Tai Industries (BOM:519483) Days Sales Outstanding : 97.82 (As of Mar. 2024)

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What is Tai Industries Days Sales Outstanding?

Tai Industries's average Accounts Receivable for the three months ended in Mar. 2024 was ₹364 Mil. Tai Industries's Revenue for the three months ended in Mar. 2024 was ₹339 Mil. Hence, Tai Industries's Days Sales Outstanding for the three months ended in Mar. 2024 was 97.82.

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

BOM:519483' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.76 Med: 97.16 Max: 199.81
Current: 102.66

During the past 13 years, Tai Industries's highest Days Sales Outstanding was 199.81. The lowest was 40.76. And the median was 97.16.

BOM:519483's Days Sales Outstanding is ranked worse than
92.46% of 305 companies
in the Retail - Defensive industry
Industry Median: 23.48 vs BOM:519483: 102.66

Tai Industries's Days Sales Outstanding increased from Mar. 2023 (58.91) to Mar. 2024 (97.82).

Warning Sign:

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

Tai Industries Days Sales Outstanding Historical Data

The historical data trend for Tai 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.

Tai Industries Days Sales Outstanding Chart

Tai Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

Get a 7-Day Free Trial

71.40

45.29

40.76

58.22

102.37

Tai Industries 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															58.91	71.03	136.94	145.36	97.82

Competitive Comparison of Tai Industries's Days Sales Outstanding

For the Food Distribution subindustry, Tai 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.

Tai Industries's Days Sales Outstanding Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Tai Industries's Days Sales Outstanding distribution charts can be found below:

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

Tai 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.

Tai Industries'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
=	( (465.155	+	363.775)	/	2 )	/	1477.781	*	365
=	414.465					/	1477.781	*	365
=	102.37

Tai Industries'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	+	363.775)	/	1 )	/	339.339	*	365 / 4
=	363.775					/	339.339	*	365 / 4
=	97.82

Tai Industries (BOM:519483) Days Sales Outstanding Explanation

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

Tai Industries Days Sales Outstanding Related Terms

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

Tai Industries (BOM:519483) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Tai Industries Ltd (BOM:519483) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

53A, Mirza Ghalib Street, 3rd Floor, Kolkata, WB, IND, 700 016

Website

https://www.taiind.com

Tai Industries Ltd is an India-based trading organization. It is involved in the marketing and distribution, in India, of DRUK brand of fruit products such as Squashes, Jams, Fruit juices, Pickles, and Sauces. In addition, it is also engaged in trading and marketing of industrial and mineral products and raw materials such as Calcium carbide, Charcoal, Manganese ore, and Others.

Tai Industries (BOM:519483) Headlines

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