Modern Threads (India) (BOM:500282) Days Sales Outstanding : 59.92 (As of Dec. 2024)

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What is Modern Threads (India) Days Sales Outstanding?

Modern Threads (India)'s average Accounts Receivable for the three months ended in Dec. 2024 was ₹475 Mil. Modern Threads (India)'s Revenue for the three months ended in Dec. 2024 was ₹723 Mil. Hence, Modern Threads (India)'s Days Sales Outstanding for the three months ended in Dec. 2024 was 59.92.

The historical rank and industry rank for Modern Threads (India)'s Days Sales Outstanding or its related term are showing as below:

BOM:500282' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.69 Med: 43.28 Max: 65.85
Current: 65.85

During the past 9 years, Modern Threads (India)'s highest Days Sales Outstanding was 65.85. The lowest was 32.69. And the median was 43.28.

BOM:500282's Days Sales Outstanding is ranked worse than
63.08% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 52.88 vs BOM:500282: 65.85

Modern Threads (India)'s Days Sales Outstanding increased from Dec. 2023 (58.41) to Dec. 2024 (59.92).

Modern Threads (India) Days Sales Outstanding Historical Data

The historical data trend for Modern Threads (India)'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.

Modern Threads (India) Days Sales Outstanding Chart

Modern Threads (India) Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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38.50

49.01

32.69

38.83

53.23

Modern Threads (India) Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial															58.41	60.83	73.37	69.62	59.92

Competitive Comparison of Modern Threads (India)'s Days Sales Outstanding

For the Textile Manufacturing subindustry, Modern Threads (India)'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.

Modern Threads (India)'s Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Modern Threads (India)'s Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Modern Threads (India)'s Days Sales Outstanding falls into.

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Modern Threads (India) 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.

Modern Threads (India)'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
=	( (396.337	+	466.798)	/	2 )	/	2959.353	*	365
=	431.5675					/	2959.353	*	365
=	53.23

Modern Threads (India)'s Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding (Q: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2024 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (474.947	+	0)	/	1 )	/	723.264	*	365 / 4
=	474.947					/	723.264	*	365 / 4
=	59.92

Modern Threads (India) (BOM:500282) Days Sales Outstanding Explanation

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

Modern Threads (India) Days Sales Outstanding Related Terms

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Modern Threads (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Modern Threads (India) Ltd (BOM:500282) » Definitions » Days Sales Outstanding

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MODTHREAD:India

Address

Unit: Modern Woollens, Hamirgarh Road, Pragati Path, Near Transport Nagar, Bhilwara, RJ, IND, 311001

Website

https://www.modernwoollens.com

Modern Threads (India) Ltd manufactures and exports carpet yarn. Its operating segment includes Woollen, Yarn and others. The company generates maximum revenue from the Woollen segment. The woollen segment includes Worsted Yarn and Wool Tops. Its Yarn segment includes Synthetic Yarn. The business derives revenue mainly from the sale of Wool Yarn, Wool Tops and Synthetic Yarn. Geographically, it derives a majority of its revenue from India.

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