Lanka Ashok Leyland (COL:ASHO.N0000) Days Sales Outstanding : 61.41 (As of Mar. 2024)

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What is Lanka Ashok Leyland Days Sales Outstanding?

Lanka Ashok Leyland's average Accounts Receivable for the three months ended in Mar. 2024 was රු1,177 Mil. Lanka Ashok Leyland's Revenue for the three months ended in Mar. 2024 was රු1,750 Mil. Hence, Lanka Ashok Leyland's Days Sales Outstanding for the three months ended in Mar. 2024 was 61.41.

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

COL:ASHO.N0000' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.79 Med: 24.23 Max: 83.26
Current: 72.45

During the past 13 years, Lanka Ashok Leyland's highest Days Sales Outstanding was 83.26. The lowest was 14.79. And the median was 24.23.

COL:ASHO.N0000's Days Sales Outstanding is ranked worse than
64.35% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 60.2 vs COL:ASHO.N0000: 72.45

Lanka Ashok Leyland's Days Sales Outstanding declined from Mar. 2023 (115.44) to Mar. 2024 (61.41).

Warning Sign:

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

Lanka Ashok Leyland Days Sales Outstanding Historical Data

The historical data trend for Lanka Ashok Leyland'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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Lanka Ashok Leyland Days Sales Outstanding Chart

Lanka Ashok Leyland Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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20.31

28.15

19.85

83.26

71.09

Lanka Ashok Leyland Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															115.44	166.88	90.76	48.55	61.41

Competitive Comparison of Lanka Ashok Leyland's Days Sales Outstanding

For the Auto Manufacturers subindustry, Lanka Ashok Leyland'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.

Lanka Ashok Leyland's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lanka Ashok Leyland's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Lanka Ashok Leyland's Days Sales Outstanding falls into.

Lanka Ashok Leyland 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.

Lanka Ashok Leyland'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
=	( (943.719	+	1161.347)	/	2 )	/	5404.388	*	365
=	1052.533					/	5404.388	*	365
=	71.09

Lanka Ashok Leyland'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
=	( (1193.543	+	1161.347)	/	2 )	/	1749.566	*	365 / 4
=	1177.445					/	1749.566	*	365 / 4
=	61.41

Lanka Ashok Leyland (COL:ASHO.N0000) Days Sales Outstanding Explanation

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

Lanka Ashok Leyland Days Sales Outstanding Related Terms

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Lanka Ashok Leyland (COL:ASHO.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lanka Ashok Leyland PLC (COL:ASHO.N0000) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Panagoda, Homagama, Colombo, LKA

Website

https://www.lal.lk

Lanka Ashok Leyland PLC is engaged in importing and marketing of Ashok Leyland buses, trucks, truck chassis, spare parts, power generators, and accessories. The company also carries out repairs and restoration of commercial vehicles including body fabrication on goods and passenger chassis. The firm builds the truck body for specific requirements and the building of driver's cabins. Besides, the firm assembles and manufactures Ashok Leyland vehicles with technical assistance from Ashok Leyland. The company solely operates in Sri Lanka.

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