Proventus Agrocom (NSE:PROV) Days Sales Outstanding : 31.12 (As of Sep. 2024)

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What is Proventus Agrocom Days Sales Outstanding?

Proventus Agrocom's average Accounts Receivable for the six months ended in Sep. 2024 was ₹500 Mil. Proventus Agrocom's Revenue for the six months ended in Sep. 2024 was ₹2,934 Mil. Hence, Proventus Agrocom's Days Sales Outstanding for the six months ended in Sep. 2024 was 31.12.

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

NSE:PROV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.88 Med: 21.95 Max: 29.43
Current: 29.43

During the past 5 years, Proventus Agrocom's highest Days Sales Outstanding was 29.43. The lowest was 6.88. And the median was 21.95.

NSE:PROV's Days Sales Outstanding is ranked better than
65.06% of 1872 companies
in the Consumer Packaged Goods industry
Industry Median: 39.515 vs NSE:PROV: 29.43

Proventus Agrocom's Days Sales Outstanding declined from Sep. 2023 (35.56) to Sep. 2024 (31.12).

Proventus Agrocom Days Sales Outstanding Historical Data

The historical data trend for Proventus Agrocom'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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Proventus Agrocom Days Sales Outstanding Chart

Proventus Agrocom Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

6.88

21.95

17.56

24.06

26.61

Proventus Agrocom Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial			-	-	35.56	24.49	31.12

Competitive Comparison of Proventus Agrocom's Days Sales Outstanding

For the Packaged Foods subindustry, Proventus Agrocom'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.

Proventus Agrocom's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Proventus Agrocom's Days Sales Outstanding falls into.

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Proventus Agrocom 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.

Proventus Agrocom'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
=	( (355.192	+	369.379)	/	2 )	/	4970.266	*	365
=	362.2855					/	4970.266	*	365
=	26.61

Proventus Agrocom'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: Mar. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (369.379	+	631.452)	/	2 )	/	2934.206	*	365 / 2
=	500.4155					/	2934.206	*	365 / 2
=	31.12

Proventus Agrocom (NSE:PROV) Days Sales Outstanding Explanation

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

Proventus Agrocom Days Sales Outstanding Related Terms

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Proventus Agrocom Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Proventus Agrocom Ltd (NSE:PROV) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

MV Road, Andheri Kurla Road, Unit 515, 5th Floor, C Wing, 215 Atrium, Near Acme Plaza, Andheri East, Mumbai, MH, IND, 400 069

Website

https://www.proventusagro.com

Proventus Agrocom Ltd is an integrated health food brand with a presence in the entire range of dry fruits, nuts, seeds, berries, and healthy snacking products across the value chain. The company's approach in the space focuses on diversifying across the baskets and intensifying its presence across the value chain, in the end, being a one-stop shop for consumers. Its products include cashews, almonds, walnuts, raisins, pistachios, and other dry fruits, nuts, seeds, and berries.