Aarvi Encon (NSE:AARVI) Days Sales Outstanding : 59.99 (As of Dec. 2023)

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What is Aarvi Encon Days Sales Outstanding?

Aarvi Encon's average Accounts Receivable for the three months ended in Dec. 2023 was ₹657 Mil. Aarvi Encon's Revenue for the three months ended in Dec. 2023 was ₹999 Mil. Hence, Aarvi Encon's Days Sales Outstanding for the three months ended in Dec. 2023 was 59.99.

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

NSE:AARVI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.22 Med: 87.96 Max: 101.64
Current: 66.22

During the past 11 years, Aarvi Encon's highest Days Sales Outstanding was 101.64. The lowest was 66.22. And the median was 87.96.

NSE:AARVI's Days Sales Outstanding is ranked worse than
59.92% of 1038 companies
in the Business Services industry
Industry Median: 58.43 vs NSE:AARVI: 66.22

Aarvi Encon's Days Sales Outstanding declined from Dec. 2022 (61.88) to Dec. 2023 (59.99).

Aarvi Encon Days Sales Outstanding Historical Data

The historical data trend for Aarvi Encon'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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Aarvi Encon Days Sales Outstanding Chart

Aarvi Encon Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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79.16

89.37

101.64

86.55

74.72

Aarvi Encon Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															61.88	86.92	72.82	58.11	59.99

Competitive Comparison of Aarvi Encon's Days Sales Outstanding

For the Staffing & Employment Services subindustry, Aarvi Encon'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.

Aarvi Encon's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Aarvi Encon's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Aarvi Encon's Days Sales Outstanding falls into.

Aarvi Encon 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.

Aarvi Encon'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
=	( (810.107	+	950.264)	/	2 )	/	4299.906	*	365
=	880.1855					/	4299.906	*	365
=	74.72

Aarvi Encon's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (643.356	+	670.002)	/	2 )	/	998.849	*	365 / 4
=	656.679					/	998.849	*	365 / 4
=	59.99

Aarvi Encon (NSE:AARVI) Days Sales Outstanding Explanation

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

Aarvi Encon Days Sales Outstanding Related Terms

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Aarvi Encon (NSE:AARVI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Aarvi Encon Ltd (NSE:AARVI) » Definitions » Days Sales Outstanding

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Address

G.K. Road, Marathon Innova, B1 Wing, 603, Marathon NextGen Complex, Opposite Peninsula Corporate Park, Lower Parel (West), Mumbai, MH, IND, 400013

Website

https://www.aarviencon.com

Aarvi Encon Ltd is a technical manpower outsourcing company providing Staffing solutions to companies in different sectors. Its services include Information Technology Staffing, Manpower Outsourcing, Manpower Deputation, Project Management, Construction Supervision, and Inspection Services, among others. The company caters its services to industries such as Oil and Gas, Engineering, Metals and Minerals, Fertilizer, Telecom, Pipeline, Infrastructure, and others. Geographically, it generates the majority of the revenue from India.

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