Akzo Nobel India (NSE:AKZOINDIA) Days Sales Outstanding : 49.92 (As of Dec. 2023)

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What is Akzo Nobel India Days Sales Outstanding?

Akzo Nobel India's average Accounts Receivable for the three months ended in Dec. 2023 was ₹5,650 Mil. Akzo Nobel India's Revenue for the three months ended in Dec. 2023 was ₹10,327 Mil. Hence, Akzo Nobel India's Days Sales Outstanding for the three months ended in Dec. 2023 was 49.92.

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

NSE:AKZOINDIA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.87 Med: 53.12 Max: 61.61
Current: 52.09

During the past 13 years, Akzo Nobel India's highest Days Sales Outstanding was 61.61. The lowest was 0.87. And the median was 53.12.

NSE:AKZOINDIA's Days Sales Outstanding is ranked better than
64.29% of 1526 companies
in the Chemicals industry
Industry Median: 63.525 vs NSE:AKZOINDIA: 52.09

Akzo Nobel India's Days Sales Outstanding declined from Dec. 2022 (51.64) to Dec. 2023 (49.92).

Akzo Nobel India Days Sales Outstanding Historical Data

The historical data trend for Akzo Nobel 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.

* Premium members only.

Akzo Nobel India Days Sales Outstanding Chart

Akzo Nobel India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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52.89

58.11

61.61

53.34

50.63

Akzo Nobel India 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															51.64	54.42	50.44	53.91	49.92

Competitive Comparison of Akzo Nobel India's Days Sales Outstanding

For the Specialty Chemicals subindustry, Akzo Nobel 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.

Akzo Nobel India's Days Sales Outstanding Distribution in the Chemicals Industry

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

* The bar in red indicates where Akzo Nobel India's Days Sales Outstanding falls into.

Akzo Nobel 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.

Akzo Nobel 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
=	( (4955	+	5523)	/	2 )	/	37768	*	365
=	5239					/	37768	*	365
=	50.63

Akzo Nobel 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
=	( (5650	+	0)	/	1 )	/	10327	*	365 / 4
=	5650					/	10327	*	365 / 4
=	49.92

Akzo Nobel India (NSE:AKZOINDIA) Days Sales Outstanding Explanation

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

Akzo Nobel India Days Sales Outstanding Related Terms

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Akzo Nobel India (NSE:AKZOINDIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Akzo Nobel India Ltd (NSE:AKZOINDIA) » Definitions » Days Sales Outstanding

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500710:India

Address

Golf Course Extension Road, 9th Floor, Magnum Towers, Sector 58, Gurugram, HR, IND, 122 011

Website

https://www.akzonobel.co.in

Akzo Nobel India Ltd manufactures and sells a variety of chemicals and coatings. The company organizes itself into only segments based on the product type. The coatings segment, which generates the vast majority of revenue, sells decorative paints under the Dulux brand and performance coatings for ships, cars, aircraft, and buildings. The vast majority of revenue comes from India.

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