Mahalaxmi Rubtech (BOM:514450) Days Sales Outstanding : 48.27 (As of Dec. 2023)

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What is Mahalaxmi Rubtech Days Sales Outstanding?

Mahalaxmi Rubtech's average Accounts Receivable for the three months ended in Dec. 2023 was ₹395 Mil. Mahalaxmi Rubtech's Revenue for the three months ended in Dec. 2023 was ₹748 Mil. Hence, Mahalaxmi Rubtech's Days Sales Outstanding for the three months ended in Dec. 2023 was 48.27.

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

BOM:514450' s Days Sales Outstanding Range Over the Past 10 Years
Min: 46.48 Med: 61.94 Max: 88.09
Current: 52.04

During the past 13 years, Mahalaxmi Rubtech's highest Days Sales Outstanding was 88.09. The lowest was 46.48. And the median was 61.94.

BOM:514450's Days Sales Outstanding is ranked better than
51.65% of 1032 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.3 vs BOM:514450: 52.04

Mahalaxmi Rubtech's Days Sales Outstanding increased from Dec. 2022 (47.73) to Dec. 2023 (48.27).

Mahalaxmi Rubtech Days Sales Outstanding Historical Data

The historical data trend for Mahalaxmi Rubtech'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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Mahalaxmi Rubtech Days Sales Outstanding Chart

Mahalaxmi Rubtech Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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67.20

75.06

88.07

60.53

55.36

Mahalaxmi Rubtech 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															47.73	60.01	62.49	51.53	48.27

Competitive Comparison of Mahalaxmi Rubtech's Days Sales Outstanding

For the Textile Manufacturing subindustry, Mahalaxmi Rubtech'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.

Mahalaxmi Rubtech's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Mahalaxmi Rubtech's Days Sales Outstanding falls into.

Mahalaxmi Rubtech 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.

Mahalaxmi Rubtech'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
=	( (343.637	+	446.407)	/	2 )	/	2604.347	*	365
=	395.022					/	2604.347	*	365
=	55.36

Mahalaxmi Rubtech'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
=	( (395.417	+	0)	/	1 )	/	747.56	*	365 / 4
=	395.417					/	747.56	*	365 / 4
=	48.27

Mahalaxmi Rubtech (BOM:514450) Days Sales Outstanding Explanation

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

Mahalaxmi Rubtech Days Sales Outstanding Related Terms

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Mahalaxmi Rubtech (BOM:514450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mahalaxmi Rubtech Ltd (BOM:514450) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

MHLXMIRU:India

Address

Polytechnic Road, Mahalaxmi House, YSL Avenue, Opposite Ketav Petrol Pump, Ambavadi, Ahmedabad, GJ, IND, 380015

Website

https://www.mrtglobal.com

Mahalaxmi Rubtech Ltd is an Indian textile manufacturing company. The company has structured its operations into the following business segments - Rubber and Technical textiles Products, and Textile Products. The company's product portfolio comprises; printing blankets, textile printing blankets, rubber-coated fabrics, hydraulic seals, air cells, and technical textiles. The majority of the revenue accrues from the Textile products segment.

Mahalaxmi Rubtech (BOM:514450) Headlines

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