Swaraj Suiting (NSE:SWARAJ) Days Sales Outstanding : 43.83 (As of Mar. 2023)

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What is Swaraj Suiting Days Sales Outstanding?

Swaraj Suiting's average Accounts Receivable for the six months ended in Mar. 2023 was ₹419 Mil. Swaraj Suiting's Revenue for the six months ended in Mar. 2023 was ₹1,744 Mil. Hence, Swaraj Suiting's Days Sales Outstanding for the six months ended in Mar. 2023 was 43.83.

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

NSE:SWARAJ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.58 Med: 60.45 Max: 81.65
Current: 54.3

During the past 5 years, Swaraj Suiting's highest Days Sales Outstanding was 81.65. The lowest was 38.58. And the median was 60.45.

NSE:SWARAJ's Days Sales Outstanding is ranked worse than
51.91% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 52.81 vs NSE:SWARAJ: 54.30

Swaraj Suiting's Days Sales Outstanding declined from Mar. 2022 (51.86) to Mar. 2023 (43.83).

Swaraj Suiting Days Sales Outstanding Historical Data

The historical data trend for Swaraj Suiting'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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Swaraj Suiting Days Sales Outstanding Chart

Swaraj Suiting Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

62.16

60.45

81.65

38.58

58.87

Swaraj Suiting Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23
Days Sales Outstanding	Get a 7-Day Free Trial			-	28.86	51.86	83.87	43.83

Competitive Comparison of Swaraj Suiting's Days Sales Outstanding

For the Textile Manufacturing subindustry, Swaraj Suiting'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.

Swaraj Suiting's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Swaraj Suiting's Days Sales Outstanding falls into.

Swaraj Suiting 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.

Swaraj Suiting's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (140.909	+	566.505)	/	2 )	/	2192.929	*	365
=	353.707					/	2192.929	*	365
=	58.87

Swaraj Suiting's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding (Q: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (271.344	+	566.505)	/	2 )	/	1744.399	*	365 / 2
=	418.9245					/	1744.399	*	365 / 2
=	43.83

Swaraj Suiting (NSE:SWARAJ) Days Sales Outstanding Explanation

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

Swaraj Suiting Days Sales Outstanding Related Terms

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Swaraj Suiting (NSE:SWARAJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Swaraj Suiting Ltd (NSE:SWARAJ) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

RIICO Growth Centre, F-483 To F-487, Hamirgarh, Bhilwara, RJ, IND, 311025

Website

https://www.swarajsuiting.com

Swaraj Suiting Ltd is mainly engaged into the textile industry. It operates under various verticals namely manufacturing of denim, grey fabric, weaving on a Job Work basis, trading of the finished fabric and grey fabric and yarn. The company operates in four states Rajasthan, Gujarat, Madhya Pradesh and Maharashtra. The company generates the majority of its revenue from Finish Fabrics sale.

Swaraj Suiting (NSE:SWARAJ) Headlines

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