Minal Industries (BOM:522235) Days Sales Outstanding : 55.41 (As of Dec. 2023)

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What is Minal Industries Days Sales Outstanding?

Minal Industries's average Accounts Receivable for the three months ended in Dec. 2023 was ₹89.9 Mil. Minal Industries's Revenue for the three months ended in Dec. 2023 was ₹148.1 Mil. Hence, Minal Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 55.41.

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

BOM:522235' s Days Sales Outstanding Range Over the Past 10 Years
Min: 95.08 Med: 220.85 Max: 4172650.2
Current: 95.08

During the past 13 years, Minal Industries's highest Days Sales Outstanding was 4172650.20. The lowest was 95.08. And the median was 220.85.

BOM:522235's Days Sales Outstanding is ranked worse than
89.9% of 1079 companies
in the Retail - Cyclical industry
Industry Median: 17.5 vs BOM:522235: 95.08

Minal Industries's Days Sales Outstanding declined from Dec. 2022 (153.59) to Dec. 2023 (55.41).

Minal Industries Days Sales Outstanding Historical Data

The historical data trend for Minal Industries'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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Minal Industries Days Sales Outstanding Chart

Minal Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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167.24

185.15

256.55

118.22

146.35

Minal Industries 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															153.59	71.92	145.34	173.22	55.41

Competitive Comparison of Minal Industries's Days Sales Outstanding

For the Luxury Goods subindustry, Minal Industries'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.

Minal Industries's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Minal Industries's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Minal Industries's Days Sales Outstanding falls into.

Minal Industries 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.

Minal Industries'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
=	( (122.639	+	92.257)	/	2 )	/	267.976	*	365
=	107.448					/	267.976	*	365
=	146.35

Minal Industries'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
=	( (89.929	+	0)	/	1 )	/	148.105	*	365 / 4
=	89.929					/	148.105	*	365 / 4
=	55.41

Minal Industries (BOM:522235) Days Sales Outstanding Explanation

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

Minal Industries Days Sales Outstanding Related Terms

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Minal Industries (BOM:522235) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Minal Industries Ltd (BOM:522235) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Opposite Sakivihar Road, 603- l Minal Co-Operative Housing Society Ltd, Andheri (East), Mumbai, MH, IND, 400072

Website

http://www.minalindustrieslimited.in

Minal Industries Ltd is a diamantaire and jewelry and engineering company. The company is engaged in the business of manufacturing and sale of gold jewelry, diamond-studded jewelry, and silver articles. Geographically, it derives a majority of its revenue from India.

Minal Industries (BOM:522235) Headlines

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