GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ITCONS E-Solutions Ltd (BOM:543806) » Definitions » Days Sales Outstanding

ITCONS E-Solutions (BOM:543806) Days Sales Outstanding : 85.76 (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is ITCONS E-Solutions Days Sales Outstanding?

ITCONS E-Solutions's average Accounts Receivable for the six months ended in Sep. 2024 was ₹82.4 Mil. ITCONS E-Solutions's Revenue for the six months ended in Sep. 2024 was ₹175.4 Mil. Hence, ITCONS E-Solutions's Days Sales Outstanding for the six months ended in Sep. 2024 was 85.76.

The historical rank and industry rank for ITCONS E-Solutions's Days Sales Outstanding or its related term are showing as below:

BOM:543806' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.66   Med: 61.02   Max: 89.57
Current: 89.57

During the past 5 years, ITCONS E-Solutions's highest Days Sales Outstanding was 89.57. The lowest was 41.66. And the median was 61.02.

BOM:543806's Days Sales Outstanding is ranked worse than
77.78% of 1026 companies
in the Business Services industry
Industry Median: 58.26 vs BOM:543806: 89.57

ITCONS E-Solutions's Days Sales Outstanding declined from Sep. 2023 (95.95) to Sep. 2024 (85.76).

ITCONS E-Solutions Days Sales Outstanding Historical Data

The historical data trend for ITCONS E-Solutions'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.

ITCONS E-Solutions Days Sales Outstanding Chart

ITCONS E-Solutions Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Days Sales Outstanding
61.83 61.02 41.66 53.05 76.16

ITCONS E-Solutions Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Days Sales Outstanding Get a 7-Day Free Trial 26.44 11,135.07 95.95 83.89 85.76

Competitive Comparison of ITCONS E-Solutions's Days Sales Outstanding

For the Staffing & Employment Services subindustry, ITCONS E-Solutions'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.

ITCONS E-Solutions's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ITCONS E-Solutions's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where ITCONS E-Solutions's Days Sales Outstanding falls into.


ITCONS E-Solutions 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.

ITCONS E-Solutions'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
=( (54.431 + 64.502) / 2 ) / 284.991*365
=59.4665 / 284.991*365
=76.16

ITCONS E-Solutions'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: Mar. 2024 ) + Accounts Receivable (A: Sep. 2024 )) / count ) / Revenue (A: Sep. 2024 )*Days in Period
=( (64.502 + 100.308) / 2 ) / 175.365*365 / 2
=82.405 / 175.365*365 / 2
=85.76

* 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.

ITCONS E-Solutions  (BOM:543806) Days Sales Outstanding Explanation

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

ITCONS E-Solutions Days Sales Outstanding Related Terms

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

ITCONS E-Solutions Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ITCONS E-Solutions Ltd (BOM:543806) » Definitions » Days Sales Outstanding
Comparable Companies
BOM:539697 NSE:ACEINTEG NSE:AISL NSE:SERVICE ADP TSE:6098 PAYX XAMS:RAND RHI BZ XSWX:ADEN TNET NSP TSE:2181 MAN KFY TSE:6028 LSE:HAS SHSE:600861 LSE:PAGE
Traded in Other Exchanges
N/A
Address
Jamna Lal Bajaj Marg, 3rd Floor, B-10, Bajaj Bhawan, Sector-3, Noida, UP, IND, 201301
Website
https://www.itconsinc.com
ITCONS E-Solutions Ltd is engaged in the business of providing human resource services to both public and private organizations mostly in the organized sector in diverse roles and responsibilities. The company's services include Manpower Supply & Recruitment Services; and Manpower Sourcing & Staffing Services. The Manpower Supply Services account for a majority of its revenues, and Manpower Souring Services contribute to the rest of its revenues.

ITCONS E-Solutions Headlines

No Headlines