Advanced Enzyme Technologies (BOM:540025) Days Sales Outstanding : 63.50 (As of Dec. 2023)

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What is Advanced Enzyme Technologies Days Sales Outstanding?

Advanced Enzyme Technologies's average Accounts Receivable for the three months ended in Dec. 2023 was ₹1,120 Mil. Advanced Enzyme Technologies's Revenue for the three months ended in Dec. 2023 was ₹1,609 Mil. Hence, Advanced Enzyme Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 63.50.

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

BOM:540025' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.77 Med: 56.09 Max: 63.68
Current: 62.95

During the past 13 years, Advanced Enzyme Technologies's highest Days Sales Outstanding was 63.68. The lowest was 47.77. And the median was 56.09.

BOM:540025's Days Sales Outstanding is ranked better than
51.61% of 1525 companies
in the Chemicals industry
Industry Median: 64.02 vs BOM:540025: 62.95

Advanced Enzyme Technologies's Days Sales Outstanding declined from Dec. 2022 (64.50) to Dec. 2023 (63.50).

Advanced Enzyme Technologies Days Sales Outstanding Historical Data

The historical data trend for Advanced Enzyme Technologies'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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Advanced Enzyme Technologies Days Sales Outstanding Chart

Advanced Enzyme Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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51.25

55.14

58.70

60.20

63.68

Advanced Enzyme Technologies 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															64.50	66.13	62.17	64.75	63.50

Competitive Comparison of Advanced Enzyme Technologies's Days Sales Outstanding

For the Specialty Chemicals subindustry, Advanced Enzyme Technologies'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.

Advanced Enzyme Technologies's Days Sales Outstanding Distribution in the Chemicals Industry

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

* The bar in red indicates where Advanced Enzyme Technologies's Days Sales Outstanding falls into.

Advanced Enzyme Technologies 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.

Advanced Enzyme Technologies'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
=	( (882.06	+	1003.41)	/	2 )	/	5403.82	*	365
=	942.735					/	5403.82	*	365
=	63.68

Advanced Enzyme Technologies'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
=	( (1119.99	+	0)	/	1 )	/	1609.35	*	365 / 4
=	1119.99					/	1609.35	*	365 / 4
=	63.50

Advanced Enzyme Technologies (BOM:540025) Days Sales Outstanding Explanation

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

Advanced Enzyme Technologies Days Sales Outstanding Related Terms

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Advanced Enzyme Technologies (BOM:540025) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Advanced Enzyme Technologies Ltd (BOM:540025) » Definitions » Days Sales Outstanding

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ADVENZYMES:India

Address

Near LIC Service Road, Sun Magnetica, A Wing, 5th Floor, Louiswadi, Thane (West), Thane, MH, IND, 400604

Website

https://www.advancedenzymes.com

Advanced Enzyme Technologies Ltd is an Indian company engaged in research activities to manufacture and sell enzymes. The Company operates only in one business segment viz. manufacturing and sales of enzymes. The company offers enzymes for human healthcare and nutrition, animal nutrition, food processing, and non-food processing. Some of the products offered by the company are serratiopeptidase, fungal lipase, papain, hemicellulose, and digegrain, among others. Geographically, the entity operates in India, Europe, the USA, Asia, and other countries, of which a majority of the revenue is derived from India.

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