Action Construction Equipment (BOM:532762) Days Sales Outstanding : 17.94 (As of Mar. 2024)

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What is Action Construction Equipment Days Sales Outstanding?

Action Construction Equipment's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1,643 Mil. Action Construction Equipment's Revenue for the three months ended in Mar. 2024 was ₹8,358 Mil. Hence, Action Construction Equipment's Days Sales Outstanding for the three months ended in Mar. 2024 was 17.94.

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

BOM:532762' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.9 Med: 45.79 Max: 55.44
Current: 21.16

During the past 13 years, Action Construction Equipment's highest Days Sales Outstanding was 55.44. The lowest was 20.90. And the median was 45.79.

BOM:532762's Days Sales Outstanding is ranked better than
92.79% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 72.995 vs BOM:532762: 21.16

Action Construction Equipment's Days Sales Outstanding declined from Mar. 2023 (25.17) to Mar. 2024 (17.94).

Action Construction Equipment Days Sales Outstanding Historical Data

The historical data trend for Action Construction Equipment'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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Action Construction Equipment Days Sales Outstanding Chart

Action Construction Equipment Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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46.10

55.44

46.30

30.26

20.90

Action Construction Equipment 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															25.17	23.71	23.46	20.97	17.94

Competitive Comparison of Action Construction Equipment's Days Sales Outstanding

For the Farm & Heavy Construction Machinery subindustry, Action Construction Equipment'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.

Action Construction Equipment's Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Action Construction Equipment's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Action Construction Equipment's Days Sales Outstanding falls into.

Action Construction Equipment 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.

Action Construction Equipment'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
=	( (1693.4	+	1643.1)	/	2 )	/	29138	*	365
=	1668.25					/	29138	*	365
=	20.90

Action Construction Equipment'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	+	1643.1)	/	1 )	/	8358.4	*	365 / 4
=	1643.1					/	8358.4	*	365 / 4
=	17.94

Action Construction Equipment (BOM:532762) Days Sales Outstanding Explanation

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

Action Construction Equipment Days Sales Outstanding Related Terms

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Action Construction Equipment (BOM:532762) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Action Construction Equipment Ltd (BOM:532762) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ACE:India

Address

Dudhola Link Road, Dudhala District, Palwal, HR, IND, 121102

Website

https://www.ace-cranes.com

Action Construction Equipment Ltd is engaged in manufacturing material handling and construction equipment. The company operates in four business segments that are Cranes, Construction Equipment, Material Handling, and Agri Equipment. The product portfolio of the company consists of the mobile crane, tower crane, crawler crane, backhoe and ladder, road equipment, and the forklift truck. Most of the firm's revenue gets derived from the Cranes segment.

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