Ventura Textiles (BOM:516098) Days Sales Outstanding : 245.49 (As of Mar. 2024)

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What is Ventura Textiles Days Sales Outstanding?

Ventura Textiles's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1.52 Mil. Ventura Textiles's Revenue for the three months ended in Mar. 2024 was ₹0.57 Mil. Hence, Ventura Textiles's Days Sales Outstanding for the three months ended in Mar. 2024 was 245.49.

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

BOM:516098' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.62 Med: 120.82 Max: 1598.86
Current: 79.75

During the past 13 years, Ventura Textiles's highest Days Sales Outstanding was 1598.86. The lowest was 23.62. And the median was 120.82.

BOM:516098's Days Sales Outstanding is ranked worse than
74.27% of 1030 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 52.78 vs BOM:516098: 79.75

Ventura Textiles's Days Sales Outstanding increased from Mar. 2023 (27.94) to Mar. 2024 (245.49).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Ventura Textiles Days Sales Outstanding Historical Data

The historical data trend for Ventura 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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Ventura Textiles Days Sales Outstanding Chart

Ventura Textiles Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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44.49

132.72

26.52

23.62

75.67

Ventura 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															27.94	6.94	403.05	-	245.49

Competitive Comparison of Ventura Textiles's Days Sales Outstanding

For the Textile Manufacturing subindustry, Ventura 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.

Ventura Textiles's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Ventura 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.

Ventura 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
=	( (0.267	+	1.52)	/	2 )	/	4.31	*	365
=	0.8935					/	4.31	*	365
=	75.67

Ventura 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	+	1.52)	/	1 )	/	0.565	*	365 / 4
=	1.52					/	0.565	*	365 / 4
=	245.49

Ventura Textiles (BOM:516098) Days Sales Outstanding Explanation

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

Ventura Textiles Days Sales Outstanding Related Terms

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Ventura Textiles (BOM:516098) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ventura Textiles Ltd (BOM:516098) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

J.B. Nagar, Andheri Kurla Road, Unit No. 121, Midas, Sahar Plaza, Andheri (East), Mumbai, MH, IND, 400 059

Website

https://www.venturatextiles.com

Ventura Textiles Ltd is a textile manufacturing company based in India. The company is engaged mainly in the business of manufacturing textiles consisting of fabric and yarn. In addition, the company also produces grey fabrics, including industrial canvas, duck fabrics, denim, and drills. Its other activities comprise the preparation and spinning of textile fabrics; the weaving of textiles; and the manufacturing of made-up textile articles.

Ventura Textiles (BOM:516098) Headlines

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