Heritage Foods (NSE:HERITGFOOD) Days Sales Outstanding : 3.97 (As of Sep. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Heritage Foods Days Sales Outstanding?

Heritage Foods's average Accounts Receivable for the three months ended in Sep. 2024 was ₹444 Mil. Heritage Foods's Revenue for the three months ended in Sep. 2024 was ₹10,195 Mil. Hence, Heritage Foods's Days Sales Outstanding for the three months ended in Sep. 2024 was 3.97.

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

NSE:HERITGFOOD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.18 Med: 3.17 Max: 4.32
Current: 3.21

During the past 13 years, Heritage Foods's highest Days Sales Outstanding was 4.32. The lowest was 2.18. And the median was 3.17.

NSE:HERITGFOOD's Days Sales Outstanding is ranked better than
97.27% of 1870 companies
in the Consumer Packaged Goods industry
Industry Median: 40.07 vs NSE:HERITGFOOD: 3.21

Heritage Foods's Days Sales Outstanding increased from Sep. 2023 (2.88) to Sep. 2024 (3.97).

Heritage Foods Days Sales Outstanding Historical Data

The historical data trend for Heritage Foods'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.

Heritage Foods Days Sales Outstanding Chart

Heritage Foods Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

Get a 7-Day Free Trial

4.30

2.74

2.30

2.62

2.73

Heritage Foods Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															2.88	3.00	2.76	2.54	3.97

Competitive Comparison of Heritage Foods's Days Sales Outstanding

For the Packaged Foods subindustry, Heritage Foods'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.

Heritage Foods's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Heritage Foods's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Heritage Foods's Days Sales Outstanding falls into.

Heritage Foods 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.

Heritage Foods'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
=	( (280.06	+	287.06)	/	2 )	/	37918.2	*	365
=	283.56					/	37918.2	*	365
=	2.73

Heritage Foods's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (0	+	443.81)	/	1 )	/	10195.23	*	365 / 4
=	443.81					/	10195.23	*	365 / 4
=	3.97

Heritage Foods (NSE:HERITGFOOD) Days Sales Outstanding Explanation

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

Heritage Foods Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Heritage Foods's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Heritage Foods Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Heritage Foods Ltd (NSE:HERITGFOOD) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

519552:India

Address

Road No-1 & 65, Jubilee Hills, Road No-1 & 65, Jubilee Hills, Plot No. 1286, Hyderabad, TG, IND, 500033

Website

https://www.heritagefoods.in

Heritage Foods Ltd is engaged in the food-related and renewable energy business. The company's operating segments are Dairy Vertical, Renewable energy vertical, and Feed vertical. Dairy Vertical is engaged in the manufacturing and marketing of milk, curd, buttermilk, lassi, ice cream, paneer, table butter, milk powder, and others. Renewable energy vertical produces power for captive consumption through its solar and wind power plants, and the Feed vertical is engaged in the manufacturing of cattle and fish feeds. It generates a majority of its revenue from the Dairy Vertical segment. Geographically, the company derives a majority of its revenue from its business in India.

Heritage Foods Headlines

No Headlines