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HRH Next Services (NSE:HRHNEXT) Days Sales Outstanding : 121.43 (As of Sep. 2023)


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What is HRH Next Services Days Sales Outstanding?

HRH Next Services's average Accounts Receivable for the six months ended in Sep. 2023 was ₹142.3 Mil. HRH Next Services's Revenue for the six months ended in Sep. 2023 was ₹213.9 Mil. Hence, HRH Next Services's Days Sales Outstanding for the six months ended in Sep. 2023 was 121.43.

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

NSE:HRHNEXT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.07   Med: 47.61   Max: 242.85
Current: 242.85

During the past 3 years, HRH Next Services's highest Days Sales Outstanding was 242.85. The lowest was 41.07. And the median was 47.61.

NSE:HRHNEXT's Days Sales Outstanding is ranked worse than
92.57% of 2732 companies
in the Software industry
Industry Median: 61.815 vs NSE:HRHNEXT: 242.85

HRH Next Services's Days Sales Outstanding increased from Mar. 2022 (0.00) to Sep. 2023 (121.43).

HRH Next Services Days Sales Outstanding Historical Data

The historical data trend for HRH Next 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.

* Premium members only.

HRH Next Services Days Sales Outstanding Chart

HRH Next Services Annual Data
Trend Mar21 Mar22 Mar23
Days Sales Outstanding
47.61 41.07 67.58

HRH Next Services Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Days Sales Outstanding - - - 121.43

Competitive Comparison of HRH Next Services's Days Sales Outstanding

For the Information Technology Services subindustry, HRH Next 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.

HRH Next Services's Days Sales Outstanding Distribution in the Software Industry

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

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


HRH Next 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.

HRH Next 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
=( (67.841 + 121.524) / 2 ) / 511.363*365
=94.6825 / 511.363*365
=67.58

HRH Next Services's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (121.524 + 163.136) / 2 ) / 213.916*365 / 2
=142.33 / 213.916*365 / 2
=121.43

* 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.

HRH Next Services  (NSE:HRHNEXT) Days Sales Outstanding Explanation

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

HRH Next Services Days Sales Outstanding Related Terms

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HRH Next Services (NSE:HRHNEXT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » HRH Next Services Ltd (NSE:HRHNEXT) » Definitions » Days Sales Outstanding
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Traded in Other Exchanges
N/A
Address
Abid Road, C/o G.J. House, 2nd Floor, 4-1-976, Hyderabad, TG, IND, 500001
Website
https://www.hrhnext.com
HRH Next Services Ltd is engaged in Business Process Outsourcing (BPO) offering a comprehensive suite of Call Centre Services, covering Inbound Services, Outbound Services, Backend Support, Chat Support, Email Support and provides efficient end-to-end solutions.

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