Sales Outstanding Historical Data

The historical data trend for Sona Machinery'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.

* Premium members only.

Sona Machinery Days Sales Outstanding Chart

Sona Machinery Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

69.06

22.72

23.30

29.63

Sona Machinery Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Days Sales Outstanding	69.06	22.72	23.30	29.63

Competitive Comparison of Sona Machinery's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Sona Machinery'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.

Sona Machinery's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Sona Machinery's Days Sales Outstanding falls into.

Sona Machinery 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.

Sona Machinery'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
=	( (59.405	+	95.316)	/	2 )	/	952.971	*	365
=	77.3605					/	952.971	*	365
=	29.63

Sona Machinery'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
=	( (59.405	+	95.316)	/	2 )	/	952.971	*	365 / 2
=	77.3605					/	952.971	*	365 / 2
=	14.82

Sona Machinery (NSE:SONAMAC) Days Sales Outstanding Explanation

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

Sona Machinery Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Sona Machinery's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Sona Machinery Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sona Machinery Ltd (NSE:SONAMAC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot F-16 & C-1, Sector: A-3 Tronica City, Industrial Area, Loni, Ghaziabad, UP, IND, 201102

Website

https://www.sonamachinery.com

Sona Machinery Ltd is a diversified agro-processing equipment manufacturer company. It manufactures equipment for the processing of rice, pulses, wheat, spices, Barnyard Millet, etc. The company product portfolio includes Grains Pre Cleaner machines, Rotary Drum Cleaner, Vibro Classifiers, Stone Separator Machines, Paddy De-Husker, Husk Aspirator, Rice Thick/Thin Grader, Rice Whitener, Silky Polisher, Multi Grader, Length Grader, Belt Conveyer, Bucket Elevator, etc. along with the complete projects for rice mills and ethanol distilleries. Its services encompass engineering, erection, supervision, and machine commissioning, delivering a comprehensive end-to-end solution for the milling section which includes grain unloading and milling solution upto pre-masher for ethanol distilleries, etc.

Sona Machinery Headlines

No Headlines