Anand Rayons (BOM:542721) Days Sales Outstanding : 40.21 (As of Mar. 2024)

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What is Anand Rayons Days Sales Outstanding?

Anand Rayons's average Accounts Receivable for the three months ended in Mar. 2024 was ₹417 Mil. Anand Rayons's Revenue for the three months ended in Mar. 2024 was ₹946 Mil. Hence, Anand Rayons's Days Sales Outstanding for the three months ended in Mar. 2024 was 40.21.

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

BOM:542721' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.25 Med: 61.91 Max: 78.9
Current: 52.73

During the past 9 years, Anand Rayons's highest Days Sales Outstanding was 78.90. The lowest was 50.25. And the median was 61.91.

BOM:542721's Days Sales Outstanding is ranked better than
51.27% of 1026 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.38 vs BOM:542721: 52.73

Anand Rayons's Days Sales Outstanding declined from Mar. 2023 (56.54) to Mar. 2024 (40.21).

Anand Rayons Days Sales Outstanding Historical Data

The historical data trend for Anand Rayons'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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Anand Rayons Days Sales Outstanding Chart

Anand Rayons Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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66.19

78.90

60.63

61.91

50.25

Anand Rayons Quarterly Data
	Mar16	Mar17	Mar18	Jan19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															56.54	65.40	58.61	54.44	40.21

Competitive Comparison of Anand Rayons's Days Sales Outstanding

For the Textile Manufacturing subindustry, Anand Rayons'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.

Anand Rayons's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Anand Rayons's Days Sales Outstanding falls into.

Anand Rayons 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.

Anand Rayons'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
=	( (531.141	+	416.808)	/	2 )	/	3442.554	*	365
=	473.9745					/	3442.554	*	365
=	50.25

Anand Rayons'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	+	416.808)	/	1 )	/	945.883	*	365 / 4
=	416.808					/	945.883	*	365 / 4
=	40.21

Anand Rayons (BOM:542721) Days Sales Outstanding Explanation

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

Anand Rayons Days Sales Outstanding Related Terms

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Anand Rayons (BOM:542721) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Anand Rayons Ltd (BOM:542721) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Ring Road, 305-306, Jay Sagar Complex, Opposite Sub Jail, Khatodara, Surat, GJ, IND, 395002

Website

https://www.anandrayons.com

Anand Rayons Ltd is engaged in the trading of different types of yarns and thread. It offers products in the categories of Polyester Yarn, Nylon Yarn, Embroidery yarn, and Jari. The company earns revenue from sale of traded goods and commission.

Anand Rayons (BOM:542721) Headlines

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