Silicon Rental Solutions (BOM:543615) Days Sales Outstanding : 79.92 (As of Sep. 2023)

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What is Silicon Rental Solutions Days Sales Outstanding?

Silicon Rental Solutions's average Accounts Receivable for the six months ended in Sep. 2023 was ₹105.7 Mil. Silicon Rental Solutions's Revenue for the six months ended in Sep. 2023 was ₹241.4 Mil. Hence, Silicon Rental Solutions's Days Sales Outstanding for the six months ended in Sep. 2023 was 79.92.

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

BOM:543615' s Days Sales Outstanding Range Over the Past 10 Years
Min: 68.03 Med: 122.78 Max: 179.4
Current: 90.06

During the past 7 years, Silicon Rental Solutions's highest Days Sales Outstanding was 179.40. The lowest was 68.03. And the median was 122.78.

BOM:543615's Days Sales Outstanding is ranked worse than
72.22% of 2732 companies
in the Software industry
Industry Median: 61.815 vs BOM:543615: 90.06

Silicon Rental Solutions's Days Sales Outstanding increased from Sep. 2022 (58.37) to Sep. 2023 (79.92).

Silicon Rental Solutions Days Sales Outstanding Historical Data

The historical data trend for Silicon Rental 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.

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Silicon Rental Solutions Days Sales Outstanding Chart

Silicon Rental Solutions Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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144.92

122.61

122.94

75.50

68.03

Silicon Rental Solutions Semi-Annual Data
	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial				-	-	58.37	77.12	79.92

Competitive Comparison of Silicon Rental Solutions's Days Sales Outstanding

For the Information Technology Services subindustry, Silicon Rental 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.

Silicon Rental Solutions's Days Sales Outstanding Distribution in the Software Industry

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

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

Silicon Rental 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.

Silicon Rental 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
=	( (56.252	+	79.054)	/	2 )	/	362.962	*	365
=	67.653					/	362.962	*	365
=	68.03

Silicon Rental Solutions's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (79.054	+	132.405)	/	2 )	/	241.433	*	365 / 2
=	105.7295					/	241.433	*	365 / 2
=	79.92

Silicon Rental Solutions (BOM:543615) Days Sales Outstanding Explanation

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

Silicon Rental Solutions Days Sales Outstanding Related Terms

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Silicon Rental Solutions (BOM:543615) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Silicon Rental Solutions Ltd (BOM:543615) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 579/580, 5th Road, 5, Mohini Heights, Ground Floor, Khar (West), Mumbai, MH, IND, 400052

Website

https://www.silicongroup1.com

Silicon Rental Solutions Ltd is an IT equipment outsourcing company. It is engaged in providing end-to-end IT equipment on a rental and returnable basis in India. It provides laptops, desktops, printers, servers, and other peripherals like CCTV cameras, projectors, storage devices, etc., mainly to small, medium, and large corporate.

Silicon Rental Solutions (BOM:543615) Headlines

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