Radiant Cash Management Services (BOM:543732) Days Sales Outstanding : 71.21 (As of Sep. 2024)

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What is Radiant Cash Management Services Days Sales Outstanding?

Radiant Cash Management Services's average Accounts Receivable for the three months ended in Sep. 2024 was ₹835 Mil. Radiant Cash Management Services's Revenue for the three months ended in Sep. 2024 was ₹1,070 Mil. Hence, Radiant Cash Management Services's Days Sales Outstanding for the three months ended in Sep. 2024 was 71.21.

The historical rank and industry rank for Radiant Cash Management Services's Days Sales Outstanding or its related term are showing as below:

BOM:543732' s Days Sales Outstanding Range Over the Past 10 Years
Min: 69.6 Med: 78.9 Max: 101.88
Current: 75.71

During the past 5 years, Radiant Cash Management Services's highest Days Sales Outstanding was 101.88. The lowest was 69.60. And the median was 78.90.

BOM:543732's Days Sales Outstanding is ranked worse than
68.62% of 1026 companies
in the Business Services industry
Industry Median: 58.26 vs BOM:543732: 75.71

Radiant Cash Management Services's Days Sales Outstanding declined from Sep. 2023 (90.08) to Sep. 2024 (71.21).

Radiant Cash Management Services Days Sales Outstanding Historical Data

The historical data trend for Radiant Cash Management Services'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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Radiant Cash Management Services Days Sales Outstanding Chart

Radiant Cash Management Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

78.90

101.88

94.82

76.49

69.60

Radiant Cash Management Services Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial								90.08	83.68	71.19	70.43	71.21

Competitive Comparison of Radiant Cash Management Services's Days Sales Outstanding

For the Specialty Business Services subindustry, Radiant Cash Management Services'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.

Radiant Cash Management Services's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Radiant Cash Management Services's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Radiant Cash Management Services's Days Sales Outstanding falls into.

Radiant Cash Management Services 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.

Radiant Cash Management Services'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
=	( (702.12	+	771.11)	/	2 )	/	3863.16	*	365
=	736.615					/	3863.16	*	365
=	69.60

Radiant Cash Management Services's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (0	+	835.26)	/	1 )	/	1070.38	*	365 / 4
=	835.26					/	1070.38	*	365 / 4
=	71.21

Radiant Cash Management Services (BOM:543732) Days Sales Outstanding Explanation

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

Radiant Cash Management Services Days Sales Outstanding Related Terms

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Radiant Cash Management Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Radiant Cash Management Services Ltd (BOM:543732) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

RADIANTCMS:India

Address

No. 4/3 Raju Nagar, First Street, Old Mahabalipuram Road, Radiant Building, Okkiyam Thoraipakkam, OMR, Chennai, TN, IND, 600 009

Website

https://www.radiantcashservices.com

Radiant Cash Management Services Ltd is an integrated cash logistics player with a presence in retail cash management. Its set of services, ranging from secured cash pick-up and delivery, network currency management, and cash-in-transit solutions to efficient cash processing, a diverse clientele trusts Radiant. Its clients include some of the foreign, private, and public sector banks, and the end users of services include some of the e-commerce companies, retail chains, NBFCs, insurance firms, e-commerce logistics players, railways, and retail petroleum distribution outlets. The company generates the majority of its revenue from Cash Pick and Delivery services. It operates in one business segment Cash Management Services.

Radiant Cash Management Services Headlines

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