Kody Technolab (NSE:KODYTECH) Days Sales Outstanding : 191.17 (As of Mar. 2024)

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What is Kody Technolab Days Sales Outstanding?

Kody Technolab's average Accounts Receivable for the six months ended in Mar. 2024 was ₹117.6 Mil. Kody Technolab's Revenue for the six months ended in Mar. 2024 was ₹224.6 Mil. Hence, Kody Technolab's Days Sales Outstanding for the six months ended in Mar. 2024 was 95.58.

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

NSE:KODYTECH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 103.34 Med: 126.39 Max: 191.17
Current: 191.17

During the past 4 years, Kody Technolab's highest Days Sales Outstanding was 191.17. The lowest was 103.34. And the median was 126.39.

NSE:KODYTECH's Days Sales Outstanding is ranked worse than
89.59% of 2728 companies
in the Software industry
Industry Median: 61.665 vs NSE:KODYTECH: 191.17

Kody Technolab's Days Sales Outstanding increased from Mar. 2022 (115.13) to Mar. 2024 (191.17).

Warning Sign:

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

Kody Technolab Days Sales Outstanding Historical Data

The historical data trend for Kody Technolab'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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Kody Technolab Days Sales Outstanding Chart

Kody Technolab Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

103.34

115.13

137.65

191.17

Kody Technolab Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Days Sales Outstanding	103.34	115.13	137.65	191.17

Competitive Comparison of Kody Technolab's Days Sales Outstanding

For the Information Technology Services subindustry, Kody Technolab'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.

Kody Technolab's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Kody Technolab's Days Sales Outstanding falls into.

Kody Technolab 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.

Kody Technolab'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
=	( (65.404	+	169.833)	/	2 )	/	224.57	*	365
=	117.6185					/	224.57	*	365
=	191.17

Kody Technolab'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: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (65.404	+	169.833)	/	2 )	/	224.57	*	365 / 2
=	117.6185					/	224.57	*	365 / 2
=	95.58

Kody Technolab (NSE:KODYTECH) Days Sales Outstanding Explanation

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

Kody Technolab Days Sales Outstanding Related Terms

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Kody Technolab (NSE:KODYTECH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kody Technolab Ltd (NSE:KODYTECH) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

2nd Floor, Block-J, Safal Monde, Near Iscon Mall, Near Rajpathclub, S.G Highway, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.kodytechnolab.com

Kody Technolab Ltd is a company is in business of software development services to a diverse set of industries. It is a full stack development company that provides innovative and cutting-edge digital solutions to the clients. It specializes in helping businesses undergo Digital Transformation by leveraging the latest technologies and trends. They offer a wide range of services that include custom development, AI Consultation & Implementation, IOT Services, and IT consulting services.

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