Tata Technologies (BOM:544028) Days Sales Outstanding : 68.04 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Tata Technologies Days Sales Outstanding?

Tata Technologies's average Accounts Receivable for the three months ended in Mar. 2024 was ₹9,671 Mil. Tata Technologies's Revenue for the three months ended in Mar. 2024 was ₹12,971 Mil. Hence, Tata Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 68.04.

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

BOM:544028' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.93 Med: 68.49 Max: 137.93
Current: 137.93

During the past 5 years, Tata Technologies's highest Days Sales Outstanding was 137.93. The lowest was 56.93. And the median was 68.49.

BOM:544028's Days Sales Outstanding is ranked worse than
84.35% of 2734 companies
in the Software industry
Industry Median: 61.82 vs BOM:544028: 137.93

Tata Technologies's Days Sales Outstanding declined from Dec. 2022 (77.05) to Mar. 2024 (68.04).

Tata Technologies Days Sales Outstanding Historical Data

The historical data trend for Tata 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.

Tata Technologies Days Sales Outstanding Chart

Tata Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

80.60

82.67

56.93

66.13

68.49

Tata Technologies Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial					77.05	61.91	-	71.72	68.04

Competitive Comparison of Tata Technologies's Days Sales Outstanding

For the Information Technology Services subindustry, Tata 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.

Tata Technologies's Days Sales Outstanding Distribution in the Software Industry

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

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

Tata 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.

Tata Technologies'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
=	( (9517.5	+	9671.1)	/	2 )	/	51132.1	*	365
=	9594.3					/	51132.1	*	365
=	68.49

Tata Technologies'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: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0	+	9671.1)	/	1 )	/	12970.6	*	365 / 4
=	9671.1					/	12970.6	*	365 / 4
=	68.04

Tata Technologies (BOM:544028) Days Sales Outstanding Explanation

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

Tata Technologies Days Sales Outstanding Related Terms

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

Tata Technologies (BOM:544028) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tata Technologies Ltd (BOM:544028) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TATATECH:India

Address

Plot No. 25, Rajiv Gandhi Infotech Park, Hinjawadi, Pune, MH, IND, 411 057

Website

https://www.tatatechnologies.com/in

Tata Technologies Ltd is a engineering services company offering product development and digital solutions, including turnkey solutions, to original equipment manufacturers (OEMs) and their tier-1 suppliers. It endeavors to create value for its clients by helping them develop safer products, and cleaner and improve the quality of life for their end-customers. It has deep domain expertise in the automotive industry and leverages this expertise to serve its clients in adjacent industries, such as aerospace and transportation and construction heavy machinery. As an organization, it brings together diverse teams from different parts of the world with multiple skill sets to collaborate in real time and solve complex engineering problems for its clients.

Tata Technologies (BOM:544028) Headlines

No Headlines