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Lorenzini Apparels (BOM:540952) Days Sales Outstanding : 83.10 (As of Dec. 2024)


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What is Lorenzini Apparels Days Sales Outstanding?

Lorenzini Apparels's average Accounts Receivable for the three months ended in Dec. 2024 was ₹193.7 Mil. Lorenzini Apparels's Revenue for the three months ended in Dec. 2024 was ₹212.7 Mil. Hence, Lorenzini Apparels's Days Sales Outstanding for the three months ended in Dec. 2024 was 83.10.

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

BOM:540952' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.96   Med: 52.76   Max: 101.78
Current: 101.78

During the past 12 years, Lorenzini Apparels's highest Days Sales Outstanding was 101.78. The lowest was 10.96. And the median was 52.76.

BOM:540952's Days Sales Outstanding is ranked worse than
82.45% of 1020 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 52.8 vs BOM:540952: 101.78

Lorenzini Apparels's Days Sales Outstanding declined from Dec. 2023 (134.65) to Dec. 2024 (83.10).

Warning Sign:

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


Lorenzini Apparels Days Sales Outstanding Historical Data

The historical data trend for Lorenzini Apparels'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.

Lorenzini Apparels Days Sales Outstanding Chart

Lorenzini Apparels Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.40 86.85 78.78 57.26 67.63

Lorenzini Apparels Quarterly Data
Jul17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 134.65 106.81 70.14 135.43 83.10

Competitive Comparison of Lorenzini Apparels's Days Sales Outstanding

For the Apparel Manufacturing subindustry, Lorenzini Apparels'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.


Lorenzini Apparels's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Lorenzini Apparels's Days Sales Outstanding falls into.


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Lorenzini Apparels 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.

Lorenzini Apparels'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
=( (86.277 + 116.652) / 2 ) / 547.592*365
=101.4645 / 547.592*365
=67.63

Lorenzini Apparels's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding (Q: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (193.696 + 0) / 1 ) / 212.705*365 / 4
=193.696 / 212.705*365 / 4
=83.10

* 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.


Lorenzini Apparels  (BOM:540952) Days Sales Outstanding Explanation

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


Lorenzini Apparels Days Sales Outstanding Related Terms

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Lorenzini Apparels Business Description

Traded in Other Exchanges
Address
C-64, Okhla Industrial Area Phase - I, South Delhi, New Delhi, IND, 110020
Lorenzini Apparels Ltd is engaged in the business of manufacturing, designing and marketing of readymade garments offering diverse range of formal, semi-formal and casual wear for men and women. It serves customers through the channels of retail and e-commerce. Its garment manufacturing process includes cutting, stitching, sewing, finishing, inspection and packing. It also outsources the garments manufacturing on job work basis from third party contractors from time to time and provides the technical specifications such as designs, pattern, quality, fabric etc. to them who, based on its specifications, procure the requisite raw materials at their own costs and begin the manufacturing process.

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