Marico (NSE:MARICO) Days Sales Outstanding : 43.93 (As of Dec. 2023)

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What is Marico Days Sales Outstanding?

Marico's average Accounts Receivable for the three months ended in Dec. 2023 was ₹11,660 Mil. Marico's Revenue for the three months ended in Dec. 2023 was ₹24,220 Mil. Hence, Marico's Days Sales Outstanding for the three months ended in Dec. 2023 was 43.93.

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

NSE:MARICO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.76 Med: 18.56 Max: 54.59
Current: 54.59

During the past 13 years, Marico's highest Days Sales Outstanding was 54.59. The lowest was 12.76. And the median was 18.56.

NSE:MARICO's Days Sales Outstanding is ranked worse than
69.95% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 39.085 vs NSE:MARICO: 54.59

Marico's Days Sales Outstanding increased from Sep. 2022 (36.12) to Dec. 2023 (43.93).

Marico Days Sales Outstanding Historical Data

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

Marico Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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21.50

26.57

21.17

20.08

31.40

Marico Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															36.12	36.50	42.78	40.19	43.93

Competitive Comparison of Marico's Days Sales Outstanding

For the Household & Personal Products subindustry, Marico'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.

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

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

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

Marico 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.

Marico'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
=	( (6520	+	10150)	/	2 )	/	96890	*	365
=	8335					/	96890	*	365
=	31.40

Marico'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
=	( (11660	+	0)	/	1 )	/	24220	*	365 / 4
=	11660					/	24220	*	365 / 4
=	43.93

Marico (NSE:MARICO) Days Sales Outstanding Explanation

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

Marico Days Sales Outstanding Related Terms

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Marico (NSE:MARICO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Marico Ltd (NSE:MARICO) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

531642:India

Address

175, CST Road, 7th floor, Grande Palladium, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098

Website

https://www.marico.com

Marico Ltd is an Indian beauty and wellness products company. The company is present in emerging markets across Asia and Africa. The cosmetic product categories are hair care, male grooming, skin care, edible oils, health foods, and fabric care. Locally, Marico sells under brands such as Parachute, Parachute Advansed, Nihar, Nihar Naturals, Saffola, Hair & Care, Livon, Set Wet, Mediker, and Revive. Internationally, the company offers the following brands: Parachute, HairCode, Hercules, Black Chic, Code 10, Fiancee, Caivil, Ingwe, X-Men, and Thuan Phat.

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