A.K. Spintex (BOM:539300) Days Sales Outstanding : 65.67 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is A.K. Spintex Days Sales Outstanding?

A.K. Spintex's average Accounts Receivable for the three months ended in Dec. 2023 was ₹204.5 Mil. A.K. Spintex's Revenue for the three months ended in Dec. 2023 was ₹284.2 Mil. Hence, A.K. Spintex's Days Sales Outstanding for the three months ended in Dec. 2023 was 65.67.

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

BOM:539300' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.51 Med: 77.46 Max: 111.25
Current: 86.38

During the past 8 years, A.K. Spintex's highest Days Sales Outstanding was 111.25. The lowest was 66.51. And the median was 77.46.

BOM:539300's Days Sales Outstanding is ranked worse than
76.58% of 1029 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.41 vs BOM:539300: 86.38

A.K. Spintex's Days Sales Outstanding increased from Sep. 2022 (65.46) to Dec. 2023 (65.67).

A.K. Spintex Days Sales Outstanding Historical Data

The historical data trend for A.K. Spintex'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.

A.K. Spintex Days Sales Outstanding Chart

A.K. Spintex Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Days Sales Outstanding

Get a 7-Day Free Trial

77.69

82.10

84.89

111.25

74.81

A.K. Spintex 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															65.46	67.90	-	66.77	65.67

Competitive Comparison of A.K. Spintex's Days Sales Outstanding

For the Textile Manufacturing subindustry, A.K. Spintex'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.

A.K. Spintex's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where A.K. Spintex's Days Sales Outstanding falls into.

A.K. Spintex 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.

A.K. Spintex'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
=	( (145.654	+	152.158)	/	2 )	/	726.508	*	365
=	148.906					/	726.508	*	365
=	74.81

A.K. Spintex'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
=	( (204.542	+	0)	/	1 )	/	284.213	*	365 / 4
=	204.542					/	284.213	*	365 / 4
=	65.67

A.K. Spintex (BOM:539300) Days Sales Outstanding Explanation

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

A.K. Spintex Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of A.K. Spintex's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

A.K. Spintex (BOM:539300) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » A.K. Spintex Ltd (BOM:539300) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

14th K.M. Stone, Chittorgarh Road Village, Biliya Kalan, Bhilwara, RJ, IND, 311001

Website

http://www.akspintex.com

A.K. Spintex Ltd is an India-based company which ventures in the textile sector and engages in the business of man-made fabric processing. The company is mainly engaged in the processing of grey fabrics.

A.K. Spintex (BOM:539300) Headlines

No Headlines