Loyal Textile Mills (BOM:514036) Days Sales Outstanding : 92.04 (As of Dec. 2023)

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What is Loyal Textile Mills Days Sales Outstanding?

Loyal Textile Mills's average Accounts Receivable for the three months ended in Dec. 2023 was ₹2,059 Mil. Loyal Textile Mills's Revenue for the three months ended in Dec. 2023 was ₹2,042 Mil. Hence, Loyal Textile Mills's Days Sales Outstanding for the three months ended in Dec. 2023 was 92.04.

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

BOM:514036' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.89 Med: 57.39 Max: 74.8
Current: 74.8

During the past 13 years, Loyal Textile Mills's highest Days Sales Outstanding was 74.80. The lowest was 17.89. And the median was 57.39.

BOM:514036's Days Sales Outstanding is ranked worse than
70.9% of 1031 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.18 vs BOM:514036: 74.80

Loyal Textile Mills's Days Sales Outstanding increased from Dec. 2022 (68.25) to Dec. 2023 (92.04).

Loyal Textile Mills Days Sales Outstanding Historical Data

The historical data trend for Loyal Textile Mills'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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Loyal Textile Mills Days Sales Outstanding Chart

Loyal Textile Mills Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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60.07

65.34

64.27

57.13

69.30

Loyal Textile Mills 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															68.25	70.52	65.47	82.36	92.04

Competitive Comparison of Loyal Textile Mills's Days Sales Outstanding

For the Textile Manufacturing subindustry, Loyal Textile Mills'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.

Loyal Textile Mills's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Loyal Textile Mills's Days Sales Outstanding falls into.

Loyal Textile Mills 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.

Loyal Textile Mills'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
=	( (3029.003	+	2057.021)	/	2 )	/	13393.693	*	365
=	2543.012					/	13393.693	*	365
=	69.30

Loyal Textile Mills'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
=	( (2234.6	+	1884.2)	/	2 )	/	2041.7	*	365 / 4
=	2059.4					/	2041.7	*	365 / 4
=	92.04

Loyal Textile Mills (BOM:514036) Days Sales Outstanding Explanation

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

Loyal Textile Mills Days Sales Outstanding Related Terms

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Loyal Textile Mills (BOM:514036) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Loyal Textile Mills Ltd (BOM:514036) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

LOYALTEX:India

Address

1st Main Road, No. 83, R. A. Puram, Mandaveli, Chennai, TN, IND, 600028

Website

https://www.loyaltextiles.com

Loyal Textile Mills Ltd is an India-based company that provides various products and services for the textile and apparel industries. It is engaged in the manufacturing of yarn, woven fabric, knitted fabric, and technical clothing. The company operates in two business segments that are manufacturing and trading activities. Its main products are yarn, cloth, and hosiery cloth. The manufacturing of cloth and hosiery cloth generates maximum revenue for the company. Geographically the company exports its product to Asia, Europe, America, and others; out of which the Asia region generates maximum revenue for the company.

Loyal Textile Mills (BOM:514036) Headlines

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