Softsol India (BOM:532344) Days Sales Outstanding : 79.12 (As of Dec. 2023)

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What is Softsol India Days Sales Outstanding?

Softsol India's average Accounts Receivable for the three months ended in Dec. 2023 was ₹147.4 Mil. Softsol India's Revenue for the three months ended in Dec. 2023 was ₹170.0 Mil. Hence, Softsol India's Days Sales Outstanding for the three months ended in Dec. 2023 was 79.12.

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

BOM:532344' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.63 Med: 86.06 Max: 109.07
Current: 82

During the past 13 years, Softsol India's highest Days Sales Outstanding was 109.07. The lowest was 48.63. And the median was 86.06.

BOM:532344's Days Sales Outstanding is ranked worse than
67.12% of 2734 companies
in the Software industry
Industry Median: 61.68 vs BOM:532344: 82.00

Softsol India's Days Sales Outstanding increased from Dec. 2022 (76.09) to Dec. 2023 (79.12).

Softsol India Days Sales Outstanding Historical Data

The historical data trend for Softsol India'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.

Softsol India Days Sales Outstanding Chart

Softsol India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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88.02

99.74

103.58

49.28

48.63

Softsol India 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															76.09	130.26	48.91	76.22	79.12

Competitive Comparison of Softsol India's Days Sales Outstanding

For the Software - Application subindustry, Softsol India'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.

Softsol India's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Softsol India's Days Sales Outstanding falls into.

Softsol India 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.

Softsol India'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
=	( (87.223	+	101.852)	/	2 )	/	709.586	*	365
=	94.5375					/	709.586	*	365
=	48.63

Softsol India'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
=	( (147.375	+	0)	/	1 )	/	169.965	*	365 / 4
=	147.375					/	169.965	*	365 / 4
=	79.12

Softsol India (BOM:532344) Days Sales Outstanding Explanation

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

Softsol India Days Sales Outstanding Related Terms

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Softsol India (BOM:532344) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Softsol India Ltd (BOM:532344) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

Plot No. 4, Software Units Layout, Madhapur, Hyderabad, TG, IND, 500081

Website

https://www.softsolindia.com

Softsol India Ltd is an India-based company, which is engaged in computer programming, consultancy, and related activities. It offers various services, including Enterprise Modernization, such as Power Builder, Mainframe, and Oracle forms; Testing Services; Custom Application Development; Cloud Computing Services; Strategic Consulting, and Remote Infrastructure Management. The company derives revenues primarily from information and technology services and leasing of properties or spaces.

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