Grasim Industries (Grasim Industries) Days Sales Outstanding : 17.01 (As of Dec. 2023)

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What is Grasim Industries Days Sales Outstanding?

Grasim Industries's average Accounts Receivable for the three months ended in Dec. 2023 was $716 Mil. Grasim Industries's Revenue for the three months ended in Dec. 2023 was $3,840 Mil. Hence, Grasim Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 17.01.

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

GRSXY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.89 Med: 25.77 Max: 30.79
Current: 16.83

During the past 13 years, Grasim Industries's highest Days Sales Outstanding was 30.79. The lowest was 0.89. And the median was 25.77.

GRSXY's Days Sales Outstanding is ranked better than
88.45% of 381 companies
in the Building Materials industry
Industry Median: 55.54 vs GRSXY: 16.83

Grasim Industries's Days Sales Outstanding declined from Dec. 2022 (18.24) to Dec. 2023 (17.01).

Grasim Industries Days Sales Outstanding Historical Data

The historical data trend for Grasim Industries'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.

Grasim Industries Days Sales Outstanding Chart

Grasim Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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29.30

31.87

24.10

19.18

18.39

Grasim Industries 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															18.24	16.49	17.37	17.95	17.01

Competitive Comparison of Grasim Industries's Days Sales Outstanding

For the Building Materials subindustry, Grasim Industries'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.

Grasim Industries's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Grasim Industries's Days Sales Outstanding distribution charts can be found below:

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

Grasim Industries 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.

Grasim Industries'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
=	( (712.612	+	719.017)	/	2 )	/	14209.388	*	365
=	715.8145					/	14209.388	*	365
=	18.39

Grasim Industries'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
=	( (715.564	+	0)	/	1 )	/	3839.513	*	365 / 4
=	715.564					/	3839.513	*	365 / 4
=	17.01

Grasim Industries (OTCPK:GRSXY) Days Sales Outstanding Explanation

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

Grasim Industries Days Sales Outstanding Related Terms

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Grasim Industries (Grasim Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Grasim Industries Ltd (OTCPK:GRSXY) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

GRASIM:India 500300:India

Address

Sudam Kalu Ahire Marg, A Wing, 2nd Floor, Aditya Birla Centre, Worli, Mumbai, MH, IND, 400030

Website

https://www.grasim.com

Grasim Industries Ltd is a cement and viscose staple fibre (VSF) manufacturing firm based in India. The activities of the group fall under the operating segments of Viscose, Chemicals, Cement, Financial Services, and Others. It derives key revenue from the Cement segment which covers products like Grey Cement, White Cement and allied products. The viscose segment includes products such as Viscose Staple Fibre, Wood Pulp and Viscose Filament Yarn. Through the Chemicals segment, the group offers Caustic soda, Allied chemicals and Epoxy. Geographically, the company has a business presence in India and other countries, of which maximum revenue is generated within India.

Grasim Industries (Grasim Industries) Headlines

From GuruFocus

Q3 2024 Grasim Industries Ltd Earnings Call Transcript

By GuruFocus Research • 02-12-2024