LT Foods (BOM:532783) Days Sales Outstanding : 29.72 (As of Mar. 2024)

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What is LT Foods Days Sales Outstanding?

LT Foods's average Accounts Receivable for the three months ended in Mar. 2024 was ₹6,758 Mil. LT Foods's Revenue for the three months ended in Mar. 2024 was ₹20,748 Mil. Hence, LT Foods's Days Sales Outstanding for the three months ended in Mar. 2024 was 29.72.

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

BOM:532783' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.72 Med: 42.83 Max: 50.97
Current: 30.72

During the past 13 years, LT Foods's highest Days Sales Outstanding was 50.97. The lowest was 30.72. And the median was 42.83.

BOM:532783's Days Sales Outstanding is ranked better than
62.89% of 1838 companies
in the Consumer Packaged Goods industry
Industry Median: 39.185 vs BOM:532783: 30.72

LT Foods's Days Sales Outstanding declined from Mar. 2023 (33.78) to Mar. 2024 (29.72).

LT Foods Days Sales Outstanding Historical Data

The historical data trend for LT Foods'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.

* Premium members only.

LT Foods Days Sales Outstanding Chart

LT Foods Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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50.97

42.68

37.18

33.83

31.70

LT Foods 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															33.78	34.61	28.26	28.79	29.72

Competitive Comparison of LT Foods's Days Sales Outstanding

For the Packaged Foods subindustry, LT Foods'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.

LT Foods's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, LT Foods's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where LT Foods's Days Sales Outstanding falls into.

LT Foods 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.

LT Foods'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
=	( (6743.535	+	6758.356)	/	2 )	/	77724.07	*	365
=	6750.9455					/	77724.07	*	365
=	31.70

LT Foods'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	+	6758.356)	/	1 )	/	20748.134	*	365 / 4
=	6758.356					/	20748.134	*	365 / 4
=	29.72

LT Foods (BOM:532783) Days Sales Outstanding Explanation

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

LT Foods Days Sales Outstanding Related Terms

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LT Foods (BOM:532783) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » LT Foods Ltd (BOM:532783) » Definitions » Days Sales Outstanding

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LTFOODS:India

Address

4th Floor, MVL- I Park, Sector- 15, Near 32nd Milestone, Gurugram, HR, IND, 122001

Website

http://www.ltgroup.in

LT Foods Ltd engages in the milling, processing and marketing of branded and non-branded basmati rice and manufacturing of rice food products. Its rice product portfolio comprises Brown rice, White rice, Steamed rice, Parboiled rice, Organic rice, Quick-cooking rice, Value-added rice and Flavored rice in the ready to cook segment. It operates contract farming, procurement, storage, processing, packaging and distribution; and also engages in the research and development of rice and rice food products. The business activity of the group falls within the reportable segment of Manufacture and storage of rice. It has a business presence in India, America, Europe and other countries. The company's brand profile includes Daawat, Royal, Heritage and Devaaya, among others.

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