Vijay Solvex (BOM:531069) Days Sales Outstanding : 4.65 (As of Mar. 2024)

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What is Vijay Solvex Days Sales Outstanding?

Vijay Solvex's average Accounts Receivable for the three months ended in Mar. 2024 was ₹206 Mil. Vijay Solvex's Revenue for the three months ended in Mar. 2024 was ₹4,050 Mil. Hence, Vijay Solvex's Days Sales Outstanding for the three months ended in Mar. 2024 was 4.65.

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

BOM:531069' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.05 Med: 12.35 Max: 16.56
Current: 6.83

During the past 13 years, Vijay Solvex's highest Days Sales Outstanding was 16.56. The lowest was 6.05. And the median was 12.35.

BOM:531069's Days Sales Outstanding is ranked better than
93.92% of 1841 companies
in the Consumer Packaged Goods industry
Industry Median: 39.19 vs BOM:531069: 6.83

Vijay Solvex's Days Sales Outstanding declined from Mar. 2023 (6.07) to Mar. 2024 (4.65).

Vijay Solvex Days Sales Outstanding Historical Data

The historical data trend for Vijay Solvex'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.

Vijay Solvex Days Sales Outstanding Chart

Vijay Solvex Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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10.28

6.77

6.05

6.69

6.18

Vijay Solvex 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															6.07	8.66	7.83	7.26	4.65

Competitive Comparison of Vijay Solvex's Days Sales Outstanding

For the Packaged Foods subindustry, Vijay Solvex'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.

Vijay Solvex's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vijay Solvex's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Vijay Solvex's Days Sales Outstanding falls into.

Vijay Solvex 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.

Vijay Solvex'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
=	( (413.198	+	206.289)	/	2 )	/	18292.328	*	365
=	309.7435					/	18292.328	*	365
=	6.18

Vijay Solvex'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	+	206.289)	/	1 )	/	4049.691	*	365 / 4
=	206.289					/	4049.691	*	365 / 4
=	4.65

Vijay Solvex (BOM:531069) Days Sales Outstanding Explanation

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

Vijay Solvex Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Vijay Solvex's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Vijay Solvex (BOM:531069) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vijay Solvex Ltd (BOM:531069) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Swami Dayanand Marg, Station Road, Bhagwati Sadan, Alwar, RJ, IND, 301001

Website

http://www.vijaysolvex.com

Vijay Solvex Ltd engaged in manufacturing and distributing edible oil and vanaspati ghee. The company's operating segment includes Edible Oil; Ceramic and Wind Power. It generates maximum revenue from the Edible Oil segment which includes Vanaspati Ghee, Edible Oils, Oil Cake, De-oiled cake and others. Its Ceramics segments include Insulators. The wind Power segment includes electricity generation from Wind Power Generators. Geographically, it derives a majority of revenue from India.

Vijay Solvex (BOM:531069) Headlines

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