Hindcon Chemicals (NSE:HINDCON) Days Sales Outstanding : 115.75 (As of Sep. 2023)

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What is Hindcon Chemicals Days Sales Outstanding?

Hindcon Chemicals's average Accounts Receivable for the three months ended in Sep. 2023 was ₹246.8 Mil. Hindcon Chemicals's Revenue for the three months ended in Sep. 2023 was ₹194.6 Mil. Hence, Hindcon Chemicals's Days Sales Outstanding for the three months ended in Sep. 2023 was 115.75.

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

NSE:HINDCON' s Days Sales Outstanding Range Over the Past 10 Years
Min: 64.8 Med: 112.51 Max: 160.92
Current: 139.65

During the past 11 years, Hindcon Chemicals's highest Days Sales Outstanding was 160.92. The lowest was 64.80. And the median was 112.51.

NSE:HINDCON's Days Sales Outstanding is ranked worse than
91.96% of 1529 companies
in the Chemicals industry
Industry Median: 64.13 vs NSE:HINDCON: 139.65

Hindcon Chemicals's Days Sales Outstanding increased from Jun. 2022 (114.18) to Sep. 2023 (115.75).

Hindcon Chemicals Days Sales Outstanding Historical Data

The historical data trend for Hindcon 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.

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Hindcon Chemicals Days Sales Outstanding Chart

Hindcon Chemicals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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64.80

112.99

160.92

124.82

112.02

Hindcon Chemicals Quarterly Data
	Mar16	Mar17	Sep17	Mar18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															114.18	125.57	87.84	124.09	115.75

Competitive Comparison of Hindcon Chemicals's Days Sales Outstanding

For the Specialty Chemicals subindustry, Hindcon 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.

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

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

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

Hindcon 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.

Hindcon 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
=	( (263.583	+	261.801)	/	2 )	/	855.943	*	365
=	262.692					/	855.943	*	365
=	112.02

Hindcon Chemicals's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (261.801	+	231.79)	/	2 )	/	194.562	*	365 / 4
=	246.7955					/	194.562	*	365 / 4
=	115.75

Hindcon Chemicals (NSE:HINDCON) Days Sales Outstanding Explanation

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

Hindcon Chemicals Days Sales Outstanding Related Terms

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Hindcon Chemicals (NSE:HINDCON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hindcon Chemicals Ltd (NSE:HINDCON) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

N/A

Address

Vashudha, 62/B, Braunfeld Row, 1st Floor, Kolkata, WB, IND, 700027

Website

https://www.hindcon.com

Hindcon Chemicals Ltd is a manufacturer of chemicals for the construction industry. It is engaged in a single segment of Manufacturing of Sodium Silicate, Construction Chemicals, and allied activities. The company's product portfolio includes Water Proofing Compounds, Concrete and Mortar Admixtures, Concreting Aids, Sodium Silicate, Protective and Waterproofing Coating / Sheeting, Grouts and Repairing Mortars, Shot Crete Aids, Floor Toppings, Sealants, Tile Adhesives, Epoxy Grout and mortar, Foundry Aid, Coating / Impregnation, Remover / Cleaning Compounds, and Expansion and Contraction Joint System among others. It earns the majority of its revenue from India.

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