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SSII (SS Innovations International) Days Sales Outstanding : 129.92 (As of Sep. 2024)


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What is SS Innovations International Days Sales Outstanding?

SS Innovations International's average Accounts Receivable for the three months ended in Sep. 2024 was $4.85 Mil. SS Innovations International's Revenue for the three months ended in Sep. 2024 was $3.41 Mil. Hence, SS Innovations International's Days Sales Outstanding for the three months ended in Sep. 2024 was 129.92.

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

SSII' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.91   Med: 51.92   Max: 80.89
Current: 80.89

During the past 8 years, SS Innovations International's highest Days Sales Outstanding was 80.89. The lowest was 39.91. And the median was 51.92.

SSII's Days Sales Outstanding is ranked worse than
65.93% of 813 companies
in the Medical Devices & Instruments industry
Industry Median: 65.03 vs SSII: 80.89

SS Innovations International's Days Sales Outstanding increased from Sep. 2023 (66.18) to Sep. 2024 (129.92).

Warning Sign:

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


SS Innovations International Days Sales Outstanding Historical Data

The historical data trend for SS Innovations International'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.

SS Innovations International Days Sales Outstanding Chart

SS Innovations International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial - - - 39.91 63.93

SS Innovations International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 66.18 154.33 40.80 91.85 129.92

Competitive Comparison of SS Innovations International's Days Sales Outstanding

For the Medical Devices subindustry, SS Innovations International'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.


SS Innovations International's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, SS Innovations International's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where SS Innovations International's Days Sales Outstanding falls into.



SS Innovations International 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.

SS Innovations International's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (0.157 + 1.901) / 2 ) / 5.875*365
=1.029 / 5.875*365
=63.93

SS Innovations International's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding (Q: Sep. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Sep. 2024 )) / count ) / Revenue (A: Sep. 2024 )*Days in Period
=( (4.604 + 5.103) / 2 ) / 3.409*365 / 4
=4.8535 / 3.409*365 / 4
=129.92

* 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.


SS Innovations International  (OTCPK:SSII) Days Sales Outstanding Explanation

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


SS Innovations International Days Sales Outstanding Related Terms

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SS Innovations International Business Description

Traded in Other Exchanges
N/A
Address
Udyog Vihar, Phase III, 405, 3rd Floor, iLabs Info Technology Centre, Haryana, HR, IND, 122016
SS Innovations International Inc, formerly Avra Medical Robotics Inc develops medical-surgical devices. SSII's product range includes its proprietary SSi Mantra surgical robotic system and SSi Mudra, its wide range of surgical instruments capable of supporting a variety of surgical procedures including robotic cardiac surgery. It is a medical robotics company developing a fully autonomous medical robotic system using proprietary software which integrates Artificial Intelligence and Deep Learning, or machine learning. By using an AI and DL-enhanced software program, the company is creating an intelligent robotic system that it believes can robotize a wide range of medical procedures currently being performed by human hands. SSII's business operations are headquartered in India.
Executives
Sudhir Srivastava director, 10 percent owner, officer: Chairman and CEO C/O AVRA SURGICAL ROBOTICS, ONE LIBERTY PLAZA, 35TH FLOOR, NEW YORK NY 10006
Barry F Cohen director, officer: COO 1600 SOUTHEAST 15TH STREET, APT 512, FORT LAUDERDALE FL 33316
Kumar Sethi Anup officer: Chief Financial Officer C-102, DREAM APARTMENTS,, PLOT-14, SECTOR 22, DWARKA, NEW DEHLI K7 110077
Pascual Srivastava Vishwajyoti officer: President 28 HAARBAA, TRIAVENI GARDENS COMPLEX, GADAIPUR MEHRA, NEW DEHLI K7 110030
Sampige Prasannakumar Somashekar director APT 9J, NEST NO 8, 303 LG HALFI, RMV II, BANGALORE K7 560094
Annadurai Mylswamy director #344, NTI LAYOUT, 10TH MAIN, VIDHYARANYAPURA, BANGALORE K7 560067