Plastiblends India (BOM:523648) Days Sales Outstanding : 40.36 (As of Mar. 2024)

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What is Plastiblends India Days Sales Outstanding?

Plastiblends India's average Accounts Receivable for the three months ended in Mar. 2024 was ₹880 Mil. Plastiblends India's Revenue for the three months ended in Mar. 2024 was ₹1,989 Mil. Hence, Plastiblends India's Days Sales Outstanding for the three months ended in Mar. 2024 was 40.36.

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

BOM:523648' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.75 Med: 68.03 Max: 74.57
Current: 44.48

During the past 13 years, Plastiblends India's highest Days Sales Outstanding was 74.57. The lowest was 40.75. And the median was 68.03.

BOM:523648's Days Sales Outstanding is ranked better than
73.8% of 1523 companies
in the Chemicals industry
Industry Median: 63.73 vs BOM:523648: 44.48

Plastiblends India's Days Sales Outstanding declined from Mar. 2023 (42.00) to Mar. 2024 (40.36).

Plastiblends India Days Sales Outstanding Historical Data

The historical data trend for Plastiblends 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.

Plastiblends India Days Sales Outstanding Chart

Plastiblends India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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71.21

61.88

54.15

49.98

40.75

Plastiblends India 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															42.00	42.49	49.51	52.86	40.36

Competitive Comparison of Plastiblends India's Days Sales Outstanding

For the Specialty Chemicals subindustry, Plastiblends 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.

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

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

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

Plastiblends 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.

Plastiblends India'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
=	( (911.201	+	879.865)	/	2 )	/	8021.616	*	365
=	895.533					/	8021.616	*	365
=	40.75

Plastiblends India'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	+	879.865)	/	1 )	/	1989.087	*	365 / 4
=	879.865					/	1989.087	*	365 / 4
=	40.36

Plastiblends India (BOM:523648) Days Sales Outstanding Explanation

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

Plastiblends India Days Sales Outstanding Related Terms

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Plastiblends India (BOM:523648) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Plastiblends India Ltd (BOM:523648) » Definitions » Days Sales Outstanding

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PLASTIBLEN:India

Address

New Link Road, Opposite Citi Mall, 10th Floor, Fortune Terraces, A-Wing, Andheri (West), Mumbai, MH, IND, 400 053

Website

https://www.plastiblends.com

Plastiblends India Ltd is a manufacturer and sells Masterbatches and thermoplastic compounds. The company's products are applicable in various plastic processing industries, such as Flexible Packaging, Agriculture, Irrigation, Piping, Infrastructure, and Consumer Durables. The company's product includes Addictive Masterbatches, Polycolor, Polycolor Black, Polycolor White, and Polywhite Fillers, among others. The group principally operates in India.

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