Lakshmi Machine Works (BOM:500252) Days Sales Outstanding : 12.19 (As of Mar. 2024)

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What is Lakshmi Machine Works Days Sales Outstanding?

Lakshmi Machine Works's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1,297 Mil. Lakshmi Machine Works's Revenue for the three months ended in Mar. 2024 was ₹9,707 Mil. Hence, Lakshmi Machine Works's Days Sales Outstanding for the three months ended in Mar. 2024 was 12.19.

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

BOM:500252' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.08 Med: 29.96 Max: 36.19
Current: 22.68

During the past 13 years, Lakshmi Machine Works's highest Days Sales Outstanding was 36.19. The lowest was 14.08. And the median was 29.96.

BOM:500252's Days Sales Outstanding is ranked better than
96.45% of 2960 companies
in the Industrial Products industry
Industry Median: 79.93 vs BOM:500252: 22.68

Lakshmi Machine Works's Days Sales Outstanding declined from Dec. 2022 (24.03) to Mar. 2024 (12.19).

Lakshmi Machine Works Days Sales Outstanding Historical Data

The historical data trend for Lakshmi Machine Works'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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Lakshmi Machine Works Days Sales Outstanding Chart

Lakshmi Machine Works Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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36.19

31.09

29.32

21.46

14.08

Lakshmi Machine Works Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															24.03	16.29	18.10	21.89	12.19

Competitive Comparison of Lakshmi Machine Works's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Lakshmi Machine Works'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.

Lakshmi Machine Works's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lakshmi Machine Works's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Lakshmi Machine Works's Days Sales Outstanding falls into.

Lakshmi Machine Works 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.

Lakshmi Machine Works'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
=	( (2325.611	+	1296.5)	/	2 )	/	46958.6	*	365
=	1811.0555					/	46958.6	*	365
=	14.08

Lakshmi Machine Works's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0	+	1296.5)	/	1 )	/	9706.5	*	365 / 4
=	1296.5					/	9706.5	*	365 / 4
=	12.19

Lakshmi Machine Works (BOM:500252) Days Sales Outstanding Explanation

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

Lakshmi Machine Works Days Sales Outstanding Related Terms

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Lakshmi Machine Works (BOM:500252) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lakshmi Machine Works Ltd (BOM:500252) » Definitions » Days Sales Outstanding

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LAXMIMACH:India

Address

34-A, Kamaraj Road, Coimbatore, TN, IND, 641018

Website

https://www.lmwglobal.com

Lakshmi Machine Works Ltd is a machinery maker. The company is organized into three primary segments: a textile machinery division, a machine tool/foundry division, and an advanced technology center for aerospace parts and components. The company's textile machinery products include card sliver systems, combing systems, ring spinning systems, and related components. The company's machine tool products include CNC lathes, machining centers, and other high-tech machine tools. The company's foundry division manufactures ductile and grey iron castings. In addition, the company manufactures structural parts, engine and landing gear parts, sheet metal fabrications, and so on. It generates almost all of its revenue from the Indian domestic market.

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