Empire Industries (BOM:509525) Days Sales Outstanding : 99.09 (As of Dec. 2023)

View and export this data going back to 1991. Start your Free Trial

What is Empire Industries Days Sales Outstanding?

Empire Industries's average Accounts Receivable for the three months ended in Dec. 2023 was ₹1,660 Mil. Empire Industries's Revenue for the three months ended in Dec. 2023 was ₹1,528 Mil. Hence, Empire Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 99.09.

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

BOM:509525' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.63 Med: 70.13 Max: 103.01
Current: 103.01

During the past 13 years, Empire Industries's highest Days Sales Outstanding was 103.01. The lowest was 61.63. And the median was 70.13.

BOM:509525's Days Sales Outstanding is ranked worse than
76.71% of 498 companies
in the Conglomerates industry
Industry Median: 61.035 vs BOM:509525: 103.01

Empire Industries's Days Sales Outstanding increased from Dec. 2022 (92.47) to Dec. 2023 (99.09).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Empire Industries Days Sales Outstanding Historical Data

The historical data trend for Empire Industries'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.

Empire Industries Days Sales Outstanding Chart

Empire Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

72.07

71.56

72.93

70.43

85.15

Empire Industries 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															92.47	99.93	120.22	98.65	99.09

Competitive Comparison of Empire Industries's Days Sales Outstanding

For the Conglomerates subindustry, Empire Industries'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.

Empire Industries's Days Sales Outstanding Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Empire Industries's Days Sales Outstanding distribution charts can be found below:

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

Empire Industries 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.

Empire Industries'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
=	( (1235.167	+	1945.049)	/	2 )	/	6815.877	*	365
=	1590.108					/	6815.877	*	365
=	85.15

Empire Industries'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
=	( (1659.813	+	0)	/	1 )	/	1528.459	*	365 / 4
=	1659.813					/	1528.459	*	365 / 4
=	99.09

Empire Industries (BOM:509525) Days Sales Outstanding Explanation

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

Empire Industries Days Sales Outstanding Related Terms

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

Empire Industries (BOM:509525) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Empire Industries Ltd (BOM:509525) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

414, Senapati Bapat Marg, Empire Complex, Lower Parel, Mumbai, MH, IND, 400 013

Website

https://www.empiremumbai.com

Empire Industries Ltd is a multi-divisional company engaged in different businesses. Its segments are Manufacturing - comprising of manufacturing glass bottles; Trading, Business Support Services, Consultancy, Commission; and Property development. The company derives revenue primarily from the business of manufacturing of container glass, trading in frozen foods, indenting and real estate. It also imports frozen foods from the global market and distributes them to hotels, provides office space on a leave and license basis to companies and banks, develops residential, and provides workspace solutions to clients. The company operates in India and internationally.

Empire Industries (BOM:509525) Headlines

No Headlines