Kundan Edifice (NSE:KEL) Days Sales Outstanding : 19.59 (As of Mar. 2023)

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What is Kundan Edifice Days Sales Outstanding?

Kundan Edifice's average Accounts Receivable for the six months ended in Mar. 2023 was ₹32.3 Mil. Kundan Edifice's Revenue for the six months ended in Mar. 2023 was ₹602.2 Mil. Hence, Kundan Edifice's Days Sales Outstanding for the six months ended in Mar. 2023 was 9.79.

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

NSE:KEL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.05 Med: 26.88 Max: 34.7
Current: 19.59

During the past 2 years, Kundan Edifice's highest Days Sales Outstanding was 34.70. The lowest was 19.05. And the median was 26.88.

NSE:KEL's Days Sales Outstanding is ranked better than
96.5% of 2460 companies
in the Hardware industry
Industry Median: 74.5 vs NSE:KEL: 19.59

Kundan Edifice's Days Sales Outstanding declined from Mar. 2021 (34.70) to Mar. 2023 (19.59).

Kundan Edifice Days Sales Outstanding Historical Data

The historical data trend for Kundan Edifice'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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Kundan Edifice Days Sales Outstanding Chart

Kundan Edifice Annual Data

Trend

Mar21

Mar22

Days Sales Outstanding

34.70

19.05

Kundan Edifice Semi-Annual Data
	Mar21	Mar22	Mar23
Days Sales Outstanding	34.70	19.05	19.59

Competitive Comparison of Kundan Edifice's Days Sales Outstanding

For the Electronic Components subindustry, Kundan Edifice'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.

Kundan Edifice's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kundan Edifice's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Kundan Edifice's Days Sales Outstanding falls into.

Kundan Edifice 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.

Kundan Edifice's Days Sales Outstanding for the fiscal year that ended in Mar. 2022 is calculated as

	Days Sales Outstanding (A: Mar. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2021 )	+	Accounts Receivable (A: Mar. 2022 ))	/	count )	/	Revenue (A: Mar. 2022 )	*	Days in Period
=	( (14.391	+	19.503)	/	2 )	/	324.725	*	365
=	16.947					/	324.725	*	365
=	19.05

Kundan Edifice's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding (Q: 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
=	( (19.503	+	45.131)	/	2 )	/	602.194	*	365 / 2
=	32.317					/	602.194	*	365 / 2
=	9.79

Kundan Edifice (NSE:KEL) Days Sales Outstanding Explanation

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

Kundan Edifice Days Sales Outstanding Related Terms

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Kundan Edifice (NSE:KEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kundan Edifice Ltd (NSE:KEL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gala A/ B, Ganesh Industrial Estate, behind Burma Shell Petrol Pump, Vasai East, Palghar, MH, IND, 401208

Website

https://www.kundanedifice.com

Kundan Edifice Ltd is a Company engaged in manufacturing, assembly and sale of light emitting diode (LED) strip lights. They provide lighting solutions to some of the key electrical and electronic manufacturing brands in India. The Company has one reportable segment which is business of Manufacture & Selling LED Strip Lights.

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