Amarjothi Spinning Mills (BOM:521097) Days Sales Outstanding : 45.56 (As of Mar. 2024)

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What is Amarjothi Spinning Mills Days Sales Outstanding?

Amarjothi Spinning Mills's average Accounts Receivable for the three months ended in Mar. 2024 was ₹408 Mil. Amarjothi Spinning Mills's Revenue for the three months ended in Mar. 2024 was ₹817 Mil. Hence, Amarjothi Spinning Mills's Days Sales Outstanding for the three months ended in Mar. 2024 was 45.56.

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

BOM:521097' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.93 Med: 49.73 Max: 83.13
Current: 63.29

During the past 13 years, Amarjothi Spinning Mills's highest Days Sales Outstanding was 83.13. The lowest was 35.93. And the median was 49.73.

BOM:521097's Days Sales Outstanding is ranked worse than
60.72% of 1026 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.38 vs BOM:521097: 63.29

Amarjothi Spinning Mills's Days Sales Outstanding increased from Mar. 2023 (40.13) to Mar. 2024 (45.56).

Amarjothi Spinning Mills Days Sales Outstanding Historical Data

The historical data trend for Amarjothi Spinning Mills'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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Amarjothi Spinning Mills Days Sales Outstanding Chart

Amarjothi Spinning Mills Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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50.71

50.42

47.51

60.92

83.13

Amarjothi Spinning Mills 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															40.13	64.56	58.99	63.81	45.56

Competitive Comparison of Amarjothi Spinning Mills's Days Sales Outstanding

For the Textile Manufacturing subindustry, Amarjothi Spinning Mills'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.

Amarjothi Spinning Mills's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Amarjothi Spinning Mills's Days Sales Outstanding falls into.

Amarjothi Spinning Mills 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.

Amarjothi Spinning Mills'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
=	( (342.098	+	577.57)	/	2 )	/	2018.909	*	365
=	459.834					/	2018.909	*	365
=	83.13

Amarjothi Spinning Mills'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
=	( (238.708	+	577.57)	/	2 )	/	817.368	*	365 / 4
=	408.139					/	817.368	*	365 / 4
=	45.56

Amarjothi Spinning Mills (BOM:521097) Days Sales Outstanding Explanation

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

Amarjothi Spinning Mills Days Sales Outstanding Related Terms

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Amarjothi Spinning Mills (BOM:521097) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Amarjothi Spinning Mills Ltd (BOM:521097) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

157, Kumaran Road, Amarjothi House, Tirupur, TN, IND, 641601

Website

http://www.amarjothi.net

Amarjothi Spinning Mills Ltd is engaged in the spinning, dyeing, and blending of yarn. The company owns windmills for captive consumption purposes. Further, it offers blended melange yarns products such as cotton, viscose, polyester, modal, synthetic fiber, man-made fiber, bamboo, flax, and slub yarns, as well as non-blended melange yarns and melange shades. Geographically business activity of the firm is operated through the regions of India and derives revenue from the sale of products.

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