Thangamayil Jewellery (BOM:533158) Days Sales Outstanding : 0.40 (As of Mar. 2024)

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What is Thangamayil Jewellery Days Sales Outstanding?

Thangamayil Jewellery's average Accounts Receivable for the three months ended in Mar. 2024 was ₹43 Mil. Thangamayil Jewellery's Revenue for the three months ended in Mar. 2024 was ₹9,812 Mil. Hence, Thangamayil Jewellery's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.40.

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

BOM:533158' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.07 Med: 0.28 Max: 0.44
Current: 0.39

During the past 13 years, Thangamayil Jewellery's highest Days Sales Outstanding was 0.44. The lowest was 0.07. And the median was 0.28.

BOM:533158's Days Sales Outstanding is ranked better than
98.89% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 17.86 vs BOM:533158: 0.39

Thangamayil Jewellery's Days Sales Outstanding increased from Mar. 2023 (0.38) to Mar. 2024 (0.40).

Thangamayil Jewellery Days Sales Outstanding Historical Data

The historical data trend for Thangamayil Jewellery'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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Thangamayil Jewellery Days Sales Outstanding Chart

Thangamayil Jewellery Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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0.25

0.27

0.43

0.34

0.35

Thangamayil Jewellery 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															0.38	0.30	0.44	0.49	0.40

Competitive Comparison of Thangamayil Jewellery's Days Sales Outstanding

For the Luxury Goods subindustry, Thangamayil Jewellery'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.

Thangamayil Jewellery's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Thangamayil Jewellery's Days Sales Outstanding distribution charts can be found below:

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

Thangamayil Jewellery 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.

Thangamayil Jewellery'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
=	( (31.7	+	42.6)	/	2 )	/	38267.8	*	365
=	37.15					/	38267.8	*	365
=	0.35

Thangamayil Jewellery'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	+	42.6)	/	1 )	/	9811.7	*	365 / 4
=	42.6					/	9811.7	*	365 / 4
=	0.40

Thangamayil Jewellery (BOM:533158) Days Sales Outstanding Explanation

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

Thangamayil Jewellery Days Sales Outstanding Related Terms

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Thangamayil Jewellery (BOM:533158) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Thangamayil Jewellery Ltd (BOM:533158) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

THANGAMAYL:India

Address

New Natham Main Road, No. 25/6, Palamicenter, 2nd and 3rd Floor, Nera Ramakrishna Mutt, Narayanapuram, Madurai, TN, IND, 625014

Website

https://www.thangamayil.com

Thangamayil Jewellery Ltd is in the Jewellery business. The company is engaged in gold, diamond, silver, and other precious metals. It operates a retail jewelry store across several districts in the Indian state of Tamil Nadu. Its jewelry products include Bangles, Bracelets, Rings, Coins, Articles, Dinner sets, Earrings, Pendants, Necklace, Anklets and Chains. Additionally, it also offers various savings schemes to its customers to invest in gold jewelry for the long run.

Thangamayil Jewellery (BOM:533158) Headlines

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