Hindalco Industries (NSE:HINDALCO) Days Sales Outstanding : 28.73 (As of Dec. 2023)

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What is Hindalco Industries Days Sales Outstanding?

Hindalco Industries's average Accounts Receivable for the three months ended in Dec. 2023 was ₹166,280 Mil. Hindalco Industries's Revenue for the three months ended in Dec. 2023 was ₹528,080 Mil. Hence, Hindalco Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 28.73.

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

NSE:HINDALCO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.05 Med: 31.52 Max: 38.05
Current: 29.81

During the past 13 years, Hindalco Industries's highest Days Sales Outstanding was 38.05. The lowest was 29.05. And the median was 31.52.

NSE:HINDALCO's Days Sales Outstanding is ranked better than
59.97% of 787 companies
in the Metals & Mining industry
Industry Median: 42.77 vs NSE:HINDALCO: 29.81

Hindalco Industries's Days Sales Outstanding declined from Dec. 2022 (33.86) to Dec. 2023 (28.73).

Hindalco Industries Days Sales Outstanding Historical Data

The historical data trend for Hindalco Industries'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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Hindalco Industries Days Sales Outstanding Chart

Hindalco Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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30.06

32.30

31.07

32.04

30.66

Hindalco Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															33.86	27.10	27.92	28.01	28.73

Competitive Comparison of Hindalco Industries's Days Sales Outstanding

For the Aluminum subindustry, Hindalco Industries'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.

Hindalco Industries's Days Sales Outstanding Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hindalco Industries's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hindalco Industries's Days Sales Outstanding falls into.

Hindalco Industries 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.

Hindalco Industries'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
=	( (210760	+	162140)	/	2 )	/	2219370	*	365
=	186450					/	2219370	*	365
=	30.66

Hindalco Industries'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
=	( (166280	+	0)	/	1 )	/	528080	*	365 / 4
=	166280					/	528080	*	365 / 4
=	28.73

Hindalco Industries (NSE:HINDALCO) Days Sales Outstanding Explanation

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

Hindalco Industries Days Sales Outstanding Related Terms

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Hindalco Industries (NSE:HINDALCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hindalco Industries Ltd (NSE:HINDALCO) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

500440:India

Address

Pandurang Budhkar Road, Birla Centurion, 6th & 7th Floor, Worli, Mumbai, MH, IND, 400030

Website

https://www.hindalco.com

Hindalco Industries Ltd extracts raw materials and produces and sells industrial metals in the below segments: Copper, Aluminum Upstream and Aluminium Downstream, Novelis, and all other Segment. The Copper segment purchases raw materials and produces continuous cast copper rods, copper cathodes, sulphuric acid, gold, and silver. The firm hedges its copper and other precious metals costs through futures contracts in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. The Aluminum segment mines bauxite and produces hydrate and alumina, aluminum, and aluminum-based products. The majority of Hindalco's revenue comes from India. The firm is also expanding internationally with sales and operations worldwide.

Hindalco Industries (NSE:HINDALCO) Headlines

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