Blue Chip Tex Industries (BOM:506981) Days Sales Outstanding : 15.50 (As of Dec. 2023)

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What is Blue Chip Tex Industries Days Sales Outstanding?

Blue Chip Tex Industries's average Accounts Receivable for the three months ended in Dec. 2023 was ₹115 Mil. Blue Chip Tex Industries's Revenue for the three months ended in Dec. 2023 was ₹675 Mil. Hence, Blue Chip Tex Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 15.50.

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

BOM:506981' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.45 Med: 20.67 Max: 29.4
Current: 15.09

During the past 13 years, Blue Chip Tex Industries's highest Days Sales Outstanding was 29.40. The lowest was 10.45. And the median was 20.67.

BOM:506981's Days Sales Outstanding is ranked better than
92.25% of 1032 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.335 vs BOM:506981: 15.09

Blue Chip Tex Industries's Days Sales Outstanding increased from Dec. 2022 (12.08) to Dec. 2023 (15.50).

Blue Chip Tex Industries Days Sales Outstanding Historical Data

The historical data trend for Blue Chip Tex 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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Blue Chip Tex Industries Days Sales Outstanding Chart

Blue Chip Tex Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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22.68

23.62

29.40

15.66

15.55

Blue Chip Tex Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															12.08	18.48	17.57	15.56	15.50

Competitive Comparison of Blue Chip Tex Industries's Days Sales Outstanding

For the Textile Manufacturing subindustry, Blue Chip Tex 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.

Blue Chip Tex Industries's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Blue Chip Tex Industries's Days Sales Outstanding falls into.

Blue Chip Tex 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.

Blue Chip Tex 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
=	( (96.936	+	117.909)	/	2 )	/	2521.297	*	365
=	107.4225					/	2521.297	*	365
=	15.55

Blue Chip Tex Industries's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (114.609	+	0)	/	1 )	/	674.708	*	365 / 4
=	114.609					/	674.708	*	365 / 4
=	15.50

Blue Chip Tex Industries (BOM:506981) Days Sales Outstanding Explanation

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

Blue Chip Tex Industries Days Sales Outstanding Related Terms

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Blue Chip Tex Industries (BOM:506981) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Blue Chip Tex Industries Ltd (BOM:506981) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Jamnalal Bajaj Road, Office no. 15,16 and 17, Maker Chambers-III, 1st Floor, Nariman Point, Mumbai, MH, IND, 400021

Website

https://www.bluechiptexindustrieslimited.com

Blue Chip Tex Industries Ltd is an India based company engaged in the business of Polyester Texturised. It is a manufacturer of synthetic or artificial filament yarn, tenacity yarn including high tenacity yarn. The company's main business segment is manufacturing of polyester texturised yarn and sale in the domestic market.

Blue Chip Tex Industries (BOM:506981) Headlines

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