Mittal Life Style (NSE:MITTAL) Days Sales Outstanding : 119.80 (As of Mar. 2024)

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What is Mittal Life Style Days Sales Outstanding?

Mittal Life Style's average Accounts Receivable for the three months ended in Mar. 2024 was ₹220.8 Mil. Mittal Life Style's Revenue for the three months ended in Mar. 2024 was ₹168.2 Mil. Hence, Mittal Life Style's Days Sales Outstanding for the three months ended in Mar. 2024 was 119.80.

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

NSE:MITTAL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.66 Med: 76.65 Max: 164.34
Current: 118.51

During the past 12 years, Mittal Life Style's highest Days Sales Outstanding was 164.34. The lowest was 52.66. And the median was 76.65.

NSE:MITTAL's Days Sales Outstanding is ranked worse than
85.77% of 1026 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.38 vs NSE:MITTAL: 118.51

Mittal Life Style's Days Sales Outstanding increased from Mar. 2023 (91.77) to Mar. 2024 (119.80).

Mittal Life Style Days Sales Outstanding Historical Data

The historical data trend for Mittal Life Style'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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Mittal Life Style Days Sales Outstanding Chart

Mittal Life Style Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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83.52

164.34

113.21

81.66

108.09

Mittal Life Style 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															91.77	105.66	109.30	171.54	119.80

Competitive Comparison of Mittal Life Style's Days Sales Outstanding

For the Textile Manufacturing subindustry, Mittal Life Style'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.

Mittal Life Style's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Mittal Life Style's Days Sales Outstanding falls into.

Mittal Life Style 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.

Mittal Life Style'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
=	( (178.296	+	220.754)	/	2 )	/	673.784	*	365
=	199.525					/	673.784	*	365
=	108.09

Mittal Life Style'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	+	220.754)	/	1 )	/	168.151	*	365 / 4
=	220.754					/	168.151	*	365 / 4
=	119.80

Mittal Life Style (NSE:MITTAL) Days Sales Outstanding Explanation

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

Mittal Life Style Days Sales Outstanding Related Terms

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Mittal Life Style (NSE:MITTAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mittal Life Style Ltd (NSE:MITTAL) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

New Link Road, Unit No. 8/9, Ravikiran, Ground Floor, Andheri (West), Mumbai, MH, IND, 400053

Website

https://www.mittallifestyle.in

Mittal Life Style Ltd operates in the textile industry. It is operating as the most preferred supplier of denim and garment products. Dealing in supply of Bottom weight Fabrics & Denims is the principal business activity of the Company. It supplies fashion fabrics, cotton canvas denim, dupion bottom fabrics, polyester fabrics, cotton fabric, knit fabric and among other products.

Mittal Life Style (NSE:MITTAL) Headlines

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