Yudiz Solutions (NSE:YUDIZ) Days Sales Outstanding : 34.60 (As of Mar. 2023)

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What is Yudiz Solutions Days Sales Outstanding?

Yudiz Solutions's average Accounts Receivable for the six months ended in Mar. 2023 was ₹31.1 Mil. Yudiz Solutions's Revenue for the six months ended in Mar. 2023 was ₹164.0 Mil. Hence, Yudiz Solutions's Days Sales Outstanding for the six months ended in Mar. 2023 was 34.60.

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

NSE:YUDIZ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.76 Med: 40.75 Max: 66
Current: 32.99

During the past 4 years, Yudiz Solutions's highest Days Sales Outstanding was 66.00. The lowest was 19.76. And the median was 40.75.

NSE:YUDIZ's Days Sales Outstanding is ranked better than
83.32% of 2734 companies
in the Software industry
Industry Median: 61.68 vs NSE:YUDIZ: 32.99

Yudiz Solutions's Days Sales Outstanding increased from Mar. 2022 (0.00) to Mar. 2023 (34.60).

Yudiz Solutions Days Sales Outstanding Historical Data

The historical data trend for Yudiz Solutions'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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Yudiz Solutions Days Sales Outstanding Chart

Yudiz Solutions Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

66.00

36.38

19.76

45.12

Yudiz Solutions Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23
Days Sales Outstanding	-	-	-	15.41	34.60

Competitive Comparison of Yudiz Solutions's Days Sales Outstanding

For the Information Technology Services subindustry, Yudiz Solutions'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.

Yudiz Solutions's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Yudiz Solutions's Days Sales Outstanding falls into.

Yudiz Solutions 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.

Yudiz Solutions'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
=	( (11.877	+	55.646)	/	2 )	/	273.145	*	365
=	33.7615					/	273.145	*	365
=	45.12

Yudiz Solutions's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding (Q: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (6.551	+	55.646)	/	2 )	/	164.017	*	365 / 2
=	31.0985					/	164.017	*	365 / 2
=	34.60

Yudiz Solutions (NSE:YUDIZ) Days Sales Outstanding Explanation

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

Yudiz Solutions Days Sales Outstanding Related Terms

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Yudiz Solutions (NSE:YUDIZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Yudiz Solutions Ltd (NSE:YUDIZ) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Iscon-Ambli Road, 13th Floor, B square 2, Ahmedabad, GJ, IND, 380054

Website

https://www.yudiz.com

Yudiz Solutions Ltd is engaged in the business of providing IT solutions and consultancy focused on providing scalable and secure solutions to shape a business idea by implementing the latest and cutting-edge technologies. It offers web, mobile, game and blockchain solutions for business. It is an ISO 9001:2015 certified IT development company and an ideal digital transformation and technology services company for customers' needs. The company has consistently delivered a competitive edge in the form of robust, fore-sighted, and qualitative solutions.

Yudiz Solutions (NSE:YUDIZ) Headlines

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