IB Infotech Enterprises (BOM:519463) Days Sales Outstanding : 0.42 (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is IB Infotech Enterprises Days Sales Outstanding?

IB Infotech Enterprises's average Accounts Receivable for the three months ended in Dec. 2023 was ₹0.04 Mil. IB Infotech Enterprises's Revenue for the three months ended in Dec. 2023 was ₹9.41 Mil. Hence, IB Infotech Enterprises's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.42.

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

BOM:519463' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.4 Med: 0.4 Max: 0.54
Current: 0.54

During the past 12 years, IB Infotech Enterprises's highest Days Sales Outstanding was 0.54. The lowest was 0.40. And the median was 0.40.

BOM:519463's Days Sales Outstanding is ranked better than
99.74% of 2729 companies
in the Software industry
Industry Median: 61.8 vs BOM:519463: 0.54

IB Infotech Enterprises's Days Sales Outstanding increased from Sep. 2022 (0.00) to Dec. 2023 (0.42).

IB Infotech Enterprises Days Sales Outstanding Historical Data

The historical data trend for IB Infotech Enterprises'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.

* Premium members only.

IB Infotech Enterprises Days Sales Outstanding Chart

IB Infotech Enterprises Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

0.40

IB Infotech Enterprises Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															-	-	0.49	0.35	0.42

Competitive Comparison of IB Infotech Enterprises's Days Sales Outstanding

For the Information Technology Services subindustry, IB Infotech Enterprises'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.

IB Infotech Enterprises's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where IB Infotech Enterprises's Days Sales Outstanding falls into.

IB Infotech Enterprises 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.

IB Infotech Enterprises'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	+	0.033)	/	1 )	/	29.912	*	365
=	0.033					/	29.912	*	365
=	0.40

IB Infotech Enterprises'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
=	( (0.043	+	0)	/	1 )	/	9.405	*	365 / 4
=	0.043					/	9.405	*	365 / 4
=	0.42

IB Infotech Enterprises (BOM:519463) Days Sales Outstanding Explanation

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

IB Infotech Enterprises Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of IB Infotech Enterprises's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

IB Infotech Enterprises (BOM:519463) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » IB Infotech Enterprises Ltd (BOM:519463) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

428, Kailash Plaza, Vallabh Baug Lane, Ghatkopar (East), Mumbai, MH, IND, 400075

Website

http://www.ibinfotech.net.in

IB Infotech Enterprises Ltd is engaged in the manufacture, promotion, development, implemention, trading or deal in all types of information technology related services, Electronics, Wireless application products, Telecommunications, Media, and Advertising. It also involved in Internet technology, IT-enabled services, and Data encryption. The company has operations located in India.

IB Infotech Enterprises (BOM:519463) Headlines

No Headlines