Tribhovandas Bhimji Zaveri (BOM:534369) Days Sales Outstanding : 0.26 (As of Dec. 2023)

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What is Tribhovandas Bhimji Zaveri Days Sales Outstanding?

Tribhovandas Bhimji Zaveri's average Accounts Receivable for the three months ended in Dec. 2023 was ₹21 Mil. Tribhovandas Bhimji Zaveri's Revenue for the three months ended in Dec. 2023 was ₹7,410 Mil. Hence, Tribhovandas Bhimji Zaveri's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.26.

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

BOM:534369' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.16 Med: 0.48 Max: 5.05
Current: 0.41

During the past 13 years, Tribhovandas Bhimji Zaveri's highest Days Sales Outstanding was 5.05. The lowest was 0.16. And the median was 0.48.

BOM:534369's Days Sales Outstanding is ranked better than
98.79% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 17.55 vs BOM:534369: 0.41

Tribhovandas Bhimji Zaveri's Days Sales Outstanding declined from Dec. 2022 (0.44) to Dec. 2023 (0.26).

Tribhovandas Bhimji Zaveri Days Sales Outstanding Historical Data

The historical data trend for Tribhovandas Bhimji Zaveri'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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Tribhovandas Bhimji Zaveri Days Sales Outstanding Chart

Tribhovandas Bhimji Zaveri Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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5.05

2.91

0.87

0.50

0.25

Tribhovandas Bhimji Zaveri 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															0.44	0.31	0.26	0.40	0.26

Competitive Comparison of Tribhovandas Bhimji Zaveri's Days Sales Outstanding

For the Luxury Goods subindustry, Tribhovandas Bhimji Zaveri'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.

Tribhovandas Bhimji Zaveri's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Tribhovandas Bhimji Zaveri's Days Sales Outstanding falls into.

Tribhovandas Bhimji Zaveri 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.

Tribhovandas Bhimji Zaveri'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
=	( (16.129	+	16.005)	/	2 )	/	23934.325	*	365
=	16.067					/	23934.325	*	365
=	0.25

Tribhovandas Bhimji Zaveri'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
=	( (20.821	+	0)	/	1 )	/	7409.904	*	365 / 4
=	20.821					/	7409.904	*	365 / 4
=	0.26

Tribhovandas Bhimji Zaveri (BOM:534369) Days Sales Outstanding Explanation

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

Tribhovandas Bhimji Zaveri Days Sales Outstanding Related Terms

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Tribhovandas Bhimji Zaveri (BOM:534369) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tribhovandas Bhimji Zaveri Ltd (BOM:534369) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

TBZ:India

Address

Free Press Journal Road, 1106 to 1121, 11th Floor, West Wing, Tulsiani Chambers, 212, Backbay Reclamation, Nariman Point, Mumbai, MH, IND, 400021

Website

https://www.tbztheoriginal.com

Tribhovandas Bhimji Zaveri Ltd is an Indian company engaged in manufacturing/trading and selling jewellery. The company offers a range of products, including pendants, earrings, waist belts, watches, necklaces, bracelets, rings, and bangles. Its product portfolio includes plain gold, diamond-studded, semi-precious stone studded, diamond-studded platinum jewellery, jewellery with coloured stones in gold and diamond, loose diamond solitaires, loose precious and semi-precious stones, and jadau jewellery. The company provides jewellery for various occasions including wedding, festival, everyday wear, contemporary, and traditional wear. The company's business activity falls within a single primary business segment of Jewellery and one reportable geographical segment which is within India.

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