Globesecure Technologies (NSE:GSTL) Days Sales Outstanding : 66.06 (As of Sep. 2023)

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What is Globesecure Technologies Days Sales Outstanding?

Globesecure Technologies's average Accounts Receivable for the six months ended in Sep. 2023 was ₹36.4 Mil. Globesecure Technologies's Revenue for the six months ended in Sep. 2023 was ₹100.5 Mil. Hence, Globesecure Technologies's Days Sales Outstanding for the six months ended in Sep. 2023 was 66.06.

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

NSE:GSTL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 65.11 Med: 129.75 Max: 148.36
Current: 72.89

During the past 5 years, Globesecure Technologies's highest Days Sales Outstanding was 148.36. The lowest was 65.11. And the median was 129.75.

NSE:GSTL's Days Sales Outstanding is ranked worse than
60.35% of 2734 companies
in the Software industry
Industry Median: 61.68 vs NSE:GSTL: 72.89

Globesecure Technologies's Days Sales Outstanding declined from Sep. 2022 (436.58) to Sep. 2023 (66.06).

Globesecure Technologies Days Sales Outstanding Historical Data

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

Globesecure Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

138.91

65.11

85.81

148.36

129.75

Globesecure Technologies Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial			347.28	122.32	436.58	61.32	66.06

Competitive Comparison of Globesecure Technologies's Days Sales Outstanding

For the Software - Infrastructure subindustry, Globesecure 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.

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

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

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

Globesecure 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.

Globesecure 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
=	( (156.286	+	27.35)	/	2 )	/	258.297	*	365
=	91.818					/	258.297	*	365
=	129.75

Globesecure Technologies'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
=	( (27.35	+	45.42)	/	2 )	/	100.517	*	365 / 2
=	36.385					/	100.517	*	365 / 2
=	66.06

Globesecure Technologies (NSE:GSTL) Days Sales Outstanding Explanation

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

Globesecure Technologies Days Sales Outstanding Related Terms

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Globesecure Technologies (NSE:GSTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Globesecure Technologies Ltd (NSE:GSTL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

B-614, 215 Atrium, Kanakia Spacs, Near Courtyard Marriott Hotel, Andheri (East), Mumbai, MH, IND, 400069

Website

https://www.globesecure.in

Globesecure Technologies Ltd is a digital transformation company in India that offers cyber security services. The company's business line is classified into three divisions namely Cyber Security, Integrated Enterprise Solutions, and Managed Services including cyber forensics, cyber security, data security services, protection of computer networks, Email security, server consolidation and transformation, hosting, infrastructure-as-a-service, cloud-based big data and analytics solution, application modernization and others. The company generates its revenue from Sales of IT and IT-enabled services.

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