GURUFOCUS.COM » STOCK LIST » Technology » Software » Xchanging Solutions Ltd (BOM:532616) » Definitions » Days Sales Outstanding

Xchanging Solutions (BOM:532616) Days Sales Outstanding : 19.44 (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Xchanging Solutions Days Sales Outstanding?

Xchanging Solutions's average Accounts Receivable for the three months ended in Dec. 2023 was ₹91 Mil. Xchanging Solutions's Revenue for the three months ended in Dec. 2023 was ₹425 Mil. Hence, Xchanging Solutions's Days Sales Outstanding for the three months ended in Dec. 2023 was 19.44.

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

BOM:532616' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.35   Med: 59.55   Max: 75.71
Current: 16.35

During the past 13 years, Xchanging Solutions's highest Days Sales Outstanding was 75.71. The lowest was 16.35. And the median was 59.55.

BOM:532616's Days Sales Outstanding is ranked better than
93.29% of 2727 companies
in the Software industry
Industry Median: 61.89 vs BOM:532616: 16.35

Xchanging Solutions's Days Sales Outstanding increased from Dec. 2022 (15.51) to Dec. 2023 (19.44).


Xchanging Solutions Days Sales Outstanding Historical Data

The historical data trend for Xchanging 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.

* Premium members only.

Xchanging Solutions Days Sales Outstanding Chart

Xchanging Solutions Annual Data
Trend Dec13 Dec14 Dec15 Mar16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.55 49.55 28.01 25.25 23.35

Xchanging Solutions 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.51 15.03 15.56 19.09 19.44

Competitive Comparison of Xchanging Solutions's Days Sales Outstanding

For the Information Technology Services subindustry, Xchanging 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.


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

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

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



Xchanging 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.

Xchanging 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
=( (147.8 + 75.4) / 2 ) / 1744.2*365
=111.6 / 1744.2*365
=23.35

Xchanging Solutions'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
=( (90.5 + 0) / 1 ) / 424.8*365 / 4
=90.5 / 424.8*365 / 4
=19.44

* 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.


Xchanging Solutions  (BOM:532616) Days Sales Outstanding Explanation

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


Xchanging Solutions Days Sales Outstanding Related Terms

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


Xchanging Solutions (BOM:532616) Business Description

Traded in Other Exchanges
Address
K R Puram Hobli, Kalyani Tech Park, Survey No. 1, 6 and 24, Kundanhalli Village, Bangalore, KA, IND, 560 066
Xchanging Solutions Ltd is an Information Technology company. The company serves Healthcare, Life Sciences, Insurance, Travel, Transportation and Hospitality, Banking and Capital Markets, Aerospace and Defense, Energy, Utilities, Oil and Gas, and others. Its services include Analytics, Application Services, Business Process Services, Cloud and Platform Services, Consulting, Enterprise and Cloud Apps, Internet of Things (IoT), Security, and others. Geographically, it derives a majority of its revenue from the USA and also has a presence in Europe, India, Singapore, and the Rest of the World.

Xchanging Solutions (BOM:532616) Headlines

No Headlines