Suryaamba Spinning Mills (BOM:533101) Days Sales Outstanding : 36.54 (As of Dec. 2023)

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What is Suryaamba Spinning Mills Days Sales Outstanding?

Suryaamba Spinning Mills's average Accounts Receivable for the three months ended in Dec. 2023 was ₹196 Mil. Suryaamba Spinning Mills's Revenue for the three months ended in Dec. 2023 was ₹489 Mil. Hence, Suryaamba Spinning Mills's Days Sales Outstanding for the three months ended in Dec. 2023 was 36.54.

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

BOM:533101' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.6 Med: 30.03 Max: 45.53
Current: 33.33

During the past 13 years, Suryaamba Spinning Mills's highest Days Sales Outstanding was 45.53. The lowest was 22.60. And the median was 30.03.

BOM:533101's Days Sales Outstanding is ranked better than
74.61% of 1032 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.335 vs BOM:533101: 33.33

Suryaamba Spinning Mills's Days Sales Outstanding increased from Dec. 2022 (30.49) to Dec. 2023 (36.54).

Suryaamba Spinning Mills Days Sales Outstanding Historical Data

The historical data trend for Suryaamba Spinning 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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Suryaamba Spinning Mills Days Sales Outstanding Chart

Suryaamba Spinning Mills Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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30.34

33.59

45.53

34.04

35.20

Suryaamba Spinning 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															30.49	32.14	35.41	32.32	36.54

Competitive Comparison of Suryaamba Spinning Mills's Days Sales Outstanding

For the Textile Manufacturing subindustry, Suryaamba Spinning 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.

Suryaamba Spinning Mills's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Suryaamba Spinning 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.

Suryaamba Spinning 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
=	( (245.632	+	229.119)	/	2 )	/	2461.316	*	365
=	237.3755					/	2461.316	*	365
=	35.20

Suryaamba Spinning 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
=	( (195.811	+	0)	/	1 )	/	488.954	*	365 / 4
=	195.811					/	488.954	*	365 / 4
=	36.54

Suryaamba Spinning Mills (BOM:533101) Days Sales Outstanding Explanation

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

Suryaamba Spinning Mills Days Sales Outstanding Related Terms

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Suryaamba Spinning Mills (BOM:533101) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Suryaamba Spinning Mills Ltd (BOM:533101) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

128, Chhaoni Katol Road, A-101, Kanha Apartment, Nagpur, MH, IND, 440 013

Website

https://www.suryaamba.com

Suryaamba Spinning Mills Ltd is an India-based company engaged in manufacturing Polyester yarn and Polyester/Viscose Blended Yarn. It manufactures Synthetic Ring Spun Yarn for weaving, knitting, and embroidery and other industrial applications and specialized products according to customer requirements. The Company is operating under only one segment which is Manufacturing and Trading of Yarn. The product categories offered by the company includes 100% Polyester Yarns, Polyester/Viscose Yarns, Viscose Yarns, Other Blends and Fancy Yarns.

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