Venus Remedies (BOM:526953) Days Sales Outstanding : 46.62 (As of Dec. 2023)

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What is Venus Remedies Days Sales Outstanding?

Venus Remedies's average Accounts Receivable for the three months ended in Dec. 2023 was ₹733 Mil. Venus Remedies's Revenue for the three months ended in Dec. 2023 was ₹1,434 Mil. Hence, Venus Remedies's Days Sales Outstanding for the three months ended in Dec. 2023 was 46.62.

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

BOM:526953' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.89 Med: 42.43 Max: 54.89
Current: 38.6

During the past 13 years, Venus Remedies's highest Days Sales Outstanding was 54.89. The lowest was 20.89. And the median was 42.43.

BOM:526953's Days Sales Outstanding is ranked better than
80.82% of 996 companies
in the Drug Manufacturers industry
Industry Median: 72.035 vs BOM:526953: 38.60

Venus Remedies's Days Sales Outstanding increased from Dec. 2022 (21.58) to Dec. 2023 (46.62).

Venus Remedies Days Sales Outstanding Historical Data

The historical data trend for Venus Remedies'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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Venus Remedies Days Sales Outstanding Chart

Venus Remedies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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49.05

36.97

20.89

21.54

38.01

Venus Remedies 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															21.58	45.57	73.52	39.87	46.62

Competitive Comparison of Venus Remedies's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Venus Remedies'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.

Venus Remedies's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Venus Remedies's Days Sales Outstanding falls into.

Venus Remedies 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.

Venus Remedies'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
=	( (386.003	+	766.597)	/	2 )	/	5533.797	*	365
=	576.3					/	5533.797	*	365
=	38.01

Venus Remedies'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
=	( (732.8	+	0)	/	1 )	/	1434.2	*	365 / 4
=	732.8					/	1434.2	*	365 / 4
=	46.62

Venus Remedies (BOM:526953) Days Sales Outstanding Explanation

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

Venus Remedies Days Sales Outstanding Related Terms

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Venus Remedies (BOM:526953) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Venus Remedies Ltd (BOM:526953) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

VENUSREM:India

Address

Plot 51-52, Industrial Area, Phase 1, Panchkula, HR, IND, 134113

Website

https://www.venusremedies.com

Venus Remedies Ltd is an Indian drug manufacturer. It is engaged in manufacturing and trading pharmaceutical products. The company produces biologically active food supplements which include food supplements are natural complexes containing minerals, vitamins, dietary fibers, extracts of medicinal herbs, amino acids, and others.

Venus Remedies (BOM:526953) Headlines

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