63 Moons Technologies (BOM:526881) Days Sales Outstanding : 21.36 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is 63 Moons Technologies Days Sales Outstanding?

63 Moons Technologies's average Accounts Receivable for the three months ended in Dec. 2023 was ₹376 Mil. 63 Moons Technologies's Revenue for the three months ended in Dec. 2023 was ₹1,607 Mil. Hence, 63 Moons Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 21.36.

The historical rank and industry rank for 63 Moons Technologies's Days Sales Outstanding or its related term are showing as below:

BOM:526881' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.71 Med: 76.33 Max: 156.74
Current: 28.71

During the past 13 years, 63 Moons Technologies's highest Days Sales Outstanding was 156.74. The lowest was 28.71. And the median was 76.33.

BOM:526881's Days Sales Outstanding is ranked better than
86.64% of 2732 companies
in the Software industry
Industry Median: 61.675 vs BOM:526881: 28.71

63 Moons Technologies's Days Sales Outstanding declined from Dec. 2022 (46.13) to Dec. 2023 (21.36).

63 Moons Technologies Days Sales Outstanding Historical Data

The historical data trend for 63 Moons Technologies'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.

* Premium members only.

63 Moons Technologies Days Sales Outstanding Chart

63 Moons Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

80.49

101.35

100.13

92.07

53.25

63 Moons Technologies 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															46.13	36.11	35.02	21.62	21.36

Competitive Comparison of 63 Moons Technologies's Days Sales Outstanding

For the Software - Application subindustry, 63 Moons Technologies'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.

63 Moons Technologies's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, 63 Moons Technologies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where 63 Moons Technologies's Days Sales Outstanding falls into.

63 Moons Technologies 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.

63 Moons Technologies'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
=	( (403.891	+	441.315)	/	2 )	/	2896.778	*	365
=	422.603					/	2896.778	*	365
=	53.25

63 Moons Technologies'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
=	( (375.983	+	0)	/	1 )	/	1606.524	*	365 / 4
=	375.983					/	1606.524	*	365 / 4
=	21.36

63 Moons Technologies (BOM:526881) Days Sales Outstanding Explanation

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

63 Moons Technologies Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of 63 Moons Technologies's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

63 Moons Technologies (BOM:526881) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » 63 Moons Technologies Ltd (BOM:526881) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

63MOONS:India

Address

Suren Road, FT Tower, CTS No. 256 and 257, Chakala, Andheri (East), Mumbai, MH, IND, 400 093

Website

https://www.63moons.com

63 Moons Technologies Ltd is a company that is involved in the business of offering technology intellectual property and domain expertise to create and trade on next-generation financial markets across all asset classes including equities, commodities, currencies, and bonds among others. Its products and solutions portfolio includes exchange technology solutions, brokerage technology solutions, and risk solutions. The company's business segments include Straight Through Processing (STP) technologies and solutions and Others. It derives the majority of its revenues from STP technologies and solutions segment.

63 Moons Technologies (BOM:526881) Headlines

No Headlines