Adcon Capital Services (BOM:539506) Days Sales Outstanding : 99.81 (As of Mar. 2024)

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What is Adcon Capital Services Days Sales Outstanding?

Adcon Capital Services's average Accounts Receivable for the three months ended in Mar. 2024 was ₹4.16 Mil. Adcon Capital Services's Revenue for the three months ended in Mar. 2024 was ₹3.80 Mil. Hence, Adcon Capital Services's Days Sales Outstanding for the three months ended in Mar. 2024 was 99.81.

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

BOM:539506' s Days Sales Outstanding Range Over the Past 10 Years
Min: -0.32 Med: 73.88 Max: 260.59
Current: 101.35

During the past 11 years, Adcon Capital Services's highest Days Sales Outstanding was 260.59. The lowest was -0.32. And the median was 73.88.

BOM:539506's Days Sales Outstanding is ranked worse than
65.28% of 265 companies
in the Credit Services industry
Industry Median: 46.66 vs BOM:539506: 101.35

Adcon Capital Services's Days Sales Outstanding declined from Mar. 2023 (135.44) to Mar. 2024 (99.81).

Adcon Capital Services Days Sales Outstanding Historical Data

The historical data trend for Adcon Capital Services'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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Adcon Capital Services Days Sales Outstanding Chart

Adcon Capital Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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11.18

93.26

260.59

98.33

Adcon Capital Services 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															135.44	95.11	107.43	109.84	99.81

Competitive Comparison of Adcon Capital Services's Days Sales Outstanding

For the Credit Services subindustry, Adcon Capital Services'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.

Adcon Capital Services's Days Sales Outstanding Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Adcon Capital Services's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Adcon Capital Services's Days Sales Outstanding falls into.

Adcon Capital Services 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.

Adcon Capital Services'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
=	( (4.876	+	4.161)	/	2 )	/	16.772	*	365
=	4.5185					/	16.772	*	365
=	98.33

Adcon Capital Services'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	+	4.161)	/	1 )	/	3.804	*	365 / 4
=	4.161					/	3.804	*	365 / 4
=	99.81

Adcon Capital Services (BOM:539506) Days Sales Outstanding Explanation

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

Adcon Capital Services Days Sales Outstanding Related Terms

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Adcon Capital Services (BOM:539506) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Adcon Capital Services Ltd (BOM:539506) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

890179:India

Address

Kali Krishna Tagore Street, 47A, Ground Floor, Ward No. 22, Near Posta Police Station, Kolkata, WB, IND, 700007

Website

http://www.adconcap.com

Adcon Capital Services Ltd operates as a non-banking financial company that provides loans and advances in India. It invests in shares of other companies; and provides capital market, corporate financing, trading, project, and management consultancy services of financing. The company operates domestically.

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