Innovatus Entertainment Networks (BOM:543951) Days Sales Outstanding : 86.75 (As of Mar. 2024)

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What is Innovatus Entertainment Networks Days Sales Outstanding?

Innovatus Entertainment Networks's average Accounts Receivable for the six months ended in Mar. 2024 was ₹53.3 Mil. Innovatus Entertainment Networks's Revenue for the six months ended in Mar. 2024 was ₹112.1 Mil. Hence, Innovatus Entertainment Networks's Days Sales Outstanding for the six months ended in Mar. 2024 was 86.75.

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

BOM:543951' s Days Sales Outstanding Range Over the Past 10 Years
Min: 97.75 Med: 173.76 Max: 204.89
Current: 104.96

During the past 5 years, Innovatus Entertainment Networks's highest Days Sales Outstanding was 204.89. The lowest was 97.75. And the median was 173.76.

BOM:543951's Days Sales Outstanding is ranked worse than
73.36% of 1021 companies
in the Media - Diversified industry
Industry Median: 67.38 vs BOM:543951: 104.96

Innovatus Entertainment Networks's Days Sales Outstanding declined from Mar. 2023 (255.00) to Mar. 2024 (86.75).

Innovatus Entertainment Networks Days Sales Outstanding Historical Data

The historical data trend for Innovatus Entertainment Networks'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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Innovatus Entertainment Networks Days Sales Outstanding Chart

Innovatus Entertainment Networks Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

97.75

173.76

204.89

178.66

108.88

Innovatus Entertainment Networks Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial			-	121.46	255.00	123.88	86.75

Competitive Comparison of Innovatus Entertainment Networks's Days Sales Outstanding

For the Advertising Agencies subindustry, Innovatus Entertainment Networks'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.

Innovatus Entertainment Networks's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Innovatus Entertainment Networks's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Innovatus Entertainment Networks's Days Sales Outstanding falls into.

Innovatus Entertainment Networks 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.

Innovatus Entertainment Networks'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
=	( (65.377	+	53.523)	/	2 )	/	199.289	*	365
=	59.45					/	199.289	*	365
=	108.88

Innovatus Entertainment Networks'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: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (53.028	+	53.523)	/	2 )	/	112.073	*	365 / 2
=	53.2755					/	112.073	*	365 / 2
=	86.75

Innovatus Entertainment Networks (BOM:543951) Days Sales Outstanding Explanation

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

Innovatus Entertainment Networks Days Sales Outstanding Related Terms

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Innovatus Entertainment Networks (BOM:543951) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Innovatus Entertainment Networks Ltd (BOM:543951) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

Off New Link Road, 407, Crescent Royale, Andheri West, Mumbai, MH, IND, 400053

Website

https://www.innovatus.info

Innovatus Entertainment Networks Ltd is a creative platform for complete Infotainment with a 360-degree solution. The company offers all the Direct marketing solutions- Management, CRM, B2B and B2C, Activations and Exhibitions. The company focuses on concept development to creatives to a total turn-key presentation and on-ground execution.

Innovatus Entertainment Networks (BOM:543951) Headlines

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