VIP Industries (NSE:VIPIND) Days Sales Outstanding: 56.59 (As of Mar. 2026) — 12% Above Median

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NSE:VIPIND VIP Industries Ltd NSE:VIPIND
73 GF Score
Price ₹297.45
GF Value ₹402.22
Valuation Modestly Undervalued
! 7 Warning Signs
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What is VIP Industries Days Sales Outstanding?

VIP Industries NSE:VIPIND +0.17% 73 Days Sales Outstanding is 56.59 as of Mar. 2026, which is 12% above its 10-year median of 50.37. GuruFocus rates NSE:VIPIND with a GF Score™ of 73/100 and a GF Value™ of ₹402.22 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,030 Manufacturing - Apparel & Accessories companies, VIP Industries ranks worse than 63.01% on this metric.

VIP Industries's average Accounts Receivable for the three months ended in Mar. 2026 was ₹2,705 Mil. VIP Industries's Revenue for the three months ended in Mar. 2026 was ₹4,362 Mil. Hence, VIP Industries's Days Sales Outstanding for the three months ended in Mar. 2026 was 56.59.

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

NSE:VIPIND' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.57   Med: 50.37   Max: 122.98
Current: 63.98

During the past 13 years, VIP Industries's highest Days Sales Outstanding was 122.98. The lowest was 38.57. And the median was 50.37.

NSE:VIPIND's Days Sales Outstanding is ranked worse than
63.01% of 1030 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 52.28 vs NSE:VIPIND: 63.98

VIP Industries's Days Sales Outstanding declined from Mar. 2025 (68.01) to Mar. 2026 (56.59).


VIP Industries  (NSE:VIPIND) Days Sales Outstanding Explanation

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


VIP Industries Days Sales Outstanding Related Terms


VIP Industries Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for VIP Industries'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.

VIP Industries Days Sales Outstanding Chart

VIP Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.04 41.60 47.54 58.30 62.75

VIP Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.01 59.87 75.95 67.96 56.59

NSE:VIPIND vs NKE, DECK, ONON: Days Sales Outstanding Comparison

For the Footwear & Accessories subindustry, VIP Industries'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.


VIP Industries Days Sales Outstanding vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where VIP Industries's Days Sales Outstanding falls into.


NSE:VIPIND
73GF Score
VIP Industries Ltd NSE:VIPIND
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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VIP Industries 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.

VIP Industries's Days Sales Outstanding for the fiscal year that ended in Mar. 2026 is calculated as

Days Sales Outstanding (A: Mar. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count ) / Revenue (A: Mar. 2026 )*Days in Period
=( (3683.4 + 2705.4) / 2 ) / 18581.3*365
=3194.4 / 18581.3*365
=62.75

VIP Industries's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding (Q: Mar. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count ) / Revenue (A: Mar. 2026 )*Days in Period
=( (0 + 2705.4) / 1 ) / 4362.3*365 / 4
=2705.4 / 4362.3*365 / 4
=56.59

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 56.59 mean?
VIP Industries (NSE:VIPIND) has a Days Sales Outstanding of 56.59 as of Mar. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on VIP Industries and its competitors. This is 12% above median its historical median of 50.37. Over the past decade, VIP Industries' Days Sales Outstanding has ranged from 38.57 to 122.98. According to the industry distribution chart, VIP Industries ranks #649 out of 1030 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 63%.
Is VIP Industries' Days Sales Outstanding too high?
VIP Industries' current Days Sales Outstanding of 56.59 is 12% above median its 10-year median of 50.37. Over the past 10 years, this metric has ranged from a low of 38.57 to a high of 122.98. The Manufacturing - Apparel & Accessories industry median Days Sales Outstanding is 52.28. VIP Industries' value of 56.59 is 8.2% above this industry median. Based on the distribution chart, VIP Industries ranks #649 out of 1030 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, VIP Industries has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VIP Industries' Days Sales Outstanding compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, VIP Industries ranks #649 out of 1030 companies for Days Sales Outstanding. This places VIP Industries in the lower half of its industry. The industry median Days Sales Outstanding is 52.28. VIP Industries' value of 56.59 is 8.2% above this benchmark. Historically, VIP Industries' own Days Sales Outstanding has ranged from 38.57 to 122.98 over the past decade. While the company's 10-year median is 50.37 vs. the industry median of 52.28, VIP Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a Manufacturing - Apparel & Accessories company?
The median Days Sales Outstanding among Manufacturing - Apparel & Accessories companies is 52.28, based on 1,030 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. VIP Industries's current Days Sales Outstanding of 56.59 is 8.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on VIP Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Sales Outstanding is 52.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VIP Industries's current Days Sales Outstanding is 56.59, which is 12% above median its own 10-year median of 50.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIP Industries stock overvalued right now?
Based on GuruFocus' analysis, VIP Industries (NSE:VIPIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹402.22, compared to a current price of ₹297.45 — trading 26% below its estimated fair value. The current Days Sales Outstanding is 56.59, which is 12% above median its 10-year median of 50.37 and 8.2% above the Manufacturing - Apparel & Accessories industry median of 52.28. VIP Industries' overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For VIP Industries (NSE:VIPIND), the current Days Sales Outstanding is 56.59 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is VIP Industries (NSE:VIPIND) Overvalued in 2026?

Based on GuruFocus' analysis, VIP Industries stock appears to be undervalued. The current stock price of ₹297.45 is trading 26% below its estimated GF Value™ of ₹402.22. GuruFocus considers VIP Industries to be Modestly Undervalued.

Key valuation signals for NSE:VIPIND:

  • Days Sales Outstanding: 56.59 (12% above median its 10-year median of 50.37)
  • GF Value™: ₹402.22 vs. price of ₹297.45 (26% below fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 8.2% above the Manufacturing - Apparel & Accessories median (#649 of 1030)

No single metric tells the full story. See the NSE:VIPIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VIP Industries Business Description

Other Exchanges 507880:India
Address 88-C, Old Prabhadevi Road, DGP House, 5th Floor, Mumbai, MH, IND, 400 025
VIP Industries Ltd is a luggage manufacturer based in India. The company's only segment is the manufacturing and marketing of luggage, bags, and accessories. Geographically, it derives a majority of revenue from India. VIP has a range of brands across luggage categories including Carlton, VIP Bags, Skybags, Aristocrat, Alfa, and Caprese through which it sells trolleys, rucksacks, backpacks, duffel bags, laptop bags, travel accessories, short-haul essentials, soft uprights, vanity cases, hard suitcases, briefcases, and others.
73GF Score

Get the complete analysis for NSE:VIPIND

Days Sales Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹297.45
Price
₹402.22
GF Value