Wipro (BOM:507685) Days Sales Outstanding

: 45.11 (As of Sep. 2023)

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Wipro's average Accounts Receivable for the three months ended in Sep. 2023 was ₹111,302 Mil. Wipro's Revenue for the three months ended in Sep. 2023 was ₹225,159 Mil. Hence, Wipro's Days Sales Outstanding for the three months ended in Sep. 2023 was 45.11.

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

BOM:507685' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.65 Med: 63.62 Max: 68.77
Current: 47.65

During the past 13 years, Wipro's highest Days Sales Outstanding was 68.77. The lowest was 47.65. And the median was 63.62.

BOM:507685's Days Sales Outstanding is ranked better than
67.95% of 2724 companies
in the Software industry
Industry Median: 62.27 vs BOM:507685: 47.65

Wipro's Days Sales Outstanding declined from Sep. 2022 (51.12) to Sep. 2023 (45.11).

Wipro Days Sales Outstanding Historical Data

The historical data trend for Wipro'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.

Wipro Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

62.76

61.30

58.56

48.34

48.72

Wipro Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding																51.12	49.10	49.40	48.12	45.11

Competitive Comparison

For the Information Technology Services subindustry, Wipro'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.

Wipro Days Sales Outstanding Distribution

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

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

Wipro 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.

Wipro'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
=	( (115219	+	126350)	/	2 )	/	904876	*	365
=	120784.5					/	904876	*	365
=	48.72

Wipro'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: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (114457	+	108146)	/	2 )	/	225159	*	365 / 4
=	111301.5					/	225159	*	365 / 4
=	45.11

Wipro (BOM:507685) Days Sales Outstanding Explanation

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

Wipro Days Sales Outstanding Related Terms

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Wipro (BOM:507685) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wipro Ltd (BOM:507685) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

WIT:USA WIPRO:India WIOA:Germany WIOA:Austria

Address

Sarjapur Road, Doddakannelli, Bangalore, KA, IND, 560 035

Website

https://www.wipro.com

Wipro is a leading global IT services provider, with 175,000 employees. Based in Bengaluru, this India IT services firm leverages its offshore outsourcing model to derive over half of its revenue (57%) from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service.

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