Styrenix Performance Materials (BOM:506222) Days Sales Outstanding : 45.25 (As of Mar. 2024)

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What is Styrenix Performance Materials Days Sales Outstanding?

Styrenix Performance Materials's average Accounts Receivable for the three months ended in Mar. 2024 was ₹2,969 Mil. Styrenix Performance Materials's Revenue for the three months ended in Mar. 2024 was ₹5,987 Mil. Hence, Styrenix Performance Materials's Days Sales Outstanding for the three months ended in Mar. 2024 was 45.25.

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

BOM:506222' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.96 Med: 50.98 Max: 60.54
Current: 49.9

During the past 13 years, Styrenix Performance Materials's highest Days Sales Outstanding was 60.54. The lowest was 41.96. And the median was 50.98.

BOM:506222's Days Sales Outstanding is ranked better than
67.5% of 1526 companies
in the Chemicals industry
Industry Median: 64.1 vs BOM:506222: 49.90

Styrenix Performance Materials's Days Sales Outstanding declined from Mar. 2023 (47.26) to Mar. 2024 (45.25).

Styrenix Performance Materials Days Sales Outstanding Historical Data

The historical data trend for Styrenix Performance Materials'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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Styrenix Performance Materials Days Sales Outstanding Chart

Styrenix Performance Materials Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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47.15

53.58

51.41

48.10

50.55

Styrenix Performance Materials Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															47.26	53.48	45.38	55.71	45.25

Competitive Comparison of Styrenix Performance Materials's Days Sales Outstanding

For the Chemicals subindustry, Styrenix Performance Materials'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.

Styrenix Performance Materials's Days Sales Outstanding Distribution in the Chemicals Industry

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

* The bar in red indicates where Styrenix Performance Materials's Days Sales Outstanding falls into.

Styrenix Performance Materials 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.

Styrenix Performance Materials's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (3186.873	+	2968.7)	/	2 )	/	22221.7	*	365
=	3077.7865					/	22221.7	*	365
=	50.55

Styrenix Performance Materials's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0	+	2968.7)	/	1 )	/	5987.1	*	365 / 4
=	2968.7					/	5987.1	*	365 / 4
=	45.25

Styrenix Performance Materials (BOM:506222) Days Sales Outstanding Explanation

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

Styrenix Performance Materials Days Sales Outstanding Related Terms

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Styrenix Performance Materials (BOM:506222) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Styrenix Performance Materials Ltd (BOM:506222) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

STYRENIX:India

Address

Dr. Vikram Sarabhai Marg, 9th Floor, “Shiva”, Sarabhai Complex, Vadiwadi, Vadodara, GJ, IND, 390023

Website

https://www.styrenix.com

Styrenix Performance Materials Ltd is a producer of Absolac (ABS) and Absolan (SAN) in India. ABS is a plastic resin produced from acrylonitrile, butadiene, and styrene, used for manufacturing home appliances, automobiles, consumer durables, and machinery. Absolan(SAN) is a polymerized plastic resin produced from styrene and acrylonitrile and is mainly used for products such as lighting, stationery, novelties, refrigerators, and cosmetic packing. The company operates in two segments namely Specialties and Polystyrene, of which the majority of the revenue is generated from the Specialties segment. Specialties include ABS and SAN. All the business activities of the firm functioned throughout the region of India.

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