3i Infotech (BOM:532628) Days Sales Outstanding : 49.76 (As of Dec. 2023)

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What is 3i Infotech Days Sales Outstanding?

3i Infotech's average Accounts Receivable for the three months ended in Dec. 2023 was ₹1,157 Mil. 3i Infotech's Revenue for the three months ended in Dec. 2023 was ₹2,122 Mil. Hence, 3i Infotech's Days Sales Outstanding for the three months ended in Dec. 2023 was 49.76.

The historical rank and industry rank for 3i Infotech's Days Sales Outstanding or its related term are showing as below:

BOM:532628' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.05 Med: 64.55 Max: 113.99
Current: 50.95

During the past 13 years, 3i Infotech's highest Days Sales Outstanding was 113.99. The lowest was 49.05. And the median was 64.55.

BOM:532628's Days Sales Outstanding is ranked better than
63.79% of 2734 companies
in the Software industry
Industry Median: 61.68 vs BOM:532628: 50.95

3i Infotech's Days Sales Outstanding declined from Dec. 2022 (50.16) to Dec. 2023 (49.76).

3i Infotech Days Sales Outstanding Historical Data

The historical data trend for 3i Infotech'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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3i Infotech Days Sales Outstanding Chart

3i Infotech Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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74.26

113.99

83.95

49.05

54.04

3i Infotech Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															50.16	58.53	57.35	50.21	49.76

Competitive Comparison of 3i Infotech's Days Sales Outstanding

For the Information Technology Services subindustry, 3i Infotech'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.

3i Infotech's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, 3i Infotech's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where 3i Infotech's Days Sales Outstanding falls into.

3i Infotech 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.

3i Infotech'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
=	( (937.1	+	1221.7)	/	2 )	/	7291.1	*	365
=	1079.4					/	7291.1	*	365
=	54.04

3i Infotech's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1157	+	0)	/	1 )	/	2121.8	*	365 / 4
=	1157					/	2121.8	*	365 / 4
=	49.76

3i Infotech (BOM:532628) Days Sales Outstanding Explanation

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

3i Infotech Days Sales Outstanding Related Terms

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3i Infotech (BOM:532628) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » 3i Infotech Ltd (BOM:532628) » Definitions » Days Sales Outstanding

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3IINFOLTD:India

Address

International Infotech Park, Tower No. 5, 3rd to 6th Floors, Vashi, Navi Mumbai, MH, IND, 400703

Website

https://www.3i-infotech.com

3i Infotech Ltd is an information technology company. It provides a set of Internet protocol (IP)-based software solutions with a range of IT services. The firm operates through two segments: IT Solutions and Transaction Services. The IT Solutions segment includes the sale of IT products developed by the company and provides IT services to various companies on an outsourcing business model. It includes packaged applications for the banking, insurance, capital markets, asset and wealth management (BFSI) space, and an enterprise resource planning (ERP) suite. The Transaction Services segment covers the management of back-office operations for BFSI clients. Through transaction service offerings, the firm provides clients with services, such as human resources and payroll management services.

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