Taro Pharmaceutical Industries (Taro Pharmaceutical Industries) Days Sales Outstanding : 108.09 (As of Dec. 2023)

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What is Taro Pharmaceutical Industries Days Sales Outstanding?

Taro Pharmaceutical Industries's average Accounts Receivable for the three months ended in Dec. 2023 was $186.1 Mil. Taro Pharmaceutical Industries's Revenue for the three months ended in Dec. 2023 was $157.1 Mil. Hence, Taro Pharmaceutical Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 108.09.

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

TARO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 62.15 Med: 117.11 Max: 149.72
Current: 119.72

During the past 13 years, Taro Pharmaceutical Industries's highest Days Sales Outstanding was 149.72. The lowest was 62.15. And the median was 117.11.

TARO's Days Sales Outstanding is ranked worse than
82.6% of 1000 companies
in the Drug Manufacturers industry
Industry Median: 71.68 vs TARO: 119.72

Taro Pharmaceutical Industries's Days Sales Outstanding declined from Dec. 2022 (162.89) to Dec. 2023 (108.09).

Taro Pharmaceutical Industries Days Sales Outstanding Historical Data

The historical data trend for Taro Pharmaceutical Industries'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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Taro Pharmaceutical Industries Days Sales Outstanding Chart

Taro Pharmaceutical Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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121.07

133.93

149.19

149.72

143.09

Taro Pharmaceutical Industries 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															162.89	125.91	123.22	125.59	108.09

Competitive Comparison of Taro Pharmaceutical Industries's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Taro Pharmaceutical Industries'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.

Taro Pharmaceutical Industries's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Taro Pharmaceutical Industries's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Taro Pharmaceutical Industries's Days Sales Outstanding falls into.

Taro Pharmaceutical Industries 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.

Taro Pharmaceutical Industries'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
=	( (246.972	+	202.26)	/	2 )	/	572.952	*	365
=	224.616					/	572.952	*	365
=	143.09

Taro Pharmaceutical Industries'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
=	( (181.064	+	191.232)	/	2 )	/	157.145	*	365 / 4
=	186.148					/	157.145	*	365 / 4
=	108.09

Taro Pharmaceutical Industries (NYSE:TARO) Days Sales Outstanding Explanation

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

Taro Pharmaceutical Industries Days Sales Outstanding Related Terms

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Taro Pharmaceutical Industries (Taro Pharmaceutical Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Taro Pharmaceutical Industries Ltd (NYSE:TARO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TAL:Germany

Address

14 Hakitor Street, P.O. Box 10347, Haifa Bay, Haifa, ISR, 2624761

Website

https://www.taro.com

Taro Pharmaceutical Industries Ltd produces, researches, develops, and markets pharmaceutical products. Its primary focus includes semi-solid formulations, such as creams and ointments, and other dosage forms such as liquids, capsules, and tablets. The company is engaged in the dermatological and topical, cardiovascular, neuropsychiatric, and anti-inflammatory therapeutic categories. Geographically, it derives a majority of its revenue from the United States and also has a presence in Canada, Israel, and Other Countries.

Executives

Sun Pharma Global Inc	10 percent owner
Sun Pharmaceutical Industries Ltd	10 percent owner, other: Affiliated Party	17/B, MAHAL INDUSTRIAL ESTATE, MAHAKALI CAVES ROAD, ANDEHERI (EAST) K7 400 093
Alkaloida Chemical Co Exclusive Group Ltd.	10 percent owner	KABAY JANOS UT 29., TISZAVASVARI K5 4440
Franklin Resources Inc	10 percent owner	FRANKLIN RESOURCES INC, ONE FRANKLIN PARKWAY, SAN MATEO CA 94403