Dhani Services (BOM:532960) Days Sales Outstanding : 55.52 (As of Dec. 2023)

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What is Dhani Services Days Sales Outstanding?

Dhani Services's average Accounts Receivable for the three months ended in Dec. 2023 was ₹571 Mil. Dhani Services's Revenue for the three months ended in Dec. 2023 was ₹939 Mil. Hence, Dhani Services's Days Sales Outstanding for the three months ended in Dec. 2023 was 55.52.

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

BOM:532960' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.48 Med: 96.25 Max: 286.55
Current: 88.91

During the past 13 years, Dhani Services's highest Days Sales Outstanding was 286.55. The lowest was 15.48. And the median was 96.25.

BOM:532960's Days Sales Outstanding is ranked worse than
63.16% of 266 companies
in the Credit Services industry
Industry Median: 42.225 vs BOM:532960: 88.91

Dhani Services's Days Sales Outstanding increased from Dec. 2022 (48.54) to Dec. 2023 (55.52).

Warning Sign:

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

Dhani Services Days Sales Outstanding Historical Data

The historical data trend for Dhani Services'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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Dhani Services Days Sales Outstanding Chart

Dhani Services Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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30.79

15.48

27.11

28.66

69.80

Dhani Services 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															48.54	214.67	105.66	54.34	55.52

Competitive Comparison of Dhani Services's Days Sales Outstanding

For the Credit Services subindustry, Dhani Services'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.

Dhani Services's Days Sales Outstanding Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Dhani Services's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Dhani Services's Days Sales Outstanding falls into.

Dhani Services 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.

Dhani Services'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
=	( (963.477	+	1154.628)	/	2 )	/	5537.75	*	365
=	1059.0525					/	5537.75	*	365
=	69.80

Dhani Services'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
=	( (571.334	+	0)	/	1 )	/	939.083	*	365 / 4
=	571.334					/	939.083	*	365 / 4
=	55.52

Dhani Services (BOM:532960) Days Sales Outstanding Explanation

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

Dhani Services Days Sales Outstanding Related Terms

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Dhani Services (BOM:532960) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Dhani Services Ltd (BOM:532960) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

DHANI:India

Address

4th Floor, S. B. Marg, One International Centre, Tower 1, Elphinstone (West), Mumbai, MH, IND, 400013

Website

https://www.dhanistocks.com

Dhani Services Ltd is a capital market company providing securities and derivative broking services. It is registered with SEBI as a Stock Broker, a Depository Participant, a Research Analyst, and a Merchant Banker in Category I. The company's products include Equity Trading, Derivative Trading, Commodity Trading, Currency Trading, and IPO. It is also engaged in Credit Line, Online Pharmacy, Payments services.

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