Flair Writing Industries (BOM:544030) Days Sales Outstanding : 62.16 (As of Mar. 2023)

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What is Flair Writing Industries Days Sales Outstanding?

Flair Writing Industries's average Accounts Receivable for the six months ended in Mar. 2023 was ₹1,588 Mil. Flair Writing Industries's Revenue for the six months ended in Mar. 2023 was ₹9,326 Mil. Hence, Flair Writing Industries's Days Sales Outstanding for the six months ended in Mar. 2023 was 31.08.

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

BOM:544030' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.36 Med: 73.24 Max: 147.35
Current: 62.16

During the past 5 years, Flair Writing Industries's highest Days Sales Outstanding was 147.35. The lowest was 48.36. And the median was 73.24.

BOM:544030's Days Sales Outstanding is ranked better than
68.36% of 2958 companies
in the Industrial Products industry
Industry Median: 79.615 vs BOM:544030: 62.16

Flair Writing Industries's Days Sales Outstanding declined from Mar. 2021 (147.35) to Mar. 2023 (62.16).

Flair Writing Industries Days Sales Outstanding Historical Data

The historical data trend for Flair Writing Industries'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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Flair Writing Industries Days Sales Outstanding Chart

Flair Writing Industries Annual Data

Trend

Mar17

Mar18

Mar21

Mar22

Mar23

Days Sales Outstanding

48.36

147.35

84.31

62.16

Flair Writing Industries Semi-Annual Data
	Mar17	Mar18	Mar21	Mar22	Mar23
Days Sales Outstanding	-	48.36	147.35	84.31	62.16

Competitive Comparison of Flair Writing Industries's Days Sales Outstanding

For the Business Equipment & Supplies subindustry, Flair Writing Industries'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.

Flair Writing Industries's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Flair Writing Industries's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Flair Writing Industries's Days Sales Outstanding falls into.

Flair Writing Industries 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.

Flair Writing Industries'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
=	( (1469.7	+	1706.71)	/	2 )	/	9325.88	*	365
=	1588.205					/	9325.88	*	365
=	62.16

Flair Writing Industries's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding (Q: 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
=	( (1469.7	+	1706.71)	/	2 )	/	9325.88	*	365 / 2
=	1588.205					/	9325.88	*	365 / 2
=	31.08

Flair Writing Industries (BOM:544030) Days Sales Outstanding Explanation

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

Flair Writing Industries Days Sales Outstanding Related Terms

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Flair Writing Industries (BOM:544030) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Flair Writing Industries Ltd (BOM:544030) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

FLAIR:India

Address

63 B/C, Government Industrial Estate, Charkop, Kandivali West, Mumbai, MH, IND, 400 067

Website

https://www.flairworld.in

Flair Writing Industries Ltd is engaged in manufacturing pens and other products. It manufactures and distributes several brands in India and due to its ability to manufacture quality products and its distribution and retail capabilities, It is able to partner with various international brands in the writing instruments industry. Its products are sold under its Flair brand, its principal brands Hauser and Pierre Cardin and It has recently introduced ZOOX in India. Its products include ball pens, fountain pens, gel pens, roller pens and metal pens, mechanical pencils, highlighters, correction pens, markers, gel crayons, colouring range, erasers, geometry boxes and kids stationery kits, and calculators.

Flair Writing Industries (BOM:544030) Headlines

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