Rite Zone Chemcon India (NSE:RITEZONE) Days Sales Outstanding : 164.04 (As of Sep. 2023)

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What is Rite Zone Chemcon India Days Sales Outstanding?

Rite Zone Chemcon India's average Accounts Receivable for the six months ended in Sep. 2023 was ₹97.1 Mil. Rite Zone Chemcon India's Revenue for the six months ended in Sep. 2023 was ₹108.1 Mil. Hence, Rite Zone Chemcon India's Days Sales Outstanding for the six months ended in Sep. 2023 was 164.04.

The historical rank and industry rank for Rite Zone Chemcon India's Days Sales Outstanding or its related term are showing as below:

NSE:RITEZONE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 147.85 Med: 389.48 Max: 481.9
Current: 155.41

During the past 4 years, Rite Zone Chemcon India's highest Days Sales Outstanding was 481.90. The lowest was 147.85. And the median was 389.48.

NSE:RITEZONE's Days Sales Outstanding is ranked worse than
93.98% of 1527 companies
in the Chemicals industry
Industry Median: 63.99 vs NSE:RITEZONE: 155.41

Rite Zone Chemcon India's Days Sales Outstanding increased from Sep. 2022 (163.23) to Sep. 2023 (164.04).

Rite Zone Chemcon India Days Sales Outstanding Historical Data

The historical data trend for Rite Zone Chemcon India'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.

Rite Zone Chemcon India Days Sales Outstanding Chart

Rite Zone Chemcon India Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

323.25

455.70

481.90

147.85

Rite Zone Chemcon India Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial			-	-	163.23	146.22	164.04

Competitive Comparison of Rite Zone Chemcon India's Days Sales Outstanding

For the Specialty Chemicals subindustry, Rite Zone Chemcon India'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.

Rite Zone Chemcon India's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rite Zone Chemcon India's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Rite Zone Chemcon India's Days Sales Outstanding falls into.

Rite Zone Chemcon India 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.

Rite Zone Chemcon India'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
=	( (86.35	+	95.644)	/	2 )	/	224.645	*	365
=	90.997					/	224.645	*	365
=	147.85

Rite Zone Chemcon India's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (95.644	+	98.619)	/	2 )	/	108.064	*	365 / 2
=	97.1315					/	108.064	*	365 / 2
=	164.04

Rite Zone Chemcon India (NSE:RITEZONE) Days Sales Outstanding Explanation

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

Rite Zone Chemcon India Days Sales Outstanding Related Terms

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Rite Zone Chemcon India (NSE:RITEZONE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rite Zone Chemcon India Ltd (NSE:RITEZONE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Row House 11, Beverly Park, Row House co-operative housing society Ltd, Mira Road, Thane, MH, IND, 401107

Website

http://www.ritezone.in

Rite Zone Chemcon India Ltd deals in a range of construction chemicals and concrete products. The company offers complete construction solutions by supplying a complete range of various chemical products related to civil construction, infrastructure, building and structure including pre-construction or post construction as well as supplying all types of concrete required for construction and infrastructure developments.

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