Jointeca Education Solutions (BOM:534659) Days Sales Outstanding : 380.29 (As of Sep. 2023)

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What is Jointeca Education Solutions Days Sales Outstanding?

Jointeca Education Solutions's average Accounts Receivable for the six months ended in Sep. 2023 was ₹0.75 Mil. Jointeca Education Solutions's Revenue for the six months ended in Sep. 2023 was ₹0.36 Mil. Hence, Jointeca Education Solutions's Days Sales Outstanding for the six months ended in Sep. 2023 was 380.29.

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

BOM:534659' s Days Sales Outstanding Range Over the Past 10 Years
Min: 60.32 Med: 345.54 Max: 2085.89
Current: 430.02

During the past 12 years, Jointeca Education Solutions's highest Days Sales Outstanding was 2085.89. The lowest was 60.32. And the median was 345.54.

BOM:534659's Days Sales Outstanding is ranked worse than
96.82% of 2734 companies
in the Software industry
Industry Median: 61.68 vs BOM:534659: 430.02

Jointeca Education Solutions's Days Sales Outstanding declined from Sep. 2022 (1,318.42) to Sep. 2023 (380.29).

Jointeca Education Solutions Days Sales Outstanding Historical Data

The historical data trend for Jointeca Education Solutions'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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Jointeca Education Solutions Days Sales Outstanding Chart

Jointeca Education Solutions Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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255.90

840.58

2,085.89

1,453.34

710.48

Jointeca Education Solutions Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															2,035.58	1,084.10	1,318.42	456.00	380.29

Competitive Comparison of Jointeca Education Solutions's Days Sales Outstanding

For the Software - Application subindustry, Jointeca Education Solutions'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.

Jointeca Education Solutions's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Jointeca Education Solutions's Days Sales Outstanding falls into.

Jointeca Education Solutions 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.

Jointeca Education Solutions'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
=	( (1.31	+	0.765)	/	2 )	/	0.533	*	365
=	1.0375					/	0.533	*	365
=	710.48

Jointeca Education Solutions's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0.765	+	0.727)	/	2 )	/	0.358	*	365 / 2
=	0.746					/	0.358	*	365 / 2
=	380.29

Jointeca Education Solutions (BOM:534659) Days Sales Outstanding Explanation

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

Jointeca Education Solutions Days Sales Outstanding Related Terms

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Jointeca Education Solutions (BOM:534659) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Jointeca Education Solutions Ltd (BOM:534659) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

53B, Geeta Enclave, Near Dr. V.K. Garg, Krishna Nagar, Mathura, UP, IND, 281004

Website

http://www.jointeca.com

Jointeca Education Solutions Ltd offers educational solutions to schools, colleges, and institutes in the northern region of India. The company provides desktop applications, online portals, and software. Its product portfolio includes Guruseva, Sikhlo, and Resto. Resto is a readymade business solution for Restaurant business operation and account management.

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