Voltas (NSE:VOLTAS) Days Sales Outstanding : 55.13 (As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Voltas Days Sales Outstanding?

Voltas's average Accounts Receivable for the three months ended in Mar. 2024 was ₹25,328 Mil. Voltas's Revenue for the three months ended in Mar. 2024 was ₹41,923 Mil. Hence, Voltas's Days Sales Outstanding for the three months ended in Mar. 2024 was 55.13.

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

NSE:VOLTAS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.16 Med: 86.85 Max: 94.07
Current: 61.16

During the past 13 years, Voltas's highest Days Sales Outstanding was 94.07. The lowest was 61.16. And the median was 86.85.

NSE:VOLTAS's Days Sales Outstanding is ranked better than
69.83% of 2960 companies
in the Industrial Products industry
Industry Median: 79.615 vs NSE:VOLTAS: 61.16

Voltas's Days Sales Outstanding declined from Mar. 2023 (68.10) to Mar. 2024 (55.13).

Voltas Days Sales Outstanding Historical Data

The historical data trend for Voltas'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.

Voltas Days Sales Outstanding Chart

Voltas Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

Get a 7-Day Free Trial

86.87

88.80

91.02

83.52

69.49

Voltas Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															68.10	59.97	60.87	52.84	55.13

Competitive Comparison of Voltas's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Voltas'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.

Voltas's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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

Voltas 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.

Voltas'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
=	( (21918.5	+	25327.6)	/	2 )	/	124073.6	*	365
=	23623.05					/	124073.6	*	365
=	69.49

Voltas'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: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0	+	25327.6)	/	1 )	/	41923	*	365 / 4
=	25327.6					/	41923	*	365 / 4
=	55.13

Voltas (NSE:VOLTAS) Days Sales Outstanding Explanation

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

Voltas Days Sales Outstanding Related Terms

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

Voltas (NSE:VOLTAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Voltas Ltd (NSE:VOLTAS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

500575:India

Address

Dr. Babasaheb Ambedkar Road, Voltas House ‘A’, Chinchpokli, Mumbai, MH, IND, 400 033

Website

https://www.voltas.com

Voltas Ltd is one of India's largest air conditioning companies. It provides engineering solutions for heating, ventilation, and air conditioning, refrigeration, textile machinery, and heavy equipment. Voltas has three operating segments: Unitary Cooling Products for Comfort and Commercial use, Engineering Products and Services, and Electro-Mechanical Projects and Services. Remote monitoring and maintenance systems keep track of performance and strengthen relationships with customers. The majority of revenue comes from India, with the remainder split among the Middle East, Singapore, and other regions.

Voltas (NSE:VOLTAS) Headlines

No Headlines