CarTrade Tech (BOM:543333) Days Sales Outstanding : 47.36 (As of Jun. 2024)

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What is CarTrade Tech Days Sales Outstanding?

CarTrade Tech's average Accounts Receivable for the three months ended in Jun. 2024 was ₹733 Mil. CarTrade Tech's Revenue for the three months ended in Jun. 2024 was ₹1,412 Mil. Hence, CarTrade Tech's Days Sales Outstanding for the three months ended in Jun. 2024 was 47.36.

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

BOM:543333' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.79 Med: 51.21 Max: 68.7
Current: 30.79

During the past 6 years, CarTrade Tech's highest Days Sales Outstanding was 68.70. The lowest was 30.79. And the median was 51.21.

BOM:543333's Days Sales Outstanding is ranked better than
80.03% of 1287 companies
in the Vehicles & Parts industry
Industry Median: 60.76 vs BOM:543333: 30.79

CarTrade Tech's Days Sales Outstanding declined from Jun. 2023 (54.71) to Jun. 2024 (47.36).

CarTrade Tech Days Sales Outstanding Historical Data

The historical data trend for CarTrade Tech'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.

CarTrade Tech Days Sales Outstanding Chart

CarTrade Tech Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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50.62

68.70

51.80

46.75

46.55

CarTrade Tech Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial													54.71	18.04	40.91	46.14	47.36

Competitive Comparison of CarTrade Tech's Days Sales Outstanding

For the Auto & Truck Dealerships subindustry, CarTrade Tech'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.

CarTrade Tech's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, CarTrade Tech's Days Sales Outstanding distribution charts can be found below:

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

CarTrade Tech 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.

CarTrade Tech'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
=	( (516.037	+	732.809)	/	2 )	/	4895.978	*	365
=	624.423					/	4895.978	*	365
=	46.55

CarTrade Tech's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (732.809	+	0)	/	1 )	/	1411.778	*	365 / 4
=	732.809					/	1411.778	*	365 / 4
=	47.36

CarTrade Tech (BOM:543333) Days Sales Outstanding Explanation

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

CarTrade Tech Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of CarTrade Tech's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

CarTrade Tech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » CarTrade Tech Ltd (BOM:543333) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CARTRADE:India

Address

S Pranavanandji Marg, Vishwaroop IT Park, 12th Floor, Sector 30A, Vashi, Navi Mumbai, MH, IND, 400 705

Website

https://www.cartradetech.com

CarTrade Tech Ltd is a multi-channel auto platform provider company. The company operates various brands such as CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz. The platform connects new and used automobile customers, vehicle dealers, vehicle OEMs, and other businesses to buy and sell different types of vehicles. The company offers a variety of solutions across automotive transactions for buying, selling, marketing, financing, and other activities.

CarTrade Tech Headlines

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