Real Touch Finance (BOM:538611) Days Sales Outstanding : 0.66 (As of Mar. 2024)

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What is Real Touch Finance Days Sales Outstanding?

Real Touch Finance's average Accounts Receivable for the three months ended in Mar. 2024 was ₹0.4 Mil. Real Touch Finance's Revenue for the three months ended in Mar. 2024 was ₹54.0 Mil. Hence, Real Touch Finance's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.66.

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

BOM:538611' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.75 Med: 9 Max: 16.33
Current: 5.75

During the past 11 years, Real Touch Finance's highest Days Sales Outstanding was 16.33. The lowest was 5.75. And the median was 9.00.

BOM:538611's Days Sales Outstanding is ranked better than
80.45% of 266 companies
in the Credit Services industry
Industry Median: 52.42 vs BOM:538611: 5.75

Real Touch Finance's Days Sales Outstanding declined from Mar. 2023 (17.60) to Mar. 2024 (0.66).

Real Touch Finance Days Sales Outstanding Historical Data

The historical data trend for Real Touch Finance'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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Real Touch Finance Days Sales Outstanding Chart

Real Touch Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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6.47

9.43

16.33

8.56

Real Touch Finance 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															17.60	17.81	0.13	0.12	0.66

Competitive Comparison of Real Touch Finance's Days Sales Outstanding

For the Credit Services subindustry, Real Touch Finance'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.

Real Touch Finance's Days Sales Outstanding Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Real Touch Finance's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Real Touch Finance's Days Sales Outstanding falls into.

Real Touch Finance 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.

Real Touch Finance'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
=	( (8.402	+	0.389)	/	2 )	/	187.361	*	365
=	4.3955					/	187.361	*	365
=	8.56

Real Touch Finance'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	+	0.389)	/	1 )	/	53.981	*	365 / 4
=	0.389					/	53.981	*	365 / 4
=	0.66

Real Touch Finance (BOM:538611) Days Sales Outstanding Explanation

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

Real Touch Finance Days Sales Outstanding Related Terms

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Real Touch Finance (BOM:538611) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Real Touch Finance Ltd (BOM:538611) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 480, Anna Salai, 3rd Floor, Khivraj Complex - I, Nandanam, Chennai, TN, IND, 600035

Website

https://www.realtouchfinance.com

Real Touch Finance Ltd is an India-based non-banking finance company. It is engaged in the business of making both long-term and short-term investments in quoted as well as unquoted shares. It also offers short-term and long-term Loans. The company operates in India and derives primary revenue from the interest income.

Real Touch Finance (BOM:538611) Headlines

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