Excel Industries (NSE:EXCELINDUS) Days Sales Outstanding : 84.32 (As of Dec. 2023)

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What is Excel Industries Days Sales Outstanding?

Excel Industries's average Accounts Receivable for the three months ended in Dec. 2023 was ₹1,666 Mil. Excel Industries's Revenue for the three months ended in Dec. 2023 was ₹1,803 Mil. Hence, Excel Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 84.32.

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

NSE:EXCELINDUS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.89 Med: 78.69 Max: 97.91
Current: 78.58

During the past 13 years, Excel Industries's highest Days Sales Outstanding was 97.91. The lowest was 57.89. And the median was 78.69.

NSE:EXCELINDUS's Days Sales Outstanding is ranked worse than
65.05% of 1528 companies
in the Chemicals industry
Industry Median: 64.105 vs NSE:EXCELINDUS: 78.58

Excel Industries's Days Sales Outstanding increased from Dec. 2022 (82.53) to Dec. 2023 (84.32).

Excel Industries Days Sales Outstanding Historical Data

The historical data trend for Excel Industries'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.

Excel Industries Days Sales Outstanding Chart

Excel Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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62.83

80.04

79.07

57.89

59.91

Excel Industries 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															82.53	64.95	66.65	76.75	84.32

Competitive Comparison of Excel Industries's Days Sales Outstanding

For the Specialty Chemicals subindustry, Excel Industries'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.

Excel Industries's Days Sales Outstanding Distribution in the Chemicals Industry

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

* The bar in red indicates where Excel Industries's Days Sales Outstanding falls into.

Excel Industries 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.

Excel Industries'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
=	( (1992.077	+	1565.195)	/	2 )	/	10836.211	*	365
=	1778.636					/	10836.211	*	365
=	59.91

Excel Industries'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
=	( (1665.791	+	0)	/	1 )	/	1802.764	*	365 / 4
=	1665.791					/	1802.764	*	365 / 4
=	84.32

Excel Industries (NSE:EXCELINDUS) Days Sales Outstanding Explanation

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

Excel Industries Days Sales Outstanding Related Terms

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Excel Industries (NSE:EXCELINDUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Excel Industries Ltd (NSE:EXCELINDUS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

500650:India

Address

184-87, Swami Vivekanand Road, Jogeshwari (West), Mumbai, MH, IND, 400 102

Website

https://www.excelind.co.in

Excel Industries Ltd is a chemical manufacturer based in India. The company is organized into two business segments namely; Chemicals segment which comprises of industrial and specialty chemicals, pesticides intermediates, polymer and pharma intermediates; and Environment and Biotech segment which comprises of soil enricher, biopesticides, and bioproducts. Apart from these segments company also focuses on waste management area where it converts solid waste into organic soil conditioner. The majority of its revenues come from the Indian market, while it also has a presence in the International market.

Excel Industries (NSE:EXCELINDUS) Headlines

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