Ashish Polyplast (BOM:530429) Days Sales Outstanding : 28.80 (As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Ashish Polyplast Days Sales Outstanding?

Ashish Polyplast's average Accounts Receivable for the three months ended in Mar. 2024 was ₹12.6 Mil. Ashish Polyplast's Revenue for the three months ended in Mar. 2024 was ₹39.8 Mil. Hence, Ashish Polyplast's Days Sales Outstanding for the three months ended in Mar. 2024 was 28.80.

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

BOM:530429' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.38 Med: 56.46 Max: 63.13
Current: 36.3

During the past 13 years, Ashish Polyplast's highest Days Sales Outstanding was 63.13. The lowest was 30.38. And the median was 56.46.

BOM:530429's Days Sales Outstanding is ranked better than
82.72% of 1522 companies
in the Chemicals industry
Industry Median: 63.75 vs BOM:530429: 36.30

Ashish Polyplast's Days Sales Outstanding declined from Mar. 2023 (33.58) to Mar. 2024 (28.80).

Ashish Polyplast Days Sales Outstanding Historical Data

The historical data trend for Ashish Polyplast'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.

Ashish Polyplast Days Sales Outstanding Chart

Ashish Polyplast Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

Get a 7-Day Free Trial

56.77

46.78

32.21

33.22

30.38

Ashish Polyplast 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															33.58	31.73	47.73	48.87	28.80

Competitive Comparison of Ashish Polyplast's Days Sales Outstanding

For the Specialty Chemicals subindustry, Ashish Polyplast'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.

Ashish Polyplast's Days Sales Outstanding Distribution in the Chemicals Industry

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

* The bar in red indicates where Ashish Polyplast's Days Sales Outstanding falls into.

Ashish Polyplast 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.

Ashish Polyplast'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
=	( (13.983	+	12.557)	/	2 )	/	159.413	*	365
=	13.27					/	159.413	*	365
=	30.38

Ashish Polyplast'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	+	12.557)	/	1 )	/	39.784	*	365 / 4
=	12.557					/	39.784	*	365 / 4
=	28.80

Ashish Polyplast (BOM:530429) Days Sales Outstanding Explanation

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

Ashish Polyplast Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Ashish Polyplast's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Ashish Polyplast (BOM:530429) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ashish Polyplast Ltd (BOM:530429) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

501, Fortune Business Hub, Near Satyomev Elysium, Near Science City, Sola, Ahmedabad, GJ, IND, 380060

Website

http://www.ashishpolyplast.com

Ashish Polyplast Ltd is an India-based company principally engaged in the manufacturing of polymerization of vinyl chloride (PVC) pipes. It manufactures and exports braided hoses and flexible PVC hoses. The company's product portfolio includes Realon Air & Pneumatic Hose - Transparent, Realon Welding Hose - Red & Blue, Realon Water Hose, Realon Car Washing Hose, and Realon Rock Drilling Hose - Transparent.

Ashish Polyplast (BOM:530429) Headlines

No Headlines