Panama Petrochem (NSE:PANAMAPET) Days Sales Outstanding : 49.98 (As of Mar. 2024)

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What is Panama Petrochem Days Sales Outstanding?

Panama Petrochem's average Accounts Receivable for the three months ended in Mar. 2024 was ₹4,058 Mil. Panama Petrochem's Revenue for the three months ended in Mar. 2024 was ₹7,410 Mil. Hence, Panama Petrochem's Days Sales Outstanding for the three months ended in Mar. 2024 was 49.98.

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

NSE:PANAMAPET' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.08 Med: 72.98 Max: 102.82
Current: 58.55

During the past 13 years, Panama Petrochem's highest Days Sales Outstanding was 102.82. The lowest was 54.08. And the median was 72.98.

NSE:PANAMAPET's Days Sales Outstanding is ranked worse than
59.85% of 934 companies
in the Oil & Gas industry
Industry Median: 49.05 vs NSE:PANAMAPET: 58.55

Panama Petrochem's Days Sales Outstanding declined from Mar. 2023 (62.38) to Mar. 2024 (49.98).

Panama Petrochem Days Sales Outstanding Historical Data

The historical data trend for Panama Petrochem'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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Panama Petrochem Days Sales Outstanding Chart

Panama Petrochem Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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102.82

72.43

54.83

54.08

58.45

Panama Petrochem Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															62.38	60.13	60.28	67.65	49.98

Competitive Comparison of Panama Petrochem's Days Sales Outstanding

For the Oil & Gas Refining & Marketing subindustry, Panama Petrochem'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.

Panama Petrochem's Days Sales Outstanding Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Panama Petrochem's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Panama Petrochem's Days Sales Outstanding falls into.

Panama Petrochem 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.

Panama Petrochem'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
=	( (3489.3	+	4058.1)	/	2 )	/	23567.4	*	365
=	3773.7					/	23567.4	*	365
=	58.45

Panama Petrochem'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	+	4058.1)	/	1 )	/	7409.7	*	365 / 4
=	4058.1					/	7409.7	*	365 / 4
=	49.98

Panama Petrochem (NSE:PANAMAPET) Days Sales Outstanding Explanation

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

Panama Petrochem Days Sales Outstanding Related Terms

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Panama Petrochem (NSE:PANAMAPET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Panama Petrochem Ltd (NSE:PANAMAPET) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

524820:India

Address

24, Turner Road, No. 401, Aza House, Next to Andhra Bank, Bandra (West), Mumbai, MH, IND, 400 050

Website

https://www.panamapetro.com

Panama Petrochem Ltd manufactures and exports petroleum specialty products. Its products are white oil/liquid paraffin oil, petroleum jelly, transformer oil, rubber process oil, industrial oils and greases, drilling fluids, and others. The products are used in inks and resins, printing, textiles, rubber, pharmaceuticals, cosmetics, power, cables, and for other industrial purposes. The geographical segment of the sales is divided into two segments Domestic and Overseas.

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