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Vineet Laboratories (BOM:543298) Days Sales Outstanding : 77.84 (As of Mar. 2024)


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What is Vineet Laboratories Days Sales Outstanding?

Vineet Laboratories's average Accounts Receivable for the three months ended in Mar. 2024 was ₹316 Mil. Vineet Laboratories's Revenue for the three months ended in Mar. 2024 was ₹370 Mil. Hence, Vineet Laboratories's Days Sales Outstanding for the three months ended in Mar. 2024 was 77.84.

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

BOM:543298' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.35   Med: 69.68   Max: 90.08
Current: 90.08

During the past 8 years, Vineet Laboratories's highest Days Sales Outstanding was 90.08. The lowest was 61.35. And the median was 69.68.

BOM:543298's Days Sales Outstanding is ranked worse than
74.11% of 1522 companies
in the Chemicals industry
Industry Median: 63.735 vs BOM:543298: 90.08

Vineet Laboratories's Days Sales Outstanding increased from Mar. 2023 (47.51) to Mar. 2024 (77.84).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


Vineet Laboratories Days Sales Outstanding Historical Data

The historical data trend for Vineet Laboratories'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.

Vineet Laboratories Days Sales Outstanding Chart

Vineet Laboratories Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Sales Outstanding
Get a 7-Day Free Trial - 64.03 75.33 61.35 80.91

Vineet Laboratories Quarterly Data
Mar17 Mar18 Mar19 Mar20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.51 85.65 86.14 130.28 77.84

Competitive Comparison of Vineet Laboratories's Days Sales Outstanding

For the Chemicals subindustry, Vineet Laboratories'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.


Vineet Laboratories's Days Sales Outstanding Distribution in the Chemicals Industry

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

* The bar in red indicates where Vineet Laboratories's Days Sales Outstanding falls into.



Vineet Laboratories 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.

Vineet Laboratories'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
=( (351.631 + 316.039) / 2 ) / 1505.913*365
=333.835 / 1505.913*365
=80.91

Vineet Laboratories'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 + 316.039) / 1 ) / 370.486*365 / 4
=316.039 / 370.486*365 / 4
=77.84

* 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.


Vineet Laboratories  (BOM:543298) Days Sales Outstanding Explanation

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


Vineet Laboratories Days Sales Outstanding Related Terms

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Vineet Laboratories (BOM:543298) Business Description

Traded in Other Exchanges
Address
5-5-160, Malleswari Nilayam, Opposite Vishnu Theatre, Chintalakunta, L.B.Nagar, Hyderabad, TG, IND, 500 074
Vineet Laboratories Ltd Formerly known as Ortin Laboratories Limited, Unit-II is engaged in the business of Pharmaceutical intermediates and Fine chemicals. The products of the companies include Dimethyl phenoxy acetyl chloride, Dimethyl Phenoxy Acetic Acid, Isopropyl-beta-D-thiogalactopyranoside and Nitrophenyl phosphate disodium salt among others. Geographically, the company operates within India and outside India, with a majority of revenue coming from India. The company has one business segment, manufacture of Drug Intermediates & Bulk Dugs.

Vineet Laboratories (BOM:543298) Headlines

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