Party Cruisers (NSE:PARTYCRUS) Days Sales Outstanding : 53.76 (As of Sep. 2023)

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What is Party Cruisers Days Sales Outstanding?

Party Cruisers's average Accounts Receivable for the six months ended in Sep. 2023 was ₹57.6 Mil. Party Cruisers's Revenue for the six months ended in Sep. 2023 was ₹195.6 Mil. Hence, Party Cruisers's Days Sales Outstanding for the six months ended in Sep. 2023 was 53.76.

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

NSE:PARTYCRUS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.84 Med: 50.64 Max: 78.19
Current: 34.94

During the past 6 years, Party Cruisers's highest Days Sales Outstanding was 78.19. The lowest was 32.84. And the median was 50.64.

NSE:PARTYCRUS's Days Sales Outstanding is ranked better than
81.52% of 1039 companies
in the Business Services industry
Industry Median: 58.53 vs NSE:PARTYCRUS: 34.94

Party Cruisers's Days Sales Outstanding increased from Sep. 2022 (19.08) to Sep. 2023 (53.76).

Party Cruisers Days Sales Outstanding Historical Data

The historical data trend for Party Cruisers'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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Party Cruisers Days Sales Outstanding Chart

Party Cruisers Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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51.07

50.20

78.19

42.38

32.84

Party Cruisers Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial					115.49	23.95	19.08	22.66	53.76

Competitive Comparison of Party Cruisers's Days Sales Outstanding

For the Specialty Business Services subindustry, Party Cruisers'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.

Party Cruisers's Days Sales Outstanding Distribution in the Business Services Industry

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

* The bar in red indicates where Party Cruisers's Days Sales Outstanding falls into.

Party Cruisers 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.

Party Cruisers'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
=	( (10.506	+	49.745)	/	2 )	/	334.812	*	365
=	30.1255					/	334.812	*	365
=	32.84

Party Cruisers'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
=	( (49.745	+	65.473)	/	2 )	/	195.572	*	365 / 2
=	57.609					/	195.572	*	365 / 2
=	53.76

Party Cruisers (NSE:PARTYCRUS) Days Sales Outstanding Explanation

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

Party Cruisers Days Sales Outstanding Related Terms

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

Party Cruisers (NSE:PARTYCRUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Party Cruisers Ltd (NSE:PARTYCRUS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

303/304/305 Simran Plaza, Khar 4th Road, Near Hotel Regal Enclave, Khar (West), Mumbai, MH, IND, 400 052

Website

https://www.partycruisersindia.com

Party Cruisers Ltd specializes in Wedding Management and Events Management Business. The Wedding management services range from pre-wedding, during the wedding and post-wedding events like in-house designing, designation wedding event decor and others; The Event services range from planning and marketing to production and decor and others.

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