Axel Polymers (BOM:513642) Days Sales Outstanding : 24.70 (As of Dec. 2023)

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What is Axel Polymers Days Sales Outstanding?

Axel Polymers's average Accounts Receivable for the three months ended in Dec. 2023 was ₹105 Mil. Axel Polymers's Revenue for the three months ended in Dec. 2023 was ₹386 Mil. Hence, Axel Polymers's Days Sales Outstanding for the three months ended in Dec. 2023 was 24.70.

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

BOM:513642' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.64 Med: 55.23 Max: 168.45
Current: 26.64

During the past 13 years, Axel Polymers's highest Days Sales Outstanding was 168.45. The lowest was 26.64. And the median was 55.23.

BOM:513642's Days Sales Outstanding is ranked better than
88.66% of 1526 companies
in the Chemicals industry
Industry Median: 64.05 vs BOM:513642: 26.64

Axel Polymers's Days Sales Outstanding declined from Dec. 2022 (44.77) to Dec. 2023 (24.70).

Axel Polymers Days Sales Outstanding Historical Data

The historical data trend for Axel Polymers'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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Axel Polymers Days Sales Outstanding Chart

Axel Polymers Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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33.45

30.73

57.94

61.65

40.84

Axel Polymers 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															44.77	25.75	27.11	30.88	24.70

Competitive Comparison of Axel Polymers's Days Sales Outstanding

For the Specialty Chemicals subindustry, Axel Polymers'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.

Axel Polymers's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Axel Polymers's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Axel Polymers's Days Sales Outstanding falls into.

Axel Polymers 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.

Axel Polymers'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
=	( (113.926	+	76.687)	/	2 )	/	851.853	*	365
=	95.3065					/	851.853	*	365
=	40.84

Axel Polymers'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
=	( (104.627	+	0)	/	1 )	/	386.476	*	365 / 4
=	104.627					/	386.476	*	365 / 4
=	24.70

Axel Polymers (BOM:513642) Days Sales Outstanding Explanation

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

Axel Polymers Days Sales Outstanding Related Terms

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Axel Polymers (BOM:513642) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Axel Polymers Ltd (BOM:513642) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

Off Western Express Highway, B-312, Western Edge II, Borivali East, Mumbai, MH, IND, 400066

Website

https://www.axelindia.com

Axel Polymers Ltd engages in the manufacture of compounds, blends, alloys of engineering polymers, specialty and commodity polymers. Geographically all business activities function in India. It is the manufacturer of Engineering Thermoplastic Compounds in India, catering to Multinationals and Domestic Corporates.

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