Angel Fibers (BOM:541006) Days Sales Outstanding : 22.35 (As of Mar. 2024)

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What is Angel Fibers Days Sales Outstanding?

Angel Fibers's average Accounts Receivable for the six months ended in Mar. 2024 was ₹116 Mil. Angel Fibers's Revenue for the six months ended in Mar. 2024 was ₹945 Mil. Hence, Angel Fibers's Days Sales Outstanding for the six months ended in Mar. 2024 was 22.35.

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

BOM:541006' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.58 Med: 22.14 Max: 33.18
Current: 22.1

During the past 11 years, Angel Fibers's highest Days Sales Outstanding was 33.18. The lowest was 5.58. And the median was 22.14.

BOM:541006's Days Sales Outstanding is ranked better than
86.02% of 1030 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 52.78 vs BOM:541006: 22.10

Angel Fibers's Days Sales Outstanding declined from Mar. 2023 (33.13) to Mar. 2024 (22.35).

Angel Fibers Days Sales Outstanding Historical Data

The historical data trend for Angel Fibers'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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Angel Fibers Days Sales Outstanding Chart

Angel Fibers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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22.44

27.54

14.83

33.18

22.14

Angel Fibers Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial													11.46	36.19	33.13	21.81	22.35

Competitive Comparison of Angel Fibers's Days Sales Outstanding

For the Textile Manufacturing subindustry, Angel Fibers'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.

Angel Fibers's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Angel Fibers's Days Sales Outstanding falls into.

Angel Fibers 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.

Angel Fibers'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
=	( (112.276	+	117.353)	/	2 )	/	1892.644	*	365
=	114.8145					/	1892.644	*	365
=	22.14

Angel Fibers'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: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (114.172	+	117.353)	/	2 )	/	945.307	*	365 / 2
=	115.7625					/	945.307	*	365 / 2
=	22.35

Angel Fibers (BOM:541006) Days Sales Outstanding Explanation

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

Angel Fibers Days Sales Outstanding Related Terms

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Angel Fibers (BOM:541006) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Angel Fibers Ltd (BOM:541006) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Survey No. 100/1, Plot No. 1, Kalavad - Ranuja Road, Taluka - Kalavad, Jamnagar, GJ, IND, 361112

Website

http://www.angelfibers.com

Angel Fibers Ltd is a textile manufacturing company. It also trades in cotton waste which is by-product of its manufactured product. The company operates in the Spinning of Cotton Yarn business segment. The products of the company are Cotton Carded Yarn, Cotton Combed Yarn and Cotton Compact Yarn.

Angel Fibers (BOM:541006) Headlines

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