AksharChem (India) (BOM:524598) Days Sales Outstanding : 58.06 (As of Dec. 2023)

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What is AksharChem (India) Days Sales Outstanding?

AksharChem (India)'s average Accounts Receivable for the three months ended in Dec. 2023 was ₹479 Mil. AksharChem (India)'s Revenue for the three months ended in Dec. 2023 was ₹753 Mil. Hence, AksharChem (India)'s Days Sales Outstanding for the three months ended in Dec. 2023 was 58.06.

The historical rank and industry rank for AksharChem (India)'s Days Sales Outstanding or its related term are showing as below:

BOM:524598' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.29 Med: 37.25 Max: 59.48
Current: 59.48

During the past 13 years, AksharChem (India)'s highest Days Sales Outstanding was 59.48. The lowest was 22.29. And the median was 37.25.

BOM:524598's Days Sales Outstanding is ranked better than
54.94% of 1527 companies
in the Chemicals industry
Industry Median: 64.16 vs BOM:524598: 59.48

AksharChem (India)'s Days Sales Outstanding declined from Dec. 2022 (70.78) to Dec. 2023 (58.06).

AksharChem (India) Days Sales Outstanding Historical Data

The historical data trend for AksharChem (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.

AksharChem (India) Days Sales Outstanding Chart

AksharChem (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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37.53

47.62

44.51

40.21

50.09

AksharChem (India) 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															70.78	60.35	46.03	59.63	58.06

Competitive Comparison of AksharChem (India)'s Days Sales Outstanding

For the Specialty Chemicals subindustry, AksharChem (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.

AksharChem (India)'s Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, AksharChem (India)'s Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where AksharChem (India)'s Days Sales Outstanding falls into.

AksharChem (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.

AksharChem (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
=	( (529.317	+	361.569)	/	2 )	/	3246.087	*	365
=	445.443					/	3246.087	*	365
=	50.09

AksharChem (India)'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
=	( (478.98	+	0)	/	1 )	/	752.845	*	365 / 4
=	478.98					/	752.845	*	365 / 4
=	58.06

AksharChem (India) (BOM:524598) Days Sales Outstanding Explanation

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

AksharChem (India) Days Sales Outstanding Related Terms

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AksharChem (India) (BOM:524598) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » AksharChem (India) Ltd (BOM:524598) » Definitions » Days Sales Outstanding

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AKSHARCHEM:India

Address

Corporate House No. 8, Arista at 8, Behind Rajpath Club, Bodakdev, Ahmedabad, GJ, IND, 380 054

Website

https://www.aksharchemindia.com

AksharChem (India) Ltd is an organic chemical manufacturing company. Its product offerings fall into two categories organic chemicals and inorganic chemicals, which further diversified into Vinyl Sulphone, H Acid, CPC Green in organic chemicals, and Precipitated Silica in inorganic chemicals. The company operates into a single segment which is the chemical business. The company has a presence in India, North America, Europe, the Middle East, Africa, South America, and Asia Pacific. It derives key revenue from Exporting the products.

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