TTK Healthcare (NSE:TTKHLTCARE) Days Sales Outstanding : 45.84 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is TTK Healthcare Days Sales Outstanding?

TTK Healthcare's average Accounts Receivable for the three months ended in Dec. 2023 was ₹924 Mil. TTK Healthcare's Revenue for the three months ended in Dec. 2023 was ₹1,838 Mil. Hence, TTK Healthcare's Days Sales Outstanding for the three months ended in Dec. 2023 was 45.84.

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

NSE:TTKHLTCARE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.85 Med: 33.48 Max: 52.66
Current: 42.58

During the past 13 years, TTK Healthcare's highest Days Sales Outstanding was 52.66. The lowest was 24.85. And the median was 33.48.

NSE:TTKHLTCARE's Days Sales Outstanding is ranked better than
76.68% of 999 companies
in the Drug Manufacturers industry
Industry Median: 71.7 vs NSE:TTKHLTCARE: 42.58

TTK Healthcare's Days Sales Outstanding increased from Dec. 2022 (38.48) to Dec. 2023 (45.84).

TTK Healthcare Days Sales Outstanding Historical Data

The historical data trend for TTK Healthcare'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.

TTK Healthcare Days Sales Outstanding Chart

TTK Healthcare Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

39.52

44.45

52.66

34.71

36.92

TTK Healthcare 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															38.48	47.96	41.58	45.37	45.84

Competitive Comparison of TTK Healthcare's Days Sales Outstanding

For the Drug Manufacturers - General subindustry, TTK Healthcare'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.

TTK Healthcare's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, TTK Healthcare's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where TTK Healthcare's Days Sales Outstanding falls into.

TTK Healthcare 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.

TTK Healthcare'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
=	( (535.802	+	920.991)	/	2 )	/	7201.875	*	365
=	728.3965					/	7201.875	*	365
=	36.92

TTK Healthcare'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
=	( (923.548	+	0)	/	1 )	/	1838.472	*	365 / 4
=	923.548					/	1838.472	*	365 / 4
=	45.84

TTK Healthcare (NSE:TTKHLTCARE) Days Sales Outstanding Explanation

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

TTK Healthcare Days Sales Outstanding Related Terms

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

TTK Healthcare (NSE:TTKHLTCARE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » TTK Healthcare Ltd (NSE:TTKHLTCARE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

507747:India

Address

No. 6, Cathedral Road, Chennai, TN, IND, 600 086

Website

https://www.ttkhealthcare.com

TTK Healthcare Ltd is an Indian pharmaceutical company. The company's operating segment includes Animal Welfare, Consumer Products, Medical Devices, Protective Devices, Foods Division, and Others. Its Animal Welfare segment includes products for both Human and Veterinary use. The Consumer Products comprises of marketing and distribution of Woodwards's Gripe Water, EVA Range of Cosmetics, Good Home range of Scrubbers, Air Fresheners and others. Protective Devices comprises of manufacturing and marketing of Male Contraceptives and other allied products. It generates maximum revenue from the Pharmaceuticals segment. Geographically, it derives a majority of revenue from India.

TTK Healthcare (NSE:TTKHLTCARE) Headlines

No Headlines