Sunshield Chemicals (BOM:530845) Days Sales Outstanding : 56.10 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Sunshield Chemicals Days Sales Outstanding?

Sunshield Chemicals's average Accounts Receivable for the three months ended in Dec. 2023 was ₹401 Mil. Sunshield Chemicals's Revenue for the three months ended in Dec. 2023 was ₹652 Mil. Hence, Sunshield Chemicals's Days Sales Outstanding for the three months ended in Dec. 2023 was 56.10.

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

BOM:530845' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.35 Med: 56.05 Max: 74.78
Current: 58.95

During the past 13 years, Sunshield Chemicals's highest Days Sales Outstanding was 74.78. The lowest was 45.35. And the median was 56.05.

BOM:530845's Days Sales Outstanding is ranked better than
56.15% of 1528 companies
in the Chemicals industry
Industry Median: 64.105 vs BOM:530845: 58.95

Sunshield Chemicals's Days Sales Outstanding declined from Dec. 2022 (85.25) to Dec. 2023 (56.10).

Sunshield Chemicals Days Sales Outstanding Historical Data

The historical data trend for Sunshield Chemicals'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.

Sunshield Chemicals Days Sales Outstanding Chart

Sunshield Chemicals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

54.28

55.32

52.34

52.38

60.73

Sunshield Chemicals 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															85.25	55.07	54.89	55.43	56.10

Competitive Comparison of Sunshield Chemicals's Days Sales Outstanding

For the Specialty Chemicals subindustry, Sunshield Chemicals'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.

Sunshield Chemicals's Days Sales Outstanding Distribution in the Chemicals Industry

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

* The bar in red indicates where Sunshield Chemicals's Days Sales Outstanding falls into.

Sunshield Chemicals 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.

Sunshield Chemicals'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
=	( (413.443	+	401.1)	/	2 )	/	2447.6	*	365
=	407.2715					/	2447.6	*	365
=	60.73

Sunshield Chemicals'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
=	( (400.8	+	0)	/	1 )	/	651.9	*	365 / 4
=	400.8					/	651.9	*	365 / 4
=	56.10

Sunshield Chemicals (BOM:530845) Days Sales Outstanding Explanation

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

Sunshield Chemicals Days Sales Outstanding Related Terms

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

Sunshield Chemicals (BOM:530845) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sunshield Chemicals Ltd (BOM:530845) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pali-Khopoli Road, Village Rasal, Wave Taluka Sudhagad, District Raigad, Post Pali, Mumbai, MH, IND, 410205

Website

https://www.sunshieldchemicals.com

Sunshield Chemicals Ltd is a company engaged in the manufacture and sale of specialty chemicals in domestic and international markets. Its products are Ethoxylates & Propoxylates, THEIC, HQEE, Antioxidants, and Urea Formaldehyde Resin. Its specialty chemicals are used across a range of industries, such as wire insulation enamel, polyvinyl chloride stabilizers, inks, colors, coatings, textiles, agrochemicals, polymers, plastics, rubber, latex, tire and tubes, conveyor belts, lubricants, additives, and home care. It operates only in one segment namely Specialty Chemicals and generates its revenue from India.

Sunshield Chemicals (BOM:530845) Headlines

No Headlines