Vivid Global Industries (BOM:524576) Days Sales Outstanding : 51.20 (As of Dec. 2023)

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What is Vivid Global Industries Days Sales Outstanding?

Vivid Global Industries's average Accounts Receivable for the three months ended in Dec. 2023 was ₹50.8 Mil. Vivid Global Industries's Revenue for the three months ended in Dec. 2023 was ₹90.6 Mil. Hence, Vivid Global Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 51.20.

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

BOM:524576' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.82 Med: 51.33 Max: 85.09
Current: 66.48

During the past 13 years, Vivid Global Industries's highest Days Sales Outstanding was 85.09. The lowest was 31.82. And the median was 51.33.

BOM:524576's Days Sales Outstanding is ranked worse than
52.58% of 1529 companies
in the Chemicals industry
Industry Median: 64.13 vs BOM:524576: 66.48

Vivid Global Industries's Days Sales Outstanding declined from Dec. 2022 (73.43) to Dec. 2023 (51.20).

Vivid Global Industries Days Sales Outstanding Historical Data

The historical data trend for Vivid Global 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.

Vivid Global Industries Days Sales Outstanding Chart

Vivid Global Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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52.50

48.18

74.06

85.09

78.26

Vivid Global 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															73.43	65.94	67.22	72.50	51.20

Competitive Comparison of Vivid Global Industries's Days Sales Outstanding

For the Specialty Chemicals subindustry, Vivid Global 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.

Vivid Global Industries's Days Sales Outstanding Distribution in the Chemicals Industry

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

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

Vivid Global 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.

Vivid Global 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
=	( (87.951	+	66.291)	/	2 )	/	359.702	*	365
=	77.121					/	359.702	*	365
=	78.26

Vivid Global 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
=	( (50.832	+	0)	/	1 )	/	90.602	*	365 / 4
=	50.832					/	90.602	*	365 / 4
=	51.20

Vivid Global Industries (BOM:524576) Days Sales Outstanding Explanation

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

Vivid Global Industries Days Sales Outstanding Related Terms

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Vivid Global Industries (BOM:524576) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vivid Global Industries Ltd (BOM:524576) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o. Sumichem Corporation, Sir. P.M. Road, 1-D, Dhannur Building, Fort, Mumbai, MH, IND, 400 001

Website

https://www.vividglobalinds.com

Vivid Global Industries Ltd is engaged in the business of production of dye intermediates which include Tobias Acid, Sulpho Tobias Acid, and N-Methyl and J. Acid. Its only business segment includes dye intermediates and dyes. Reactive Dyes products include Reactive High Exhaust (He) Dyes, and Reactive Mild Exhaust (Me Dyes) (Bifunctional Dyes). The Direct and Acid Dyes include Direct Blacks, Blues, Greens, Reds, Violets, Oranges, Browns, and Yellow. Geographically, it derives a majority of its revenue from the Local Business.

Vivid Global Industries (BOM:524576) Headlines

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