ITC (NSE:ITC) Days Sales Outstanding : 21.28 (As of Dec. 2023)

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What is ITC Days Sales Outstanding?

ITC's average Accounts Receivable for the three months ended in Dec. 2023 was ₹41,682 Mil. ITC's Revenue for the three months ended in Dec. 2023 was ₹178,727 Mil. Hence, ITC's Days Sales Outstanding for the three months ended in Dec. 2023 was 21.28.

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

NSE:ITC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.08 Med: 19.47 Max: 25.63
Current: 17.12

During the past 13 years, ITC's highest Days Sales Outstanding was 25.63. The lowest was 14.08. And the median was 19.47.

NSE:ITC's Days Sales Outstanding is ranked better than
69.23% of 52 companies
in the Tobacco Products industry
Industry Median: 33.05 vs NSE:ITC: 17.12

ITC's Days Sales Outstanding increased from Dec. 2022 (14.08) to Dec. 2023 (21.28).

ITC Days Sales Outstanding Historical Data

The historical data trend for ITC'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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ITC Days Sales Outstanding Chart

ITC Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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25.63

24.58

18.88

15.08

14.08

ITC 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															14.08	15.52	15.84	21.56	21.28

Competitive Comparison of ITC's Days Sales Outstanding

For the Tobacco subindustry, ITC'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.

ITC's Days Sales Outstanding Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, ITC's Days Sales Outstanding distribution charts can be found below:

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

ITC 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.

ITC'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
=	( (24619	+	29561.7)	/	2 )	/	702452.2	*	365
=	27090.35					/	702452.2	*	365
=	14.08

ITC'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
=	( (41682.3	+	0)	/	1 )	/	178727.1	*	365 / 4
=	41682.3					/	178727.1	*	365 / 4
=	21.28

ITC (NSE:ITC) Days Sales Outstanding Explanation

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

ITC Days Sales Outstanding Related Terms

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ITC (NSE:ITC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » ITC Ltd (NSE:ITC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

500875:India

Address

37 Jawaharlal Nehru Road, Virginia House, Kolkata, WB, IND, 700 071

Website

https://www.itcportal.com

ITC Ltd is an Indian conglomerate that primarily operates in the consumer goods space, particularly cigarettes. The company operates in four main business segments: Fast Moving Consumer Goods; Hotels; Paperboards, Paper, and Packaging; and Agri-Business. Roughly three-quarters of the company's total revenue comes from the Fast Moving Consumer Goods Business, which is dominated by cigarettes but also includes branded packaged foods, personal care products, and other categories. The company generates the vast majority of its revenue in India.

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