Garment Mantra Lifestlye (BOM:539216) Days Sales Outstanding : 73.38 (As of Sep. 2023)

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What is Garment Mantra Lifestlye Days Sales Outstanding?

Garment Mantra Lifestlye's average Accounts Receivable for the three months ended in Sep. 2023 was ₹266 Mil. Garment Mantra Lifestlye's Revenue for the three months ended in Sep. 2023 was ₹331 Mil. Hence, Garment Mantra Lifestlye's Days Sales Outstanding for the three months ended in Sep. 2023 was 73.38.

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

BOM:539216' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.24 Med: 57.99 Max: 79.94
Current: 74.53

During the past 9 years, Garment Mantra Lifestlye's highest Days Sales Outstanding was 79.94. The lowest was 40.24. And the median was 57.99.

BOM:539216's Days Sales Outstanding is ranked worse than
70.78% of 1030 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.035 vs BOM:539216: 74.53

Garment Mantra Lifestlye's Days Sales Outstanding increased from Sep. 2022 (68.76) to Sep. 2023 (73.38).

Garment Mantra Lifestlye Days Sales Outstanding Historical Data

The historical data trend for Garment Mantra Lifestlye'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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Garment Mantra Lifestlye Days Sales Outstanding Chart

Garment Mantra Lifestlye Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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44.68

72.63

61.83

57.99

79.94

Garment Mantra Lifestlye Quarterly Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															68.76	86.36	57.21	145.19	73.38

Competitive Comparison of Garment Mantra Lifestlye's Days Sales Outstanding

For the Apparel Manufacturing subindustry, Garment Mantra Lifestlye'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.

Garment Mantra Lifestlye's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Garment Mantra Lifestlye's Days Sales Outstanding falls into.

Garment Mantra Lifestlye 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.

Garment Mantra Lifestlye'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
=	( (318.375	+	434.952)	/	2 )	/	1719.743	*	365
=	376.6635					/	1719.743	*	365
=	79.94

Garment Mantra Lifestlye's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0	+	266.204)	/	1 )	/	331.047	*	365 / 4
=	266.204					/	331.047	*	365 / 4
=	73.38

Garment Mantra Lifestlye (BOM:539216) Days Sales Outstanding Explanation

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

Garment Mantra Lifestlye Days Sales Outstanding Related Terms

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Garment Mantra Lifestlye (BOM:539216) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Garment Mantra Lifestlye Ltd (BOM:539216) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Karia Gounder Street, No. 15, Murthy’s Plaza, Khaderpet, Tirupur, TN, IND, 641601

Website

https://www.junctionfabrics.in

Garment Mantra Lifestlye Ltd is engaged in the business of garment manufacturing and selling of knitted fabric and garments. Geographically, it derives a majority of its revenue from the Domestic market. The products are manufactured for kids, men's, and women's wear. Some of its products are Polo T-Shirts, Round Neck T-Shirts, Sweatshirts, Nightwear, Leggings, Yoga wear, Girls Sleepwear, and others.

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