Banswara Syntex (BOM:503722) Days Sales Outstanding : 55.11 (As of Mar. 2024)

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What is Banswara Syntex Days Sales Outstanding?

Banswara Syntex's average Accounts Receivable for the three months ended in Mar. 2024 was ₹2,074 Mil. Banswara Syntex's Revenue for the three months ended in Mar. 2024 was ₹3,434 Mil. Hence, Banswara Syntex's Days Sales Outstanding for the three months ended in Mar. 2024 was 55.11.

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

BOM:503722' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.59 Med: 45.6 Max: 60.57
Current: 58.06

During the past 13 years, Banswara Syntex's highest Days Sales Outstanding was 60.57. The lowest was 37.59. And the median was 45.60.

BOM:503722's Days Sales Outstanding is ranked worse than
55.95% of 1026 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.38 vs BOM:503722: 58.06

Banswara Syntex's Days Sales Outstanding increased from Mar. 2023 (52.46) to Mar. 2024 (55.11).

Banswara Syntex Days Sales Outstanding Historical Data

The historical data trend for Banswara Syntex'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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Banswara Syntex Days Sales Outstanding Chart

Banswara Syntex Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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43.63

59.90

37.59

41.23

60.57

Banswara Syntex Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															52.46	64.00	53.08	55.43	55.11

Competitive Comparison of Banswara Syntex's Days Sales Outstanding

For the Textile Manufacturing subindustry, Banswara Syntex'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.

Banswara Syntex's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Banswara Syntex's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Banswara Syntex's Days Sales Outstanding falls into.

Banswara Syntex 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.

Banswara Syntex'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
=	( (2121.279	+	2073.711)	/	2 )	/	12638.705	*	365
=	2097.495					/	12638.705	*	365
=	60.57

Banswara Syntex'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	+	2073.711)	/	1 )	/	3433.88	*	365 / 4
=	2073.711					/	3433.88	*	365 / 4
=	55.11

Banswara Syntex (BOM:503722) Days Sales Outstanding Explanation

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

Banswara Syntex Days Sales Outstanding Related Terms

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Banswara Syntex (BOM:503722) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Banswara Syntex Ltd (BOM:503722) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

BANSWRAS:India

Address

199, Princess Street, 4th/5th Floor, Gopal Bhawan, Mumbai, MH, IND, 400002

Website

https://www.banswarasyntex.com

Banswara Syntex Ltd operates in the textile industry. The core business of the company is the manufacturing and marketing of textile products. Its product offerings include spun synthetic blended yarn, wool, and wool mix yarn, spun synthetic and worsted fabrics, and cotton and linen fabrics besides readymade garments. The company also produces shirting and technical fabrics.

Banswara Syntex (BOM:503722) Headlines

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