KPIT Technologies (BOM:542651) Days Sales Outstanding : 51.86 (As of Mar. 2024)

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What is KPIT Technologies Days Sales Outstanding?

KPIT Technologies's average Accounts Receivable for the three months ended in Mar. 2024 was ₹7,489 Mil. KPIT Technologies's Revenue for the three months ended in Mar. 2024 was ₹13,178 Mil. Hence, KPIT Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 51.86.

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

BOM:542651' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.25 Med: 60.08 Max: 336.97
Current: 50.8

During the past 7 years, KPIT Technologies's highest Days Sales Outstanding was 336.97. The lowest was 50.25. And the median was 60.08.

BOM:542651's Days Sales Outstanding is ranked better than
64.01% of 2734 companies
in the Software industry
Industry Median: 61.68 vs BOM:542651: 50.80

KPIT Technologies's Days Sales Outstanding declined from Mar. 2023 (53.14) to Mar. 2024 (51.86).

KPIT Technologies Days Sales Outstanding Historical Data

The historical data trend for KPIT 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.

* Premium members only.

KPIT Technologies Days Sales Outstanding Chart

KPIT Technologies Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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88.08

67.87

51.00

52.28

50.25

KPIT Technologies 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															53.14	49.25	52.71	50.28	51.86

Competitive Comparison of KPIT Technologies's Days Sales Outstanding

For the Information Technology Services subindustry, KPIT 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.

KPIT Technologies's Days Sales Outstanding Distribution in the Software Industry

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

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

KPIT 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.

KPIT Technologies'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
=	( (5924.4	+	7489.47)	/	2 )	/	48715.41	*	365
=	6706.935					/	48715.41	*	365
=	50.25

KPIT Technologies'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	+	7489.47)	/	1 )	/	13178	*	365 / 4
=	7489.47					/	13178	*	365 / 4
=	51.86

KPIT Technologies (BOM:542651) Days Sales Outstanding Explanation

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

KPIT Technologies Days Sales Outstanding Related Terms

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KPIT Technologies (BOM:542651) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » KPIT Technologies Ltd (BOM:542651) » Definitions » Days Sales Outstanding

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KPITTECH:India

Address

Plot No. 17, Rajiv Gandhi lnfotech Park, MIDC-SEZ, Phase-Ill, Maan, Taluka- Mulshi, Hinjawadi, Pune, MH, IND, 411057

Website

https://www.kpit.com

KPIT Technologies Ltd is a global technology company specializing in providing IT Consulting and Product Engineering solutions and services to Automotive, Manufacturing, Energy, and Utilities companies. The Company derives revenues primarily from providing engineering services which includes design engineering services, embedded software development with its related services and from the sale of licenses and products. Geographically, it derives a majority of revenue from the Americas.

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