Swasti Vinayaka Synthetics (BOM:510245) Days Sales Outstanding : 74.67 (As of Dec. 2023)

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What is Swasti Vinayaka Synthetics Days Sales Outstanding?

Swasti Vinayaka Synthetics's average Accounts Receivable for the three months ended in Dec. 2023 was ₹88.3 Mil. Swasti Vinayaka Synthetics's Revenue for the three months ended in Dec. 2023 was ₹108.0 Mil. Hence, Swasti Vinayaka Synthetics's Days Sales Outstanding for the three months ended in Dec. 2023 was 74.67.

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

BOM:510245' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.15 Med: 78.44 Max: 175.45
Current: 96.53

During the past 13 years, Swasti Vinayaka Synthetics's highest Days Sales Outstanding was 175.45. The lowest was 54.15. And the median was 78.44.

BOM:510245's Days Sales Outstanding is ranked worse than
80.96% of 1024 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.25 vs BOM:510245: 96.53

Swasti Vinayaka Synthetics's Days Sales Outstanding declined from Dec. 2022 (129.44) to Dec. 2023 (74.67).

Swasti Vinayaka Synthetics Days Sales Outstanding Historical Data

The historical data trend for Swasti Vinayaka Synthetics'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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Swasti Vinayaka Synthetics Days Sales Outstanding Chart

Swasti Vinayaka Synthetics Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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94.46

111.19

175.45

126.96

111.73

Swasti Vinayaka Synthetics 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															129.44	96.21	142.66	113.75	74.67

Competitive Comparison of Swasti Vinayaka Synthetics's Days Sales Outstanding

For the Apparel Manufacturing subindustry, Swasti Vinayaka Synthetics'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.

Swasti Vinayaka Synthetics's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Swasti Vinayaka Synthetics's Days Sales Outstanding falls into.

Swasti Vinayaka Synthetics 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.

Swasti Vinayaka Synthetics'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
=	( (72.849	+	91.367)	/	2 )	/	268.23	*	365
=	82.108					/	268.23	*	365
=	111.73

Swasti Vinayaka Synthetics'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
=	( (88.34	+	0)	/	1 )	/	107.956	*	365 / 4
=	88.34					/	107.956	*	365 / 4
=	74.67

Swasti Vinayaka Synthetics (BOM:510245) Days Sales Outstanding Explanation

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

Swasti Vinayaka Synthetics Days Sales Outstanding Related Terms

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Swasti Vinayaka Synthetics (BOM:510245) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Swasti Vinayaka Synthetics Ltd (BOM:510245) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

J.R. Boricha Marg, 306, Tantia Jogani Industrial Estate, Next to Lodha Bellissimo, Lower Parel, Mumbai, MH, IND, 400 011

Website

http://www.swastivinayaka.com

Swasti Vinayaka Synthetics Ltd is a manufacturer of suiting, shirting, and apparels including cotton, cotton-blended, and linen designer shirting. The company has weaving facilities that comprise Somet Super Excel Looms, yarn doublers, and stitching facilities at its plants located at Tarapur and Palghar in Maharashtra. Its products are sold directly to retail chains, the readymade garment sector, garment exporters, and corporate houses. The company supplies salwar kameez and tunics and designs bridal and formal ethnic wear for its boutique. Its shirting fabrics comprising of cotton, linen, lycra, polyester, viscose, and their blends.

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