Vardhman Textiles (BOM:502986) Days Sales Outstanding : 45.27 (As of Mar. 2024)

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What is Vardhman Textiles Days Sales Outstanding?

Vardhman Textiles's average Accounts Receivable for the three months ended in Mar. 2024 was ₹12,203 Mil. Vardhman Textiles's Revenue for the three months ended in Mar. 2024 was ₹24,594 Mil. Hence, Vardhman Textiles's Days Sales Outstanding for the three months ended in Mar. 2024 was 45.27.

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

BOM:502986' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.85 Med: 46.06 Max: 55.97
Current: 45.75

During the past 13 years, Vardhman Textiles's highest Days Sales Outstanding was 55.97. The lowest was 41.85. And the median was 46.06.

BOM:502986's Days Sales Outstanding is ranked better than
59.26% of 1031 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.18 vs BOM:502986: 45.75

Vardhman Textiles's Days Sales Outstanding increased from Mar. 2023 (43.72) to Mar. 2024 (45.27).

Vardhman Textiles Days Sales Outstanding Historical Data

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

Vardhman Textiles Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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44.52

55.97

45.81

45.23

46.30

Vardhman Textiles 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															43.72	46.88	44.25	45.54	45.27

Competitive Comparison of Vardhman Textiles's Days Sales Outstanding

For the Textile Manufacturing subindustry, Vardhman Textiles'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 Textiles's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Vardhman Textiles 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 Textiles'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
=	( (11909.9	+	12202.6)	/	2 )	/	95046.8	*	365
=	12056.25					/	95046.8	*	365
=	46.30

Vardhman Textiles'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	+	12202.6)	/	1 )	/	24594.1	*	365 / 4
=	12202.6					/	24594.1	*	365 / 4
=	45.27

Vardhman Textiles (BOM:502986) 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 Textiles Days Sales Outstanding Related Terms

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Vardhman Textiles (BOM:502986) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vardhman Textiles Ltd (BOM:502986) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

VTL:India

Address

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

Website

https://www.vardhman.com

Vardhman Textiles Ltd is a manufacturer and seller of textiles and acrylic fiber. The company is based in India and generates about a quarter of revenue internationally. The company's largest revenue segment is textiles, which offers greige and dyed yarns in a number of fabrics such as cotton, polyester, acrylic, organic cotton, melange, cellulose, and synthetics. Vardhman Textiles provides fabrics for the apparel industry and home textiles and manufactures shirts for retail brands. In addition, the company offers hot-rolled bars for use in industries such as automotive, engineering, and allied industries.

Vardhman Textiles (BOM:502986) Headlines

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