Swastik Pipe (NSE:SWASTIK) Days Sales Outstanding : 87.59 (As of Mar. 2024)

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What is Swastik Pipe Days Sales Outstanding?

Swastik Pipe's average Accounts Receivable for the six months ended in Mar. 2024 was ₹1,707 Mil. Swastik Pipe's Revenue for the six months ended in Mar. 2024 was ₹3,557 Mil. Hence, Swastik Pipe's Days Sales Outstanding for the six months ended in Mar. 2024 was 87.59.

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

NSE:SWASTIK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 68.88 Med: 83.81 Max: 95.1
Current: 85.75

During the past 5 years, Swastik Pipe's highest Days Sales Outstanding was 95.10. The lowest was 68.88. And the median was 83.81.

NSE:SWASTIK's Days Sales Outstanding is ranked worse than
82.54% of 607 companies
in the Steel industry
Industry Median: 50.94 vs NSE:SWASTIK: 85.75

Swastik Pipe's Days Sales Outstanding increased from Mar. 2023 (76.72) to Mar. 2024 (87.59).

Swastik Pipe Days Sales Outstanding Historical Data

The historical data trend for Swastik Pipe'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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Swastik Pipe Days Sales Outstanding Chart

Swastik Pipe Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

68.88

95.10

88.68

80.52

83.81

Swastik Pipe Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial			-	85.27	76.72	85.86	87.59

Competitive Comparison of Swastik Pipe's Days Sales Outstanding

For the Steel subindustry, Swastik Pipe'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.

Swastik Pipe's Days Sales Outstanding Distribution in the Steel Industry

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

* The bar in red indicates where Swastik Pipe's Days Sales Outstanding falls into.

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Swastik Pipe 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.

Swastik Pipe'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
=	( (1641.701	+	1652.498)	/	2 )	/	7173.431	*	365
=	1647.0995					/	7173.431	*	365
=	83.81

Swastik Pipe'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
=	( (1761.346	+	1652.498)	/	2 )	/	3556.634	*	365 / 2
=	1706.922					/	3556.634	*	365 / 2
=	87.59

Swastik Pipe (NSE:SWASTIK) Days Sales Outstanding Explanation

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

Swastik Pipe Days Sales Outstanding Related Terms

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Swastik Pipe Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Swastik Pipe Ltd (NSE:SWASTIK) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Asaf Ali Road, 1/23 B, First Floor, Daryaganj, Delhi, IND, 110002

Website

https://www.swastikpipes.com

Swastik Pipe Ltd is engaged in manufacturing of ERW Black Pipe, Galvanized Steel Tubes, Cold Rolled Strips, S.T. Poles, Solar Mounting Structures, etc. The Company has two production plants at Bahadurgarh, Haryana and at Kosi Kalan U.P.

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