Committed Cargo Care (NSE:COMMITTED) Days Sales Outstanding : 59.94 (As of Mar. 2024)

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What is Committed Cargo Care Days Sales Outstanding?

Committed Cargo Care's average Accounts Receivable for the six months ended in Mar. 2024 was ₹257 Mil. Committed Cargo Care's Revenue for the six months ended in Mar. 2024 was ₹782 Mil. Hence, Committed Cargo Care's Days Sales Outstanding for the six months ended in Mar. 2024 was 59.94.

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

NSE:COMMITTED' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.97 Med: 62.82 Max: 80.68
Current: 62.84

During the past 5 years, Committed Cargo Care's highest Days Sales Outstanding was 80.68. The lowest was 52.97. And the median was 62.82.

NSE:COMMITTED's Days Sales Outstanding is ranked worse than
70.72% of 963 companies
in the Transportation industry
Industry Median: 46.54 vs NSE:COMMITTED: 62.84

Committed Cargo Care's Days Sales Outstanding declined from Mar. 2023 (65.53) to Mar. 2024 (59.94).

Committed Cargo Care Days Sales Outstanding Historical Data

The historical data trend for Committed Cargo Care'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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Committed Cargo Care Days Sales Outstanding Chart

Committed Cargo Care Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

80.68

61.26

52.97

67.20

62.82

Committed Cargo Care Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial			-	63.21	65.53	66.39	59.94

Competitive Comparison of Committed Cargo Care's Days Sales Outstanding

For the Integrated Freight & Logistics subindustry, Committed Cargo Care'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.

Committed Cargo Care's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Committed Cargo Care's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Committed Cargo Care's Days Sales Outstanding falls into.

Committed Cargo Care 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.

Committed Cargo Care'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
=	( (222.593	+	268.243)	/	2 )	/	1425.983	*	365
=	245.418					/	1425.983	*	365
=	62.82

Committed Cargo Care'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: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (245.657	+	268.243)	/	2 )	/	782.361	*	365 / 2
=	256.95					/	782.361	*	365 / 2
=	59.94

Committed Cargo Care (NSE:COMMITTED) Days Sales Outstanding Explanation

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

Committed Cargo Care Days Sales Outstanding Related Terms

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Committed Cargo Care Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Committed Cargo Care Ltd (NSE:COMMITTED) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road No.4, Street No.8, A-406, Ground Floor, Mahipalpur Extension, New Delhi, IND, 110037

Website

https://www.committedgroup.com

Committed Cargo Care Ltd is a 3PL (third-party Logistic) provider that specializes in handling Import & Export Cargo and provides integrated services to its customers. The Company provides services such as Custom Brokerage, Air Freight, Express Freight, Sea Freight, Document Processing, Multi Modal Facility, 4PL & Supply Chain Management, Packaging & Warehousing and Tracking & Tracing.

Committed Cargo Care Headlines

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