ACI Formulations (DHA:ACIFORMULA) Days Sales Outstanding

: 99.16 (As of Dec. 2023)

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ACI Formulations's average Accounts Receivable for the three months ended in Dec. 2023 was BDT1,508 Mil. ACI Formulations's Revenue for the three months ended in Dec. 2023 was BDT1,387 Mil. Hence, ACI Formulations's Days Sales Outstanding for the three months ended in Dec. 2023 was 99.16.

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

DHA:ACIFORMULA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 77.98 Med: 121.58 Max: 175.55
Current: 101.95

During the past 13 years, ACI Formulations's highest Days Sales Outstanding was 175.55. The lowest was 77.98. And the median was 121.58.

DHA:ACIFORMULA's Days Sales Outstanding is ranked worse than
69.36% of 235 companies
in the Agriculture industry
Industry Median: 74.65 vs DHA:ACIFORMULA: 101.95

ACI Formulations's Days Sales Outstanding increased from Dec. 2022 (86.50) to Dec. 2023 (99.16).

ACI Formulations Days Sales Outstanding Historical Data

The historical data trend for ACI Formulations'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.

ACI Formulations Annual Data

Trend

Dec13

Dec14

Dec15

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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138.66

175.55

135.10

103.04

83.65

ACI Formulations 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															86.50	100.30	130.03	82.05	99.16

Competitive Comparison

For the Agricultural Inputs subindustry, ACI Formulations'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.

ACI Formulations Days Sales Outstanding Distribution

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

* The bar in red indicates where ACI Formulations's Days Sales Outstanding falls into.

ACI Formulations 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.

ACI Formulations's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (1112.572	+	1160.848)	/	2 )	/	4959.809	*	365
=	1136.71					/	4959.809	*	365
=	83.65

ACI Formulations'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
=	( (1411.451	+	1603.953)	/	2 )	/	1387.48	*	365 / 4
=	1507.702					/	1387.48	*	365 / 4
=	99.16

ACI Formulations (DHA:ACIFORMULA) Days Sales Outstanding Explanation

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

ACI Formulations Days Sales Outstanding Related Terms

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ACI Formulations (DHA:ACIFORMULA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » ACI Formulations Ltd (DHA:ACIFORMULA) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

ACI Centre, 245, Tejgaon Industrial Area, Dhaka, BGD, 1208

Website

https://www.aci-bd.com

ACI Formulations Ltd is an agricultural chemicals manufacturer. The principal activities of the company are manufacturing and marketing a number of agrochemical and consumer products. The company has structured its operations into the following business segments - Crop Care and Public Health segment, which manufactures and sell crop care and public health products; Mosquito Coil segment is engaged in the manufacturing and selling of mosquito coil products; the Aerosol segment is engaged in the manufacturing and selling aerosol and air freshener products; and Paint segment which manufactures and sells paint products. It derives key revenue from the Crop Care and Public Health segment.

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