Concord Biotech (BOM:543960) Days Sales Outstanding : 107.94 (As of Sep. 2023)

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What is Concord Biotech Days Sales Outstanding?

Concord Biotech's average Accounts Receivable for the six months ended in Sep. 2023 was ₹2,704 Mil. Concord Biotech's Revenue for the six months ended in Sep. 2023 was ₹4,572 Mil. Hence, Concord Biotech's Days Sales Outstanding for the six months ended in Sep. 2023 was 107.94.

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

BOM:543960' s Days Sales Outstanding Range Over the Past 10 Years
Min: 104.12 Med: 110.12 Max: 134.45
Current: 104.12

During the past 4 years, Concord Biotech's highest Days Sales Outstanding was 134.45. The lowest was 104.12. And the median was 110.12.

BOM:543960's Days Sales Outstanding is ranked worse than
67.86% of 893 companies
in the Biotechnology industry
Industry Median: 72.43 vs BOM:543960: 104.12

Concord Biotech's Days Sales Outstanding declined from Sep. 2022 (124.66) to Sep. 2023 (107.94).

Concord Biotech Days Sales Outstanding Historical Data

The historical data trend for Concord Biotech'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.

Concord Biotech Days Sales Outstanding Chart

Concord Biotech Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

134.45

109.07

105.54

111.16

Concord Biotech Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial			-	-	124.66	101.81	107.94

Competitive Comparison of Concord Biotech's Days Sales Outstanding

For the Biotechnology subindustry, Concord Biotech'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.

Concord Biotech's Days Sales Outstanding Distribution in the Biotechnology Industry

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

* The bar in red indicates where Concord Biotech's Days Sales Outstanding falls into.

Concord Biotech 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.

Concord Biotech'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
=	( (2321.74	+	2737.58)	/	2 )	/	8306.32	*	365
=	2529.66					/	8306.32	*	365
=	111.16

Concord Biotech's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (2737.58	+	2670.436)	/	2 )	/	4571.733	*	365 / 2
=	2704.008					/	4571.733	*	365 / 2
=	107.94

Concord Biotech (BOM:543960) Days Sales Outstanding Explanation

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

Concord Biotech Days Sales Outstanding Related Terms

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Concord Biotech (BOM:543960) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Concord Biotech Ltd (BOM:543960) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CONCORDBIO:India

Address

Iscon Cross Road, S.G. Highway, 16th floor, B-Wing, Mondeal Heights, Ahmedabad, GJ, IND, 380015

Website

https://www.concordbiotech.com

Concord Biotech Ltd is a Research & development-driven biopharma Company that manufactures Active Pharmaceutical Ingredients (API) through fermentation & semi-synthetic process and finished formulations.

Concord Biotech (BOM:543960) Headlines

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