AKM Creations (BOM:540718) Days Sales Outstanding : 5.90 (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is AKM Creations Days Sales Outstanding?

AKM Creations's average Accounts Receivable for the six months ended in Sep. 2023 was ₹2.3 Mil. AKM Creations's Revenue for the six months ended in Sep. 2023 was ₹71.6 Mil. Hence, AKM Creations's Days Sales Outstanding for the six months ended in Sep. 2023 was 5.90.

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

BOM:540718' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.14 Med: 186.96 Max: 562.52
Current: 4.14

During the past 11 years, AKM Creations's highest Days Sales Outstanding was 562.52. The lowest was 4.14. And the median was 186.96.

BOM:540718's Days Sales Outstanding is ranked better than
98.35% of 1032 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.335 vs BOM:540718: 4.14

AKM Creations's Days Sales Outstanding increased from Sep. 2022 (0.00) to Sep. 2023 (5.90).

AKM Creations Days Sales Outstanding Historical Data

The historical data trend for AKM Creations'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.

* Premium members only.

AKM Creations Days Sales Outstanding Chart

AKM Creations Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

186.96

562.52

293.66

10.62

AKM Creations Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial														7.26	3.33	-	5.31	5.90

Competitive Comparison of AKM Creations's Days Sales Outstanding

For the Textile Manufacturing subindustry, AKM Creations'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.

AKM Creations's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where AKM Creations's Days Sales Outstanding falls into.

AKM Creations 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.

AKM Creations'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
=	( (0	+	3.85)	/	1 )	/	132.279	*	365
=	3.85					/	132.279	*	365
=	10.62

AKM Creations's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (3.85	+	0.779)	/	2 )	/	71.616	*	365 / 2
=	2.3145					/	71.616	*	365 / 2
=	5.90

AKM Creations (BOM:540718) Days Sales Outstanding Explanation

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

AKM Creations Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of AKM Creations's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

AKM Creations (BOM:540718) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » AKM Creations Ltd (BOM:540718) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Bhole Nath Nagar, C-110, Ground Floor, Shahdhara, East Delhi, New Delhi, IND, 110032

Website

http://www.akmlace.com

AKM Creations Ltd formerly, AKM Lace & Embrotex Ltd is a manufacturer and dealer in all types of embrotex goods, laces, fabrics, clothing, and wearing apparel for personal, commercial, and industrial use. It also supplies customized lace and embroidered work items. The company offers services such as Mirror lace, Needle cut work laces, Zari border, Stitching lace, Jhalar lace, and Crochet lace, among others.

AKM Creations (BOM:540718) Headlines

No Headlines