Drone Destination (NSE:DRONE) Days Sales Outstanding : 60.31 (As of Mar. 2023)

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What is Drone Destination Days Sales Outstanding?

Drone Destination's average Accounts Receivable for the six months ended in Mar. 2023 was ₹19.9 Mil. Drone Destination's Revenue for the six months ended in Mar. 2023 was ₹120.7 Mil. Hence, Drone Destination's Days Sales Outstanding for the six months ended in Mar. 2023 was 30.15.

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

NSE:DRONE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.13 Med: 51.7 Max: 60.31
Current: 60.31

During the past 3 years, Drone Destination's highest Days Sales Outstanding was 60.31. The lowest was 22.13. And the median was 51.70.

NSE:DRONE's Days Sales Outstanding is ranked worse than
70.56% of 248 companies
in the Education industry
Industry Median: 29.4 vs NSE:DRONE: 60.31

Drone Destination's Days Sales Outstanding increased from Mar. 2021 (51.70) to Mar. 2023 (60.31).

Drone Destination Days Sales Outstanding Historical Data

The historical data trend for Drone Destination'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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Drone Destination Days Sales Outstanding Chart

Drone Destination Annual Data

Trend

Mar21

Mar22

Mar23

Days Sales Outstanding

51.70

22.13

60.31

Drone Destination Semi-Annual Data
	Mar21	Mar22	Mar23
Days Sales Outstanding	51.70	22.13	60.31

Competitive Comparison of Drone Destination's Days Sales Outstanding

For the Education & Training Services subindustry, Drone Destination'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.

Drone Destination's Days Sales Outstanding Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Drone Destination's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Drone Destination's Days Sales Outstanding falls into.

Drone Destination 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.

Drone Destination'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
=	( (2.555	+	37.339)	/	2 )	/	120.722	*	365
=	19.947					/	120.722	*	365
=	60.31

Drone Destination's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding (Q: 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
=	( (2.555	+	37.339)	/	2 )	/	120.722	*	365 / 2
=	19.947					/	120.722	*	365 / 2
=	30.15

Drone Destination (NSE:DRONE) Days Sales Outstanding Explanation

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

Drone Destination Days Sales Outstanding Related Terms

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Drone Destination (NSE:DRONE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Drone Destination Ltd (NSE:DRONE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

C-13, Ground Floor, Panchsheel Enclave, Delhi, IND, 110017

Website

https://www.thedronedestination.com

Drone Destination Ltd is a DGCA-authorized Remote Pilot Training Organization that has developed an integrated drone eco-system built around drone manufacturing, certified training, services, and renting a drone. The company operates the largest network of DGCA-certified Drone Pilot Training Programs. Drone Destination currently operates nine Drone Hubs at Gurugram, Dharamshala, Chandigarh, Gwalior, Ahmedabad, Bangalore, Coimbatore, Madurai and IFFCO Phulpur.

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