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Shilpa Medicare (NSE:SHILPAMED) Days Sales Outstanding : 95.51 (As of Sep. 2024)


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What is Shilpa Medicare Days Sales Outstanding?

Shilpa Medicare's average Accounts Receivable for the three months ended in Sep. 2024 was ₹3,598 Mil. Shilpa Medicare's Revenue for the three months ended in Sep. 2024 was ₹3,438 Mil. Hence, Shilpa Medicare's Days Sales Outstanding for the three months ended in Sep. 2024 was 95.51.

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

NSE:SHILPAMED' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.48   Med: 94.72   Max: 124.3
Current: 110.97

During the past 13 years, Shilpa Medicare's highest Days Sales Outstanding was 124.30. The lowest was 55.48. And the median was 94.72.

NSE:SHILPAMED's Days Sales Outstanding is ranked worse than
78.59% of 967 companies
in the Drug Manufacturers industry
Industry Median: 71.81 vs NSE:SHILPAMED: 110.97

Shilpa Medicare's Days Sales Outstanding declined from Sep. 2023 (103.61) to Sep. 2024 (95.51).


Shilpa Medicare Days Sales Outstanding Historical Data

The historical data trend for Shilpa Medicare'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.

Shilpa Medicare Days Sales Outstanding Chart

Shilpa Medicare Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.47 94.13 96.66 124.30 113.61

Shilpa Medicare Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 103.61 113.20 122.85 122.30 95.51

Competitive Comparison of Shilpa Medicare's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Shilpa Medicare'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.


Shilpa Medicare's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Shilpa Medicare's Days Sales Outstanding falls into.



Shilpa Medicare 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.

Shilpa Medicare'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
=( (3243.491 + 3920.455) / 2 ) / 11508.368*365
=3581.973 / 11508.368*365
=113.61

Shilpa Medicare's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding (Q: Sep. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Sep. 2024 )) / count ) / Revenue (A: Sep. 2024 )*Days in Period
=( (0 + 3598.295) / 1 ) / 3437.974*365 / 4
=3598.295 / 3437.974*365 / 4
=95.51

* 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.


Shilpa Medicare  (NSE:SHILPAMED) Days Sales Outstanding Explanation

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


Shilpa Medicare Days Sales Outstanding Related Terms

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Shilpa Medicare Business Description

Traded in Other Exchanges
Address
Hyderabad Road, Number 12-6-214/A-1, Shilpa House, Raichur, KA, IND, 584135
Shilpa Medicare Ltd is a specialty and generic drug manufacturer. The company's product range includes over 44 oncology and non-oncology APIs. It uses nano and micro technology in its drug identification and formulation. The operating segments of the company are Pharmaceutical products and services, which is the key revenue-generating segment; and Power sales. Geographically, the group derives revenue from India and Outside India, of which prime revenue is generated from India.

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