Riddhiorate Services (BOM:540590) Days Sales Outstanding : 0.00 (As of Dec. 2023)

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What is Riddhiorate Services Days Sales Outstanding?

Riddhiorate Services's average Accounts Receivable for the three months ended in Dec. 2023 was ₹0 Mil. Riddhiorate Services's Revenue for the three months ended in Dec. 2023 was ₹303 Mil. Hence, Riddhiorate Services's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.00.

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

BOM:540590' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.2 Med: 29.2 Max: 190.94
Current: 31.6

During the past 7 years, Riddhiorate Services's highest Days Sales Outstanding was 190.94. The lowest was 15.20. And the median was 29.20.

BOM:540590's Days Sales Outstanding is ranked better than
84.31% of 1039 companies
in the Business Services industry
Industry Median: 58.15 vs BOM:540590: 31.60

Riddhiorate Services's Days Sales Outstanding declined from Dec. 2022 (25.40) to Dec. 2023 (0.00).

Riddhiorate Services Days Sales Outstanding Historical Data

The historical data trend for Riddhiorate 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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Riddhiorate Services Days Sales Outstanding Chart

Riddhiorate Services Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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26.98

18.68

15.20

35.08

29.20

Riddhiorate Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															25.40	25.26	27.43	-	-

Competitive Comparison of Riddhiorate Services's Days Sales Outstanding

For the Specialty Business Services subindustry, Riddhiorate 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.

Riddhiorate Services's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Riddhiorate Services's Days Sales Outstanding distribution charts can be found below:

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

Riddhiorate 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.

Riddhiorate 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
=	( (178.684	+	141.584)	/	2 )	/	2001.741	*	365
=	160.134					/	2001.741	*	365
=	29.20

Riddhiorate Services'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
=	( (0	+	0)	/	1 )	/	303.213	*	365 / 4
=	0					/	303.213	*	365 / 4
=	0.00

Riddhiorate Services (BOM:540590) Days Sales Outstanding Explanation

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

Riddhiorate Services Days Sales Outstanding Related Terms

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Riddhiorate Services (BOM:540590) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Riddhi Corporate Services Ltd (BOM:540590) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ashram Road, 10, Mill Officers Colony, Behind Old RBI, Opposite Times Of India, Ahmedabad, GJ, IND, 380009

Website

https://www.riddhicorporate.co.in

Riddhi Corporate Services Ltd is engaged in data processing, hosting, and related activities. Its other activities include document management and digitization, contact centre, warehousing, address verification, data entry services, and software development. The company serves Telecom, Banking, NBFC, and IT sectors.

Riddhiorate Services (BOM:540590) Headlines

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