Ester Industries (BOM:500136) Days Sales Outstanding : 38.70 (As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

What is Ester Industries Days Sales Outstanding?

Ester Industries's average Accounts Receivable for the three months ended in Dec. 2023 was ₹1,135 Mil. Ester Industries's Revenue for the three months ended in Dec. 2023 was ₹2,678 Mil. Hence, Ester Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 38.70.

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

BOM:500136' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.03 Med: 52.33 Max: 59.74
Current: 46.79

During the past 13 years, Ester Industries's highest Days Sales Outstanding was 59.74. The lowest was 43.03. And the median was 52.33.

BOM:500136's Days Sales Outstanding is ranked better than
71.12% of 1527 companies
in the Chemicals industry
Industry Median: 64.12 vs BOM:500136: 46.79

Ester Industries's Days Sales Outstanding declined from Dec. 2022 (71.40) to Dec. 2023 (38.70).

Ester Industries Days Sales Outstanding Historical Data

The historical data trend for Ester 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.

Ester Industries Days Sales Outstanding Chart

Ester Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

48.32

43.03

50.31

56.65

56.51

Ester Industries 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															71.40	46.93	53.68	39.64	38.70

Competitive Comparison of Ester Industries's Days Sales Outstanding

For the Specialty Chemicals subindustry, Ester 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.

Ester Industries's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ester Industries's Days Sales Outstanding distribution charts can be found below:

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

Ester 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.

Ester 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
=	( (1934.604	+	1515.311)	/	2 )	/	11141.368	*	365
=	1724.9575					/	11141.368	*	365
=	56.51

Ester 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
=	( (1135.489	+	0)	/	1 )	/	2677.579	*	365 / 4
=	1135.489					/	2677.579	*	365 / 4
=	38.70

Ester Industries (BOM:500136) Days Sales Outstanding Explanation

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

Ester Industries Days Sales Outstanding Related Terms

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

Ester Industries (BOM:500136) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ester Industries Ltd (BOM:500136) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ESTER:India

Address

Plot No. 11, Block-A, Infocity-I, Sector 34, Gurgaon, HR, IND, 122001

Website

https://www.esterindustries.com

Ester Industries Ltd is engaged in the manufacturing of polyester films, specialty polymers, and engineering plastic compounds. It operates through three segments; Polyester chips and film; Speciality Polymers and Engineering Plastics. The company generates maximum revenue from the Polyester chips and film segment. The Polyester chips and film segment is used in primarily flexible packaging and other industrial applications. It serves food packaging; beverage packaging; home and personal care; industrial packaging; construction; automotive; electrical and electronics, carpet, and other industries. Geographically, it derives a majority of its revenue from India.

Ester Industries (BOM:500136) Headlines

No Headlines