Rajnandini Metal (NSE:RAJMET) Days Sales Outstanding : 15.16 (As of Dec. 2023)

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What is Rajnandini Metal Days Sales Outstanding?

Rajnandini Metal's average Accounts Receivable for the three months ended in Dec. 2023 was ₹495 Mil. Rajnandini Metal's Revenue for the three months ended in Dec. 2023 was ₹2,977 Mil. Hence, Rajnandini Metal's Days Sales Outstanding for the three months ended in Dec. 2023 was 15.16.

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

NSE:RAJMET' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.9 Med: 60.86 Max: 94.53
Current: 9.9

During the past 11 years, Rajnandini Metal's highest Days Sales Outstanding was 94.53. The lowest was 9.90. And the median was 60.86.

NSE:RAJMET's Days Sales Outstanding is ranked better than
82.11% of 788 companies
in the Metals & Mining industry
Industry Median: 42.45 vs NSE:RAJMET: 9.90

Rajnandini Metal's Days Sales Outstanding increased from Dec. 2022 (6.48) to Dec. 2023 (15.16).

Rajnandini Metal Days Sales Outstanding Historical Data

The historical data trend for Rajnandini Metal'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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Rajnandini Metal Days Sales Outstanding Chart

Rajnandini Metal Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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60.04

16.27

12.02

11.16

Rajnandini Metal Quarterly Data
	Mar17	Mar18	Mar19	Sep19	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															6.48	8.96	11.31	13.55	15.16

Competitive Comparison of Rajnandini Metal's Days Sales Outstanding

For the Copper subindustry, Rajnandini Metal'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.

Rajnandini Metal's Days Sales Outstanding Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Rajnandini Metal's Days Sales Outstanding falls into.

Rajnandini Metal 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.

Rajnandini Metal'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
=	( (299.6	+	329.5)	/	2 )	/	10288.8	*	365
=	314.55					/	10288.8	*	365
=	11.16

Rajnandini Metal'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
=	( (494.6	+	0)	/	1 )	/	2976.7	*	365 / 4
=	494.6					/	2976.7	*	365 / 4
=	15.16

Rajnandini Metal (NSE:RAJMET) Days Sales Outstanding Explanation

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

Rajnandini Metal Days Sales Outstanding Related Terms

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Rajnandini Metal (NSE:RAJMET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rajnandini Metal Ltd (NSE:RAJMET) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

Plot No. 344, Sector - 3, Phase - II, IMT Bawal, Rewari, Bawal, HR, IND, 123501

Website

https://www.rajnandinimetal.com

Rajnandini Metal Ltd is an India-based company mainly y engaged in the business of manufacturing, trading or otherwise deal in high-grade Copper Continuous Casting Rods and copper wires. Its Products offeres Copper Rod Annealed Bare Copper Wire, Fine Copper Wire, Bunched Copper Wire, and Submersible Wires & Flat Cables.

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