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ROX Hi-Tech (NSE:ROXHITECH) Days Sales Outstanding : 48.19 (As of Mar. 2023)


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What is ROX Hi-Tech Days Sales Outstanding?

ROX Hi-Tech's average Accounts Receivable for the six months ended in Mar. 2023 was ₹176 Mil. ROX Hi-Tech's Revenue for the six months ended in Mar. 2023 was ₹1,333 Mil. Hence, ROX Hi-Tech's Days Sales Outstanding for the six months ended in Mar. 2023 was 24.10.

The historical rank and industry rank for ROX Hi-Tech's Days Sales Outstanding or its related term are showing as below:

NSE:ROXHITECH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.19   Med: 59.43   Max: 95.28
Current: 48.19

During the past 3 years, ROX Hi-Tech's highest Days Sales Outstanding was 95.28. The lowest was 48.19. And the median was 59.43.

NSE:ROXHITECH's Days Sales Outstanding is ranked better than
67.08% of 2728 companies
in the Software industry
Industry Median: 61.85 vs NSE:ROXHITECH: 48.19

ROX Hi-Tech's Days Sales Outstanding declined from Mar. 2021 (95.28) to Mar. 2023 (48.19).

ROX Hi-Tech Days Sales Outstanding Historical Data

The historical data trend for ROX Hi-Tech'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.

* Premium members only.

ROX Hi-Tech Days Sales Outstanding Chart

ROX Hi-Tech Annual Data
Trend Mar21 Mar22 Mar23
Days Sales Outstanding
95.28 59.43 48.19

ROX Hi-Tech Semi-Annual Data
Mar21 Mar22 Mar23
Days Sales Outstanding 95.28 59.43 48.19

Competitive Comparison of ROX Hi-Tech's Days Sales Outstanding

For the Information Technology Services subindustry, ROX Hi-Tech'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.

ROX Hi-Tech's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, ROX Hi-Tech's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where ROX Hi-Tech's Days Sales Outstanding falls into.


ROX Hi-Tech 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.

ROX Hi-Tech'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
=( (167.716 + 184.352) / 2 ) / 1333.279*365
=176.034 / 1333.279*365
=48.19

ROX Hi-Tech'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: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )*Days in Period
=( (167.716 + 184.352) / 2 ) / 1333.279*365 / 2
=176.034 / 1333.279*365 / 2
=24.10

* 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.

ROX Hi-Tech  (NSE:ROXHITECH) Days Sales Outstanding Explanation

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

ROX Hi-Tech Days Sales Outstanding Related Terms

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ROX Hi-Tech (NSE:ROXHITECH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » ROX Hi-Tech Ltd (NSE:ROXHITECH) » Definitions » Days Sales Outstanding
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Traded in Other Exchanges
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Address
Mahalingapuram Main Road, Old No.101B, New No.160, 1st & 3rd Floor, Nungambakkam, Chennai, TN, IND, 600034
Website
https://www.rox.co.in
ROX Hi-Tech Ltd is a customer-centric IT solutions provider committed to excellence. It offers a comprehensive range of distributed IT solutions, including consulting, enterprise and end-user computing, managed print, and network services. The company is India's leading end-to-end IT solution provider.

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