Gini Silk Mills (BOM:531744) Days Sales Outstanding : 90.73 (As of Dec. 2023)

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What is Gini Silk Mills Days Sales Outstanding?

Gini Silk Mills's average Accounts Receivable for the three months ended in Dec. 2023 was ₹104.4 Mil. Gini Silk Mills's Revenue for the three months ended in Dec. 2023 was ₹105.0 Mil. Hence, Gini Silk Mills's Days Sales Outstanding for the three months ended in Dec. 2023 was 90.73.

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

BOM:531744' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.98 Med: 63.21 Max: 123.94
Current: 74.09

During the past 13 years, Gini Silk Mills's highest Days Sales Outstanding was 123.94. The lowest was 40.98. And the median was 63.21.

BOM:531744's Days Sales Outstanding is ranked worse than
70.47% of 1026 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.38 vs BOM:531744: 74.09

Gini Silk Mills's Days Sales Outstanding increased from Dec. 2022 (71.29) to Dec. 2023 (90.73).

Gini Silk Mills Days Sales Outstanding Historical Data

The historical data trend for Gini Silk 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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Gini Silk Mills Days Sales Outstanding Chart

Gini Silk Mills Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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79.63

72.01

123.94

69.07

59.98

Gini Silk Mills 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															71.29	60.79	75.79	81.25	90.73

Competitive Comparison of Gini Silk Mills's Days Sales Outstanding

For the Textile Manufacturing subindustry, Gini Silk 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.

Gini Silk Mills's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Gini Silk 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.

Gini Silk Mills'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
=	( (69.615	+	82.179)	/	2 )	/	461.837	*	365
=	75.897					/	461.837	*	365
=	59.98

Gini Silk Mills'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
=	( (104.362	+	0)	/	1 )	/	104.956	*	365 / 4
=	104.362					/	104.956	*	365 / 4
=	90.73

Gini Silk Mills (BOM:531744) Days Sales Outstanding Explanation

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

Gini Silk Mills Days Sales Outstanding Related Terms

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Gini Silk Mills (BOM:531744) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gini Silk Mills Ltd (BOM:531744) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

J. R. Boricha Marg, 413, Tantia Jogani Industrial Estate Premises, Opposite Kasturba Hospital, Sitaram Mill Compound, Lower Parel (East), Mumbai, MH, IND, 400011

Website

https://www.ginitex.com

Gini Silk Mills Ltd is engaged in the textile industry. It offers fabrics including cotton, linens, polyester viscose blends and cotton blends in plains, twills and dobby designs in different finishes. The company provides miniature boxes with combinations of pant and shirt pieces, safaris, and suit lengths for gifting purposes. The company generates the majority of its revenue from the sale of fabrics.

Gini Silk Mills (BOM:531744) Headlines

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