Pioneer Embroideries (NSE:PIONEEREMB) Days Sales Outstanding : 29.18 (As of Mar. 2024)

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What is Pioneer Embroideries Days Sales Outstanding?

Pioneer Embroideries's average Accounts Receivable for the three months ended in Mar. 2024 was ₹302 Mil. Pioneer Embroideries's Revenue for the three months ended in Mar. 2024 was ₹945 Mil. Hence, Pioneer Embroideries's Days Sales Outstanding for the three months ended in Mar. 2024 was 29.18.

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

NSE:PIONEEREMB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.98 Med: 35.83 Max: 42.64
Current: 34.06

During the past 13 years, Pioneer Embroideries's highest Days Sales Outstanding was 42.64. The lowest was 29.98. And the median was 35.83.

NSE:PIONEEREMB's Days Sales Outstanding is ranked better than
73.52% of 1031 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 52.78 vs NSE:PIONEEREMB: 34.06

Pioneer Embroideries's Days Sales Outstanding declined from Mar. 2023 (33.06) to Mar. 2024 (29.18).

Pioneer Embroideries Days Sales Outstanding Historical Data

The historical data trend for Pioneer Embroideries'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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Pioneer Embroideries Days Sales Outstanding Chart

Pioneer Embroideries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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37.71

34.18

29.98

31.87

31.15

Pioneer Embroideries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															33.06	33.44	40.73	39.31	29.18

Competitive Comparison of Pioneer Embroideries's Days Sales Outstanding

For the Textile Manufacturing subindustry, Pioneer Embroideries'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.

Pioneer Embroideries's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Pioneer Embroideries's Days Sales Outstanding falls into.

Pioneer Embroideries 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.

Pioneer Embroideries'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
=	( (268.352	+	302.223)	/	2 )	/	3343.323	*	365
=	285.2875					/	3343.323	*	365
=	31.15

Pioneer Embroideries'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	+	302.223)	/	1 )	/	945	*	365 / 4
=	302.223					/	945	*	365 / 4
=	29.18

Pioneer Embroideries (NSE:PIONEEREMB) Days Sales Outstanding Explanation

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

Pioneer Embroideries Days Sales Outstanding Related Terms

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Pioneer Embroideries (NSE:PIONEEREMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Pioneer Embroideries Ltd (NSE:PIONEEREMB) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

514300:India

Address

3-A Udyog Nagar, Off S. V. Road, 2nd Floor, Orient House, Unit No. 21 to 25, Goregaon (West), Mumbai, MH, IND, 400062

Website

https://www.pelhakoba.com

Pioneer Embroideries Ltd is a manufacturer and exporter of Dope Dyed Polyester Yarn (DDPY), Embroidery and Lace Products. It has only one operating segment being Textile. The company's products include Dope dyed polyester yarns; embroidered laces, including fabric and guipure, and embroidered dress material; braided laces; embroidered fabrics, allover fabrics, and laces, and crochet laces.

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