Arex Industries (BOM:526851) Days Sales Outstanding : 64.76 (As of Mar. 2024)

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What is Arex Industries Days Sales Outstanding?

Arex Industries's average Accounts Receivable for the three months ended in Mar. 2024 was ₹95.6 Mil. Arex Industries's Revenue for the three months ended in Mar. 2024 was ₹134.8 Mil. Hence, Arex Industries's Days Sales Outstanding for the three months ended in Mar. 2024 was 64.76.

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

BOM:526851' s Days Sales Outstanding Range Over the Past 10 Years
Min: 63.35 Med: 75.19 Max: 99.27
Current: 84.58

During the past 13 years, Arex Industries's highest Days Sales Outstanding was 99.27. The lowest was 63.35. And the median was 75.19.

BOM:526851's Days Sales Outstanding is ranked worse than
75.83% of 1026 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.38 vs BOM:526851: 84.58

Arex Industries's Days Sales Outstanding declined from Dec. 2022 (77.41) to Mar. 2024 (64.76).

Arex Industries Days Sales Outstanding Historical Data

The historical data trend for Arex Industries'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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Arex Industries Days Sales Outstanding Chart

Arex Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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81.93

99.27

71.30

71.28

63.35

Arex Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															77.41	68.40	63.63	-	64.76

Competitive Comparison of Arex Industries's Days Sales Outstanding

For the Textile Manufacturing subindustry, Arex Industries'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.

Arex Industries's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Arex Industries's Days Sales Outstanding falls into.

Arex Industries 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.

Arex Industries'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
=	( (81.447	+	95.628)	/	2 )	/	510.108	*	365
=	88.5375					/	510.108	*	365
=	63.35

Arex Industries'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	+	95.628)	/	1 )	/	134.754	*	365 / 4
=	95.628					/	134.754	*	365 / 4
=	64.76

Arex Industries (BOM:526851) Days Sales Outstanding Explanation

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

Arex Industries Days Sales Outstanding Related Terms

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Arex Industries (BOM:526851) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Arex Industries Ltd (BOM:526851) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

612, G.I.D.C Industrial Estate, Chhatral, Taluka Kalol, Gandhinagar, GJ, IND, 382729

Website

https://www.arex.co.in

Arex Industries Ltd is an India-based company, which is engaged in the manufacturing of textile materials. The firm engages in the manufacturing of woven and printed labels. Its product offerings include end fold, centerfold, miter fold, Manhattan fold, starched, laser cut, specially coated, self-adhesive, thermo adhesive, die cut, filled in, and comfort soft labels. The operating segment of the company is the Manufacturing and Sale of Labels.

Arex Industries (BOM:526851) Headlines

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