Dravyasamgraha is situated in the medieval flowering of Jain thought, and its composition is generally placed in the 10th century CE. This dating aligns it with a period of intense systematization of Jain metaphysics, when concise, aphoristic texts were crafted to distill complex doctrines into accessible form. The attribution to this era situates the work among other seminal Jain writings that sought to clarify the nature of reality, soul, and liberation in a compact yet profound manner.

Regarding its geographical and sectarian setting, the text is associated with the broader Jain tradition of western and southern India during this time. It emerges from a milieu in which Jain teachers were actively engaged in articulating and preserving metaphysical insights through Prakrit verse and related scholastic forms. Within that context, Dravyasamgraha stands as a concise statement of Jain metaphysical substances, reflecting the intellectual and spiritual currents that shaped Jain communities in the 10th century CE.