Trident Texofab (BOM:540726) Days Sales Outstanding : 110.92 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Trident Texofab Days Sales Outstanding?

Trident Texofab's average Accounts Receivable for the three months ended in Mar. 2024 was ₹366.7 Mil. Trident Texofab's Revenue for the three months ended in Mar. 2024 was ₹301.7 Mil. Hence, Trident Texofab's Days Sales Outstanding for the three months ended in Mar. 2024 was 110.92.

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

BOM:540726' s Days Sales Outstanding Range Over the Past 10 Years
Min: 99.55 Med: 123.44 Max: 207.3
Current: 135.72

During the past 12 years, Trident Texofab's highest Days Sales Outstanding was 207.30. The lowest was 99.55. And the median was 123.44.

BOM:540726's Days Sales Outstanding is ranked worse than
88.6% of 1026 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.38 vs BOM:540726: 135.72

Trident Texofab's Days Sales Outstanding declined from Mar. 2023 (130.78) to Mar. 2024 (110.92).

Trident Texofab Days Sales Outstanding Historical Data

The historical data trend for Trident Texofab'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.

Trident Texofab Days Sales Outstanding Chart

Trident Texofab Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

Get a 7-Day Free Trial

112.02

207.30

132.35

122.59

129.42

Trident Texofab 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															130.78	133.81	158.98	160.31	110.92

Competitive Comparison of Trident Texofab's Days Sales Outstanding

For the Textile Manufacturing subindustry, Trident Texofab'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.

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

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

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

Trident Texofab 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.

Trident Texofab'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
=	( (338.73	+	366.734)	/	2 )	/	994.834	*	365
=	352.732					/	994.834	*	365
=	129.42

Trident Texofab'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	+	366.734)	/	1 )	/	301.712	*	365 / 4
=	366.734					/	301.712	*	365 / 4
=	110.92

Trident Texofab (BOM:540726) Days Sales Outstanding Explanation

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

Trident Texofab Days Sales Outstanding Related Terms

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

Trident Texofab (BOM:540726) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Trident Texofab Ltd (BOM:540726) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Ring Road, Nodh-4/1650, Sahara Darwaja, 2004, 2nd Floor, North Extension, Falsawadi, Begumpura, Surat, GJ, IND, 395003

Website

https://www.tridenttexofab.com

Trident Texofab Ltd is a multi-product fabric trading company. The company is engaged in the business of manufacturing & Wholesale Trading of Textile Fabric Cloth. The company's products offering includes curtains, shower curtains, cushion covers, pillows and Bed sheets. It operates through the Textile Fabric Cloth segment.

Trident Texofab (BOM:540726) Headlines

No Headlines