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Zee Entertainment Enterprises (NSE:ZEEL) Days Sales Outstanding : 100.64 (As of Dec. 2023)


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What is Zee Entertainment Enterprises Days Sales Outstanding?

Zee Entertainment Enterprises's average Accounts Receivable for the three months ended in Dec. 2023 was ₹22,562 Mil. Zee Entertainment Enterprises's Revenue for the three months ended in Dec. 2023 was ₹20,457 Mil. Hence, Zee Entertainment Enterprises's Days Sales Outstanding for the three months ended in Dec. 2023 was 100.64.

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

NSE:ZEEL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 73.46   Med: 77.28   Max: 96.31
Current: 79.71

During the past 13 years, Zee Entertainment Enterprises's highest Days Sales Outstanding was 96.31. The lowest was 73.46. And the median was 77.28.

NSE:ZEEL's Days Sales Outstanding is ranked worse than
59.3% of 1022 companies
in the Media - Diversified industry
Industry Median: 69.425 vs NSE:ZEEL: 79.71

Zee Entertainment Enterprises's Days Sales Outstanding increased from Dec. 2022 (75.97) to Dec. 2023 (100.64).


Zee Entertainment Enterprises Days Sales Outstanding Historical Data

The historical data trend for Zee Entertainment Enterprises'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.

Zee Entertainment Enterprises Days Sales Outstanding Chart

Zee Entertainment Enterprises Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.38 88.80 96.31 82.11 75.51

Zee Entertainment Enterprises 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 75.97 69.51 74.00 84.45 100.64

Competitive Comparison of Zee Entertainment Enterprises's Days Sales Outstanding

For the Broadcasting subindustry, Zee Entertainment Enterprises'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.


Zee Entertainment Enterprises's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Zee Entertainment Enterprises's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zee Entertainment Enterprises's Days Sales Outstanding falls into.



Zee Entertainment Enterprises 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.

Zee Entertainment Enterprises'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
=( (17375 + 16088) / 2 ) / 80879*365
=16731.5 / 80879*365
=75.51

Zee Entertainment Enterprises'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
=( (22562.4 + 0) / 1 ) / 20456.7*365 / 4
=22562.4 / 20456.7*365 / 4
=100.64

* 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.


Zee Entertainment Enterprises  (NSE:ZEEL) Days Sales Outstanding Explanation

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


Zee Entertainment Enterprises Days Sales Outstanding Related Terms

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Zee Entertainment Enterprises (NSE:ZEEL) Business Description

Traded in Other Exchanges
Address
N.M. Joshi Marg, 18th Floor, A-Wing, Marathon Futurex, Lower Parel, Mumbai, MH, IND, 400013
Zee Entertainment Enterprises Ltd is a broadcasting television company that provides media and entertainment services. Zee generates revenue from Advertisement, Subscription, Theatrical revenue, Sale of media content, Transmission revenue and Commission. The company controls a suite of television channels that broadcast in many different languages. Furthermore, Zee Entertainment produces and distributes feature films, develops digital online offerings, and produces and sells for live entertainment events. It operates in five business Broadcast, Digital, Movies, Music and Sports. The company earns the vast majority of its revenue in India.

Zee Entertainment Enterprises (NSE:ZEEL) Headlines

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