SoftTech Engineers (NSE:SOFTTECH) Days Sales Outstanding : 134.76 (As of Dec. 2023)

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What is SoftTech Engineers Days Sales Outstanding?

SoftTech Engineers's average Accounts Receivable for the three months ended in Dec. 2023 was ₹272.9 Mil. SoftTech Engineers's Revenue for the three months ended in Dec. 2023 was ₹184.8 Mil. Hence, SoftTech Engineers's Days Sales Outstanding for the three months ended in Dec. 2023 was 134.76.

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

NSE:SOFTTECH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 118.14 Med: 162.3 Max: 304.45
Current: 140.8

During the past 11 years, SoftTech Engineers's highest Days Sales Outstanding was 304.45. The lowest was 118.14. And the median was 162.30.

NSE:SOFTTECH's Days Sales Outstanding is ranked worse than
84.97% of 2735 companies
in the Software industry
Industry Median: 61.83 vs NSE:SOFTTECH: 140.80

SoftTech Engineers's Days Sales Outstanding declined from Dec. 2022 (170.00) to Dec. 2023 (134.76).

SoftTech Engineers Days Sales Outstanding Historical Data

The historical data trend for SoftTech Engineers'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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SoftTech Engineers Days Sales Outstanding Chart

SoftTech Engineers Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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118.14

172.62

304.45

198.35

154.11

SoftTech Engineers Quarterly Data
	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															170.00	130.12	126.86	130.24	134.76

Competitive Comparison of SoftTech Engineers's Days Sales Outstanding

For the Software - Application subindustry, SoftTech Engineers'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.

SoftTech Engineers's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where SoftTech Engineers's Days Sales Outstanding falls into.

SoftTech Engineers 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.

SoftTech Engineers'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
=	( (290.778	+	261.52)	/	2 )	/	654.048	*	365
=	276.149					/	654.048	*	365
=	154.11

SoftTech Engineers'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
=	( (272.903	+	0)	/	1 )	/	184.797	*	365 / 4
=	272.903					/	184.797	*	365 / 4
=	134.76

SoftTech Engineers (NSE:SOFTTECH) Days Sales Outstanding Explanation

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

SoftTech Engineers Days Sales Outstanding Related Terms

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SoftTech Engineers (NSE:SOFTTECH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SoftTech Engineers Ltd (NSE:SOFTTECH) » Definitions » Days Sales Outstanding

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543470:India

Address

Baner Road, SoftTech Towers, S NO 1/1A/7 8 15 16 17 Plot No. B,C,D, 1-Baner, Opposite Royal Enfield Showroom, Pune, MH, IND, 411045

Website

https://www.softtech-engr.com

SoftTech Engineers Ltd is a software product company. The company develops software and intellectual property in the architecture, engineering, and construction (AEC) domains. Its product includes AutoDCR; PWIMS; Opticon; BIMDCR; and RuleBuddy. The company serves large infrastructure; real estate; government organizations and consultants companies. Geographically, it operates only in India.

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