Meghmani Organics (BOM:543331) Days Sales Outstanding : 101.21 (As of Dec. 2023)

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What is Meghmani Organics Days Sales Outstanding?

Meghmani Organics's average Accounts Receivable for the three months ended in Dec. 2023 was ₹3,902 Mil. Meghmani Organics's Revenue for the three months ended in Dec. 2023 was ₹3,518 Mil. Hence, Meghmani Organics's Days Sales Outstanding for the three months ended in Dec. 2023 was 101.21.

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

BOM:543331' s Days Sales Outstanding Range Over the Past 10 Years
Min: 69.65 Med: 76.72 Max: 238.73
Current: 105.79

During the past 5 years, Meghmani Organics's highest Days Sales Outstanding was 238.73. The lowest was 69.65. And the median was 76.72.

BOM:543331's Days Sales Outstanding is ranked worse than
70.64% of 235 companies
in the Agriculture industry
Industry Median: 74.69 vs BOM:543331: 105.79

Meghmani Organics's Days Sales Outstanding increased from Dec. 2022 (98.14) to Dec. 2023 (101.21).

Meghmani Organics Days Sales Outstanding Historical Data

The historical data trend for Meghmani Organics'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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Meghmani Organics Days Sales Outstanding Chart

Meghmani Organics Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

76.72

238.73

98.71

69.65

76.23

Meghmani Organics 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															98.14	83.20	112.18	94.01	101.21

Competitive Comparison of Meghmani Organics's Days Sales Outstanding

For the Agricultural Inputs subindustry, Meghmani Organics'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.

Meghmani Organics's Days Sales Outstanding Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Meghmani Organics's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Meghmani Organics's Days Sales Outstanding falls into.

Meghmani Organics 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.

Meghmani Organics'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
=	( (5428.468	+	5234.148)	/	2 )	/	25526.243	*	365
=	5331.308					/	25526.243	*	365
=	76.23

Meghmani Organics'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
=	( (3901.649	+	0)	/	1 )	/	3517.517	*	365 / 4
=	3901.649					/	3517.517	*	365 / 4
=	101.21

Meghmani Organics (BOM:543331) Days Sales Outstanding Explanation

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

Meghmani Organics Days Sales Outstanding Related Terms

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Meghmani Organics (BOM:543331) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Meghmani Organics Ltd (BOM:543331) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MOL:India

Address

Near Raj Bunglows, Near Safal Profitaire, Prahlad Nagar, 1st to 3rd Floor, Meghmani House, Satellite, Ahmedabad, GJ, IND, 380015

Website

https://www.meghmani.com

Meghmani Organics Ltd is engaged in the manufacturing of pigments and agrochemicals. The company operates through business divisions namely Pigments and Agrochemicals. The Pigments division is engaged in the manufacture and distribution of phthalocyanine green 7, copper phthalocyanine blue, alpha blue, and beta blue. The Agrochemicals Division, the key revenue-generating segment, is engaged in the manufacturing and distribution of technical, intermediates, and formulations of Crop Protection Chemicals. The company has a presence in India as well as Outside India.

Meghmani Organics (BOM:543331) Headlines

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