Panacea Biotec (BOM:531349) Days Sales Outstanding : 46.59 (As of Dec. 2023)

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What is Panacea Biotec Days Sales Outstanding?

Panacea Biotec's average Accounts Receivable for the three months ended in Dec. 2023 was ₹768 Mil. Panacea Biotec's Revenue for the three months ended in Dec. 2023 was ₹1,505 Mil. Hence, Panacea Biotec's Days Sales Outstanding for the three months ended in Dec. 2023 was 46.59.

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

BOM:531349' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.27 Med: 57.8 Max: 90.67
Current: 57.46

During the past 13 years, Panacea Biotec's highest Days Sales Outstanding was 90.67. The lowest was 45.27. And the median was 57.80.

BOM:531349's Days Sales Outstanding is ranked better than
62.81% of 890 companies
in the Biotechnology industry
Industry Median: 72.665 vs BOM:531349: 57.46

Panacea Biotec's Days Sales Outstanding declined from Dec. 2022 (96.77) to Dec. 2023 (46.59).

Panacea Biotec Days Sales Outstanding Historical Data

The historical data trend for Panacea Biotec'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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Panacea Biotec Days Sales Outstanding Chart

Panacea Biotec Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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90.67

53.42

45.27

46.05

56.62

Panacea Biotec 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															96.77	43.55	42.44	49.03	46.59

Competitive Comparison of Panacea Biotec's Days Sales Outstanding

For the Biotechnology subindustry, Panacea Biotec'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.

Panacea Biotec's Days Sales Outstanding Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Panacea Biotec's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Panacea Biotec's Days Sales Outstanding falls into.

Panacea Biotec 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.

Panacea Biotec'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
=	( (816.56	+	600.92)	/	2 )	/	4569.19	*	365
=	708.74					/	4569.19	*	365
=	56.62

Panacea Biotec'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
=	( (768.4	+	0)	/	1 )	/	1505	*	365 / 4
=	768.4					/	1505	*	365 / 4
=	46.59

Panacea Biotec (BOM:531349) Days Sales Outstanding Explanation

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

Panacea Biotec Days Sales Outstanding Related Terms

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Panacea Biotec (BOM:531349) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Panacea Biotec Ltd (BOM:531349) » Definitions » Days Sales Outstanding

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PANACEABIO:India

Address

Mathura Road, B-1 Extn./G-3, Mohan Co-operative Industrial Estate, New Delhi, IND, 110 044

Website

https://www.panaceabiotec.com

Panacea Biotec Ltd is a Biotechnology company. It is engaged in the business of research, development, manufacturing, and marketing of branded pharmaceutical formulations, vaccines, and biopharmaceuticals. The company's operating segments include Vaccines, and Formulations. It generates maximum revenue from the Vaccines segment. The company product portfolio includes prescription products in niche therapeutic areas such as diabetes and cardiovascular management, oncology, nephrology and transplant management, osteoporosis management, gastro-intestinal care, pain management products, and pediatric immunization. The group has a business presence in India and Outside India.

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