Shiva Texyarn (NSE:SHIVATEX) Days Sales Outstanding : 43.97 (As of Sep. 2024)

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What is Shiva Texyarn Days Sales Outstanding?

Shiva Texyarn's average Accounts Receivable for the three months ended in Sep. 2024 was ₹459 Mil. Shiva Texyarn's Revenue for the three months ended in Sep. 2024 was ₹952 Mil. Hence, Shiva Texyarn's Days Sales Outstanding for the three months ended in Sep. 2024 was 43.97.

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

NSE:SHIVATEX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.71 Med: 30.67 Max: 48.77
Current: 47.17

During the past 13 years, Shiva Texyarn's highest Days Sales Outstanding was 48.77. The lowest was 21.71. And the median was 30.67.

NSE:SHIVATEX's Days Sales Outstanding is ranked better than
58.18% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.02 vs NSE:SHIVATEX: 47.17

Shiva Texyarn's Days Sales Outstanding increased from Sep. 2023 (35.65) to Sep. 2024 (43.97).

Shiva Texyarn Days Sales Outstanding Historical Data

The historical data trend for Shiva Texyarn'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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Shiva Texyarn Days Sales Outstanding Chart

Shiva Texyarn Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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48.77

44.09

23.20

21.71

30.04

Shiva Texyarn Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															35.65	46.22	42.63	48.75	43.97

Competitive Comparison of Shiva Texyarn's Days Sales Outstanding

For the Textile Manufacturing subindustry, Shiva Texyarn'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.

Shiva Texyarn's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Shiva Texyarn's Days Sales Outstanding falls into.

Shiva Texyarn 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.

Shiva Texyarn'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
=	( (226.338	+	324.144)	/	2 )	/	3344.062	*	365
=	275.241					/	3344.062	*	365
=	30.04

Shiva Texyarn'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	+	458.66)	/	1 )	/	951.875	*	365 / 4
=	458.66					/	951.875	*	365 / 4
=	43.97

Shiva Texyarn (NSE:SHIVATEX) Days Sales Outstanding Explanation

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

Shiva Texyarn Days Sales Outstanding Related Terms

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Shiva Texyarn Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shiva Texyarn Ltd (NSE:SHIVATEX) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

511108:India

Address

Krishnaswamy Mudaliar Road, Sri Vari Kikani Center, 3A, 3rd Floor, R.S. Puram, Coimbatore, TN, IND, 641 002

Website

https://www.shivatex.in

Shiva Texyarn Ltd manufactures and markets Cotton yarn and other value-added textile products in India. It operates in the Textiles segment through the divisions of Spinning Mill, Processing, Lamination, Bag, and Garment, among others. The group sells products such as Yarn, Fabrics, Waste cotton and Garments, of which a majority of revenue is derived from the sale of Yarn products. Geographically, it has a business presence in India and other countries, of which a majority of the revenue is derived within India.

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