Venlon Enterprises (BOM:524038) Days Sales Outstanding : 19.41 (As of Jun. 2024)

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What is Venlon Enterprises Days Sales Outstanding?

Venlon Enterprises's average Accounts Receivable for the three months ended in Jun. 2024 was ₹5.05 Mil. Venlon Enterprises's Revenue for the three months ended in Jun. 2024 was ₹23.75 Mil. Hence, Venlon Enterprises's Days Sales Outstanding for the three months ended in Jun. 2024 was 19.41.

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

BOM:524038' s Days Sales Outstanding Range Over the Past 10 Years
Min: 8.48 Med: 18.44 Max: 538.09
Current: 10.56

During the past 13 years, Venlon Enterprises's highest Days Sales Outstanding was 538.09. The lowest was 8.48. And the median was 18.44.

BOM:524038's Days Sales Outstanding is ranked better than
96.35% of 1533 companies
in the Chemicals industry
Industry Median: 64.79 vs BOM:524038: 10.56

Venlon Enterprises's Days Sales Outstanding increased from Jun. 2023 (2.49) to Jun. 2024 (19.41).

Venlon Enterprises Days Sales Outstanding Historical Data

The historical data trend for Venlon Enterprises'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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Venlon Enterprises Days Sales Outstanding Chart

Venlon Enterprises Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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173.22

538.09

95.57

171.09

13.05

Venlon Enterprises Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															2.49	5.57	5.48	20.74	19.41

Competitive Comparison of Venlon Enterprises's Days Sales Outstanding

For the Specialty Chemicals subindustry, Venlon Enterprises'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.

Venlon Enterprises's Days Sales Outstanding Distribution in the Chemicals Industry

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

* The bar in red indicates where Venlon Enterprises's Days Sales Outstanding falls into.

Venlon Enterprises 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.

Venlon Enterprises'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
=	( (0.691	+	5.052)	/	2 )	/	80.318	*	365
=	2.8715					/	80.318	*	365
=	13.05

Venlon Enterprises's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (5.052	+	0)	/	1 )	/	23.752	*	365 / 4
=	5.052					/	23.752	*	365 / 4
=	19.41

Venlon Enterprises (BOM:524038) Days Sales Outstanding Explanation

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

Venlon Enterprises Days Sales Outstanding Related Terms

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Venlon Enterprises Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Venlon Enterprises Ltd (BOM:524038) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hunsur Road, 26 (P) and Plot No. 2, Belavadi Industrial Area, Mysore, KA, IND, 570018

Website

http://www.venlonenterprises.com

Venlon Enterprises Ltd is a manufacturer and distributor of polyethylene terephthalate. The company's product portfolio consists of PET Chips, Polyester Film, Metalised Film, Formaldehyde, Paraformaldehyde, Methanol formaldehyde Solution, and Wind Mill. It has only one single segment which is trading activity of Paraformaldehyde.

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