Max Healthcare Institute (NSE:MAXHEALTH) Days Sales Outstanding : 29.67 (As of Mar. 2024)

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What is Max Healthcare Institute Days Sales Outstanding?

Max Healthcare Institute's average Accounts Receivable for the three months ended in Mar. 2024 was ₹4,627 Mil. Max Healthcare Institute's Revenue for the three months ended in Mar. 2024 was ₹14,229 Mil. Hence, Max Healthcare Institute's Days Sales Outstanding for the three months ended in Mar. 2024 was 29.67.

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

NSE:MAXHEALTH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.97 Med: 52.54 Max: 81.04
Current: 27.66

During the past 10 years, Max Healthcare Institute's highest Days Sales Outstanding was 81.04. The lowest was 26.97. And the median was 52.54.

NSE:MAXHEALTH's Days Sales Outstanding is ranked better than
74.26% of 641 companies
in the Healthcare Providers & Services industry
Industry Median: 46.87 vs NSE:MAXHEALTH: 27.66

Max Healthcare Institute's Days Sales Outstanding increased from Mar. 2023 (25.25) to Mar. 2024 (29.67).

Max Healthcare Institute Days Sales Outstanding Historical Data

The historical data trend for Max Healthcare Institute'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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Max Healthcare Institute Days Sales Outstanding Chart

Max Healthcare Institute Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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81.04

33.96

35.31

28.86

26.97

Max Healthcare Institute Quarterly Data
	Mar19	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															25.25	23.87	28.81	29.42	29.67

Competitive Comparison of Max Healthcare Institute's Days Sales Outstanding

For the Medical Care Facilities subindustry, Max Healthcare Institute'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.

Max Healthcare Institute's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Max Healthcare Institute's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Max Healthcare Institute's Days Sales Outstanding falls into.

Max Healthcare Institute 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.

Max Healthcare Institute'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
=	( (3361.2	+	4626.9)	/	2 )	/	54060.2	*	365
=	3994.05					/	54060.2	*	365
=	26.97

Max Healthcare Institute'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	+	4626.9)	/	1 )	/	14229	*	365 / 4
=	4626.9					/	14229	*	365 / 4
=	29.67

Max Healthcare Institute (NSE:MAXHEALTH) Days Sales Outstanding Explanation

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

Max Healthcare Institute Days Sales Outstanding Related Terms

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Max Healthcare Institute (NSE:MAXHEALTH) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Max Healthcare Institute Ltd (NSE:MAXHEALTH) » Definitions » Days Sales Outstanding

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543220:India

Address

Capital Cyberscape, Sector-59, 2nd Floor, Gurugram, HR, IND, 122011

Website

https://www.maxhealthcare.in

Max Healthcare Institute Ltd is a health care service provider. The company's facilities include third party healthcare providers with whom the company has entered long term service contracts for providing clinical, radiology, and pathology services. Its hospitals provide the full range of services through its Outpatient, Day Care, Emergency Room, and In-Patient departments to accommodate medical specialties as orthopedics, internal medicine, general surgery, cardiac sciences, oncology, neurosciences, and obstetrics, as well as diagnostics. The group primarily derives revenue from India.

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