Onward Technologies (BOM:517536) Days Sales Outstanding: 52.34 (As of Jun. 2026) — 21% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:517536 Onward Technologies Ltd BOM:517536
83 GF Score
Price ₹283.40
GF Value ₹386.69
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Onward Technologies Days Sales Outstanding?

Onward Technologies BOM:517536 -0.02% 83 Days Sales Outstanding is 52.34 as of Jun. 2026, which is 21% below its 10-year median of 65.89. GuruFocus rates BOM:517536 with a GF Score™ of 83/100 and a GF Value™ of ₹386.69 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,768 Software companies, Onward Technologies ranks better than 58.49% on this metric.

Onward Technologies's average Accounts Receivable for the three months ended in Jun. 2026 was ₹857 Mil. Onward Technologies's Revenue for the three months ended in Jun. 2026 was ₹1,494 Mil. Hence, Onward Technologies's Days Sales Outstanding for the three months ended in Jun. 2026 was 52.34.

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

BOM:517536' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.65   Med: 65.89   Max: 70.94
Current: 52.65

During the past 13 years, Onward Technologies's highest Days Sales Outstanding was 70.94. The lowest was 52.65. And the median was 65.89.

BOM:517536's Days Sales Outstanding is ranked better than
58.49% of 2768 companies
in the Software industry
Industry Median: 60.36 vs BOM:517536: 52.65

Onward Technologies's Days Sales Outstanding declined from Jun. 2025 (54.22) to Jun. 2026 (52.34).


Onward Technologies  (BOM:517536) Days Sales Outstanding Explanation

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


Onward Technologies Days Sales Outstanding Related Terms


Onward Technologies Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Onward 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.

Onward Technologies Days Sales Outstanding Chart

Onward Technologies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.78 65.31 63.67 56.72 55.31

Onward Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.22 50.95 52.59 57.04 52.34

BOM:517536 vs IBM, ACN, CTSH: Days Sales Outstanding Comparison

For the Information Technology Services subindustry, Onward 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.


Onward Technologies Days Sales Outstanding vs Software Industry

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

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


BOM:517536
83GF Score
Onward Technologies Ltd BOM:517536
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Onward 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.

Onward Technologies's Days Sales Outstanding for the fiscal year that ended in Mar. 2026 is calculated as

Days Sales Outstanding (A: Mar. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count ) / Revenue (A: Mar. 2026 )*Days in Period
=( (791.17 + 857.035) / 2 ) / 5438.524*365
=824.1025 / 5438.524*365
=55.31

Onward Technologies's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding (Q: Jun. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2026 ) + Accounts Receivable (A: Jun. 2026 )) / count ) / Revenue (A: Jun. 2026 )*Days in Period
=( (857.035 + 0) / 1 ) / 1494.297*365 / 4
=857.035 / 1494.297*365 / 4
=52.34

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 52.34 mean?
Onward Technologies (BOM:517536) has a Days Sales Outstanding of 52.34 as of Jun. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Onward Technologies and its competitors. This is 21% below median its historical median of 65.89. Over the past decade, Onward Technologies' Days Sales Outstanding has ranged from 52.65 to 70.94. According to the industry distribution chart, Onward Technologies ranks #1149 out of 2768 companies in the Software industry, placing it in the top 41.5%.
Is Onward Technologies' Days Sales Outstanding too high?
Onward Technologies' current Days Sales Outstanding of 52.34 is 21% below median its 10-year median of 65.89. Over the past 10 years, this metric has ranged from a low of 52.65 to a high of 70.94. The Software industry median Days Sales Outstanding is 60.36. Onward Technologies' value of 52.34 is 13.3% below this industry median. Based on the distribution chart, Onward Technologies ranks #1149 out of 2768 companies in the Software industry, which is above the industry midpoint. Overall, Onward Technologies has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Onward Technologies' Days Sales Outstanding compare to IBM and ACN?
According to the Software industry distribution chart, Onward Technologies ranks #1149 out of 2768 companies for Days Sales Outstanding. This puts Onward Technologies in the upper half of its industry. The industry median Days Sales Outstanding is 60.36. Onward Technologies' value of 52.34 is 13.3% below this benchmark. Historically, Onward Technologies' own Days Sales Outstanding has ranged from 52.65 to 70.94 over the past decade. While the company's 10-year median is 65.89 vs. the industry median of 60.36, Onward Technologies has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a Software company?
The median Days Sales Outstanding among Software companies is 60.36, based on 2,768 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Onward Technologies's current Days Sales Outstanding of 52.34 is 13.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Onward Technologies and its competitors. For the Software industry, the median Days Sales Outstanding is 60.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onward Technologies's current Days Sales Outstanding is 52.34, which is 21% below median its own 10-year median of 65.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onward Technologies stock overvalued right now?
Based on GuruFocus' analysis, Onward Technologies (BOM:517536) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹386.69, compared to a current price of ₹283.40 — trading 26.7% below its estimated fair value. The current Days Sales Outstanding is 52.34, which is 21% below median its 10-year median of 65.89 and 13.3% below the Software industry median of 60.36. Onward Technologies' overall GF Score™ is 83/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Onward Technologies (BOM:517536), the current Days Sales Outstanding is 52.34 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Onward Technologies (BOM:517536) Overvalued in 2026?

Based on GuruFocus' analysis, Onward Technologies stock appears to be undervalued. The current stock price of ₹283.40 is trading 26.7% below its estimated GF Value™ of ₹386.69. GuruFocus considers Onward Technologies to be Modestly Undervalued.

Key valuation signals for BOM:517536:

  • Days Sales Outstanding: 52.34 (21% below median its 10-year median of 65.89)
  • GF Value™: ₹386.69 vs. price of ₹283.40 (26.7% below fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 13.3% below the Software median (#1149 of 2768)

No single metric tells the full story. See the BOM:517536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Onward Technologies Business Description

Other Exchanges ONWARDTEC:India
Address Almonte IT park, 5th Floor, Next to Radisson Blu Hotel, Kharadi, Pune, MH, IND, 411014
Onward Technologies Ltd is an Indian company that is engaged in software development, testing, and integration for partner industries of the future. Its services are Digital Services, Embedded Products & Systems, and Mechanical Product Engineering. Its industries include Automotive, Renewables, Hydro Energy, Construction, Agricultural and Mining Equipment, Rail Transportation, and others. It has one operating segment which is ER&D (Engineering, Research and Development) service and digital services. The majority of the company's revenue comes from India. It also operates outside India.
83GF Score

Get the complete analysis for BOM:517536

Days Sales Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹283.40
Price
₹386.69
GF Value