Vardhman Acrylics (NSE:VARDHACRLC) Days Sales Outstanding : 21.67 (As of Mar. 2024)

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What is Vardhman Acrylics Days Sales Outstanding?

Vardhman Acrylics's average Accounts Receivable for the three months ended in Mar. 2024 was ₹162 Mil. Vardhman Acrylics's Revenue for the three months ended in Mar. 2024 was ₹684 Mil. Hence, Vardhman Acrylics's Days Sales Outstanding for the three months ended in Mar. 2024 was 21.67.

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

NSE:VARDHACRLC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.49 Med: 14.17 Max: 20.99
Current: 20.99

During the past 13 years, Vardhman Acrylics's highest Days Sales Outstanding was 20.99. The lowest was 1.49. And the median was 14.17.

NSE:VARDHACRLC's Days Sales Outstanding is ranked better than
87.38% of 1030 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.075 vs NSE:VARDHACRLC: 20.99

Vardhman Acrylics's Days Sales Outstanding increased from Mar. 2023 (15.18) to Mar. 2024 (21.67).

Vardhman Acrylics Days Sales Outstanding Historical Data

The historical data trend for Vardhman Acrylics'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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Vardhman Acrylics Days Sales Outstanding Chart

Vardhman Acrylics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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13.71

16.03

15.44

10.25

18.19

Vardhman Acrylics Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															15.18	15.14	22.88	31.95	21.67

Competitive Comparison of Vardhman Acrylics's Days Sales Outstanding

For the Textile Manufacturing subindustry, Vardhman Acrylics'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.

Vardhman Acrylics's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Vardhman Acrylics's Days Sales Outstanding falls into.

Vardhman Acrylics 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.

Vardhman Acrylics's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (134.049	+	162.4)	/	2 )	/	2974.8	*	365
=	148.2245					/	2974.8	*	365
=	18.19

Vardhman Acrylics's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0	+	162.4)	/	1 )	/	683.8	*	365 / 4
=	162.4					/	683.8	*	365 / 4
=	21.67

Vardhman Acrylics (NSE:VARDHACRLC) Days Sales Outstanding Explanation

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

Vardhman Acrylics Days Sales Outstanding Related Terms

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Vardhman Acrylics (NSE:VARDHACRLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vardhman Acrylics Ltd (NSE:VARDHACRLC) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Chandigarh Road, Vardhman Premises, Ludhiana, PB, IND, 141010

Website

https://www.vardhman.com

Vardhman Acrylics Ltd is engaged in manufacturing man-made fibers. The firm operates through the Acrylic Fibre and Tow segment having its manufacturing facility in Gujarat, India. Its products are widely used for the manufacture of winter wear such as sweaters, woolen fabric, technical textiles such as non-wovens and carpets, and others.

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