Zoomcar Holdings (Zoomcar Holdings) Days Sales Outstanding : 9.80 (As of Dec. 2023)

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What is Zoomcar Holdings Days Sales Outstanding?

Zoomcar Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $0.26 Mil. Zoomcar Holdings's Revenue for the three months ended in Dec. 2023 was $2.42 Mil. Hence, Zoomcar Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 9.80.

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

ZCAR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.25 Med: 3.81 Max: 12.96
Current: 12.96

During the past 3 years, Zoomcar Holdings's highest Days Sales Outstanding was 12.96. The lowest was 2.25. And the median was 3.81.

ZCAR's Days Sales Outstanding is ranked better than
95.75% of 1035 companies
in the Business Services industry
Industry Median: 58.33 vs ZCAR: 12.96

Zoomcar Holdings's Days Sales Outstanding declined from Jun. 2022 (12.54) to Dec. 2023 (9.80).

Zoomcar Holdings Days Sales Outstanding Historical Data

The historical data trend for Zoomcar Holdings'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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Zoomcar Holdings Days Sales Outstanding Chart

Zoomcar Holdings Annual Data

Trend

Mar21

Mar22

Mar23

Days Sales Outstanding

2.25

3.81

9.49

Zoomcar Holdings Quarterly Data
	Mar21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			12.54	7.50	10.62	8.44	9.80

Competitive Comparison of Zoomcar Holdings's Days Sales Outstanding

For the Rental & Leasing Services subindustry, Zoomcar Holdings'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.

Zoomcar Holdings's Days Sales Outstanding Distribution in the Business Services Industry

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

* The bar in red indicates where Zoomcar Holdings's Days Sales Outstanding falls into.

Zoomcar Holdings 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.

Zoomcar Holdings'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
=	( (0.204	+	0.255)	/	2 )	/	8.826	*	365
=	0.2295					/	8.826	*	365
=	9.49

Zoomcar Holdings'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.229	+	0.291)	/	2 )	/	2.421	*	365 / 4
=	0.26					/	2.421	*	365 / 4
=	9.80

Zoomcar Holdings (NAS:ZCAR) Days Sales Outstanding Explanation

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

Zoomcar Holdings Days Sales Outstanding Related Terms

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Zoomcar Holdings (Zoomcar Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Zoomcar Holdings Inc (NAS:ZCAR) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

EO3:Germany

Address

HAL Old Airport Road, No.147, 1st Floor, ISRO Colony, Anjaneya Techno Park, Kodihalli, Bangalore, KA, IND, 560008

Website

https://www.zoomcar.com

Zoomcar Holdings Inc is India's largest marketplace for cars on rent. Zoomcar is a leading emerging-market-focused peer-to-peer car-sharing marketplace, with approximately 21,000 vehicles registered through its platform. The Company derives its revenue principally from short-term self-drive rentals and vehicle subscriptions. The self-drive rental business generates the majority of revenue. Geographically The company operates in India, Egypt, Indonesia, Vietnam, and the Philippines, Out of which the majority of revenue is derived from India.