Synergy Green Industries (NSE:SGIL) Days Sales Outstanding : 37.09 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Synergy Green Industries Days Sales Outstanding?

Synergy Green Industries's average Accounts Receivable for the three months ended in Dec. 2023 was ₹359 Mil. Synergy Green Industries's Revenue for the three months ended in Dec. 2023 was ₹882 Mil. Hence, Synergy Green Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 37.09.

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

NSE:SGIL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.73 Med: 55.27 Max: 84.63
Current: 36.52

During the past 10 years, Synergy Green Industries's highest Days Sales Outstanding was 84.63. The lowest was 34.73. And the median was 55.27.

NSE:SGIL's Days Sales Outstanding is ranked better than
91.79% of 2959 companies
in the Industrial Products industry
Industry Median: 79.62 vs NSE:SGIL: 36.52

Synergy Green Industries's Days Sales Outstanding declined from Dec. 2022 (53.52) to Dec. 2023 (37.09).

Synergy Green Industries Days Sales Outstanding Historical Data

The historical data trend for Synergy Green 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.

* Premium members only.

Synergy Green Industries Days Sales Outstanding Chart

Synergy Green Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

53.31

40.74

43.08

40.64

34.73

Synergy Green Industries Quarterly Data
	Mar18	Sep18	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															53.52	24.71	24.03	45.47	37.09

Competitive Comparison of Synergy Green Industries's Days Sales Outstanding

For the Metal Fabrication subindustry, Synergy Green 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.

Synergy Green Industries's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Synergy Green Industries's Days Sales Outstanding distribution charts can be found below:

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

Synergy Green 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.

Synergy Green 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
=	( (323.681	+	220.749)	/	2 )	/	2860.611	*	365
=	272.215					/	2860.611	*	365
=	34.73

Synergy Green 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
=	( (358.564	+	0)	/	1 )	/	882.17	*	365 / 4
=	358.564					/	882.17	*	365 / 4
=	37.09

Synergy Green Industries (NSE:SGIL) Days Sales Outstanding Explanation

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

Synergy Green Industries Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Synergy Green Industries's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Synergy Green Industries (NSE:SGIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Synergy Green Industries Ltd (NSE:SGIL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

541929:India

Address

392, E Ward, Assembly Road, Shahupuri Post Box No. 201, Kolhapur, MH, IND, 416001

Website

https://www.synergygreenind.com

Synergy Green Industries Ltd is engaged in the business of foundry i.e. manufacturing of wind turbine casting and other large precision castings. The company generates maximum revenue from the sale of Windmill Castings. Products offered by the company include gearbox housing, hub, front wheel, main foundation, base frame, main axle, hollow shaft, DV- casing, diffuser, rear wheel, wedge, cannon tube, and others.

Synergy Green Industries (NSE:SGIL) Headlines

No Headlines