Torrent Pharmaceuticals (NSE:TORNTPHARM) Days Sales Outstanding : 59.41 (As of Dec. 2023)

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What is Torrent Pharmaceuticals Days Sales Outstanding?

Torrent Pharmaceuticals's average Accounts Receivable for the three months ended in Dec. 2023 was ₹17,520 Mil. Torrent Pharmaceuticals's Revenue for the three months ended in Dec. 2023 was ₹26,910 Mil. Hence, Torrent Pharmaceuticals's Days Sales Outstanding for the three months ended in Dec. 2023 was 59.41.

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

NSE:TORNTPHARM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 64.26 Med: 72.9 Max: 107.37
Current: 64.26

During the past 13 years, Torrent Pharmaceuticals's highest Days Sales Outstanding was 107.37. The lowest was 64.26. And the median was 72.90.

NSE:TORNTPHARM's Days Sales Outstanding is ranked better than
57.64% of 1001 companies
in the Drug Manufacturers industry
Industry Median: 72.57 vs NSE:TORNTPHARM: 64.26

Torrent Pharmaceuticals's Days Sales Outstanding declined from Dec. 2022 (65.09) to Dec. 2023 (59.41).

Torrent Pharmaceuticals Days Sales Outstanding Historical Data

The historical data trend for Torrent Pharmaceuticals'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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Torrent Pharmaceuticals Days Sales Outstanding Chart

Torrent Pharmaceuticals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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65.77

72.37

73.42

68.41

68.97

Torrent Pharmaceuticals 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															65.09	72.35	69.61	60.83	59.41

Competitive Comparison of Torrent Pharmaceuticals's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Torrent Pharmaceuticals'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.

Torrent Pharmaceuticals's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Torrent Pharmaceuticals's Days Sales Outstanding falls into.

Torrent Pharmaceuticals 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.

Torrent Pharmaceuticals'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
=	( (16324.8	+	19438.2)	/	2 )	/	94636.9	*	365
=	17881.5					/	94636.9	*	365
=	68.97

Torrent Pharmaceuticals'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
=	( (17520	+	0)	/	1 )	/	26910	*	365 / 4
=	17520					/	26910	*	365 / 4
=	59.41

Torrent Pharmaceuticals (NSE:TORNTPHARM) Days Sales Outstanding Explanation

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

Torrent Pharmaceuticals Days Sales Outstanding Related Terms

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Torrent Pharmaceuticals (NSE:TORNTPHARM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Torrent Pharmaceuticals Ltd (NSE:TORNTPHARM) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

500420:India

Address

Off Ashram Road, Torrent House, Ahmedabad, GJ, IND, 380009

Website

https://www.torrentpharma.com

Torrent Pharmaceuticals Ltd is a drug manufacturing company with a focus on the cardiovascular, central nervous system, and gastrointestinal therapeutic areas. It operates through Generic Formulation Business segments. Geographically, the business activities are carried out across Indian and International markets.

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