Zaggle Prepaid Ocean Services (BOM:543985) Days Sales Outstanding : 58.29 (As of Mar. 2024)

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What is Zaggle Prepaid Ocean Services Days Sales Outstanding?

Zaggle Prepaid Ocean Services's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1,746 Mil. Zaggle Prepaid Ocean Services's Revenue for the three months ended in Mar. 2024 was ₹2,734 Mil. Hence, Zaggle Prepaid Ocean Services's Days Sales Outstanding for the three months ended in Mar. 2024 was 58.29.

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

BOM:543985' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.36 Med: 40.14 Max: 106.44
Current: 106.44

During the past 5 years, Zaggle Prepaid Ocean Services's highest Days Sales Outstanding was 106.44. The lowest was 29.36. And the median was 40.14.

BOM:543985's Days Sales Outstanding is ranked worse than
78.77% of 2732 companies
in the Software industry
Industry Median: 61.675 vs BOM:543985: 106.44

Zaggle Prepaid Ocean Services's Days Sales Outstanding increased from Sep. 2022 (46.71) to Mar. 2024 (58.29).

Zaggle Prepaid Ocean Services Days Sales Outstanding Historical Data

The historical data trend for Zaggle Prepaid Ocean 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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Zaggle Prepaid Ocean Services Days Sales Outstanding Chart

Zaggle Prepaid Ocean Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

85.04

29.36

32.26

48.01

65.24

Zaggle Prepaid Ocean Services Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Mar23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial				46.71	-	55.42	55.41	58.29

Competitive Comparison of Zaggle Prepaid Ocean Services's Days Sales Outstanding

For the Software - Infrastructure subindustry, Zaggle Prepaid Ocean 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.

Zaggle Prepaid Ocean Services's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Zaggle Prepaid Ocean Services's Days Sales Outstanding distribution charts can be found below:

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

Zaggle Prepaid Ocean 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.

Zaggle Prepaid Ocean Services'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
=	( (1026.59	+	1746.21)	/	2 )	/	7755.98	*	365
=	1386.4					/	7755.98	*	365
=	65.24

Zaggle Prepaid Ocean Services'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	+	1746.21)	/	1 )	/	2733.71	*	365 / 4
=	1746.21					/	2733.71	*	365 / 4
=	58.29

Zaggle Prepaid Ocean Services (BOM:543985) Days Sales Outstanding Explanation

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

Zaggle Prepaid Ocean Services Days Sales Outstanding Related Terms

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Zaggle Prepaid Ocean Services (BOM:543985) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Zaggle Prepaid Ocean Services Ltd (BOM:543985) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ZAGGLE:India

Address

Yadav Nagar, Boomerang Building, Ground Floor, B-1004, Chandivali, Powai, Mumbai, MH, IND, 400072

Website

https://www.zaggle.in

Zaggle Prepaid Ocean Services Ltd is a leading player in spend management, with a differentiated value proposition and diversified user base. The company operates in a segment where it interacts and interfaces with its Customers and end Users and is among a small number of uniquely positioned players with a diversified offering of financial technology (fintech) products and services, having one of the largest number of issued prepaid cards in India in partnership with certain of its banking partners. It has a diversified portfolio of software as a service (SaaS), including tax and payroll software, and a wide touchpoint reach.

Zaggle Prepaid Ocean Services (BOM:543985) Headlines

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