Arvee Laboratories (India) (NSE:ARVEE) Days Sales Outstanding : 58.65 (As of Dec. 2023)

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What is Arvee Laboratories (India) Days Sales Outstanding?

Arvee Laboratories (India)'s average Accounts Receivable for the three months ended in Dec. 2023 was ₹49.5 Mil. Arvee Laboratories (India)'s Revenue for the three months ended in Dec. 2023 was ₹77.0 Mil. Hence, Arvee Laboratories (India)'s Days Sales Outstanding for the three months ended in Dec. 2023 was 58.65.

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

NSE:ARVEE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.09 Med: 69.78 Max: 146.55
Current: 146.55

During the past 11 years, Arvee Laboratories (India)'s highest Days Sales Outstanding was 146.55. The lowest was 52.09. And the median was 69.78.

NSE:ARVEE's Days Sales Outstanding is ranked worse than
93.06% of 1527 companies
in the Chemicals industry
Industry Median: 64.12 vs NSE:ARVEE: 146.55

Arvee Laboratories (India)'s Days Sales Outstanding declined from Dec. 2022 (94.86) to Dec. 2023 (58.65).

Warning Sign:

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

Arvee Laboratories (India) Days Sales Outstanding Historical Data

The historical data trend for Arvee Laboratories (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.

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Arvee Laboratories (India) Days Sales Outstanding Chart

Arvee Laboratories (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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79.15

58.73

55.73

92.00

72.63

Arvee Laboratories (India) Quarterly Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															94.86	272.31	147.29	50.65	58.65

Competitive Comparison of Arvee Laboratories (India)'s Days Sales Outstanding

For the Specialty Chemicals subindustry, Arvee Laboratories (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.

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

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

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

Arvee Laboratories (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.

Arvee Laboratories (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
=	( (121.264	+	122.613)	/	2 )	/	612.765	*	365
=	121.9385					/	612.765	*	365
=	72.63

Arvee Laboratories (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
=	( (49.459	+	0)	/	1 )	/	76.954	*	365 / 4
=	49.459					/	76.954	*	365 / 4
=	58.65

Arvee Laboratories (India) (NSE:ARVEE) Days Sales Outstanding Explanation

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

Arvee Laboratories (India) Days Sales Outstanding Related Terms

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Arvee Laboratories (India) (NSE:ARVEE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Arvee Laboratories (India) Ltd (NSE:ARVEE) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

403, Iskcon Bopal Road, Entice, Near Jayantilal Park BRTS, Ambli, Ahmedabad, GJ, IND, 380058

Website

http://www.arveelabs.com

Arvee Laboratories (India) Ltd is an India based specialty chemicals company. The company products include Polymer Modifiers, such as dimethyl 5-sodiosulfoisophthalate, 5-sulfoisophthalic acid mono sodium salt, and others, Contrast Media Intermediates such as Dimethyl 5-Aminoisophthalate, 3,5-Diamino Benzoic Acid, 5-Nitroisophthalic acid and others; and Drug Intermediates like 2-Acetyl Thiophene, Thiophene-2-Carboxaldehyde and others. Geographically, the company principally operates in India.

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