INOX Green Energy Services (BOM:543667) Days Sales Outstanding : 197.97 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is INOX Green Energy Services Days Sales Outstanding?

INOX Green Energy Services's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1,309 Mil. INOX Green Energy Services's Revenue for the three months ended in Mar. 2024 was ₹603 Mil. Hence, INOX Green Energy Services's Days Sales Outstanding for the three months ended in Mar. 2024 was 197.97.

The historical rank and industry rank for INOX Green Energy Services's Days Sales Outstanding or its related term are showing as below:

BOM:543667' s Days Sales Outstanding Range Over the Past 10 Years
Min: 93.29 Med: 117.21 Max: 246.35
Current: 246.35

During the past 5 years, INOX Green Energy Services's highest Days Sales Outstanding was 246.35. The lowest was 93.29. And the median was 117.21.

BOM:543667's Days Sales Outstanding is ranked worse than
86.52% of 408 companies
in the Utilities - Independent Power Producers industry
Industry Median: 66.365 vs BOM:543667: 246.35

INOX Green Energy Services's Days Sales Outstanding increased from Dec. 2022 (0.00) to Mar. 2024 (197.97).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

INOX Green Energy Services Days Sales Outstanding Historical Data

The historical data trend for INOX Green Energy Services'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.

INOX Green Energy Services Days Sales Outstanding Chart

INOX Green Energy Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

93.29

94.20

121.59

117.21

181.98

INOX Green Energy Services Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial						-	148.94	200.86	176.41	197.97

Competitive Comparison of INOX Green Energy Services's Days Sales Outstanding

For the Utilities - Renewable subindustry, INOX Green Energy Services'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.

INOX Green Energy Services's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, INOX Green Energy Services's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where INOX Green Energy Services's Days Sales Outstanding falls into.

INOX Green Energy Services 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.

INOX Green Energy Services'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
=	( (927.1	+	1309.1)	/	2 )	/	2242.6	*	365
=	1118.1					/	2242.6	*	365
=	181.98

INOX Green Energy Services'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	+	1309.1)	/	1 )	/	603.4	*	365 / 4
=	1309.1					/	603.4	*	365 / 4
=	197.97

INOX Green Energy Services (BOM:543667) Days Sales Outstanding Explanation

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

INOX Green Energy Services Days Sales Outstanding Related Terms

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

INOX Green Energy Services (BOM:543667) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » INOX Green Energy Services Ltd (BOM:543667) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

INOXGREEN:India

Address

Inox Towers, Plot No. 17, Sector-16A, Noida, UP, IND, 201 301

Website

https://www.inoxgreen.com

INOX Green Energy Services Ltd is a wind power operation and maintenance (O&M) service providers within India. It is engaged in the business of providing long-term O&M services for wind projects, specifically the provision of O&M services for wind turbine generators and the common infrastructure facilities.

INOX Green Energy Services (BOM:543667) Headlines

No Headlines