FCS Software Solutions (NSE:FCSSOFT) Days Sales Outstanding : 35.34 (As of Dec. 2023)

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What is FCS Software Solutions Days Sales Outstanding?

FCS Software Solutions's average Accounts Receivable for the three months ended in Dec. 2023 was ₹35.1 Mil. FCS Software Solutions's Revenue for the three months ended in Dec. 2023 was ₹90.7 Mil. Hence, FCS Software Solutions's Days Sales Outstanding for the three months ended in Dec. 2023 was 35.34.

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

NSE:FCSSOFT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.8 Med: 60.13 Max: 92.74
Current: 59.47

During the past 13 years, FCS Software Solutions's highest Days Sales Outstanding was 92.74. The lowest was 38.80. And the median was 60.13.

NSE:FCSSOFT's Days Sales Outstanding is ranked better than
52.75% of 2730 companies
in the Software industry
Industry Median: 61.83 vs NSE:FCSSOFT: 59.47

FCS Software Solutions's Days Sales Outstanding declined from Dec. 2022 (59.32) to Dec. 2023 (35.34).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

FCS Software Solutions Days Sales Outstanding Historical Data

The historical data trend for FCS Software 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.

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FCS Software Solutions Days Sales Outstanding Chart

FCS Software Solutions Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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39.61

57.61

80.65

57.00

38.80

FCS Software Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															59.32	4,167.64	39.56	34.41	35.34

Competitive Comparison of FCS Software Solutions's Days Sales Outstanding

For the Information Technology Services subindustry, FCS Software 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.

FCS Software Solutions's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, FCS Software Solutions's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where FCS Software Solutions's Days Sales Outstanding falls into.

FCS Software 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.

FCS Software Solutions'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
=	( (19.654	+	37.132)	/	2 )	/	267.066	*	365
=	28.393					/	267.066	*	365
=	38.80

FCS Software Solutions's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (35.123	+	0)	/	1 )	/	90.693	*	365 / 4
=	35.123					/	90.693	*	365 / 4
=	35.34

FCS Software Solutions (NSE:FCSSOFT) Days Sales Outstanding Explanation

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

FCS Software Solutions Days Sales Outstanding Related Terms

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FCS Software Solutions (NSE:FCSSOFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » FCS Software Solutions Ltd (NSE:FCSSOFT) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

532666:India

Address

Noida Dadri Road, Plot No. 83, Noida Phase - II, Gautam Budh Nagar, FCS House, Noida Special Economic Zone, Noida, UP, IND, 201 305

Website

https://www.fcsltd.com

FCS Software Solutions Ltd is a company that provides Information Technology (IT) services and solutions. The company business consists of software development and marketing and providing support services for Business Process Outsourcing (BPO), software development, and others. Its geographical segments include India and the USA. The company derives a majority of revenue from India. The company's division consists of IT and IT Enable Services; Education/E-Learning and Infrastructure Management. It generates maximum revenue from the IT and IT Enable Services division.

FCS Software Solutions (NSE:FCSSOFT) Headlines

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