QMS Medical Allied Services (NSE:QMSMEDI) Days Sales Outstanding : 80.12 (As of Dec. 2023)

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What is QMS Medical Allied Services Days Sales Outstanding?

QMS Medical Allied Services's average Accounts Receivable for the three months ended in Dec. 2023 was ₹309 Mil. QMS Medical Allied Services's Revenue for the three months ended in Dec. 2023 was ₹352 Mil. Hence, QMS Medical Allied Services's Days Sales Outstanding for the three months ended in Dec. 2023 was 80.12.

The historical rank and industry rank for QMS Medical Allied Services's Days Sales Outstanding or its related term are showing as below:

NSE:QMSMEDI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.14 Med: 68.68 Max: 142.24
Current: 105.37

During the past 4 years, QMS Medical Allied Services's highest Days Sales Outstanding was 142.24. The lowest was 51.14. And the median was 68.68.

NSE:QMSMEDI's Days Sales Outstanding is ranked worse than
80.42% of 807 companies
in the Medical Devices & Instruments industry
Industry Median: 64.92 vs NSE:QMSMEDI: 105.37

QMS Medical Allied Services's Days Sales Outstanding increased from Dec. 2022 (0.00) to Dec. 2023 (80.12).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

QMS Medical Allied Services Days Sales Outstanding Historical Data

The historical data trend for QMS Medical Allied Services'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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QMS Medical Allied Services Days Sales Outstanding Chart

QMS Medical Allied Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

56.26

51.14

81.10

142.24

QMS Medical Allied Services Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial					-	113.57	137.24	98.57	80.12

Competitive Comparison of QMS Medical Allied Services's Days Sales Outstanding

For the Medical Instruments & Supplies subindustry, QMS Medical Allied Services'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.

QMS Medical Allied Services's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, QMS Medical Allied Services's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where QMS Medical Allied Services's Days Sales Outstanding falls into.

QMS Medical Allied Services 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.

QMS Medical Allied Services'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
=	( (420.446	+	390.435)	/	2 )	/	1040.429	*	365
=	405.4405					/	1040.429	*	365
=	142.24

QMS Medical Allied Services'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
=	( (309.392	+	0)	/	1 )	/	352.351	*	365 / 4
=	309.392					/	352.351	*	365 / 4
=	80.12

QMS Medical Allied Services (NSE:QMSMEDI) Days Sales Outstanding Explanation

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

QMS Medical Allied Services Days Sales Outstanding Related Terms

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QMS Medical Allied Services (NSE:QMSMEDI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » QMS Medical Allied Services Ltd (NSE:QMSMEDI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prabhat Colony, Road No. 3, 1A-B/2A-B, Navkala Bharti Building, Plot No. 16, Near Santacruz Bus Depot, Santacruz (East), Mumbai, MH, IND, 400055

Website

https://qmsmas.com

QMS Medical Allied Services Ltd is engaged in the marketing and distribution of a wide range of medical products as well as medical education services. The company's products are sold under brand name "QDevices" and also manage the distribution for other brands such as 3M, Heine, Rossmax and others. It offers medical products such as Blood Pressure Monitors, Glucose Monitoring Kits and strips, Dental Products, Personal protection kits eg-PPE kits, Infection prevention, Stethoscope and Oxygen Concentrator.

QMS Medical Allied Services (NSE:QMSMEDI) Headlines

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