Rhetan TMT (BOM:543590) Days Sales Outstanding : 148.67 (As of Sep. 2023)

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What is Rhetan TMT Days Sales Outstanding?

Rhetan TMT's average Accounts Receivable for the six months ended in Sep. 2023 was ₹283.2 Mil. Rhetan TMT's Revenue for the six months ended in Sep. 2023 was ₹347.6 Mil. Hence, Rhetan TMT's Days Sales Outstanding for the six months ended in Sep. 2023 was 148.67.

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

BOM:543590' s Days Sales Outstanding Range Over the Past 10 Years
Min: 74.8 Med: 101.13 Max: 133.55
Current: 108.21

During the past 4 years, Rhetan TMT's highest Days Sales Outstanding was 133.55. The lowest was 74.80. And the median was 101.13.

BOM:543590's Days Sales Outstanding is ranked worse than
89.13% of 598 companies
in the Steel industry
Industry Median: 49.815 vs BOM:543590: 108.21

Rhetan TMT's Days Sales Outstanding increased from Sep. 2022 (118.66) to Sep. 2023 (148.67).

Rhetan TMT Days Sales Outstanding Historical Data

The historical data trend for Rhetan TMT'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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Rhetan TMT Days Sales Outstanding Chart

Rhetan TMT Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

133.55

74.80

98.09

104.17

Rhetan TMT Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial			80.88	113.49	118.66	83.55	148.67

Competitive Comparison of Rhetan TMT's Days Sales Outstanding

For the Steel subindustry, Rhetan TMT'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.

Rhetan TMT's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Rhetan TMT's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Rhetan TMT's Days Sales Outstanding falls into.

Rhetan TMT 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.

Rhetan TMT'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
=	( (219.98	+	271.016)	/	2 )	/	860.215	*	365
=	245.498					/	860.215	*	365
=	104.17

Rhetan TMT's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (271.016	+	295.339)	/	2 )	/	347.609	*	365 / 2
=	283.1775					/	347.609	*	365 / 2
=	148.67

Rhetan TMT (BOM:543590) Days Sales Outstanding Explanation

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

Rhetan TMT Days Sales Outstanding Related Terms

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Rhetan TMT (BOM:543590) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Rhetan TMT Ltd (BOM:543590) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Rasala Marg, Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Ahmedabad, GJ, IND, 380006

Website

http://www.rhetan.com

Rhetan TMT Ltd manufactures TMT Bars and Round Bars which are used in the construction industry. The products are used in the construction of dams, bridges, residential and commercial towers, and the majority of infrastructure projects in Gujarat.

Rhetan TMT (BOM:543590) Headlines

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