Arihant Institute (BOM:541401) Days Sales Outstanding : 15,450.71 (As of Sep. 2023)

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What is Arihant Institute Days Sales Outstanding?

Arihant Institute's average Accounts Receivable for the six months ended in Sep. 2023 was ₹45.63 Mil. Arihant Institute's Revenue for the six months ended in Sep. 2023 was ₹0.54 Mil. Hence, Arihant Institute's Days Sales Outstanding for the six months ended in Sep. 2023 was 15,450.71.

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

BOM:541401' s Days Sales Outstanding Range Over the Past 10 Years
Min: 135.97 Med: 573.67 Max: 108437.5
Current: 19075.35

During the past 11 years, Arihant Institute's highest Days Sales Outstanding was 108437.50. The lowest was 135.97. And the median was 573.67.

BOM:541401's Days Sales Outstanding is not ranked
in the Education industry.
Industry Median: 29.03 vs BOM:541401: 19075.35

Arihant Institute's Days Sales Outstanding increased from Sep. 2022 (13,951.95) to Sep. 2023 (15,450.71).

Arihant Institute Days Sales Outstanding Historical Data

The historical data trend for Arihant Institute'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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Arihant Institute Days Sales Outstanding Chart

Arihant Institute Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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702.98

2,682.88

51,337.61

108,437.50

17,979.12

Arihant Institute Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial												79,059.00	172,303.80	13,951.95	24,963.84	15,450.71

Competitive Comparison of Arihant Institute's Days Sales Outstanding

For the Education & Training Services subindustry, Arihant Institute'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.

Arihant Institute's Days Sales Outstanding Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Arihant Institute's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Arihant Institute's Days Sales Outstanding falls into.

Arihant Institute 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.

Arihant Institute'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
=	( (43.43	+	44.249)	/	2 )	/	0.89	*	365
=	43.8395					/	0.89	*	365
=	17,979.12

Arihant Institute'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
=	( (44.249	+	47.016)	/	2 )	/	0.539	*	365 / 2
=	45.6325					/	0.539	*	365 / 2
=	15,450.71

Arihant Institute (BOM:541401) Days Sales Outstanding Explanation

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

Arihant Institute Days Sales Outstanding Related Terms

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Arihant Institute (BOM:541401) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Arihant Institute Ltd (BOM:541401) » Definitions » Days Sales Outstanding

Comparable Companies

PBYA BOM:530093 BOM:542592 BOM:543443 TSXV:CHN

Traded in Other Exchanges

N/A

Address

201,202, Ratna High Street, Near Naranpura Crossroad, 2nd Floor, Naranpura, Ahmedabad, GJ, IND, 380 013

Website

http://www.arihantinstitute.com

Arihant Institute Ltd is engaged in providing coaching and educational guidance for students appearing for professional courses such as Company Secretary, Chartered Accountant, and CMA, among others. It provides coaching and guidance from entry-level test exams till the final exam and covers all the subjects in depth with the test series. The company operates the educational program and coaching under the brand name Arihant Institute. It generates its revenue in the form of income from Education, E-learning, E-library, Online study materials, and others.

Arihant Institute (BOM:541401) Headlines

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