Accord Synergy (NSE:ACCORD) Days Sales Outstanding : 91.80 (As of Mar. 2023)

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What is Accord Synergy Days Sales Outstanding?

Accord Synergy's average Accounts Receivable for the six months ended in Mar. 2023 was ₹68.3 Mil. Accord Synergy's Revenue for the six months ended in Mar. 2023 was ₹135.7 Mil. Hence, Accord Synergy's Days Sales Outstanding for the six months ended in Mar. 2023 was 91.80.

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

NSE:ACCORD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 79.05 Med: 123.46 Max: 384.93
Current: 115.8

During the past 9 years, Accord Synergy's highest Days Sales Outstanding was 384.93. The lowest was 79.05. And the median was 123.46.

NSE:ACCORD's Days Sales Outstanding is ranked worse than
84.84% of 376 companies
in the Telecommunication Services industry
Industry Median: 56.655 vs NSE:ACCORD: 115.80

Accord Synergy's Days Sales Outstanding declined from Mar. 2022 (125.90) to Mar. 2023 (91.80).

Accord Synergy Days Sales Outstanding Historical Data

The historical data trend for Accord Synergy'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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Accord Synergy Days Sales Outstanding Chart

Accord Synergy Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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88.16

124.59

160.90

123.46

134.84

Accord Synergy Semi-Annual Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Days Sales Outstanding	Get a 7-Day Free Trial										83.68	114.52	125.90	136.17	91.80

Competitive Comparison of Accord Synergy's Days Sales Outstanding

For the Telecom Services subindustry, Accord Synergy'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.

Accord Synergy's Days Sales Outstanding Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Accord Synergy's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Accord Synergy's Days Sales Outstanding falls into.

Accord Synergy 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.

Accord Synergy's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (55.225	+	93.627)	/	2 )	/	201.469	*	365
=	74.426					/	201.469	*	365
=	134.84

Accord Synergy's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding (Q: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (42.903	+	93.627)	/	2 )	/	135.714	*	365 / 2
=	68.265					/	135.714	*	365 / 2
=	91.80

Accord Synergy (NSE:ACCORD) Days Sales Outstanding Explanation

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

Accord Synergy Days Sales Outstanding Related Terms

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Accord Synergy (NSE:ACCORD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Accord Synergy Ltd (NSE:ACCORD) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

302, Shine Plaza, Near Natubhai Circle, Race Course, Vadodara, GJ, IND, 390007

Website

https://www.accordsynergy.com

Accord Synergy Ltd is engaged in support services to the telecom industries. The company has two reportable segments which are Telecom services and Civil contracts of which Telecom services segment generates majority of its revenue for the company. The company offers network planning and optimization, network rollout, managed services, and manpower outsourcing through a sub-contracting basis. It also provides all services related to planning, installation and commissioning, operation, modification and maintenance of telecom networks to the customers. Geographically, it operates only in India.

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