Sangani Hospitals (NSE:SANGANI) Days Sales Outstanding : 66.06 (As of Mar. 2023)

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What is Sangani Hospitals Days Sales Outstanding?

Sangani Hospitals's average Accounts Receivable for the six months ended in Mar. 2023 was ₹28.4 Mil. Sangani Hospitals's Revenue for the six months ended in Mar. 2023 was ₹156.7 Mil. Hence, Sangani Hospitals's Days Sales Outstanding for the six months ended in Mar. 2023 was 33.03.

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

NSE:SANGANI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.52 Med: 33.72 Max: 66.06
Current: 66.06

During the past 4 years, Sangani Hospitals's highest Days Sales Outstanding was 66.06. The lowest was 6.52. And the median was 33.72.

NSE:SANGANI's Days Sales Outstanding is ranked worse than
69.89% of 641 companies
in the Healthcare Providers & Services industry
Industry Median: 46.87 vs NSE:SANGANI: 66.06

Sangani Hospitals's Days Sales Outstanding increased from Mar. 2021 (6.76) to Mar. 2023 (66.06).

Sangani Hospitals Days Sales Outstanding Historical Data

The historical data trend for Sangani Hospitals'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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Sangani Hospitals Days Sales Outstanding Chart

Sangani Hospitals Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

6.52

6.76

60.67

66.06

Sangani Hospitals Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Days Sales Outstanding	6.52	6.76	60.67	66.06

Competitive Comparison of Sangani Hospitals's Days Sales Outstanding

For the Medical Care Facilities subindustry, Sangani Hospitals'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.

Sangani Hospitals's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Sangani Hospitals's Days Sales Outstanding falls into.

Sangani Hospitals 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.

Sangani Hospitals'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
=	( (33.136	+	23.577)	/	2 )	/	156.679	*	365
=	28.3565					/	156.679	*	365
=	66.06

Sangani Hospitals'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
=	( (33.136	+	23.577)	/	2 )	/	156.679	*	365 / 2
=	28.3565					/	156.679	*	365 / 2
=	33.03

Sangani Hospitals (NSE:SANGANI) Days Sales Outstanding Explanation

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

Sangani Hospitals Days Sales Outstanding Related Terms

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Sangani Hospitals (NSE:SANGANI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Sangani Hospitals Ltd (NSE:SANGANI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

Sainath Society, Opp. S. T, Village Keshod, Junagadh, GJ, IND, 362220

Website

https://www.sanganihospitals.com

Sangani Hospitals Ltd is a multi-specialty healthcare provider operating in the Keshod and Veraval regions of Gujarat with a combined bed capacity of 68 beds. Its services predominantly includes super specialty services, specialty services and other support services. It also operates a pathology laboratory and medical store. Currently, It operates out of two hospitals i.e. Sangani Hospital at Keshod, Junagadh, Gujarat and Sangani Super Speciality Hospital, Veraval, Gujarat. Sangani Hospital is 36 beds multi-specialty hospital with primary, secondary and tertiary care facilities.

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