Sri Lakshmiraswathi Textiles (Arni) (BOM:521161) Days Sales Outstanding : 5.79 (As of Dec. 2023)

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What is Sri Lakshmiraswathi Textiles (Arni) Days Sales Outstanding?

Sri Lakshmiraswathi Textiles (Arni)'s average Accounts Receivable for the three months ended in Dec. 2023 was ₹19 Mil. Sri Lakshmiraswathi Textiles (Arni)'s Revenue for the three months ended in Dec. 2023 was ₹306 Mil. Hence, Sri Lakshmiraswathi Textiles (Arni)'s Days Sales Outstanding for the three months ended in Dec. 2023 was 5.79.

The historical rank and industry rank for Sri Lakshmiraswathi Textiles (Arni)'s Days Sales Outstanding or its related term are showing as below:

BOM:521161' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.13 Med: 10.33 Max: 25.76
Current: 4.84

During the past 13 years, Sri Lakshmiraswathi Textiles (Arni)'s highest Days Sales Outstanding was 25.76. The lowest was 4.13. And the median was 10.33.

BOM:521161's Days Sales Outstanding is ranked better than
97.87% of 1031 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.18 vs BOM:521161: 4.84

Sri Lakshmiraswathi Textiles (Arni)'s Days Sales Outstanding increased from Dec. 2022 (5.38) to Dec. 2023 (5.79).

Sri Lakshmiraswathi Textiles (Arni) Days Sales Outstanding Historical Data

The historical data trend for Sri Lakshmiraswathi Textiles (Arni)'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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Sri Lakshmiraswathi Textiles (Arni) Days Sales Outstanding Chart

Sri Lakshmiraswathi Textiles (Arni) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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11.66

7.74

5.48

4.76

4.13

Sri Lakshmiraswathi Textiles (Arni) 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															5.38	3.30	3.23	5.36	5.79

Competitive Comparison of Sri Lakshmiraswathi Textiles (Arni)'s Days Sales Outstanding

For the Textile Manufacturing subindustry, Sri Lakshmiraswathi Textiles (Arni)'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.

Sri Lakshmiraswathi Textiles (Arni)'s Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sri Lakshmiraswathi Textiles (Arni)'s Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sri Lakshmiraswathi Textiles (Arni)'s Days Sales Outstanding falls into.

Sri Lakshmiraswathi Textiles (Arni) 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.

Sri Lakshmiraswathi Textiles (Arni)'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
=	( (21.78	+	12.425)	/	2 )	/	1509.894	*	365
=	17.1025					/	1509.894	*	365
=	4.13

Sri Lakshmiraswathi Textiles (Arni)'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
=	( (19.435	+	0)	/	1 )	/	306.465	*	365 / 4
=	19.435					/	306.465	*	365 / 4
=	5.79

Sri Lakshmiraswathi Textiles (Arni) (BOM:521161) Days Sales Outstanding Explanation

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

Sri Lakshmiraswathi Textiles (Arni) Days Sales Outstanding Related Terms

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Sri Lakshmiraswathi Textiles (Arni) (BOM:521161) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Sri Lakshmi Saraswathi Textiles (Arni) Ltd (BOM:521161) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

16, Krishnama Road, Nungambakkam, Chennai, TN, IND, 600 034

Website

https://www.slstindia.com

Sri Lakshmi Saraswathi Textiles (Arni) Ltd operates in the textile industry. The company is principally engaged in the production of textile products used for the manufacturing of woven and knitted fabrics.

Sri Lakshmiraswathi Textiles (Arni) (BOM:521161) Headlines

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