Paramount Textile (DHA:PTL) Days Sales Outstanding

: 80.56 (As of Jun. 2023)

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Paramount Textile's average Accounts Receivable for the three months ended in Jun. 2023 was BDT2,104 Mil. Paramount Textile's Revenue for the three months ended in Jun. 2023 was BDT2,383 Mil. Hence, Paramount Textile's Days Sales Outstanding for the three months ended in Jun. 2023 was 80.56.

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

DHA:PTL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.61 Med: 56.94 Max: 116.44
Current: 62.55

During the past 10 years, Paramount Textile's highest Days Sales Outstanding was 116.44. The lowest was 25.61. And the median was 56.94.

DHA:PTL's Days Sales Outstanding is ranked worse than
60.17% of 1032 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.92 vs DHA:PTL: 62.55

Paramount Textile's Days Sales Outstanding increased from Jun. 2022 (39.96) to Jun. 2023 (80.56).

Paramount Textile Days Sales Outstanding Historical Data

The historical data trend for Paramount Textile'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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Paramount Textile Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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25.61

37.68

48.50

47.80

65.38

Paramount Textile Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial															39.96	48.82	46.66	72.66	80.56

Competitive Comparison

For the Textile Manufacturing subindustry, Paramount Textile'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.

Paramount Textile Days Sales Outstanding Distribution

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

* The bar in red indicates where Paramount Textile's Days Sales Outstanding falls into.

Paramount Textile 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.

Paramount Textile's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (1074.307	+	2316.045)	/	2 )	/	9463.818	*	365
=	1695.176					/	9463.818	*	365
=	65.38

Paramount Textile's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (1891.668	+	2316.045)	/	2 )	/	2383.156	*	365 / 4
=	2103.8565					/	2383.156	*	365 / 4
=	80.56

Paramount Textile (DHA:PTL) Days Sales Outstanding Explanation

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

Paramount Textile Days Sales Outstanding Related Terms

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Paramount Textile (DHA:PTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Paramount Textile PLC (DHA:PTL) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Road No. 113/A, House No.22, (Level 2, 5-7), Gulshan 2, Dhaka, BGD, 1212

Website

https://www.paramounttextilebd.com

Paramount Textile PLC Formerly Paramount Textile Ltd is engaged in manufacturing woven fabric. The firm produces and markets yarn, solid dyed, woven fabrics, and printed fabrics in diverse shades, quality, construction, recipes, colours among others across countries. Besides, the company also produces Knit yarn dyeing, Sweater yarn dyeing, and printing fabrics as well. Majority of the revenue is generated from Yarn dyed fabrics.

Paramount Textile (DHA:PTL) Headlines

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