Shiva Mills (BOM:540961) Days Sales Outstanding : 44.66 (As of Dec. 2023)

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What is Shiva Mills Days Sales Outstanding?

Shiva Mills's average Accounts Receivable for the three months ended in Dec. 2023 was ₹173 Mil. Shiva Mills's Revenue for the three months ended in Dec. 2023 was ₹354 Mil. Hence, Shiva Mills's Days Sales Outstanding for the three months ended in Dec. 2023 was 44.66.

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

BOM:540961' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.22 Med: 43.7 Max: 59.57
Current: 34.5

During the past 8 years, Shiva Mills's highest Days Sales Outstanding was 59.57. The lowest was 22.22. And the median was 43.70.

BOM:540961's Days Sales Outstanding is ranked better than
72.29% of 1032 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.92 vs BOM:540961: 34.50

Shiva Mills's Days Sales Outstanding increased from Dec. 2022 (29.36) to Dec. 2023 (44.66).

Shiva Mills Days Sales Outstanding Historical Data

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

Shiva Mills Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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48.70

59.57

48.96

22.22

33.92

Shiva 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															29.36	35.13	39.26	37.57	44.66

Competitive Comparison of Shiva Mills's Days Sales Outstanding

For the Textile Manufacturing subindustry, Shiva 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.

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

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

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

Shiva 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.

Shiva 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
=	( (152.38	+	142.16)	/	2 )	/	1584.602	*	365
=	147.27					/	1584.602	*	365
=	33.92

Shiva 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
=	( (173.428	+	0)	/	1 )	/	354.375	*	365 / 4
=	173.428					/	354.375	*	365 / 4
=	44.66

Shiva Mills (BOM:540961) Days Sales Outstanding Explanation

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

Shiva Mills Days Sales Outstanding Related Terms

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Shiva Mills (BOM:540961) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shiva Mills Ltd (BOM:540961) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

SHIVAMILLS:India

Address

249-A, Bye-Pass Road Mettupalayam Road, Coimbatore, TN, IND, 641043

Website

http://www.shivamills.com

Shiva Mills Ltd is a textile manufacturing company. Its products include cotton yarn, grey fabric, and others. The company operates into a single segment which is Textiles. The company sells its products in the Indian market as well as internationally, but the majority of its revenues are derived from India.

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