Prima Plastics (BOM:530589) Days Sales Outstanding : 61.96 (As of Mar. 2024)

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What is Prima Plastics Days Sales Outstanding?

Prima Plastics's average Accounts Receivable for the three months ended in Mar. 2024 was ₹344 Mil. Prima Plastics's Revenue for the three months ended in Mar. 2024 was ₹507 Mil. Hence, Prima Plastics's Days Sales Outstanding for the three months ended in Mar. 2024 was 61.96.

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

BOM:530589' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.43 Med: 70.57 Max: 85.93
Current: 85.93

During the past 13 years, Prima Plastics's highest Days Sales Outstanding was 85.93. The lowest was 49.43. And the median was 70.57.

BOM:530589's Days Sales Outstanding is ranked worse than
81.58% of 418 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.31 vs BOM:530589: 85.93

Prima Plastics's Days Sales Outstanding increased from Dec. 2022 (59.35) to Mar. 2024 (61.96).

Prima Plastics Days Sales Outstanding Historical Data

The historical data trend for Prima Plastics'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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Prima Plastics Days Sales Outstanding Chart

Prima Plastics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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75.22

71.90

80.49

72.29

67.81

Prima Plastics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															59.35	56.99	65.42	65.17	61.96

Competitive Comparison of Prima Plastics's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Prima Plastics'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.

Prima Plastics's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Prima Plastics's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Prima Plastics's Days Sales Outstanding falls into.

Prima Plastics 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.

Prima Plastics's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (339.716	+	344.435)	/	2 )	/	1841.417	*	365
=	342.0755					/	1841.417	*	365
=	67.81

Prima Plastics's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0	+	344.435)	/	1 )	/	507.265	*	365 / 4
=	344.435					/	507.265	*	365 / 4
=	61.96

Prima Plastics (BOM:530589) Days Sales Outstanding Explanation

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

Prima Plastics Days Sales Outstanding Related Terms

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Prima Plastics (BOM:530589) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Prima Plastics Ltd (BOM:530589) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Saki-Vihar Road, No. 41, National House, Opposite Ansa A Building, Powai, Andheri (East), Mumbai, MH, IND, 400072

Website

https://www.primaplastics.com

Prima Plastics Ltd is an India-based company that which designs and manufactures plastic molded furniture from chairs, baby chairs, dining tables, stools, and teapoys in various colors. The company's products are used by the hotel, restaurant, household, swimming, and garden industry. Their products are exported to America, the Middle East, and Africa. Domestic sales generate the majority of the revenue for the company.

Prima Plastics (BOM:530589) Headlines

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