Medi Assist Healthcare Services (NSE:MEDIASSIST) Days Sales Outstanding : 109.93 (As of Mar. 2024)

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What is Medi Assist Healthcare Services Days Sales Outstanding?

Medi Assist Healthcare Services's average Accounts Receivable for the six months ended in Mar. 2024 was ₹2,004 Mil. Medi Assist Healthcare Services's Revenue for the six months ended in Mar. 2024 was ₹3,328 Mil. Hence, Medi Assist Healthcare Services's Days Sales Outstanding for the six months ended in Mar. 2024 was 109.93.

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

NSE:MEDIASSIST' s Days Sales Outstanding Range Over the Past 10 Years
Min: 87.92 Med: 98.91 Max: 131.48
Current: 101.22

During the past 4 years, Medi Assist Healthcare Services's highest Days Sales Outstanding was 131.48. The lowest was 87.92. And the median was 98.91.

NSE:MEDIASSIST's Days Sales Outstanding is ranked worse than
87.5% of 16 companies
in the Healthcare Plans industry
Industry Median: 32.08 vs NSE:MEDIASSIST: 101.22

Medi Assist Healthcare Services's Days Sales Outstanding increased from Mar. 2023 (88.75) to Mar. 2024 (109.93).

Medi Assist Healthcare Services Days Sales Outstanding Historical Data

The historical data trend for Medi Assist Healthcare 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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Medi Assist Healthcare Services Days Sales Outstanding Chart

Medi Assist Healthcare Services Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

131.48

108.92

88.89

87.92

Medi Assist Healthcare Services Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial			-	89.03	88.75	105.59	109.93

Competitive Comparison of Medi Assist Healthcare Services's Days Sales Outstanding

For the Healthcare Plans subindustry, Medi Assist Healthcare 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.

Medi Assist Healthcare Services's Days Sales Outstanding Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Medi Assist Healthcare Services's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Medi Assist Healthcare Services's Days Sales Outstanding falls into.

Medi Assist Healthcare 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.

Medi Assist Healthcare 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
=	( (1271.57	+	1786.25)	/	2 )	/	6347.25	*	365
=	1528.91					/	6347.25	*	365
=	87.92

Medi Assist Healthcare 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: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (2222.63	+	1786.25)	/	2 )	/	3327.69	*	365 / 2
=	2004.44					/	3327.69	*	365 / 2
=	109.93

Medi Assist Healthcare Services (NSE:MEDIASSIST) Days Sales Outstanding Explanation

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

Medi Assist Healthcare Services Days Sales Outstanding Related Terms

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Medi Assist Healthcare Services (NSE:MEDIASSIST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Medi Assist Healthcare Services Ltd (NSE:MEDIASSIST) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

544088:India

Address

Website

Medi Assist Healthcare Services Ltd is a HealthTech and InsurTech company focused on administering health benefits across employers, retail members, and public health schemes. Its clients are insurance companies and also serve as an intermediary between (a) general and health insurance companies and the insured members, (b) insurance companies and healthcare providers (such as hospitals), and (c) the Government and beneficiaries of public health schemes. The company derives income by providing health management services, software subscription, software license services, consultancy services and other allied services pertaining to healthcare and health insurance sector. It also offers business support services and other technical services.

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