Sovereign Diamonds (BOM:523826) Days Sales Outstanding : 115.50 (As of Dec. 2023)

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What is Sovereign Diamonds Days Sales Outstanding?

Sovereign Diamonds's average Accounts Receivable for the three months ended in Dec. 2023 was ₹90.9 Mil. Sovereign Diamonds's Revenue for the three months ended in Dec. 2023 was ₹71.8 Mil. Hence, Sovereign Diamonds's Days Sales Outstanding for the three months ended in Dec. 2023 was 115.50.

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

BOM:523826' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.17 Med: 96.76 Max: 168.36
Current: 119.9

During the past 13 years, Sovereign Diamonds's highest Days Sales Outstanding was 168.36. The lowest was 61.17. And the median was 96.76.

BOM:523826's Days Sales Outstanding is ranked worse than
92.23% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 17.86 vs BOM:523826: 119.90

Sovereign Diamonds's Days Sales Outstanding declined from Dec. 2022 (129.24) to Dec. 2023 (115.50).

Sovereign Diamonds Days Sales Outstanding Historical Data

The historical data trend for Sovereign Diamonds'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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Sovereign Diamonds Days Sales Outstanding Chart

Sovereign Diamonds Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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61.17

101.01

168.36

84.02

97.70

Sovereign Diamonds 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															129.24	106.22	132.14	127.67	115.50

Competitive Comparison of Sovereign Diamonds's Days Sales Outstanding

For the Luxury Goods subindustry, Sovereign Diamonds'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.

Sovereign Diamonds's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sovereign Diamonds's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sovereign Diamonds's Days Sales Outstanding falls into.

Sovereign Diamonds 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.

Sovereign Diamonds'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
=	( (66.25	+	82.607)	/	2 )	/	278.073	*	365
=	74.4285					/	278.073	*	365
=	97.70

Sovereign Diamonds'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
=	( (90.893	+	0)	/	1 )	/	71.807	*	365 / 4
=	90.893					/	71.807	*	365 / 4
=	115.50

Sovereign Diamonds (BOM:523826) Days Sales Outstanding Explanation

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

Sovereign Diamonds Days Sales Outstanding Related Terms

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Sovereign Diamonds (BOM:523826) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sovereign Diamonds Ltd (BOM:523826) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Mahakali Caves Road, Mahal Industrial Estate, 11-A,Sovereign House, Andheri East, Mumbai, MH, IND, 400093

Website

https://www.sovereigndiamondsltd.com

Sovereign Diamonds Ltd is a manufacturer and supplier of diamond jewelry. The company supplies its products to retail brands and retail chains. It has only one operating segment Jewellery Manufacturing.

Sovereign Diamonds (BOM:523826) Headlines

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