JMJ Fintech (BOM:538834) Days Sales Outstanding : 0.06 (As of Mar. 2024)

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What is JMJ Fintech Days Sales Outstanding?

JMJ Fintech's average Accounts Receivable for the three months ended in Mar. 2024 was ₹0.02 Mil. JMJ Fintech's Revenue for the three months ended in Mar. 2024 was ₹30.75 Mil. Hence, JMJ Fintech's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.06.

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

BOM:538834' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.1 Med: 5.36 Max: 309.88
Current: 0.1

During the past 11 years, JMJ Fintech's highest Days Sales Outstanding was 309.88. The lowest was 0.10. And the median was 5.36.

BOM:538834's Days Sales Outstanding is ranked better than
98.13% of 267 companies
in the Credit Services industry
Industry Median: 52.32 vs BOM:538834: 0.10

JMJ Fintech's Days Sales Outstanding increased from Mar. 2023 (0.00) to Mar. 2024 (0.06).

JMJ Fintech Days Sales Outstanding Historical Data

The historical data trend for JMJ Fintech'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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JMJ Fintech Days Sales Outstanding Chart

JMJ Fintech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

Get a 7-Day Free Trial

7.69

94.79

309.88

23.00

JMJ Fintech Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															-	-	-	0.09	0.06

Competitive Comparison of JMJ Fintech's Days Sales Outstanding

For the Credit Services subindustry, JMJ Fintech'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.

JMJ Fintech's Days Sales Outstanding Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, JMJ Fintech's Days Sales Outstanding distribution charts can be found below:

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

JMJ Fintech 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.

JMJ Fintech'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
=	( (0	+	0)	/	1 )	/	74.641	*	365
=	0					/	74.641	*	365
=	0.00

JMJ Fintech's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0.02	+	0)	/	1 )	/	30.75	*	365 / 4
=	0.02					/	30.75	*	365 / 4
=	0.06

JMJ Fintech (BOM:538834) Days Sales Outstanding Explanation

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

JMJ Fintech Days Sales Outstanding Related Terms

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JMJ Fintech (BOM:538834) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » JMJ Fintech Ltd (BOM:538834) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gopalsamy Temple Street, Shop No 3, 1st Floor, Adhi Vinayaka Complex, No 3 Bus stand, Coimbatore, TN, IND, 641006

Website

https://jmjfintechltd.com

JMJ Fintech Ltd is an Indian non-banking finance company. The company is engaged in non-banking financial activities and investment/trading in shares and securities. It also lends money, provides loans to both corporate clients and high net worth individuals. The business also finances the small and medium-sized enterprise (SME) sector for growth. It acts as a consultant to the organizations for raising funds, including capital either through an initial public offering or private equity/venture funds. It serves as a management consultant relating to the merger, amalgamation, acquisitions, and valuation.

JMJ Fintech (BOM:538834) Headlines

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