Palred Technologies (BOM:532521) Days Sales Outstanding : 203.03 (As of Dec. 2023)

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What is Palred Technologies Days Sales Outstanding?

Palred Technologies's average Accounts Receivable for the three months ended in Dec. 2023 was ₹421 Mil. Palred Technologies's Revenue for the three months ended in Dec. 2023 was ₹189 Mil. Hence, Palred Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 203.03.

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

BOM:532521' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.12 Med: 35.33 Max: 184.18
Current: 106.55

During the past 13 years, Palred Technologies's highest Days Sales Outstanding was 184.18. The lowest was 6.12. And the median was 35.33.

BOM:532521's Days Sales Outstanding is ranked worse than
74.55% of 2460 companies
in the Hardware industry
Industry Median: 74.46 vs BOM:532521: 106.55

Palred Technologies's Days Sales Outstanding increased from Dec. 2022 (112.82) to Dec. 2023 (203.03).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Palred Technologies Days Sales Outstanding Historical Data

The historical data trend for Palred 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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Palred Technologies Days Sales Outstanding Chart

Palred Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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15.96

27.99

35.33

44.22

53.41

Palred Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															112.82	84.99	81.60	92.19	203.03

Competitive Comparison of Palred Technologies's Days Sales Outstanding

For the Consumer Electronics subindustry, Palred 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.

Palred Technologies's Days Sales Outstanding Distribution in the Hardware Industry

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

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

Palred 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.

Palred Technologies'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
=	( (137.624	+	295.589)	/	2 )	/	1480.201	*	365
=	216.6065					/	1480.201	*	365
=	53.41

Palred Technologies'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
=	( (421.048	+	0)	/	1 )	/	189.238	*	365 / 4
=	421.048					/	189.238	*	365 / 4
=	203.03

Palred Technologies (BOM:532521) Days Sales Outstanding Explanation

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

Palred Technologies Days Sales Outstanding Related Terms

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Palred Technologies (BOM:532521) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Palred Technologies Ltd (BOM:532521) » Definitions » Days Sales Outstanding

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PALREDTEC:India

Address

Road No. 12, Banjara Hills, House No. 8-2-703/2/B, Plot No. 2, Hyderabad, TG, IND, 500034

Website

https://www.palred.com

Palred Technologies Ltd is a holding company. It is engaged in providing information technology (IT) solutions and IT services for media and entertainment. It has an online e-commerce portal and is engaged in trading online in electronic products, fashion accessories, and providing related services.

Palred Technologies (BOM:532521) Headlines

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