Riba Textiles (BOM:531952) Days Sales Outstanding : 56.36 (As of Dec. 2023)

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What is Riba Textiles Days Sales Outstanding?

Riba Textiles's average Accounts Receivable for the three months ended in Dec. 2023 was ₹348 Mil. Riba Textiles's Revenue for the three months ended in Dec. 2023 was ₹563 Mil. Hence, Riba Textiles's Days Sales Outstanding for the three months ended in Dec. 2023 was 56.36.

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

BOM:531952' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.01 Med: 54.24 Max: 65.33
Current: 57.86

During the past 13 years, Riba Textiles's highest Days Sales Outstanding was 65.33. The lowest was 36.01. And the median was 54.24.

BOM:531952's Days Sales Outstanding is ranked worse than
55.52% of 1032 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.335 vs BOM:531952: 57.86

Riba Textiles's Days Sales Outstanding increased from Dec. 2022 (44.92) to Dec. 2023 (56.36).

Riba Textiles Days Sales Outstanding Historical Data

The historical data trend for Riba Textiles'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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Riba Textiles Days Sales Outstanding Chart

Riba Textiles Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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36.01

42.26

59.09

65.33

61.66

Riba Textiles 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															44.92	82.81	68.32	48.82	56.36

Competitive Comparison of Riba Textiles's Days Sales Outstanding

For the Textile Manufacturing subindustry, Riba Textiles'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.

Riba Textiles's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Riba Textiles's Days Sales Outstanding falls into.

Riba Textiles 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.

Riba Textiles'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
=	( (349.831	+	385.395)	/	2 )	/	2176.109	*	365
=	367.613					/	2176.109	*	365
=	61.66

Riba Textiles'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
=	( (348.015	+	0)	/	1 )	/	563.491	*	365 / 4
=	348.015					/	563.491	*	365 / 4
=	56.36

Riba Textiles (BOM:531952) Days Sales Outstanding Explanation

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

Riba Textiles Days Sales Outstanding Related Terms

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Riba Textiles (BOM:531952) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Riba Textiles Ltd (BOM:531952) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Assandh Road, Kishore House, Panipat, HR, IND, 132103

Website

https://www.ribatextiles.com

Riba Textiles Ltd is engaged in manufacturing and export of terry towels. It produces bath towels, beach towels, and tufted bath mats. The company's product portfolio includes SPA towels, Yarn dyed towels, Plain dyed towels, Printed border towels, Embroidered towels, Bathrobes, Double jacquard towels, Weft insert rapier towels, Sublistatic printed towels, Yarn dyed and piece dyed tufted bath mats, and beach accessories.

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