Micropro Software Solutions (NSE:MICROPRO) Days Sales Outstanding : 146.29 (As of Mar. 2023)

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

What is Micropro Software Solutions Days Sales Outstanding?

Micropro Software Solutions's average Accounts Receivable for the six months ended in Mar. 2023 was ₹87.9 Mil. Micropro Software Solutions's Revenue for the six months ended in Mar. 2023 was ₹219.4 Mil. Hence, Micropro Software Solutions's Days Sales Outstanding for the six months ended in Mar. 2023 was 73.15.

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

NSE:MICROPRO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.94 Med: 82.19 Max: 146.29
Current: 146.29

During the past 3 years, Micropro Software Solutions's highest Days Sales Outstanding was 146.29. The lowest was 61.94. And the median was 82.19.

NSE:MICROPRO's Days Sales Outstanding is ranked worse than
85.52% of 2728 companies
in the Software industry
Industry Median: 61.85 vs NSE:MICROPRO: 146.29

Micropro Software Solutions's Days Sales Outstanding increased from Mar. 2021 (61.94) to Mar. 2023 (146.29).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Micropro Software Solutions Days Sales Outstanding Historical Data

The historical data trend for Micropro Software Solutions'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.

Micropro Software Solutions Days Sales Outstanding Chart

Micropro Software Solutions Annual Data

Trend

Mar21

Mar22

Mar23

Days Sales Outstanding

61.94

82.19

146.29

Micropro Software Solutions Semi-Annual Data
	Mar21	Mar22	Mar23
Days Sales Outstanding	61.94	82.19	146.29

Competitive Comparison of Micropro Software Solutions's Days Sales Outstanding

For the Information Technology Services subindustry, Micropro Software Solutions'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.

Micropro Software Solutions's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Micropro Software Solutions's Days Sales Outstanding falls into.

Micropro Software Solutions 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.

Micropro Software Solutions'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
=	( (54.42	+	121.425)	/	2 )	/	219.364	*	365
=	87.9225					/	219.364	*	365
=	146.29

Micropro Software Solutions'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
=	( (54.42	+	121.425)	/	2 )	/	219.364	*	365 / 2
=	87.9225					/	219.364	*	365 / 2
=	73.15

Micropro Software Solutions (NSE:MICROPRO) Days Sales Outstanding Explanation

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

Micropro Software Solutions Days Sales Outstanding Related Terms

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

Micropro Software Solutions (NSE:MICROPRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Micropro Software Solutions Ltd (NSE:MICROPRO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gayatri Nagar Road, Plot NO. 28, 102 Wing A, 7th Floor, VIPL IT Park Building, Nagpur, MH, IND, 440022

Website

https://www.microproindia.com

Micropro Software Solutions Ltd is engaged in the business of providing software development, maintenance services as well as trading of hardware and software products. The company provides consulting along with technical services and IT solutions to its clients across different industries. The services offered by the company include IT Infrastructure Management, Manpower Services, Network and Security Services among others. It also offers software products such as HospyCare, OpenSys-Logix, OpenSys MicroBooks and others.

Micropro Software Solutions (NSE:MICROPRO) Headlines

No Headlines