Laxmi Goldorna House (NSE:LGHL) Days Sales Outstanding : 175.00 (As of Sep. 2024)

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What is Laxmi Goldorna House Days Sales Outstanding?

Laxmi Goldorna House's average Accounts Receivable for the three months ended in Sep. 2024 was ₹424 Mil. Laxmi Goldorna House's Revenue for the three months ended in Sep. 2024 was ₹221 Mil. Hence, Laxmi Goldorna House's Days Sales Outstanding for the three months ended in Sep. 2024 was 175.00.

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

NSE:LGHL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.72 Med: 28.65 Max: 73.83
Current: 73.83

During the past 8 years, Laxmi Goldorna House's highest Days Sales Outstanding was 73.83. The lowest was 3.72. And the median was 28.65.

NSE:LGHL's Days Sales Outstanding is ranked worse than
87.49% of 1079 companies
in the Retail - Cyclical industry
Industry Median: 18.71 vs NSE:LGHL: 73.83

Laxmi Goldorna House's Days Sales Outstanding increased from Sep. 2023 (0.00) to Sep. 2024 (175.00).

Warning Sign:

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

Laxmi Goldorna House Days Sales Outstanding Historical Data

The historical data trend for Laxmi Goldorna House'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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Laxmi Goldorna House Days Sales Outstanding Chart

Laxmi Goldorna House Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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28.65

22.21

10.79

3.72

32.48

Laxmi Goldorna House Quarterly Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial										-	-	25.37	203.75	175.00

Competitive Comparison of Laxmi Goldorna House's Days Sales Outstanding

For the Luxury Goods subindustry, Laxmi Goldorna House'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.

Laxmi Goldorna House's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Laxmi Goldorna House's Days Sales Outstanding falls into.

Laxmi Goldorna House 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.

Laxmi Goldorna House'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
=	( (5.542	+	353.859)	/	2 )	/	2019.337	*	365
=	179.7005					/	2019.337	*	365
=	32.48

Laxmi Goldorna House's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (0	+	423.505)	/	1 )	/	220.829	*	365 / 4
=	423.505					/	220.829	*	365 / 4
=	175.00

Laxmi Goldorna House (NSE:LGHL) Days Sales Outstanding Explanation

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

Laxmi Goldorna House Days Sales Outstanding Related Terms

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Laxmi Goldorna House Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Laxmi Goldorna House Ltd (NSE:LGHL) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

M. G. Haveli Road, Laxmi House, Opposite Bandharano Khancho, Manekchowk, Ahmedabad, GJ, IND, 380001

Website

http://laxmilifestyle.co.in

Laxmi Goldorna House Ltd is engaged in manufacturing and trading business of branded gold jewellery and ornaments. Its collection of manufactured product includes gold jewellery with or without studded precious and semi-precious stones. It is also engaged in the real estate business that includes the construction of commercial and residential projects.