Aarti Industries (BOM:524208) Days Sales Outstanding : 42.51 (As of Mar. 2024)

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What is Aarti Industries Days Sales Outstanding?

Aarti Industries's average Accounts Receivable for the three months ended in Mar. 2024 was ₹8,260 Mil. Aarti Industries's Revenue for the three months ended in Mar. 2024 was ₹17,730 Mil. Hence, Aarti Industries's Days Sales Outstanding for the three months ended in Mar. 2024 was 42.51.

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

BOM:524208' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.71 Med: 60.41 Max: 67.99
Current: 48.71

During the past 13 years, Aarti Industries's highest Days Sales Outstanding was 67.99. The lowest was 48.71. And the median was 60.41.

BOM:524208's Days Sales Outstanding is ranked better than
68.86% of 1522 companies
in the Chemicals industry
Industry Median: 63.735 vs BOM:524208: 48.71

Aarti Industries's Days Sales Outstanding declined from Mar. 2023 (51.79) to Mar. 2024 (42.51).

Aarti Industries Days Sales Outstanding Historical Data

The historical data trend for Aarti 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.

* Premium members only.

Aarti Industries Days Sales Outstanding Chart

Aarti Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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67.99

65.59

66.28

56.03

50.59

Aarti Industries 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															51.79	60.69	49.26	41.36	42.51

Competitive Comparison of Aarti Industries's Days Sales Outstanding

For the Specialty Chemicals subindustry, Aarti 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.

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

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

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

Aarti 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.

Aarti Industries'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
=	( (9404.9	+	8260)	/	2 )	/	63720	*	365
=	8832.45					/	63720	*	365
=	50.59

Aarti Industries'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	+	8260)	/	1 )	/	17730	*	365 / 4
=	8260					/	17730	*	365 / 4
=	42.51

Aarti Industries (BOM:524208) Days Sales Outstanding Explanation

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

Aarti Industries Days Sales Outstanding Related Terms

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Aarti Industries (BOM:524208) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Aarti Industries Ltd (BOM:524208) » Definitions » Days Sales Outstanding

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AARTIIND:India

Address

Mulund Goregaon Link Road, L.B.S. Marg, 71, Udyog Kshetra, 2nd Floor, Mulund (West), Mumbai, MH, IND, 400080

Website

https://www.aarti-industries.com

Aarti Industries Ltd manufactures and sells chemicals and chemical-based products in two segments based on the product type. The Specialty chemical segment, which generates the majority of revenue, sells benzene-based chemicals, which are used in agricultural products, dyes and pigments, and flavors and fragrances. The Pharmaceuticals segment sells drugs used to treat diarrhea, inflammation, asthma, as well as antibiotics and antidiabetics. More revenue comes from India than any other country or region.

Aarti Industries (BOM:524208) Headlines

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