Zenith Drugs (NSE:ZENITHDRUG) Days Sales Outstanding : 185.60 (As of Mar. 2024)

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What is Zenith Drugs Days Sales Outstanding?

Zenith Drugs's average Accounts Receivable for the six months ended in Mar. 2024 was ₹633 Mil. Zenith Drugs's Revenue for the six months ended in Mar. 2024 was ₹622 Mil. Hence, Zenith Drugs's Days Sales Outstanding for the six months ended in Mar. 2024 was 185.60.

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

NSE:ZENITHDRUG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 110.41 Med: 122.98 Max: 162.55
Current: 162.55

During the past 4 years, Zenith Drugs's highest Days Sales Outstanding was 162.55. The lowest was 110.41. And the median was 122.98.

NSE:ZENITHDRUG's Days Sales Outstanding is ranked worse than
89.42% of 955 companies
in the Drug Manufacturers industry
Industry Median: 72.47 vs NSE:ZENITHDRUG: 162.55

Zenith Drugs's Days Sales Outstanding increased from Mar. 2023 (0.00) to Mar. 2024 (185.60).

Zenith Drugs Days Sales Outstanding Historical Data

The historical data trend for Zenith Drugs'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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Zenith Drugs Days Sales Outstanding Chart

Zenith Drugs Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

116.27

110.41

129.69

161.82

Zenith Drugs Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24
Days Sales Outstanding	-	-	-	142.57	185.60

Competitive Comparison of Zenith Drugs's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Zenith Drugs'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.

Zenith Drugs's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Zenith Drugs's Days Sales Outstanding falls into.

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Zenith Drugs 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.

Zenith Drugs'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
=	( (493.113	+	673.945)	/	2 )	/	1316.197	*	365
=	583.529					/	1316.197	*	365
=	161.82

Zenith Drugs's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (591.38	+	673.945)	/	2 )	/	622.104	*	365 / 2
=	632.6625					/	622.104	*	365 / 2
=	185.60

Zenith Drugs (NSE:ZENITHDRUG) Days Sales Outstanding Explanation

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

Zenith Drugs Days Sales Outstanding Related Terms

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Zenith Drugs Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Zenith Drugs Ltd (NSE:ZENITHDRUG) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

K. No. 72 / 5, Village Muradpura, NA Depalpur, Indore, MP, IND, 453001

Website

https://www.zenithdrugs.com

Zenith Drugs Ltd is a pharmaceutical manufacturing and trading company. It offers a wide range of formulations in various forms such as ORS Powder, Liquid Orals, Ointments, Liquid Externals, and Capsules. It is also into Generic Medicines.

Zenith Drugs Headlines

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