Grindwell Norton (BOM:506076) Days Sales Outstanding : 44.43 (As of Dec. 2023)

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What is Grindwell Norton Days Sales Outstanding?

Grindwell Norton's average Accounts Receivable for the three months ended in Dec. 2023 was ₹3,191 Mil. Grindwell Norton's Revenue for the three months ended in Dec. 2023 was ₹6,555 Mil. Hence, Grindwell Norton's Days Sales Outstanding for the three months ended in Dec. 2023 was 44.43.

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

BOM:506076' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.29 Med: 38.8 Max: 47.45
Current: 38.99

During the past 13 years, Grindwell Norton's highest Days Sales Outstanding was 47.45. The lowest was 32.29. And the median was 38.80.

BOM:506076's Days Sales Outstanding is ranked better than
82.75% of 1646 companies
in the Construction industry
Industry Median: 72.605 vs BOM:506076: 38.99

Grindwell Norton's Days Sales Outstanding increased from Dec. 2022 (38.60) to Dec. 2023 (44.43).

Grindwell Norton Days Sales Outstanding Historical Data

The historical data trend for Grindwell Norton'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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Grindwell Norton Days Sales Outstanding Chart

Grindwell Norton Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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43.71

47.45

45.34

39.78

37.13

Grindwell Norton 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															38.60	37.77	38.26	44.04	44.43

Competitive Comparison of Grindwell Norton's Days Sales Outstanding

For the Building Products & Equipment subindustry, Grindwell Norton'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.

Grindwell Norton's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Grindwell Norton's Days Sales Outstanding distribution charts can be found below:

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

Grindwell Norton 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.

Grindwell Norton'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
=	( (2368.657	+	2802.031)	/	2 )	/	25413.424	*	365
=	2585.344					/	25413.424	*	365
=	37.13

Grindwell Norton'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
=	( (3191.4	+	0)	/	1 )	/	6554.7	*	365 / 4
=	3191.4					/	6554.7	*	365 / 4
=	44.43

Grindwell Norton (BOM:506076) Days Sales Outstanding Explanation

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

Grindwell Norton Days Sales Outstanding Related Terms

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Grindwell Norton (BOM:506076) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Grindwell Norton Ltd (BOM:506076) » Definitions » Days Sales Outstanding

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GRINDWELL:India

Address

Andheri-Kurla Road, Leela Business Park, 5th Level, Marol, Andheri (East), Mumbai, MH, IND, 400 059

Website

https://www.grindwellnorton.co.in

Grindwell Norton Ltd is a company that produces abrasives and ceramics products. The company's businesses are divided into major segments: Abrasives, Ceramics and Plastics, Digital Services and Others. The company manufactures various types of abrasives, which include bonded, coated, non-woven, construction, thin wheels, and super abrasives. Grindwell's Ceramics and Plastics division produces silicon carbide, high-temperature refractories, and fused cast ceramics. The silicon carbide products serve as raw materials that are used to create abrasives, and the company's refractories are structures used for processing both ferrous and non-ferrous metals. The company generates the vast majority of its revenue in India..

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