Vinyas Innovative Technologies (NSE:VINYAS) Days Sales Outstanding : 60.72 (As of Mar. 2023)

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What is Vinyas Innovative Technologies Days Sales Outstanding?

Vinyas Innovative Technologies's average Accounts Receivable for the six months ended in Mar. 2023 was ₹390 Mil. Vinyas Innovative Technologies's Revenue for the six months ended in Mar. 2023 was ₹2,345 Mil. Hence, Vinyas Innovative Technologies's Days Sales Outstanding for the six months ended in Mar. 2023 was 30.36.

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

NSE:VINYAS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.77 Med: 60.72 Max: 75.68
Current: 60.72

During the past 3 years, Vinyas Innovative Technologies's highest Days Sales Outstanding was 75.68. The lowest was 51.77. And the median was 60.72.

NSE:VINYAS's Days Sales Outstanding is ranked better than
70.8% of 2942 companies
in the Industrial Products industry
Industry Median: 79.805 vs NSE:VINYAS: 60.72

Vinyas Innovative Technologies's Days Sales Outstanding increased from Mar. 2021 (51.77) to Mar. 2023 (60.72).

Vinyas Innovative Technologies Days Sales Outstanding Historical Data

The historical data trend for Vinyas Innovative Technologies'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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Vinyas Innovative Technologies Days Sales Outstanding Chart

Vinyas Innovative Technologies Annual Data

Trend

Mar21

Mar22

Mar23

Days Sales Outstanding

51.77

75.68

60.72

Vinyas Innovative Technologies Semi-Annual Data
	Mar21	Mar22	Mar23
Days Sales Outstanding	51.77	75.68	60.72

Competitive Comparison of Vinyas Innovative Technologies's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Vinyas Innovative Technologies'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.

Vinyas Innovative Technologies's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Vinyas Innovative Technologies's Days Sales Outstanding falls into.

Vinyas Innovative Technologies 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.

Vinyas Innovative Technologies'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
=	( (570.718	+	209.511)	/	2 )	/	2345.24	*	365
=	390.1145					/	2345.24	*	365
=	60.72

Vinyas Innovative Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding (Q: 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
=	( (570.718	+	209.511)	/	2 )	/	2345.24	*	365 / 2
=	390.1145					/	2345.24	*	365 / 2
=	30.36

Vinyas Innovative Technologies (NSE:VINYAS) Days Sales Outstanding Explanation

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

Vinyas Innovative Technologies Days Sales Outstanding Related Terms

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Vinyas Innovative Technologies (NSE:VINYAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vinyas Innovative Technologies Ltd (NSE:VINYAS) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Plot No. 19, Survey No. 26 & 273-P, 3rd Phase, Koorgalli Industrial Area, Ilawala Hobali, Mysore, KA, IND, 570018

Website

https://www.vinyasit.com

Vinyas Innovative Technologies Ltd is a provider of design, engineering and electronics manufacturing services catering to global Original Equipment Manufacturers and Original Design Manufacturers in the Electronic Industry. As an integrated electronic manufacturing services provider, the Company offers a broad range of products and services across multiple industry segments. With wide industry knowledge, cutting-edge technologies & state-of-the-art infrastructure, Vinyas supports its Global partners from conceptualizing the design, engineering, and manufacturing to turnkey requirements for mission-critical applications.

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