Responsive Industries (BOM:505509) Days Sales Outstanding : 161.22 (As of Dec. 2023)

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What is Responsive Industries Days Sales Outstanding?

Responsive Industries's average Accounts Receivable for the three months ended in Dec. 2023 was ₹4,722 Mil. Responsive Industries's Revenue for the three months ended in Dec. 2023 was ₹2,673 Mil. Hence, Responsive Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 161.22.

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

BOM:505509' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.25 Med: 83.95 Max: 131.77
Current: 131.41

During the past 13 years, Responsive Industries's highest Days Sales Outstanding was 131.77. The lowest was 37.25. And the median was 83.95.

BOM:505509's Days Sales Outstanding is ranked worse than
90.7% of 1527 companies
in the Chemicals industry
Industry Median: 64.12 vs BOM:505509: 131.41

Responsive Industries's Days Sales Outstanding increased from Dec. 2022 (106.68) to Dec. 2023 (161.22).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Responsive Industries Days Sales Outstanding Historical Data

The historical data trend for Responsive 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.

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Responsive Industries Days Sales Outstanding Chart

Responsive Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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131.77

130.48

92.92

72.78

115.00

Responsive 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															106.68	130.07	117.31	160.58	161.22

Competitive Comparison of Responsive Industries's Days Sales Outstanding

For the Specialty Chemicals subindustry, Responsive 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.

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

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

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

Responsive 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.

Responsive 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
=	( (2753.49	+	3383.29)	/	2 )	/	9738.59	*	365
=	3068.39					/	9738.59	*	365
=	115.00

Responsive 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
=	( (4722.174	+	0)	/	1 )	/	2672.726	*	365 / 4
=	4722.174					/	2672.726	*	365 / 4
=	161.22

Responsive Industries (BOM:505509) Days Sales Outstanding Explanation

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

Responsive Industries Days Sales Outstanding Related Terms

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Responsive Industries (BOM:505509) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Responsive Industries Ltd (BOM:505509) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

RESPONIND:India

Address

Mahagaon Road, Village Betegaon, Taluka Palghar, Boisar (East), Thane, MH, IND, 401501

Website

https://www.responsiveindustries.com

Responsive Industries Ltd is a manufacturer and supplier of polyvinyl chloride (PVC)-based products. Its product categories include Vinyl flooring, Rigid PVC, Leather Cloth, and Soft Sheetings. Geographically, it derives a majority of revenue from Outside India. It serves Healthcare; Safety and Transport; Education; Sports; Retail and Offices; Hospitality and other industries.

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