Avonmore Capital & Management Services (NSE:AVONMORE) Days Sales Outstanding : 121.41 (As of Mar. 2024)

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What is Avonmore Capital & Management Services Days Sales Outstanding?

Avonmore Capital & Management Services's average Accounts Receivable for the three months ended in Mar. 2024 was ₹686 Mil. Avonmore Capital & Management Services's Revenue for the three months ended in Mar. 2024 was ₹516 Mil. Hence, Avonmore Capital & Management Services's Days Sales Outstanding for the three months ended in Mar. 2024 was 121.41.

The historical rank and industry rank for Avonmore Capital & Management Services's Days Sales Outstanding or its related term are showing as below:

NSE:AVONMORE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.61 Med: 139.54 Max: 176.15
Current: 136.38

During the past 13 years, Avonmore Capital & Management Services's highest Days Sales Outstanding was 176.15. The lowest was 0.61. And the median was 139.54.

NSE:AVONMORE's Days Sales Outstanding is ranked worse than
66.97% of 557 companies
in the Capital Markets industry
Industry Median: 63.81 vs NSE:AVONMORE: 136.38

Avonmore Capital & Management Services's Days Sales Outstanding declined from Mar. 2023 (132.88) to Mar. 2024 (121.41).

Avonmore Capital & Management Services Days Sales Outstanding Historical Data

The historical data trend for Avonmore Capital & Management 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.

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Avonmore Capital & Management Services Days Sales Outstanding Chart

Avonmore Capital & Management Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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173.00

176.15

161.91

65.30

158.05

Avonmore Capital & Management Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															132.88	179.94	125.95	97.87	121.41

Competitive Comparison of Avonmore Capital & Management Services's Days Sales Outstanding

For the Capital Markets subindustry, Avonmore Capital & Management 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.

Avonmore Capital & Management Services's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Avonmore Capital & Management Services's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Avonmore Capital & Management Services's Days Sales Outstanding falls into.

Avonmore Capital & Management 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.

Avonmore Capital & Management 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
=	( (363.026	+	686.4)	/	2 )	/	1211.8	*	365
=	524.713					/	1211.8	*	365
=	158.05

Avonmore Capital & Management 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	+	686.4)	/	1 )	/	515.9	*	365 / 4
=	686.4					/	515.9	*	365 / 4
=	121.41

Avonmore Capital & Management Services (NSE:AVONMORE) Days Sales Outstanding Explanation

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

Avonmore Capital & Management Services Days Sales Outstanding Related Terms

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Avonmore Capital & Management Services (NSE:AVONMORE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Avonmore Capital & Management Services Ltd (NSE:AVONMORE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

511589:India

Address

F-33/3, Okhla Industrial Area, Phase-II, New Delhi, IND, 110 020

Website

https://www.avonmorecapital.in/

Avonmore Capital & Management Services Ltd is a non-banking financial institution. The company's business segments are debt and equity market operations which comprise trading in securities and bonds; consultancy and advisory fees comprise merchant banking, underwriting commission, corporate and infrastructure advisory, and loan syndication fees and arranger of debts; investment activities comprise profit on the sale of an investment; finance activities comprise granting of loans; wealth advisory/broking activities; healthcare activities comprises to establish, administer, own and run the eye care hospitals. Wealth / Broking activities comprises commodity broking on various commodity exchanges in the country, stock and share broking on National Stock Exchange of India Limited.

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