Commercial Syn Bags (NSE:COMSYN) Days Sales Outstanding : 40.20 (As of Dec. 2024)

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What is Commercial Syn Bags Days Sales Outstanding?

Commercial Syn Bags's average Accounts Receivable for the three months ended in Dec. 2024 was ₹381 Mil. Commercial Syn Bags's Revenue for the three months ended in Dec. 2024 was ₹865 Mil. Hence, Commercial Syn Bags's Days Sales Outstanding for the three months ended in Dec. 2024 was 40.20.

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

NSE:COMSYN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.25 Med: 45.02 Max: 52.06
Current: 43.08

During the past 13 years, Commercial Syn Bags's highest Days Sales Outstanding was 52.06. The lowest was 32.25. And the median was 45.02.

NSE:COMSYN's Days Sales Outstanding is ranked better than
83.72% of 393 companies
in the Packaging & Containers industry
Industry Median: 67.51 vs NSE:COMSYN: 43.08

Commercial Syn Bags's Days Sales Outstanding declined from Dec. 2023 (41.96) to Dec. 2024 (40.20).

Commercial Syn Bags Days Sales Outstanding Historical Data

The historical data trend for Commercial Syn Bags'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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Commercial Syn Bags Days Sales Outstanding Chart

Commercial Syn Bags Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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51.93

33.99

32.25

39.85

44.33

Commercial Syn Bags Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial															41.96	55.58	50.33	40.13	40.20

Competitive Comparison of Commercial Syn Bags's Days Sales Outstanding

For the Packaging & Containers subindustry, Commercial Syn Bags'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.

Commercial Syn Bags's Days Sales Outstanding Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Commercial Syn Bags's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Commercial Syn Bags's Days Sales Outstanding falls into.

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Commercial Syn Bags 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.

Commercial Syn Bags'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
=	( (276.509	+	424.08)	/	2 )	/	2884.347	*	365
=	350.2945					/	2884.347	*	365
=	44.33

Commercial Syn Bags's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding (Q: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2024 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (381.087	+	0)	/	1 )	/	864.926	*	365 / 4
=	381.087					/	864.926	*	365 / 4
=	40.20

Commercial Syn Bags (NSE:COMSYN) Days Sales Outstanding Explanation

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

Commercial Syn Bags Days Sales Outstanding Related Terms

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Commercial Syn Bags Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Commercial Syn Bags Ltd (NSE:COMSYN) » Definitions » Days Sales Outstanding

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539986:India

Address

M.Y.H. Road, Commercial House, 3-4, Jaora Compound, Indore, MP, IND, 452001

Website

https://www.comsyn.com

Commercial Syn Bags Ltd is engaged in the business of manufacturing and sale of Flexible Intermediate Bulk Container (FIBC), High-Density Polyethylene (HDPE) and Polypropylene (PP) Woven Sacks, PP fabric, BOPP Bags, Container Bags, Pond Liners, Mulch Films, Tarpaulin, Bulk Bags, Technical Textiles, Flexible Packaging, and others. The company's operating segment includes Manufacturing and Trading. The company generates maximum revenue from the Manufacturing segment. Geographically, it derives a majority of its revenue from Outside India.

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