Trade Wings (BOM:509953) Days Sales Outstanding : 35.40 (As of Dec. 2023)

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What is Trade Wings Days Sales Outstanding?

Trade Wings's average Accounts Receivable for the three months ended in Dec. 2023 was ₹240 Mil. Trade Wings's Revenue for the three months ended in Dec. 2023 was ₹620 Mil. Hence, Trade Wings's Days Sales Outstanding for the three months ended in Dec. 2023 was 35.40.

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

BOM:509953' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.64 Med: 53.36 Max: 214.87
Current: 31.01

During the past 13 years, Trade Wings's highest Days Sales Outstanding was 214.87. The lowest was 27.64. And the median was 53.36.

BOM:509953's Days Sales Outstanding is not ranked
in the Travel & Leisure industry.
Industry Median: 29.33 vs BOM:509953: 31.01

Trade Wings's Days Sales Outstanding increased from Dec. 2022 (25.10) to Dec. 2023 (35.40).

Trade Wings Days Sales Outstanding Historical Data

The historical data trend for Trade Wings'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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Trade Wings Days Sales Outstanding Chart

Trade Wings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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28.70

33.16

172.31

72.02

34.70

Trade Wings 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															25.10	32.29	28.77	42.01	35.40

Competitive Comparison of Trade Wings's Days Sales Outstanding

For the Travel Services subindustry, Trade Wings'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.

Trade Wings's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Trade Wings's Days Sales Outstanding distribution charts can be found below:

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

Trade Wings 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.

Trade Wings'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
=	( (198.528	+	207.675)	/	2 )	/	2136.205	*	365
=	203.1015					/	2136.205	*	365
=	34.70

Trade Wings'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
=	( (240.463	+	0)	/	1 )	/	619.908	*	365 / 4
=	240.463					/	619.908	*	365 / 4
=	35.40

Trade Wings (BOM:509953) Days Sales Outstanding Explanation

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

Trade Wings Days Sales Outstanding Related Terms

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Trade Wings (BOM:509953) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Trade Wings Ltd (BOM:509953) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

A-2 Kaveri CHS, Plot No.63, Sector 17, Vashi, Navi Mumbai, MH, IND, 400 705

Website

https://www.tradewings.in

Trade Wings Ltd is an India based company operating in the tourism industry. Its services include Business Travel, Leisure Travel, Hospitality, Logistics, and others. The company's operating segment includes Cargo and Others and Travel Related Services. It generates maximum revenue from the Travel Related Services segment.

Trade Wings (BOM:509953) Headlines

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