Richa Info Systems (NSE:RICHASMN) Days Sales Outstanding : 59.67 (As of Mar. 2023)

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What is Richa Info Systems Days Sales Outstanding?

Richa Info Systems's average Accounts Receivable for the six months ended in Mar. 2023 was ₹80.6 Mil. Richa Info Systems's Revenue for the six months ended in Mar. 2023 was ₹246.4 Mil. Hence, Richa Info Systems's Days Sales Outstanding for the six months ended in Mar. 2023 was 59.67.

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

NSE:RICHASMN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.88 Med: 42.3 Max: 99.4
Current: 90.83

During the past 5 years, Richa Info Systems's highest Days Sales Outstanding was 99.40. The lowest was 31.88. And the median was 42.30.

NSE:RICHASMN's Days Sales Outstanding is ranked worse than
72.69% of 2728 companies
in the Software industry
Industry Median: 61.85 vs NSE:RICHASMN: 90.83

Richa Info Systems's Days Sales Outstanding declined from Mar. 2022 (74.89) to Mar. 2023 (59.67).

Warning Sign:

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

Richa Info Systems Days Sales Outstanding Historical Data

The historical data trend for Richa Info Systems'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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Richa Info Systems Days Sales Outstanding Chart

Richa Info Systems Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

34.40

31.88

42.30

70.57

99.40

Richa Info Systems Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23
Days Sales Outstanding	Get a 7-Day Free Trial			-	59.76	74.89	155.81	59.67

Competitive Comparison of Richa Info Systems's Days Sales Outstanding

For the Software - Application subindustry, Richa Info Systems'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.

Richa Info Systems's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Richa Info Systems's Days Sales Outstanding falls into.

Richa Info Systems 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.

Richa Info Systems'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
=	( (94.205	+	92.102)	/	2 )	/	342.054	*	365
=	93.1535					/	342.054	*	365
=	99.40

Richa Info Systems's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding (Q: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (69.052	+	92.102)	/	2 )	/	246.445	*	365 / 2
=	80.577					/	246.445	*	365 / 2
=	59.67

Richa Info Systems (NSE:RICHASMN) Days Sales Outstanding Explanation

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

Richa Info Systems Days Sales Outstanding Related Terms

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Richa Info Systems (NSE:RICHASMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Richa Info Systems Ltd (NSE:RICHASMN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Opposite Copper Stone, Thaltej-Shilaj Road, Corporate House No. 17, Times Corporate Park, Thaltej, Ahmedabad, GJ, IND, 380059

Website

https://www.richainfosys.com

Richa Info Systems Ltd is engaged in the business of assembling innovative products and systems. It is an innovative company in the field of Education Technology, Collaborative Conferencing and Professional Displays, Security and Surveillance, and Interactive Flat Panels. The majority of revenue is derived from the Interactive Flat panel.

Richa Info Systems (NSE:RICHASMN) Headlines

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