Titan Co (NSE:TITAN) Days Sales Outstanding : 10.21 (As of Dec. 2023)

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What is Titan Co Days Sales Outstanding?

Titan Co's average Accounts Receivable for the three months ended in Dec. 2023 was ₹15,630 Mil. Titan Co's Revenue for the three months ended in Dec. 2023 was ₹139,630 Mil. Hence, Titan Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 10.21.

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

NSE:TITAN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.36 Med: 5.65 Max: 7.59
Current: 7.59

During the past 13 years, Titan Co's highest Days Sales Outstanding was 7.59. The lowest was 0.36. And the median was 5.65.

NSE:TITAN's Days Sales Outstanding is ranked better than
72.08% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 17.625 vs NSE:TITAN: 7.59

Titan Co's Days Sales Outstanding increased from Dec. 2022 (5.83) to Dec. 2023 (10.21).

Titan Co Days Sales Outstanding Historical Data

The historical data trend for Titan Co'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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Titan Co Days Sales Outstanding Chart

Titan Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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6.63

6.37

5.73

5.91

5.59

Titan Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															5.83	5.24	5.67	13.32	10.21

Competitive Comparison of Titan Co's Days Sales Outstanding

For the Luxury Goods subindustry, Titan Co'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.

Titan Co's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Titan Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Titan Co's Days Sales Outstanding falls into.

Titan Co 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.

Titan Co's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (5650	+	6740)	/	2 )	/	404470	*	365
=	6195					/	404470	*	365
=	5.59

Titan Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (15630	+	0)	/	1 )	/	139630	*	365 / 4
=	15630					/	139630	*	365 / 4
=	10.21

Titan Co (NSE:TITAN) Days Sales Outstanding Explanation

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

Titan Co Days Sales Outstanding Related Terms

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Titan Co (NSE:TITAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Titan Co Ltd (NSE:TITAN) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

500114:India

Address

Off Hosur Main Road, INTEGRITY No. 193, Electronics City P.O., Veerasandra, Bangalore, KA, IND, 560100

Website

https://www.titancompany.in

Titan Co Ltd is engaged in the manufacturing and sale of watches, jewellery, eyewear, and other accessories and products. Its operating segments are watches and wearables, jewellery, eyewear, and others. The firm generates a majority of its revenue from jewellery. The company sells its products under various brands such as Fastrack, Skinn, Sonata, Zoop, Nebula, Zoya, Skinn, Tanishq, and others.

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