Reliable Data Services (NSE:RELIABLE) Days Sales Outstanding : 207.94 (As of Sep. 2023)

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What is Reliable Data Services Days Sales Outstanding?

Reliable Data Services's average Accounts Receivable for the three months ended in Sep. 2023 was ₹411.6 Mil. Reliable Data Services's Revenue for the three months ended in Sep. 2023 was ₹180.6 Mil. Hence, Reliable Data Services's Days Sales Outstanding for the three months ended in Sep. 2023 was 207.94.

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

NSE:RELIABLE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.86 Med: 105.68 Max: 203.12
Current: 203.12

During the past 11 years, Reliable Data Services's highest Days Sales Outstanding was 203.12. The lowest was 54.86. And the median was 105.68.

NSE:RELIABLE's Days Sales Outstanding is ranked worse than
90.6% of 2724 companies
in the Software industry
Industry Median: 61.8 vs NSE:RELIABLE: 203.12

Reliable Data Services's Days Sales Outstanding increased from Jun. 2022 (203.21) to Sep. 2023 (207.94).

Warning Sign:

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

Reliable Data Services Days Sales Outstanding Historical Data

The historical data trend for Reliable Data Services'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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Reliable Data Services Days Sales Outstanding Chart

Reliable Data Services Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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114.22

106.21

161.99

178.50

151.12

Reliable Data Services Quarterly Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															203.21	96.70	97.04	127.35	207.94

Competitive Comparison of Reliable Data Services's Days Sales Outstanding

For the Information Technology Services subindustry, Reliable Data Services'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.

Reliable Data Services's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Reliable Data Services's Days Sales Outstanding falls into.

Reliable Data Services 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.

Reliable Data Services'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
=	( (259.39	+	343.657)	/	2 )	/	728.266	*	365
=	301.5235					/	728.266	*	365
=	151.12

Reliable Data Services's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (343.657	+	479.539)	/	2 )	/	180.622	*	365 / 4
=	411.598					/	180.622	*	365 / 4
=	207.94

Reliable Data Services (NSE:RELIABLE) Days Sales Outstanding Explanation

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

Reliable Data Services Days Sales Outstanding Related Terms

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Reliable Data Services (NSE:RELIABLE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Reliable Data Services Ltd (NSE:RELIABLE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

C-70, Sector - 2, Noida, UP, IND, 201301

Website

https://www.rdspl.com

Reliable Data Services Ltd is an India-based company that provides IT and IT-enabled services to various banking, financial services, and other manufacturing industries in the field of back-office processing, front office follow-ups, and management services. The business segments comprises of which are Banking, Financial Services and Insurance and Non-Banking, Financial Services and Insurance. The Banking, Financial Services and Insurance segment makes majority of its revenue for the company. The company provides transaction processing services and payroll services as well.

Reliable Data Services (NSE:RELIABLE) Headlines

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