Kenvi Jewels (BOM:540953) Days Sales Outstanding : 12.56 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Kenvi Jewels Days Sales Outstanding?

Kenvi Jewels's average Accounts Receivable for the three months ended in Dec. 2023 was ₹50 Mil. Kenvi Jewels's Revenue for the three months ended in Dec. 2023 was ₹362 Mil. Hence, Kenvi Jewels's Days Sales Outstanding for the three months ended in Dec. 2023 was 12.56.

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

BOM:540953' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.74 Med: 9.08 Max: 82.87
Current: 9.85

During the past 10 years, Kenvi Jewels's highest Days Sales Outstanding was 82.87. The lowest was 3.74. And the median was 9.08.

BOM:540953's Days Sales Outstanding is ranked better than
64.75% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 18.15 vs BOM:540953: 9.85

Kenvi Jewels's Days Sales Outstanding increased from Dec. 2022 (10.14) to Dec. 2023 (12.56).

Kenvi Jewels Days Sales Outstanding Historical Data

The historical data trend for Kenvi Jewels'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.

* Premium members only.

Kenvi Jewels Days Sales Outstanding Chart

Kenvi Jewels Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

59.20

27.93

17.10

8.63

9.52

Kenvi Jewels Quarterly Data
	Mar17	Nov17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															10.14	6.77	7.41	16.72	12.56

Competitive Comparison of Kenvi Jewels's Days Sales Outstanding

For the Luxury Goods subindustry, Kenvi Jewels'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.

Kenvi Jewels's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Kenvi Jewels's Days Sales Outstanding falls into.

Kenvi Jewels 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.

Kenvi Jewels'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
=	( (24.91	+	21.121)	/	2 )	/	882.609	*	365
=	23.0155					/	882.609	*	365
=	9.52

Kenvi Jewels'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
=	( (49.778	+	0)	/	1 )	/	361.623	*	365 / 4
=	49.778					/	361.623	*	365 / 4
=	12.56

Kenvi Jewels (BOM:540953) Days Sales Outstanding Explanation

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

Kenvi Jewels Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Kenvi Jewels's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Kenvi Jewels (BOM:540953) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kenvi Jewels Ltd (BOM:540953) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

CG Road, Near Lal Bunglow, Shop No. 121 & 122, Super Mall Complex, Ahmedabad, GJ, IND, 380006

Website

https://www.kenvijewels.com

Kenvi Jewels Ltd is engaged in the business of manufacturing and retailing jewellery products. The company is involved in the wholesaling and trading of gold jewelry. Its product portfolio includes Wedding Jewellery, Festive Jewellery, Rings, Chain, Earrings, Ear Chain, Nose-rings/Nose pins, Waist belts, Mangalsutra, Anklet, Zuda, Toe Ring, Pendant Set/ Pendant, Bracelet and Bangles.

Kenvi Jewels (BOM:540953) Headlines

No Headlines