Siyaram Silk Mills (NSE:SIYSIL) Days Sales Outstanding : 65.88 (As of Mar. 2024)

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What is Siyaram Silk Mills Days Sales Outstanding?

Siyaram Silk Mills's average Accounts Receivable for the three months ended in Mar. 2024 was ₹4,677 Mil. Siyaram Silk Mills's Revenue for the three months ended in Mar. 2024 was ₹6,478 Mil. Hence, Siyaram Silk Mills's Days Sales Outstanding for the three months ended in Mar. 2024 was 65.88.

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

NSE:SIYSIL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 62.06 Med: 77.74 Max: 100.8
Current: 77.93

During the past 13 years, Siyaram Silk Mills's highest Days Sales Outstanding was 100.80. The lowest was 62.06. And the median was 77.74.

NSE:SIYSIL's Days Sales Outstanding is ranked worse than
73.4% of 1030 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 52.765 vs NSE:SIYSIL: 77.93

Siyaram Silk Mills's Days Sales Outstanding increased from Mar. 2023 (56.05) to Mar. 2024 (65.88).

Siyaram Silk Mills Days Sales Outstanding Historical Data

The historical data trend for Siyaram Silk Mills'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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Siyaram Silk Mills Days Sales Outstanding Chart

Siyaram Silk Mills Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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78.87

100.80

62.06

66.51

78.06

Siyaram Silk Mills 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															56.05	109.80	69.33	80.70	65.88

Competitive Comparison of Siyaram Silk Mills's Days Sales Outstanding

For the Textile Manufacturing subindustry, Siyaram Silk Mills'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.

Siyaram Silk Mills's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Siyaram Silk Mills's Days Sales Outstanding falls into.

Siyaram Silk Mills 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.

Siyaram Silk Mills'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
=	( (4271.614	+	4677)	/	2 )	/	20920.5	*	365
=	4474.307					/	20920.5	*	365
=	78.06

Siyaram Silk Mills'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	+	4677)	/	1 )	/	6477.7	*	365 / 4
=	4677					/	6477.7	*	365 / 4
=	65.88

Siyaram Silk Mills (NSE:SIYSIL) Days Sales Outstanding Explanation

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

Siyaram Silk Mills Days Sales Outstanding Related Terms

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Siyaram Silk Mills (NSE:SIYSIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Siyaram Silk Mills Ltd (NSE:SIYSIL) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

503811:India

Address

Senapati Bapat Marg, B-5, Trade World, Kamala City, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400 013

Website

https://www.siyaram.com

Siyaram Silk Mills Ltd is an Indian company that is engaged in the manufacturing of suiting and shirting fabrics and readymade garments. It sells its products under the brand name Cadini, Siyaram's, Oxemberg, and others. The company produces fashionable curtains and upholstery fabrics under the Casa Moda brand. The company operates a chain of retail outlets across India The company earns its revenue from the textile business.

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