Pidilite Industries (BOM:500331) Days Sales Outstanding : 51.08 (As of Dec. 2023)

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What is Pidilite Industries Days Sales Outstanding?

Pidilite Industries's average Accounts Receivable for the three months ended in Dec. 2023 was ₹17,521 Mil. Pidilite Industries's Revenue for the three months ended in Dec. 2023 was ₹31,300 Mil. Hence, Pidilite Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 51.08.

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

BOM:500331' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.9 Med: 50.06 Max: 61.5
Current: 49.75

During the past 13 years, Pidilite Industries's highest Days Sales Outstanding was 61.50. The lowest was 40.90. And the median was 50.06.

BOM:500331's Days Sales Outstanding is ranked better than
67.32% of 1527 companies
in the Chemicals industry
Industry Median: 63.99 vs BOM:500331: 49.75

Pidilite Industries's Days Sales Outstanding increased from Dec. 2022 (50.34) to Dec. 2023 (51.08).

Pidilite Industries Days Sales Outstanding Historical Data

The historical data trend for Pidilite 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.

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Pidilite Industries Days Sales Outstanding Chart

Pidilite Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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52.44

54.74

61.50

51.39

46.53

Pidilite 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															50.34	53.58	43.22	51.98	51.08

Competitive Comparison of Pidilite Industries's Days Sales Outstanding

For the Specialty Chemicals subindustry, Pidilite 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.

Pidilite Industries's Days Sales Outstanding Distribution in the Chemicals Industry

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

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

Pidilite 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.

Pidilite 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
=	( (14450.8	+	15513)	/	2 )	/	117516.2	*	365
=	14981.9					/	117516.2	*	365
=	46.53

Pidilite 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
=	( (17521	+	0)	/	1 )	/	31299.9	*	365 / 4
=	17521					/	31299.9	*	365 / 4
=	51.08

Pidilite Industries (BOM:500331) Days Sales Outstanding Explanation

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

Pidilite Industries Days Sales Outstanding Related Terms

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Pidilite Industries (BOM:500331) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Pidilite Industries Ltd (BOM:500331) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

PIDILITIND:India

Address

Ramkrishna Mandir Road, Off Mathuradas Vasanji Road, Andheri (East), Mumbai, MH, IND, 400 059

Website

https://www.pidilite.com

Pidilite Industries Ltd manufactures and sells paints, adhesives, and sealants in two segments based on the customer: The consumer and bazaar products segment, which generates the majority of revenue, sells adhesives and sealants, construction paint chemicals, art and craft materials. The Business to Business segment sells industrial products such as industrial adhesives resins, and organic pigments and preparations. Pidilite Industries sells its products through dealers and distribution networks. The vast majority of revenue comes from India.

Pidilite Industries (BOM:500331) Headlines

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