Modern Dairies (BOM:519287) Days Sales Outstanding : 24.55 (As of Sep. 2023)

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What is Modern Dairies Days Sales Outstanding?

Modern Dairies's average Accounts Receivable for the three months ended in Sep. 2023 was ₹216 Mil. Modern Dairies's Revenue for the three months ended in Sep. 2023 was ₹802 Mil. Hence, Modern Dairies's Days Sales Outstanding for the three months ended in Sep. 2023 was 24.55.

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

BOM:519287' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.41 Med: 14.83 Max: 23.15
Current: 19.32

During the past 13 years, Modern Dairies's highest Days Sales Outstanding was 23.15. The lowest was 9.41. And the median was 14.83.

BOM:519287's Days Sales Outstanding is ranked better than
79.98% of 1843 companies
in the Consumer Packaged Goods industry
Industry Median: 39.27 vs BOM:519287: 19.32

Modern Dairies's Days Sales Outstanding increased from Sep. 2022 (12.96) to Sep. 2023 (24.55).

Modern Dairies Days Sales Outstanding Historical Data

The historical data trend for Modern Dairies'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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Modern Dairies Days Sales Outstanding Chart

Modern Dairies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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13.12

12.83

9.67

9.41

18.70

Modern Dairies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															12.96	11.12	21.41	20.88	24.55

Competitive Comparison of Modern Dairies's Days Sales Outstanding

For the Packaged Foods subindustry, Modern Dairies'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.

Modern Dairies's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Modern Dairies's Days Sales Outstanding falls into.

Modern Dairies 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.

Modern Dairies'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
=	( (32.147	+	189.283)	/	2 )	/	2160.813	*	365
=	110.715					/	2160.813	*	365
=	18.70

Modern Dairies's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0	+	215.694)	/	1 )	/	801.823	*	365 / 4
=	215.694					/	801.823	*	365 / 4
=	24.55

Modern Dairies (BOM:519287) Days Sales Outstanding Explanation

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

Modern Dairies Days Sales Outstanding Related Terms

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Modern Dairies (BOM:519287) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Modern Dairies Ltd (BOM:519287) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

SCO 98-99, Sub City Centre, Sector 34, Chandigarh, IND, 160022

Website

https://www.moderndairies.com

Modern Dairies Ltd is engaged in the business of manufacturing and processing milk and milk products. Its products include casein, lactose, skimmed milk powder, cheese, butter, pure ghee, and premix. The company caters to both domestic and international markets. It has also launched fresh dairy products like milk in sachets, Curd, fermented milk products, and cheese in its own brand.

Modern Dairies (BOM:519287) Headlines

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