Ratnamani Metals & Tubes (BOM:520111) Days Sales Outstanding : 57.44 (As of Mar. 2024)

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What is Ratnamani Metals & Tubes Days Sales Outstanding?

Ratnamani Metals & Tubes's average Accounts Receivable for the three months ended in Mar. 2024 was ₹9,415 Mil. Ratnamani Metals & Tubes's Revenue for the three months ended in Mar. 2024 was ₹14,957 Mil. Hence, Ratnamani Metals & Tubes's Days Sales Outstanding for the three months ended in Mar. 2024 was 57.44.

The historical rank and industry rank for Ratnamani Metals & Tubes's Days Sales Outstanding or its related term are showing as below:

BOM:520111' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.65 Med: 67.44 Max: 105.32
Current: 65.6

During the past 13 years, Ratnamani Metals & Tubes's highest Days Sales Outstanding was 105.32. The lowest was 58.65. And the median was 67.44.

BOM:520111's Days Sales Outstanding is ranked worse than
66.5% of 597 companies
in the Steel industry
Industry Median: 49.82 vs BOM:520111: 65.60

Ratnamani Metals & Tubes's Days Sales Outstanding declined from Mar. 2023 (61.43) to Mar. 2024 (57.44).

Ratnamani Metals & Tubes Days Sales Outstanding Historical Data

The historical data trend for Ratnamani Metals & Tubes'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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Ratnamani Metals & Tubes Days Sales Outstanding Chart

Ratnamani Metals & Tubes Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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58.74

61.60

58.65

65.67

70.37

Ratnamani Metals & Tubes 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															61.43	78.38	62.68	56.40	57.44

Competitive Comparison of Ratnamani Metals & Tubes's Days Sales Outstanding

For the Steel subindustry, Ratnamani Metals & Tubes'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.

Ratnamani Metals & Tubes's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ratnamani Metals & Tubes's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ratnamani Metals & Tubes's Days Sales Outstanding falls into.

Ratnamani Metals & Tubes 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.

Ratnamani Metals & Tubes'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
=	( (10092.217	+	9414.547)	/	2 )	/	50590.963	*	365
=	9753.382					/	50590.963	*	365
=	70.37

Ratnamani Metals & Tubes'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	+	9414.547)	/	1 )	/	14957.054	*	365 / 4
=	9414.547					/	14957.054	*	365 / 4
=	57.44

Ratnamani Metals & Tubes (BOM:520111) Days Sales Outstanding Explanation

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

Ratnamani Metals & Tubes Days Sales Outstanding Related Terms

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Ratnamani Metals & Tubes (BOM:520111) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ratnamani Metals & Tubes Ltd (BOM:520111) » Definitions » Days Sales Outstanding

Comparable Companies

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RATNAMANI:India

Address

The First Avenue Road, Off 132 Ft Ring Road, The First, A & B Wing, 9th Floor, Behind Keshav Baug Party Plot, Vastrapur, Ahmedabad, GJ, IND, 380015

Website

https://www.ratnamani.com

Ratnamani Metals & Tubes Ltd is a manufacturer of stainless steel pipes, tubes, and carbon steel pipes. The company's product mix consists of stainless steel tubes and pipes, carbon steel pipes, and external and internal coating solutions. It operates in the Steel Tubes and Pipes segment. The company's end market by revenue is India. The firm's manufacturing facilities are located in Kutch, Indrad, and Chhatral in the state of Gujarat.

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