Ramco Systems (BOM:532370) Days Sales Outstanding : 66.23 (As of Mar. 2024)

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What is Ramco Systems Days Sales Outstanding?

Ramco Systems's average Accounts Receivable for the three months ended in Mar. 2024 was ₹952 Mil. Ramco Systems's Revenue for the three months ended in Mar. 2024 was ₹1,312 Mil. Hence, Ramco Systems's Days Sales Outstanding for the three months ended in Mar. 2024 was 66.23.

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

BOM:532370' s Days Sales Outstanding Range Over the Past 10 Years
Min: 80.33 Med: 108.18 Max: 119.81
Current: 80.33

During the past 13 years, Ramco Systems's highest Days Sales Outstanding was 119.81. The lowest was 80.33. And the median was 108.18.

BOM:532370's Days Sales Outstanding is ranked worse than
66.17% of 2734 companies
in the Software industry
Industry Median: 61.68 vs BOM:532370: 80.33

Ramco Systems's Days Sales Outstanding declined from Mar. 2023 (110.06) to Mar. 2024 (66.23).

Ramco Systems Days Sales Outstanding Historical Data

The historical data trend for Ramco Systems'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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Ramco Systems Days Sales Outstanding Chart

Ramco Systems Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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107.90

108.46

119.81

118.23

85.88

Ramco Systems 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															110.06	99.55	71.76	70.96	66.23

Competitive Comparison of Ramco Systems's Days Sales Outstanding

For the Software - Application subindustry, Ramco Systems'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.

Ramco Systems's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Ramco Systems's Days Sales Outstanding falls into.

Ramco Systems 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.

Ramco Systems'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
=	( (1522.32	+	952.23)	/	2 )	/	5258.31	*	365
=	1237.275					/	5258.31	*	365
=	85.88

Ramco Systems'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	+	952.23)	/	1 )	/	1312.04	*	365 / 4
=	952.23					/	1312.04	*	365 / 4
=	66.23

Ramco Systems (BOM:532370) Days Sales Outstanding Explanation

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

Ramco Systems Days Sales Outstanding Related Terms

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Ramco Systems (BOM:532370) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ramco Systems Ltd (BOM:532370) » Definitions » Days Sales Outstanding

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RAMCOSYS:India

Address

No. 64, Sardar Patel Road, Taramani, Chennai, TN, IND, 600 113

Website

https://www.ramco.com

Ramco Systems Ltd develops software and software products for human capital management, payroll, enterprise resource management, monitoring and evaluation, and maintenance, repair, and overhaul providers in the Aviation industry. The company develops software through its enterprise application assembly and delivery platform Ramco VirtualWorks for transaction systems and Ramco DecisionWorks for analytics/reporting. The product portfolio of the company includes aviation, aerospace & defense management software, enterprise resource planning software, payroll & logistics software on the cloud. The majority of its revenue is earned from the sale of licenses and services.

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