Poly Medicure (NSE:POLYMED) Days Sales Outstanding : 65.15 (As of Mar. 2024)

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What is Poly Medicure Days Sales Outstanding?

Poly Medicure's average Accounts Receivable for the three months ended in Mar. 2024 was ₹2,699 Mil. Poly Medicure's Revenue for the three months ended in Mar. 2024 was ₹3,781 Mil. Hence, Poly Medicure's Days Sales Outstanding for the three months ended in Mar. 2024 was 65.15.

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

NSE:POLYMED' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.62 Med: 70.91 Max: 74.85
Current: 67.02

During the past 13 years, Poly Medicure's highest Days Sales Outstanding was 74.85. The lowest was 51.62. And the median was 70.91.

NSE:POLYMED's Days Sales Outstanding is ranked worse than
51.6% of 812 companies
in the Medical Devices & Instruments industry
Industry Median: 64.325 vs NSE:POLYMED: 67.02

Poly Medicure's Days Sales Outstanding declined from Mar. 2023 (70.01) to Mar. 2024 (65.15).

Poly Medicure Days Sales Outstanding Historical Data

The historical data trend for Poly Medicure'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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Poly Medicure Days Sales Outstanding Chart

Poly Medicure Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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69.67

66.63

72.15

72.34

67.04

Poly Medicure 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															70.01	66.96	68.30	67.83	65.15

Competitive Comparison of Poly Medicure's Days Sales Outstanding

For the Medical Instruments & Supplies subindustry, Poly Medicure'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.

Poly Medicure's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Poly Medicure's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Poly Medicure's Days Sales Outstanding falls into.

Poly Medicure 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.

Poly Medicure'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
=	( (2354.32	+	2699.388)	/	2 )	/	13757.963	*	365
=	2526.854					/	13757.963	*	365
=	67.04

Poly Medicure'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	+	2699.388)	/	1 )	/	3780.742	*	365 / 4
=	2699.388					/	3780.742	*	365 / 4
=	65.15

Poly Medicure (NSE:POLYMED) Days Sales Outstanding Explanation

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

Poly Medicure Days Sales Outstanding Related Terms

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Poly Medicure (NSE:POLYMED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Poly Medicure Ltd (NSE:POLYMED) » Definitions » Days Sales Outstanding

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531768:India

Address

Okhla Industrial Estate, 232-B, 3rd Floor, Phase III, New Delhi, IND, 110020

Website

https://www.polymedicure.com

Poly Medicure Ltd engages in the manufacturing and sale of medical devices. It offers disposable medical devices for infusion therapy, blood management, gastroenterology, surgery and wound drainage, anesthesia, and urology. Some of its products include Ventilator Circuit Combo Kits, Bain Circuits, Safety Introducer Needles, High-Pressure Vaccum Bottle-Triplet, Catheters, and others. Geographically, it derives a majority of its revenue from exports. The company operates under one segment namely Medical Devices.

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