DIC India (BOM:500089) Days Sales Outstanding : 98.37 (As of Dec. 2023)

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What is DIC India Days Sales Outstanding?

DIC India's average Accounts Receivable for the three months ended in Dec. 2023 was ₹2,202 Mil. DIC India's Revenue for the three months ended in Dec. 2023 was ₹2,042 Mil. Hence, DIC India's Days Sales Outstanding for the three months ended in Dec. 2023 was 98.37.

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

BOM:500089' s Days Sales Outstanding Range Over the Past 10 Years
Min: 99.06 Med: 102.77 Max: 115.23
Current: 104.09

During the past 13 years, DIC India's highest Days Sales Outstanding was 115.23. The lowest was 99.06. And the median was 102.77.

BOM:500089's Days Sales Outstanding is ranked worse than
83.28% of 1525 companies
in the Chemicals industry
Industry Median: 64.02 vs BOM:500089: 104.09

DIC India's Days Sales Outstanding declined from Dec. 2022 (99.16) to Dec. 2023 (98.37).

DIC India Days Sales Outstanding Historical Data

The historical data trend for DIC India'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.

DIC India Days Sales Outstanding Chart

DIC India Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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103.41

115.23

102.13

101.78

104.04

DIC India 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															99.16	115.14	103.76	99.67	98.37

Competitive Comparison of DIC India's Days Sales Outstanding

For the Specialty Chemicals subindustry, DIC India'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.

DIC India's Days Sales Outstanding Distribution in the Chemicals Industry

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

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

DIC India 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.

DIC India's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (2506.641	+	2201.549)	/	2 )	/	8258.46	*	365
=	2354.095					/	8258.46	*	365
=	104.04

DIC India'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
=	( (0	+	2201.549)	/	1 )	/	2042.185	*	365 / 4
=	2201.549					/	2042.185	*	365 / 4
=	98.37

DIC India (BOM:500089) Days Sales Outstanding Explanation

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

DIC India Days Sales Outstanding Related Terms

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DIC India (BOM:500089) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » DIC India Ltd (BOM:500089) » Definitions » Days Sales Outstanding

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DICIND:India

Address

Fusion Square, 5A-5B, Sector-126, 5th Floor, District Gautam Budh Nagar, Noida, UP, IND, 201303

Website

https://www.dic.co.in

DIC India Ltd is an India-based company engaged in the business of manufacturing printing inks that are used in newspapers, other publications, and packaging industries. It also offers lamination adhesive. The product portfolio of the company includes Gravur inks, Flexo inks, Adhesives, Specialty products and Paste inks. The company operates primarily within India.

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