Varun Beverages (NSE:VBL) Days Sales Outstanding : 14.60 (As of Dec. 2023)

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What is Varun Beverages Days Sales Outstanding?

Varun Beverages's average Accounts Receivable for the three months ended in Dec. 2023 was ₹3,594 Mil. Varun Beverages's Revenue for the three months ended in Dec. 2023 was ₹22,469 Mil. Hence, Varun Beverages's Days Sales Outstanding for the three months ended in Dec. 2023 was 14.60.

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

NSE:VBL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.35 Med: 9.95 Max: 15.63
Current: 9.83

During the past 9 years, Varun Beverages's highest Days Sales Outstanding was 15.63. The lowest was 7.35. And the median was 9.95.

NSE:VBL's Days Sales Outstanding is ranked better than
93.58% of 109 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 42.81 vs NSE:VBL: 9.83

Varun Beverages's Days Sales Outstanding increased from Dec. 2022 (12.34) to Dec. 2023 (14.60).

Varun Beverages Days Sales Outstanding Historical Data

The historical data trend for Varun Beverages'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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Varun Beverages Days Sales Outstanding Chart

Varun Beverages Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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7.69

11.72

9.78

7.35

7.70

Varun Beverages Quarterly Data
	Mar19	Jun19	Sep19	Dec19	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															12.34	7.02	9.82	14.23	14.60

Competitive Comparison of Varun Beverages's Days Sales Outstanding

For the Beverages - Non-Alcoholic subindustry, Varun Beverages'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.

Varun Beverages's Days Sales Outstanding Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Varun Beverages's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Varun Beverages's Days Sales Outstanding falls into.

Varun Beverages 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.

Varun Beverages's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (2993.38	+	3593.85)	/	2 )	/	156217.42	*	365
=	3293.615					/	156217.42	*	365
=	7.70

Varun Beverages'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
=	( (0	+	3593.85)	/	1 )	/	22468.5	*	365 / 4
=	3593.85					/	22468.5	*	365 / 4
=	14.60

Varun Beverages (NSE:VBL) Days Sales Outstanding Explanation

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

Varun Beverages Days Sales Outstanding Related Terms

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Varun Beverages (NSE:VBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Varun Beverages Ltd (NSE:VBL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

540180:India

Address

Plot No. 31, Institutional Area, Sector - 44, RJ Corp House, Gurugram, HR, IND, 122 002

Website

https://www.varunpepsi.com

Varun Beverages Ltd is engaged in manufacturing, selling, bottling, and distribution of beverages of Pepsi brand in geographically pre-defined territories of India, Sri Lanka, Nepal, Zambia, Morocco, and Zimbabwe. Its brands include Seven-Up, Mountain Dew, Mirinda, Nimbooz, Tropicana Slice, and other related products. The firm generates a majority of its revenue within India.

Varun Beverages (NSE:VBL) Headlines

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