Abhishek (BOM:532831) Days Sales Outstanding : 17.09 (As of Dec. 2023)

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What is Abhishek Days Sales Outstanding?

Abhishek's average Accounts Receivable for the three months ended in Dec. 2023 was ₹1.67 Mil. Abhishek's Revenue for the three months ended in Dec. 2023 was ₹8.93 Mil. Hence, Abhishek's Days Sales Outstanding for the three months ended in Dec. 2023 was 17.09.

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

BOM:532831' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.42 Med: 102.12 Max: 1185.01
Current: 7.42

During the past 13 years, Abhishek's highest Days Sales Outstanding was 1185.01. The lowest was 7.42. And the median was 102.12.

BOM:532831's Days Sales Outstanding is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 53.32 vs BOM:532831: 7.42

Abhishek's Days Sales Outstanding increased from Sep. 2022 (11.54) to Dec. 2023 (17.09).

Abhishek Days Sales Outstanding Historical Data

The historical data trend for Abhishek'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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Abhishek Days Sales Outstanding Chart

Abhishek Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Days Sales Outstanding

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111.40

56.36

88.95

64.00

37.64

Abhishek Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															11.54	3.33	-	7.76	17.09

Competitive Comparison of Abhishek's Days Sales Outstanding

For the Textile Manufacturing subindustry, Abhishek'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.

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

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

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

Abhishek 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.

Abhishek's Days Sales Outstanding for the fiscal year that ended in Mar. 2022 is calculated as

	Days Sales Outstanding (A: Mar. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2021 )	+	Accounts Receivable (A: Mar. 2022 ))	/	count )	/	Revenue (A: Mar. 2022 )	*	Days in Period
=	( (30.504	+	25.525)	/	2 )	/	271.655	*	365
=	28.0145					/	271.655	*	365
=	37.64

Abhishek'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
=	( (1.672	+	0)	/	1 )	/	8.927	*	365 / 4
=	1.672					/	8.927	*	365 / 4
=	17.09

Abhishek (BOM:532831) Days Sales Outstanding Explanation

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

Abhishek Days Sales Outstanding Related Terms

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Abhishek (BOM:532831) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Abhishek Corp Ltd (BOM:532831) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Kolhapur-Hupari Road, Gat No. 148, Tamgaon, Taluka Karveer, Kolhapur, MH, IND, 416234

Website

https://www.abhishekcorporation.com

Abhishek Corp Ltd is engaged in the textile business. The company manufactures cotton yarn and dyed yarn shirting fabrics. It produces specialty yarns for various uses in weaving, as well as knitting applications. The bulk of its production goes for yarn dyed fabric varieties.

Abhishek (BOM:532831) Headlines

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