APL Apollo Tubes (NSE:APLAPOLLO) Days Sales Outstanding : 2.78 (As of Mar. 2024)

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What is APL Apollo Tubes Days Sales Outstanding?

APL Apollo Tubes's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1,391 Mil. APL Apollo Tubes's Revenue for the three months ended in Mar. 2024 was ₹45,677 Mil. Hence, APL Apollo Tubes's Days Sales Outstanding for the three months ended in Mar. 2024 was 2.78.

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

NSE:APLAPOLLO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.88 Med: 20.95 Max: 25.82
Current: 2.93

During the past 13 years, APL Apollo Tubes's highest Days Sales Outstanding was 25.82. The lowest was 2.88. And the median was 20.95.

NSE:APLAPOLLO's Days Sales Outstanding is ranked better than
97.32% of 596 companies
in the Steel industry
Industry Median: 49.815 vs NSE:APLAPOLLO: 2.93

APL Apollo Tubes's Days Sales Outstanding declined from Mar. 2023 (2.92) to Mar. 2024 (2.78).

APL Apollo Tubes Days Sales Outstanding Historical Data

The historical data trend for APL Apollo Tubes'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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APL Apollo Tubes Days Sales Outstanding Chart

APL Apollo Tubes Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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25.06

13.48

6.83

5.58

2.88

APL Apollo Tubes 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															2.92	2.85	2.94	3.26	2.78

Competitive Comparison of APL Apollo Tubes's Days Sales Outstanding

For the Steel subindustry, APL Apollo Tubes'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.

APL Apollo Tubes's Days Sales Outstanding Distribution in the Steel Industry

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

* The bar in red indicates where APL Apollo Tubes's Days Sales Outstanding falls into.

APL Apollo Tubes 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.

APL Apollo Tubes'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
=	( (1374.4	+	1390.8)	/	2 )	/	175068.9	*	365
=	1382.6					/	175068.9	*	365
=	2.88

APL Apollo Tubes'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	+	1390.8)	/	1 )	/	45676.8	*	365 / 4
=	1390.8					/	45676.8	*	365 / 4
=	2.78

APL Apollo Tubes (NSE:APLAPOLLO) Days Sales Outstanding Explanation

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

APL Apollo Tubes Days Sales Outstanding Related Terms

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APL Apollo Tubes (NSE:APLAPOLLO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » APL Apollo Tubes Ltd (NSE:APLAPOLLO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

533758:India

Address

36, Kaushambi, Near Anand Vihar Terminal, Ghaziabad, UP, IND, 201010

Website

https://www.aplapollo.com

APL Apollo Tubes Ltd is a steel pipe and tubes manufacturer. Its product portfolio consists of MS Black pipes, Galvanized Tubes, Pre-Galvanized Tubes, and Hollow sections used for structural application household structural applications, solar plants, agriculture structures, engineering, and greenhouses. It operates in a single segment that is the production of ERW steel tubes. Geographically, It operates only in India.

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