HCL Technologies (BOM:532281) Days Sales Outstanding : 62.38 (As of Mar. 2024)

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What is HCL Technologies Days Sales Outstanding?

HCL Technologies's average Accounts Receivable for the three months ended in Mar. 2024 was ₹194,830 Mil. HCL Technologies's Revenue for the three months ended in Mar. 2024 was ₹284,990 Mil. Hence, HCL Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 62.38.

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

BOM:532281' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.03 Med: 63.76 Max: 67.29
Current: 63.21

During the past 13 years, HCL Technologies's highest Days Sales Outstanding was 67.29. The lowest was 57.03. And the median was 63.76.

BOM:532281's Days Sales Outstanding is ranked worse than
51.37% of 2735 companies
in the Software industry
Industry Median: 61.83 vs BOM:532281: 63.21

HCL Technologies's Days Sales Outstanding declined from Mar. 2023 (78.41) to Mar. 2024 (62.38).

HCL Technologies Days Sales Outstanding Historical Data

The historical data trend for HCL Technologies'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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HCL Technologies Days Sales Outstanding Chart

HCL Technologies Annual Data

Trend

Jun14

Jun15

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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66.72

67.29

62.09

63.04

64.85

HCL Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															78.41	67.92	61.76	57.91	62.38

Competitive Comparison of HCL Technologies's Days Sales Outstanding

For the Information Technology Services subindustry, HCL Technologies'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.

HCL Technologies's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where HCL Technologies's Days Sales Outstanding falls into.

HCL Technologies 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.

HCL Technologies's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (195720	+	194830)	/	2 )	/	1099130	*	365
=	195275					/	1099130	*	365
=	64.85

HCL Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0	+	194830)	/	1 )	/	284990	*	365 / 4
=	194830					/	284990	*	365 / 4
=	62.38

HCL Technologies (BOM:532281) Days Sales Outstanding Explanation

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

HCL Technologies Days Sales Outstanding Related Terms

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HCL Technologies (BOM:532281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » HCL Technologies Ltd (BOM:532281) » Definitions » Days Sales Outstanding

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HCLTECH:India

Address

Technology Hub, Special Economic Zone, Plot No. 3A, Sector 126, Noida, UP, IND, 201 304

Website

https://www.hcltech.com

HCL Technologies Ltd provides enterprises with IT solutions in India. It focuses on offering Digital, Internet of Things Services, Cloud, Automation, Cybersecurity, Infrastructure Management, and Engineering Services to solve business problems for clients. While the company is based in India, it has international clients in a large number of countries. It offers solutions to a variety of industries including Financial Services, Public Services, Consumer Services, Healthcare, and Manufacturing. It operates in three segments IT and Business Services, Engineering and R&D Services, and Products and Platforms. The firm emphasizes consultation services for firms, with the goal to offer them digital and design solutions. Most of the firm's revenue comes from IT and Business Services segment.

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