Harsha Engineers International (BOM:543600) Days Sales Outstanding : 81.27 (As of Dec. 2023)

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What is Harsha Engineers International Days Sales Outstanding?

Harsha Engineers International's average Accounts Receivable for the three months ended in Dec. 2023 was ₹2,890 Mil. Harsha Engineers International's Revenue for the three months ended in Dec. 2023 was ₹3,245 Mil. Hence, Harsha Engineers International's Days Sales Outstanding for the three months ended in Dec. 2023 was 81.27.

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

BOM:543600' s Days Sales Outstanding Range Over the Past 10 Years
Min: 70.75 Med: 87.43 Max: 101.86
Current: 76.43

During the past 4 years, Harsha Engineers International's highest Days Sales Outstanding was 101.86. The lowest was 70.75. And the median was 87.43.

BOM:543600's Days Sales Outstanding is ranked better than
52.6% of 2960 companies
in the Industrial Products industry
Industry Median: 79.61 vs BOM:543600: 76.43

Harsha Engineers International's Days Sales Outstanding declined from Dec. 2022 (82.88) to Dec. 2023 (81.27).

Harsha Engineers International Days Sales Outstanding Historical Data

The historical data trend for Harsha Engineers International'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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Harsha Engineers International Days Sales Outstanding Chart

Harsha Engineers International Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

101.86

97.75

70.75

77.11

Harsha Engineers International Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial							82.88	77.48	74.13	77.67	81.27

Competitive Comparison of Harsha Engineers International's Days Sales Outstanding

For the Tools & Accessories subindustry, Harsha Engineers International'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.

Harsha Engineers International's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Harsha Engineers International's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Harsha Engineers International's Days Sales Outstanding falls into.

Harsha Engineers International 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.

Harsha Engineers International'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
=	( (2891.1	+	2826.8)	/	2 )	/	13532.3	*	365
=	2858.95					/	13532.3	*	365
=	77.11

Harsha Engineers International'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
=	( (2889.8	+	0)	/	1 )	/	3244.5	*	365 / 4
=	2889.8					/	3244.5	*	365 / 4
=	81.27

Harsha Engineers International (BOM:543600) Days Sales Outstanding Explanation

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

Harsha Engineers International Days Sales Outstanding Related Terms

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Harsha Engineers International (BOM:543600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Harsha Engineers International Ltd (BOM:543600) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

HARSHA:India

Address

NH – 8A,Sarkhej-Bavla Highway, Changodar, Ahmedabad, GJ, IND, 382213

Website

https://www.harshaengineers.com

Harsha Engineers International Ltd is a manufacturer of precision bearing cages. The company supplies its products to customers covering five continents such as North America, Europe, Asia, South America, and Africa. It comprises two segments: Engineering business, under which the company manufactures bearing cages (in brass, steel, and polyamide materials), complex and specialized precision stamped components, welded assemblies and brass castings and cages & bronze bushings: and Solar EPC business, under which the company provide complete comprehensive turnkey solutions to all solar photovoltaic requirements and provides operations and maintenance services in the solar sector.

Harsha Engineers International (BOM:543600) Headlines

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