Jet Knitwears (NSE:JETKNIT) Days Sales Outstanding : 146.94 (As of Mar. 2023)

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What is Jet Knitwears Days Sales Outstanding?

Jet Knitwears's average Accounts Receivable for the six months ended in Mar. 2023 was ₹141.3 Mil. Jet Knitwears's Revenue for the six months ended in Mar. 2023 was ₹175.5 Mil. Hence, Jet Knitwears's Days Sales Outstanding for the six months ended in Mar. 2023 was 146.94.

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

NSE:JETKNIT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 59.92 Med: 133.06 Max: 156.37
Current: 144.9

During the past 12 years, Jet Knitwears's highest Days Sales Outstanding was 156.37. The lowest was 59.92. And the median was 133.06.

NSE:JETKNIT's Days Sales Outstanding is ranked worse than
89.81% of 1030 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.035 vs NSE:JETKNIT: 144.90

Jet Knitwears's Days Sales Outstanding increased from Mar. 2022 (144.44) to Mar. 2023 (146.94).

Jet Knitwears Days Sales Outstanding Historical Data

The historical data trend for Jet Knitwears'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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Jet Knitwears Days Sales Outstanding Chart

Jet Knitwears Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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136.25

144.93

156.37

143.65

148.59

Jet Knitwears Semi-Annual Data
	Mar12	Mar13	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Days Sales Outstanding	Get a 7-Day Free Trial														156.17	151.94	144.44	139.47	146.94

Competitive Comparison of Jet Knitwears's Days Sales Outstanding

For the Apparel Manufacturing subindustry, Jet Knitwears'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.

Jet Knitwears's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Jet Knitwears's Days Sales Outstanding falls into.

Jet Knitwears 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.

Jet Knitwears'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
=	( (152.157	+	145.059)	/	2 )	/	365.035	*	365
=	148.608					/	365.035	*	365
=	148.59

Jet Knitwears'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: Sep. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (137.539	+	145.059)	/	2 )	/	175.492	*	365 / 2
=	141.299					/	175.492	*	365 / 2
=	146.94

Jet Knitwears (NSE:JETKNIT) Days Sales Outstanding Explanation

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

Jet Knitwears Days Sales Outstanding Related Terms

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Jet Knitwears (NSE:JETKNIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Jet Knitwears Ltd (NSE:JETKNIT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

119/410 B-1, Darshan Purwa, Kanpur, UP, IND, 208012

Website

https://www.jetlycot.com

Jet Knitwears Ltd is engaged in manufacturing of textile Items, other knitted and crocheted apparel including hosiery. It offers intimate garments for men, women, and children. The company's products include such as vests, briefs, brassiere, panties, socks, t-shirts and casual wears.

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