Vaxtex Cotfab (NSE:VCL) Days Sales Outstanding : 100.34 (As of Mar. 2023)

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What is Vaxtex Cotfab Days Sales Outstanding?

Vaxtex Cotfab's average Accounts Receivable for the three months ended in Mar. 2023 was ₹182.2 Mil. Vaxtex Cotfab's Revenue for the three months ended in Mar. 2023 was ₹165.7 Mil. Hence, Vaxtex Cotfab's Days Sales Outstanding for the three months ended in Mar. 2023 was 100.34.

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

NSE:VCL's Days Sales Outstanding is not ranked ^*
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 52.78
* Ranked among companies with meaningful Days Sales Outstanding only.

Vaxtex Cotfab's Days Sales Outstanding increased from Mar. 2022 (17.67) to Mar. 2023 (100.34).

Vaxtex Cotfab Days Sales Outstanding Historical Data

The historical data trend for Vaxtex Cotfab'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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Vaxtex Cotfab Days Sales Outstanding Chart

Vaxtex Cotfab Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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64.65

87.09

127.91

47.11

58.92

Vaxtex Cotfab Quarterly Data
	Mar17	Mar18	Mar19	Jun19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Days Sales Outstanding	Get a 7-Day Free Trial											17.67	19.27	150.49	242.23	100.34

Competitive Comparison of Vaxtex Cotfab's Days Sales Outstanding

For the Textile Manufacturing subindustry, Vaxtex Cotfab'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.

Vaxtex Cotfab's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Vaxtex Cotfab's Days Sales Outstanding falls into.

Vaxtex Cotfab 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.

Vaxtex Cotfab'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
=	( (61.946	+	182.207)	/	2 )	/	756.215	*	365
=	122.0765					/	756.215	*	365
=	58.92

Vaxtex Cotfab'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: Dec. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (0	+	182.207)	/	1 )	/	165.704	*	365 / 4
=	182.207					/	165.704	*	365 / 4
=	100.34

Vaxtex Cotfab (NSE:VCL) Days Sales Outstanding Explanation

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

Vaxtex Cotfab Days Sales Outstanding Related Terms

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Vaxtex Cotfab (NSE:VCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vaxtex Cotfab Ltd (NSE:VCL) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Near Rakhial Char Rasta, J-03 (GF to 4th Floor) Tejendra Arcade, Near Ganjifarak Mill Compound, Rakhial, Ahmedabad, GJ, IND, 380023

Website

https://www.vaxtexcotfabltd.com

Vaxtex Cotfab Ltd is engaged in manufacturing and processing fabrics of Shirting and Suiting. Its products include Denim fabric, Home textile, Jeans, Mens casual shirts, Printed fabric and Yarn.

Vaxtex Cotfab (NSE:VCL) Headlines

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