Shekhawati Poly-Yarn (BOM:533301) Days Sales Outstanding : 32.72 (As of Mar. 2024)

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What is Shekhawati Poly-Yarn Days Sales Outstanding?

Shekhawati Poly-Yarn's average Accounts Receivable for the three months ended in Mar. 2024 was ₹118.9 Mil. Shekhawati Poly-Yarn's Revenue for the three months ended in Mar. 2024 was ₹331.6 Mil. Hence, Shekhawati Poly-Yarn's Days Sales Outstanding for the three months ended in Mar. 2024 was 32.72.

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

BOM:533301' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.53 Med: 38.37 Max: 153.22
Current: 63.95

During the past 13 years, Shekhawati Poly-Yarn's highest Days Sales Outstanding was 153.22. The lowest was 11.53. And the median was 38.37.

BOM:533301's Days Sales Outstanding is ranked worse than
61.5% of 1026 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.38 vs BOM:533301: 63.95

Shekhawati Poly-Yarn's Days Sales Outstanding declined from Mar. 2023 (39.61) to Mar. 2024 (32.72).

Shekhawati Poly-Yarn Days Sales Outstanding Historical Data

The historical data trend for Shekhawati Poly-Yarn'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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Shekhawati Poly-Yarn Days Sales Outstanding Chart

Shekhawati Poly-Yarn Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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16.56

46.08

11.53

22.78

74.18

Shekhawati Poly-Yarn 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															39.61	112.84	56.13	63.69	32.72

Competitive Comparison of Shekhawati Poly-Yarn's Days Sales Outstanding

For the Textile Manufacturing subindustry, Shekhawati Poly-Yarn'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.

Shekhawati Poly-Yarn's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Shekhawati Poly-Yarn's Days Sales Outstanding falls into.

Shekhawati Poly-Yarn 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.

Shekhawati Poly-Yarn'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
=	( (193.03	+	118.917)	/	2 )	/	767.506	*	365
=	155.9735					/	767.506	*	365
=	74.18

Shekhawati Poly-Yarn'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	+	118.917)	/	1 )	/	331.644	*	365 / 4
=	118.917					/	331.644	*	365 / 4
=	32.72

Shekhawati Poly-Yarn (BOM:533301) Days Sales Outstanding Explanation

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

Shekhawati Poly-Yarn Days Sales Outstanding Related Terms

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Shekhawati Poly-Yarn (BOM:533301) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shekhawati Poly-Yarn Ltd (BOM:533301) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

SPYL:India

Address

Off. Western Express Highway, Express Zone, 'A' Wing, Unit No. 1102/1103, Patel Vatika, Malad (East), Mumbai, MH, IND, 400 097

Website

https://www.shekhawatiyarn.com

Shekhawati Poly-Yarn Ltd is engaged in the business of manufacturing of texturizing yarn, twisting yarn and knitted fabrics. The Company operates through the textile business segment. The firm engages in the manufacture of polyester texturized yarn and fancy yarn used for suiting, shirting, dress materials, sarees, hosiery, knitted fabric, zipper fastener, curtain, industrial cloth, and upholstery. The company caters to both domestic and international markets.

Shekhawati Poly-Yarn (BOM:533301) Headlines

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