Binny Mills (BOM:535620) Days Sales Outstanding : 28.26 (As of Dec. 2023)

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What is Binny Mills Days Sales Outstanding?

Binny Mills's average Accounts Receivable for the three months ended in Dec. 2023 was ₹5.59 Mil. Binny Mills's Revenue for the three months ended in Dec. 2023 was ₹18.05 Mil. Hence, Binny Mills's Days Sales Outstanding for the three months ended in Dec. 2023 was 28.26.

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

BOM:535620' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.2 Med: 24.25 Max: 49.75
Current: 28.36

During the past 12 years, Binny Mills's highest Days Sales Outstanding was 49.75. The lowest was 19.20. And the median was 24.25.

BOM:535620's Days Sales Outstanding is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 53.25 vs BOM:535620: 28.36

Binny Mills's Days Sales Outstanding declined from Dec. 2022 (40.60) to Dec. 2023 (28.26).

Binny Mills Days Sales Outstanding Historical Data

The historical data trend for Binny 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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Binny Mills Days Sales Outstanding Chart

Binny Mills Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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19.20

25.39

48.15

49.75

38.85

Binny 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															40.60	27.70	25.80	34.25	28.26

Competitive Comparison of Binny Mills's Days Sales Outstanding

For the Textile Manufacturing subindustry, Binny 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.

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

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

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

Binny 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.

Binny 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
=	( (11.898	+	4.173)	/	2 )	/	75.489	*	365
=	8.0355					/	75.489	*	365
=	38.85

Binny 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
=	( (7.253	+	3.93)	/	2 )	/	18.052	*	365 / 4
=	5.5915					/	18.052	*	365 / 4
=	28.26

Binny Mills (BOM:535620) Days Sales Outstanding Explanation

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

Binny Mills Days Sales Outstanding Related Terms

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Binny Mills (BOM:535620) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Binny Mills Ltd (BOM:535620) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

TCP Sapthagiri Bhavan, New No. 4, Old No. 10, Karpagambal Nagar, Mylapore, Chennai, TN, IND, 600004

Website

https://www.bmlindia.com

Binny Mills Ltd is engaged in the retail trading of textile products. The business activity of the firm is operated through three divisions namely Warehousing, Showrooms, and Textiles. The Warehousing division has rented its warehouses and is deriving rental income from it. The Showrooms are engaged in the retail selling of textile materials and the Textile division is engaged in selling textile materials, particularly uniform materials, bedspreads, and other textile varieties. The company generates the majority of its revenue from the Warehousing division.

Binny Mills (BOM:535620) Headlines

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