Octaware Technologies (BOM:540416) Days Sales Outstanding : 36.36 (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Octaware Technologies Days Sales Outstanding?

Octaware Technologies's average Accounts Receivable for the six months ended in Sep. 2023 was ₹14.9 Mil. Octaware Technologies's Revenue for the six months ended in Sep. 2023 was ₹74.8 Mil. Hence, Octaware Technologies's Days Sales Outstanding for the six months ended in Sep. 2023 was 36.36.

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

BOM:540416' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.19 Med: 160.19 Max: 189.18
Current: 34.19

During the past 10 years, Octaware Technologies's highest Days Sales Outstanding was 189.18. The lowest was 34.19. And the median was 160.19.

BOM:540416's Days Sales Outstanding is ranked better than
82.47% of 2732 companies
in the Software industry
Industry Median: 61.675 vs BOM:540416: 34.19

Octaware Technologies's Days Sales Outstanding declined from Sep. 2022 (43.37) to Sep. 2023 (36.36).

Octaware Technologies Days Sales Outstanding Historical Data

The historical data trend for Octaware 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.

Octaware Technologies Days Sales Outstanding Chart

Octaware Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

185.69

124.42

79.63

60.55

43.40

Octaware Technologies Semi-Annual Data
	Mar14	Mar15	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													61.17	43.90	43.37	37.01	36.36

Competitive Comparison of Octaware Technologies's Days Sales Outstanding

For the Software - Application subindustry, Octaware 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.

Octaware Technologies's Days Sales Outstanding Distribution in the Software Industry

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

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

Octaware 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.

Octaware 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
=	( (20.806	+	20.368)	/	2 )	/	173.151	*	365
=	20.587					/	173.151	*	365
=	43.40

Octaware Technologies'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
=	( (20.368	+	9.435)	/	2 )	/	74.787	*	365 / 2
=	14.9015					/	74.787	*	365 / 2
=	36.36

Octaware Technologies (BOM:540416) Days Sales Outstanding Explanation

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

Octaware Technologies Days Sales Outstanding Related Terms

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

Octaware Technologies (BOM:540416) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Octaware Technologies Ltd (BOM:540416) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Makwana Road, Off Andheri-Kurla, 204, Timmy Arcade, Marol, Andheri (East), Mumbai, MH, IND, 400 059

Website

https://www.octaware.com

Octaware Technologies Ltd is a software development, enterprise solutions and consulting firm. It serves healthcare, finance, government, education, real estate and construction and other industries. The company services include Enterprise Portal, ERP and CRM Implementation, Software Architecture, Software Development Services, Mobile Solutions, Cloud, Security and IT Infrastructure Services, Geospatial Services and others. Some of its product includes PowerERM; Hospice; iOnAsset; Intelli Trade and others. It also has a presence in the USA, Singapore, UAE, Qatar, Saudi Arabia, and India. Revenue is generated from the sale of services.

Octaware Technologies (BOM:540416) Headlines

No Headlines