Silver Touch Technologies (NSE:SILVERTUC) Days Sales Outstanding : 112.54 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Silver Touch Technologies Days Sales Outstanding?

Silver Touch Technologies's average Accounts Receivable for the three months ended in Dec. 2023 was ₹645 Mil. Silver Touch Technologies's Revenue for the three months ended in Dec. 2023 was ₹523 Mil. Hence, Silver Touch Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 112.54.

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

NSE:SILVERTUC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 90.53 Med: 112.27 Max: 141.26
Current: 108.08

During the past 11 years, Silver Touch Technologies's highest Days Sales Outstanding was 141.26. The lowest was 90.53. And the median was 112.27.

NSE:SILVERTUC's Days Sales Outstanding is ranked worse than
79.19% of 2729 companies
in the Software industry
Industry Median: 61.68 vs NSE:SILVERTUC: 108.08

Silver Touch Technologies's Days Sales Outstanding increased from Dec. 2022 (97.94) to Dec. 2023 (112.54).

Warning Sign:

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

Silver Touch Technologies Days Sales Outstanding Historical Data

The historical data trend for Silver Touch Technologies'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.

Silver Touch Technologies Days Sales Outstanding Chart

Silver Touch Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

106.16

113.38

130.01

120.97

111.16

Silver Touch Technologies Quarterly Data
	Mar17	Jun17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															97.94	115.66	117.97	114.28	112.54

Competitive Comparison of Silver Touch Technologies's Days Sales Outstanding

For the Information Technology Services subindustry, Silver Touch Technologies'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.

Silver Touch Technologies's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Silver Touch Technologies's Days Sales Outstanding falls into.

Silver Touch Technologies 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.

Silver Touch Technologies'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
=	( (447.803	+	549.779)	/	2 )	/	1637.83	*	365
=	498.791					/	1637.83	*	365
=	111.16

Silver Touch Technologies'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
=	( (645.242	+	0)	/	1 )	/	523.16	*	365 / 4
=	645.242					/	523.16	*	365 / 4
=	112.54

Silver Touch Technologies (NSE:SILVERTUC) Days Sales Outstanding Explanation

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

Silver Touch Technologies Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Silver Touch Technologies's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Silver Touch Technologies (NSE:SILVERTUC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Silver Touch Technologies Ltd (NSE:SILVERTUC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

543525:India

Address

2nd Floor, Saffron Tower, Near Panchwati Circle, Ambawadi, Ahmedabad, GJ, IND, 380006

Website

https://www.silvertouch.com

Silver Touch Technologies Ltd provides information technology (IT) solutions in India and internationally. The company provides solutions including Software Development, Offshoring, IT Infrastructure, Web Modernization, Workforce portability, and Mobile App development. The company also provides consulting services which include Information security, Content management, Product development, and Cloud computing. It caters its services to India and the international market and generates revenue from the same.

Silver Touch Technologies (NSE:SILVERTUC) Headlines

No Headlines