Primo Chemicals (BOM:506852) Days Sales Outstanding : 31.16 (As of Mar. 2024)

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What is Primo Chemicals Days Sales Outstanding?

Primo Chemicals's average Accounts Receivable for the three months ended in Mar. 2024 was ₹350 Mil. Primo Chemicals's Revenue for the three months ended in Mar. 2024 was ₹1,025 Mil. Hence, Primo Chemicals's Days Sales Outstanding for the three months ended in Mar. 2024 was 31.16.

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

BOM:506852' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.24 Med: 10.78 Max: 39.83
Current: 38.38

During the past 13 years, Primo Chemicals's highest Days Sales Outstanding was 39.83. The lowest was 7.24. And the median was 10.78.

BOM:506852's Days Sales Outstanding is ranked better than
80.49% of 1522 companies
in the Chemicals industry
Industry Median: 63.96 vs BOM:506852: 38.38

Primo Chemicals's Days Sales Outstanding declined from Mar. 2023 (31.88) to Mar. 2024 (31.16).

Primo Chemicals Days Sales Outstanding Historical Data

The historical data trend for Primo 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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Primo Chemicals Days Sales Outstanding Chart

Primo Chemicals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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7.24

17.66

19.61

21.72

39.83

Primo Chemicals 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															31.88	42.88	37.78	38.52	31.16

Competitive Comparison of Primo Chemicals's Days Sales Outstanding

For the Chemicals subindustry, Primo 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.

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

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

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

Primo 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.

Primo Chemicals'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
=	( (516.375	+	349.963)	/	2 )	/	3969.802	*	365
=	433.169					/	3969.802	*	365
=	39.83

Primo Chemicals'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	+	349.963)	/	1 )	/	1024.75	*	365 / 4
=	349.963					/	1024.75	*	365 / 4
=	31.16

Primo Chemicals (BOM:506852) Days Sales Outstanding Explanation

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

Primo Chemicals Days Sales Outstanding Related Terms

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Primo Chemicals (BOM:506852) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Primo Chemicals Ltd (BOM:506852) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Bay No. 46-50, Sector-31A, Chandigarh, IND, 160 030

Website

https://www.primochemicals.in

Primo Chemicals Ltd is engaged in the manufacturing of chemicals. Its product portfolio includes Caustic Soda Lye and its by-products are Hydrochloric Acid, Liquid Chlorine, Sodium Hypochlorite, and Hydrogen gas.

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