Anand Rathi Wealth (BOM:543415) Days Sales Outstanding : 0.04 (As of Mar. 2024)

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What is Anand Rathi Wealth Days Sales Outstanding?

Anand Rathi Wealth's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1 Mil. Anand Rathi Wealth's Revenue for the three months ended in Mar. 2024 was ₹1,843 Mil. Hence, Anand Rathi Wealth's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.04.

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

BOM:543415' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.06 Med: 11.17 Max: 14.53
Current: 3.66

During the past 6 years, Anand Rathi Wealth's highest Days Sales Outstanding was 14.53. The lowest was 0.06. And the median was 11.17.

BOM:543415's Days Sales Outstanding is ranked better than
93.52% of 509 companies
in the Asset Management industry
Industry Median: 49.96 vs BOM:543415: 3.66

Anand Rathi Wealth's Days Sales Outstanding declined from Mar. 2023 (0.09) to Mar. 2024 (0.04).

Anand Rathi Wealth Days Sales Outstanding Historical Data

The historical data trend for Anand Rathi Wealth'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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Anand Rathi Wealth Days Sales Outstanding Chart

Anand Rathi Wealth Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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11.07

13.74

11.26

5.01

0.06

Anand Rathi Wealth Quarterly Data
	Mar19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial											0.09	0.08	10.78	10.79	0.04

Competitive Comparison of Anand Rathi Wealth's Days Sales Outstanding

For the Asset Management subindustry, Anand Rathi Wealth'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.

Anand Rathi Wealth's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Anand Rathi Wealth's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Anand Rathi Wealth's Days Sales Outstanding falls into.

Anand Rathi Wealth 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.

Anand Rathi Wealth'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
=	( (1.485	+	0.752)	/	2 )	/	7243.224	*	365
=	1.1185					/	7243.224	*	365
=	0.06

Anand Rathi Wealth'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	+	0.752)	/	1 )	/	1842.842	*	365 / 4
=	0.752					/	1842.842	*	365 / 4
=	0.04

Anand Rathi Wealth (BOM:543415) Days Sales Outstanding Explanation

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

Anand Rathi Wealth Days Sales Outstanding Related Terms

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Anand Rathi Wealth (BOM:543415) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Anand Rathi Wealth Ltd (BOM:543415) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ANANDRATHI:India

Address

Senapati Bapat Marg, Trade Link, 2nd and 3rd Floor, E Wing, B and C Block, Kamla Mill Compound, Lower Parel, Mumbai, MH, IND, 400 013

Website

https://www.rathi.com

Anand Rathi Wealth Ltd is a non-bank wealth solutions firm. The company offers a wide product portfolio of wealth solutions, financial product distribution, and technology solutions to its clients.

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