Palm Jewels (BOM:541444) Days Sales Outstanding : 4.15 (As of Dec. 2023)

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

What is Palm Jewels Days Sales Outstanding?

Palm Jewels's average Accounts Receivable for the three months ended in Dec. 2023 was ₹26 Mil. Palm Jewels's Revenue for the three months ended in Dec. 2023 was ₹568 Mil. Hence, Palm Jewels's Days Sales Outstanding for the three months ended in Dec. 2023 was 4.15.

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

BOM:541444' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.64 Med: 11.46 Max: 233.66
Current: 3.28

During the past 11 years, Palm Jewels's highest Days Sales Outstanding was 233.66. The lowest was 0.64. And the median was 11.46.

BOM:541444's Days Sales Outstanding is ranked better than
88.44% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 17.86 vs BOM:541444: 3.28

Palm Jewels's Days Sales Outstanding increased from Dec. 2022 (1.95) to Dec. 2023 (4.15).

Palm Jewels Days Sales Outstanding Historical Data

The historical data trend for Palm 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.

Palm Jewels Days Sales Outstanding Chart

Palm Jewels Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

16.41

3.23

0.96

0.64

1.54

Palm Jewels Quarterly Data
	Sep18	Mar19	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															1.95	2.35	1.83	6.98	4.15

Competitive Comparison of Palm Jewels's Days Sales Outstanding

For the Luxury Goods subindustry, Palm 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.

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

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

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

Palm 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.

Palm 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
=	( (2.429	+	5.979)	/	2 )	/	996.871	*	365
=	4.204					/	996.871	*	365
=	1.54

Palm 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
=	( (25.843	+	0)	/	1 )	/	567.876	*	365 / 4
=	25.843					/	567.876	*	365 / 4
=	4.15

Palm Jewels (BOM:541444) Days Sales Outstanding Explanation

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

Palm Jewels Days Sales Outstanding Related Terms

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

Palm Jewels (BOM:541444) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Palm Jewels Ltd (BOM:541444) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Chimanlal Girdharlal Road, Near Lal Bunglow, C-205, D-205, 2nd Floor, Super Mall, Navrangpura City, Ahmedabad, GJ, IND, 380009

Website

https://www.palmjewels.com

Palm Jewels Ltd is an India based company engaged in the wholesale business of gold jewellery. Its products include gold-based chains, bracelets, and necklaces. The company markets its products directly to other jewellery stores; and through B2B marketing and direct/outbound marketing.

Palm Jewels (BOM:541444) Headlines

No Headlines