Thaai Casting (NSE:TCL) Days Sales Outstanding : 69.90 (As of Sep. 2024)

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What is Thaai Casting Days Sales Outstanding?

Thaai Casting's average Accounts Receivable for the six months ended in Sep. 2024 was ₹182.9 Mil. Thaai Casting's Revenue for the six months ended in Sep. 2024 was ₹477.6 Mil. Hence, Thaai Casting's Days Sales Outstanding for the six months ended in Sep. 2024 was 69.90.

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

NSE:TCL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.24 Med: 57.69 Max: 139.8
Current: 139.8

During the past 4 years, Thaai Casting's highest Days Sales Outstanding was 139.80. The lowest was 52.24. And the median was 57.69.

NSE:TCL's Days Sales Outstanding is ranked worse than
92.94% of 1304 companies
in the Vehicles & Parts industry
Industry Median: 59.925 vs NSE:TCL: 139.80

Thaai Casting's Days Sales Outstanding increased from Mar. 2023 (0.00) to Sep. 2024 (69.90).

Thaai Casting Days Sales Outstanding Historical Data

The historical data trend for Thaai Casting'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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Thaai Casting Days Sales Outstanding Chart

Thaai Casting Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

71.96

52.24

60.72

54.65

Thaai Casting Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24	Sep24
Days Sales Outstanding	-	-	-	-	69.90

Competitive Comparison of Thaai Casting's Days Sales Outstanding

For the Auto Parts subindustry, Thaai Casting'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.

Thaai Casting's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Thaai Casting's Days Sales Outstanding falls into.

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Thaai Casting 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.

Thaai Casting'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
=	( (93.419	+	119.06)	/	2 )	/	709.614	*	365
=	106.2395					/	709.614	*	365
=	54.65

Thaai Casting'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: Mar. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (119.06	+	246.822)	/	2 )	/	477.632	*	365 / 2
=	182.941					/	477.632	*	365 / 2
=	69.90

Thaai Casting (NSE:TCL) Days Sales Outstanding Explanation

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

Thaai Casting Days Sales Outstanding Related Terms

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Thaai Casting Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Thaai Casting Ltd (NSE:TCL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

7th Cross Street, No. A-20 SIPCOT Industrial Park, Pillaipakkam, Tiruvallur, Sriperumbudur, TN, IND, 602105

Website

https://www.thaaicasting.com

Thaai Casting Ltd is a distinguished automotive ancillary company, specializing in high-pressure Die Casting, as well as the precision Machining of both Ferrous and Non-Ferrous materials and Induction heating and quenching. Its products portfolio encompasses a diverse range of Automobile components, including Engine Mounting Support Brackets, Transmission Mounts, Fork Shift and Housing, Armature Steering Wheel, Electrical Connectors, YFG Base Frame (Right-hand drive side/Left-hand drive side), Housing, Top Cover, and more.

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