CES (BOM:512341) Days Sales Outstanding : 67.06 (As of Mar. 2023)

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What is CES Days Sales Outstanding?

CES's average Accounts Receivable for the six months ended in Mar. 2023 was ₹783 Mil. CES's Revenue for the six months ended in Mar. 2023 was ₹4,265 Mil. Hence, CES's Days Sales Outstanding for the six months ended in Mar. 2023 was 33.53.

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

BOM:512341' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.98 Med: 56.66 Max: 70.23
Current: 67.06

During the past 13 years, CES's highest Days Sales Outstanding was 70.23. The lowest was 33.98. And the median was 56.66.

BOM:512341's Days Sales Outstanding is not ranked
in the Software industry.
Industry Median: 61.68 vs BOM:512341: 67.06

CES's Days Sales Outstanding increased from Mar. 2021 (60.83) to Mar. 2023 (67.06).

CES Days Sales Outstanding Historical Data

The historical data trend for CES'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.

CES Days Sales Outstanding Chart

CES Annual Data

Trend

Jun14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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52.13

48.55

60.83

63.90

67.06

CES Semi-Annual Data
	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Days Sales Outstanding	Get a 7-Day Free Trial									52.13	48.55	60.83	63.90	67.06

Competitive Comparison of CES's Days Sales Outstanding

For the Information Technology Services subindustry, CES'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.

CES's Days Sales Outstanding Distribution in the Software Industry

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

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

CES 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.

CES'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
=	( (719.609	+	847.358)	/	2 )	/	4264.523	*	365
=	783.4835					/	4264.523	*	365
=	67.06

CES'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: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (719.609	+	847.358)	/	2 )	/	4264.523	*	365 / 2
=	783.4835					/	4264.523	*	365 / 2
=	33.53

CES (BOM:512341) Days Sales Outstanding Explanation

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

CES Days Sales Outstanding Related Terms

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CES (BOM:512341) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CES Ltd (BOM:512341) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

7th Floor, Tower-A, Ramky Selenium, Nanakramguda, Gachibowli, Hyderabad, TG, IND, 500032

Website

https://www.cesltd.com

CES Ltd together with its subsidiaries is an Information Technology and Information Technology Enabled Services provider, dedicated to serving the midsize market of global enterprises. The company provides services that are tailor-made to each customer. The company's services include product engineering, application lifecycle management, enterprise application, e-commerce support alternative asset management services. Its segments include IT Services and IT Enabled Services, which generate the majority of the company's revenue. Geographically the company generates revenue from the USA and India.

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