MT Educare (BOM:534312) Days Sales Outstanding : 80.35 (As of Dec. 2024)

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What is MT Educare Days Sales Outstanding?

MT Educare's average Accounts Receivable for the three months ended in Dec. 2024 was ₹106.2 Mil. MT Educare's Revenue for the three months ended in Dec. 2024 was ₹120.6 Mil. Hence, MT Educare's Days Sales Outstanding for the three months ended in Dec. 2024 was 80.35.

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

BOM:534312' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.28 Med: 85.15 Max: 188.02
Current: 76.83

During the past 13 years, MT Educare's highest Days Sales Outstanding was 188.02. The lowest was 25.28. And the median was 85.15.

BOM:534312's Days Sales Outstanding is ranked worse than
76.21% of 248 companies
in the Education industry
Industry Median: 26.8 vs BOM:534312: 76.83

MT Educare's Days Sales Outstanding declined from Dec. 2023 (83.35) to Dec. 2024 (80.35).

MT Educare Days Sales Outstanding Historical Data

The historical data trend for MT Educare'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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MT Educare Days Sales Outstanding Chart

MT Educare Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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54.64

161.15

188.02

110.29

77.68

MT Educare Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial															83.35	87.07	60.38	84.07	80.35

Competitive Comparison of MT Educare's Days Sales Outstanding

For the Education & Training Services subindustry, MT Educare'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.

MT Educare's Days Sales Outstanding Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, MT Educare's Days Sales Outstanding distribution charts can be found below:

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

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MT Educare 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.

MT Educare's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (109.618	+	91.848)	/	2 )	/	473.346	*	365
=	100.733					/	473.346	*	365
=	77.68

MT Educare's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding (Q: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2024 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (106.173	+	0)	/	1 )	/	120.569	*	365 / 4
=	106.173					/	120.569	*	365 / 4
=	80.35

MT Educare (BOM:534312) Days Sales Outstanding Explanation

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

MT Educare Days Sales Outstanding Related Terms

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MT Educare Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » MT Educare Ltd (BOM:534312) » Definitions » Days Sales Outstanding

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MTEDUCARE:India

Address

L.B.S Cross Road, Pandit Din Dayal Upadhyay Marg, Office No. 220, 2nd Floor, Neptune’s Flying Colors, Mulund (West), Mumbai, MH, IND, 400080

Website

https://www.mteducare.com

MT Educare Ltd provides education support and coaching services under the Mahesh Tutorials brand in India. It engages in the provision of commercial training, coaching, tutorial classes, and activities. The firm offers school courses for secondary and higher education, commerce courses for higher secondary and professional education, and pre-university courses for 11th and 12th standards, JEE Main, JEE Advanced, and medical entrance. It operates under the following brands: Robomate+, Lakshya, Mahesh Tutorials, MT Educare's CPLC, and Mahesh PU College. Its segment includes conducting commercial training, coaching, tutorial classes and activities incidental and ancillary thereon.

MT Educare Headlines

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