SecUR Credentials (NSE:SECURCRED) Days Sales Outstanding : 467.56 (As of Dec. 2023)

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What is SecUR Credentials Days Sales Outstanding?

SecUR Credentials's average Accounts Receivable for the three months ended in Dec. 2023 was ₹360.9 Mil. SecUR Credentials's Revenue for the three months ended in Dec. 2023 was ₹70.4 Mil. Hence, SecUR Credentials's Days Sales Outstanding for the three months ended in Dec. 2023 was 467.56.

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

NSE:SECURCRED' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.69 Med: 138.77 Max: 364.52
Current: 364.52

During the past 11 years, SecUR Credentials's highest Days Sales Outstanding was 364.52. The lowest was 3.69. And the median was 138.77.

NSE:SECURCRED's Days Sales Outstanding is ranked worse than
97.01% of 1036 companies
in the Business Services industry
Industry Median: 58.73 vs NSE:SECURCRED: 364.52

SecUR Credentials's Days Sales Outstanding increased from Dec. 2022 (308.94) to Dec. 2023 (467.56).

Warning Sign:

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

SecUR Credentials Days Sales Outstanding Historical Data

The historical data trend for SecUR Credentials'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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SecUR Credentials Days Sales Outstanding Chart

SecUR Credentials Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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117.56

159.98

278.53

290.37

288.84

SecUR Credentials Quarterly Data
	Mar17	Jun17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															308.94	243.62	345.53	469.93	467.56

Competitive Comparison of SecUR Credentials's Days Sales Outstanding

For the Specialty Business Services subindustry, SecUR Credentials'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.

SecUR Credentials's Days Sales Outstanding Distribution in the Business Services Industry

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

* The bar in red indicates where SecUR Credentials's Days Sales Outstanding falls into.

SecUR Credentials 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.

SecUR Credentials'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
=	( (412.668	+	378.881)	/	2 )	/	500.133	*	365
=	395.7745					/	500.133	*	365
=	288.84

SecUR Credentials's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (360.856	+	0)	/	1 )	/	70.426	*	365 / 4
=	360.856					/	70.426	*	365 / 4
=	467.56

SecUR Credentials (NSE:SECURCRED) Days Sales Outstanding Explanation

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

SecUR Credentials Days Sales Outstanding Related Terms

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

SecUR Credentials (NSE:SECURCRED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SecUR Credentials Ltd (NSE:SECURCRED) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

543625:India

Address

8th Floor, A Wing, Prism Tower, Mindspace, Malad West, Mumbai, MH, IND, 400064

Website

https://www.secur.co.in

SecUR Credentials Ltd is an India-based company that engages in employee background verification and job seeker resume verification-SecUR number. The company does education, employment, criminal, identity, database and media, residential reference, credit checks, drug tests, and psychometric tests. It also offers employees background screening, onboarding process, exit management, and employee support services for corporates.

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