Indo Cotspin (BOM:538838) Days Sales Outstanding : 29.54 (As of Mar. 2024)

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What is Indo Cotspin Days Sales Outstanding?

Indo Cotspin's average Accounts Receivable for the three months ended in Mar. 2024 was ₹5.81 Mil. Indo Cotspin's Revenue for the three months ended in Mar. 2024 was ₹17.94 Mil. Hence, Indo Cotspin's Days Sales Outstanding for the three months ended in Mar. 2024 was 29.54.

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

BOM:538838' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.82 Med: 45.83 Max: 66.04
Current: 43.65

During the past 11 years, Indo Cotspin's highest Days Sales Outstanding was 66.04. The lowest was 29.82. And the median was 45.83.

BOM:538838's Days Sales Outstanding is ranked better than
62.23% of 1030 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.035 vs BOM:538838: 43.65

Indo Cotspin's Days Sales Outstanding declined from Dec. 2022 (36.31) to Mar. 2024 (29.54).

Indo Cotspin Days Sales Outstanding Historical Data

The historical data trend for Indo Cotspin'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.

Indo Cotspin Days Sales Outstanding Chart

Indo Cotspin Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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62.95

66.04

44.59

38.33

29.82

Indo Cotspin Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															36.31	14.80	67.10	21.10	29.54

Competitive Comparison of Indo Cotspin's Days Sales Outstanding

For the Textile Manufacturing subindustry, Indo Cotspin'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.

Indo Cotspin's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Indo Cotspin's Days Sales Outstanding falls into.

Indo Cotspin 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.

Indo Cotspin'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
=	( (15.784	+	5.808)	/	2 )	/	132.135	*	365
=	10.796					/	132.135	*	365
=	29.82

Indo Cotspin'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	+	5.808)	/	1 )	/	17.944	*	365 / 4
=	5.808					/	17.944	*	365 / 4
=	29.54

Indo Cotspin (BOM:538838) Days Sales Outstanding Explanation

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

Indo Cotspin Days Sales Outstanding Related Terms

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Indo Cotspin (BOM:538838) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Indo Cotspin Ltd (BOM:538838) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Delhi Milestone 78 km, G.T. Road NH-44, Village Jhattipur, Post Box Number 3, Post Office Samalkha, Panipat, HR, IND, 132103

Website

https://www.indocotspin.com

Indo Cotspin Ltd is an exporter, manufacturer, importer, trader, and supplier company. It is engaged in the manufacturing of various textile products. Its product line consists of non-woven, geotextile, hand-tufted, and door mats. The primary business of the company is manufacturing of non-woven fabric products. The company operates in one business segment which is Textile Products.

Indo Cotspin (BOM:538838) Headlines

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