Asian Paints (BOM:500820) Days Sales Outstanding

: 44.71 (As of Dec. 2023)

View and export this data going back to 1991. Start your Free Trial

Asian Paints's average Accounts Receivable for the three months ended in Dec. 2023 was ₹44,469 Mil. Asian Paints's Revenue for the three months ended in Dec. 2023 was ₹90,749 Mil. Hence, Asian Paints's Days Sales Outstanding for the three months ended in Dec. 2023 was 44.71.

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

BOM:500820' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.02 Med: 34.24 Max: 45.16
Current: 45.16

During the past 13 years, Asian Paints's highest Days Sales Outstanding was 45.16. The lowest was 29.02. And the median was 34.24.

BOM:500820's Days Sales Outstanding is ranked better than
71.97% of 1527 companies
in the Chemicals industry
Industry Median: 63.56 vs BOM:500820: 45.16

Asian Paints's Days Sales Outstanding increased from Dec. 2022 (43.20) to Dec. 2023 (44.71).

Asian Paints Days Sales Outstanding Historical Data

The historical data trend for Asian Paints'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.

Asian Paints Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

34.80

33.68

37.34

40.83

45.16

Asian Paints 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															43.20	48.25	46.23	48.01	44.71

Competitive Comparison

For the Specialty Chemicals subindustry, Asian Paints'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.

Asian Paints Days Sales Outstanding Distribution

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

* The bar in red indicates where Asian Paints's Days Sales Outstanding falls into.

Asian Paints 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.

Asian Paints'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
=	( (38714.5	+	46377.4)	/	2 )	/	343887.1	*	365
=	42545.95					/	343887.1	*	365
=	45.16

Asian Paints'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
=	( (44469.4	+	0)	/	1 )	/	90749.4	*	365 / 4
=	44469.4					/	90749.4	*	365 / 4
=	44.71

Asian Paints (BOM:500820) Days Sales Outstanding Explanation

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

Asian Paints Days Sales Outstanding Related Terms

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

Asian Paints (BOM:500820) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Asian Paints Ltd (BOM:500820) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ASIANPAINT:India

Address

Asian Paints House, 6A, Shantinagar, Santacruz (East), Mumbai, MH, IND, 400 055

Website

https://www.asianpaints.com

Asian Paints Ltd manufactures and sells a variety of paint and home improvement products. The firm organizes itself into two segments based on product type. The paints segment, which generates the vast majority of revenue, sells interior and exterior paints, metal finish, and wood finish. The home improvement segment sells kitchen and bathroom products. Asian Paints sells its products to distributors and directly to the home improvement industry through the company's network of retail stores. The majority of revenue comes from India.

Asian Paints (BOM:500820) Headlines

No Headlines