Premier Synthetics (BOM:509835) Days Sales Outstanding : 79.78 (As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

What is Premier Synthetics Days Sales Outstanding?

Premier Synthetics's average Accounts Receivable for the three months ended in Dec. 2023 was ₹80.5 Mil. Premier Synthetics's Revenue for the three months ended in Dec. 2023 was ₹92.1 Mil. Hence, Premier Synthetics's Days Sales Outstanding for the three months ended in Dec. 2023 was 79.78.

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

BOM:509835' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.73 Med: 69.02 Max: 134.34
Current: 44.52

During the past 13 years, Premier Synthetics's highest Days Sales Outstanding was 134.34. The lowest was 18.73. And the median was 69.02.

BOM:509835's Days Sales Outstanding is ranked better than
60.66% of 1032 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.335 vs BOM:509835: 44.52

Premier Synthetics's Days Sales Outstanding increased from Dec. 2022 (37.06) to Dec. 2023 (79.78).

Premier Synthetics Days Sales Outstanding Historical Data

The historical data trend for Premier Synthetics'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.

Premier Synthetics Days Sales Outstanding Chart

Premier Synthetics Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

71.73

87.41

121.94

46.85

55.36

Premier Synthetics 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															37.06	55.39	45.51	38.61	79.78

Competitive Comparison of Premier Synthetics's Days Sales Outstanding

For the Textile Manufacturing subindustry, Premier Synthetics'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.

Premier Synthetics's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Premier Synthetics's Days Sales Outstanding falls into.

Premier Synthetics 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.

Premier Synthetics'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
=	( (80.423	+	79.367)	/	2 )	/	526.752	*	365
=	79.895					/	526.752	*	365
=	55.36

Premier Synthetics'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
=	( (80.517	+	0)	/	1 )	/	92.095	*	365 / 4
=	80.517					/	92.095	*	365 / 4
=	79.78

Premier Synthetics (BOM:509835) Days Sales Outstanding Explanation

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

Premier Synthetics Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Premier Synthetics's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Premier Synthetics (BOM:509835) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Premier Synthetics Ltd (BOM:509835) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Swastik X Road, Navrangpura, Surana House, Behind Klassic Chambers, Opposite Narnarayan Complex, Ahmedabad, GJ, IND, 380009

Website

https://www.premiersyntheticsltd.com

Premier Synthetics Ltd is an India-based company engaged in the business of manufacturing Cotton Yarn. It is used in the denim and towel industries.

Premier Synthetics (BOM:509835) Headlines

No Headlines