Gorani Industries (BOM:531608) Days Sales Outstanding : 78.56 (As of Dec. 2023)

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What is Gorani Industries Days Sales Outstanding?

Gorani Industries's average Accounts Receivable for the three months ended in Dec. 2023 was ₹92.5 Mil. Gorani Industries's Revenue for the three months ended in Dec. 2023 was ₹107.4 Mil. Hence, Gorani Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 78.56.

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

BOM:531608' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.53 Med: 60.07 Max: 104.73
Current: 86.64

During the past 11 years, Gorani Industries's highest Days Sales Outstanding was 104.73. The lowest was 45.53. And the median was 60.07.

BOM:531608's Days Sales Outstanding is ranked worse than
81.95% of 421 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.04 vs BOM:531608: 86.64

Gorani Industries's Days Sales Outstanding increased from Dec. 2022 (71.30) to Dec. 2023 (78.56).

Gorani Industries Days Sales Outstanding Historical Data

The historical data trend for Gorani 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.

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Gorani Industries Days Sales Outstanding Chart

Gorani Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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75.95

83.08

104.73

60.71

59.43

Gorani 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															71.30	99.25	98.03	70.67	78.56

Competitive Comparison of Gorani Industries's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Gorani 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.

Gorani Industries's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Gorani Industries's Days Sales Outstanding distribution charts can be found below:

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

Gorani 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.

Gorani 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
=	( (50.566	+	86.335)	/	2 )	/	420.418	*	365
=	68.4505					/	420.418	*	365
=	59.43

Gorani 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
=	( (92.483	+	0)	/	1 )	/	107.417	*	365 / 4
=	92.483					/	107.417	*	365 / 4
=	78.56

Gorani Industries (BOM:531608) Days Sales Outstanding Explanation

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

Gorani Industries Days Sales Outstanding Related Terms

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Gorani Industries (BOM:531608) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Gorani Industries Ltd (BOM:531608) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sanwer Road, Industrial Area, Plot No. 32-33, Sector-F, Indore, MP, IND, 452 015

Website

https://www.goraniindustries.com

Gorani Industries Ltd is engaged in the business of production and sales of kitchen and home appliances. Its main products are LPG stoves, steel frames, gas geysers, rangehood chimneys and others.

Gorani Industries (BOM:531608) Headlines

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