Roadzen (Roadzen) Days Sales Outstanding : 46.18 (As of Dec. 2023)

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What is Roadzen Days Sales Outstanding?

Roadzen's average Accounts Receivable for the three months ended in Dec. 2023 was $7.92 Mil. Roadzen's Revenue for the three months ended in Dec. 2023 was $15.64 Mil. Hence, Roadzen's Days Sales Outstanding for the three months ended in Dec. 2023 was 46.18.

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

RDZN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.99 Med: 29.74 Max: 148.82
Current: 45.49

During the past 3 years, Roadzen's highest Days Sales Outstanding was 148.82. The lowest was 20.99. And the median was 29.74.

RDZN's Days Sales Outstanding is ranked better than
70.51% of 2733 companies
in the Software industry
Industry Median: 61.68 vs RDZN: 45.49

Roadzen's Days Sales Outstanding increased from Sep. 2022 (23.58) to Dec. 2023 (46.18).

Roadzen Days Sales Outstanding Historical Data

The historical data trend for Roadzen'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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Roadzen Days Sales Outstanding Chart

Roadzen Annual Data

Trend

Mar21

Mar22

Mar23

Days Sales Outstanding

148.82

20.99

29.74

Roadzen Quarterly Data
	Mar21	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			23.58	17.61	19.83	30.15	46.18

Competitive Comparison of Roadzen's Days Sales Outstanding

For the Software - Application subindustry, Roadzen'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.

Roadzen's Days Sales Outstanding Distribution in the Software Industry

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

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

Roadzen 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.

Roadzen'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
=	( (0.674	+	1.536)	/	2 )	/	13.56	*	365
=	1.105					/	13.56	*	365
=	29.74

Roadzen'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
=	( (8.688	+	7.143)	/	2 )	/	15.641	*	365 / 4
=	7.9155					/	15.641	*	365 / 4
=	46.18

Roadzen (NAS:RDZN) Days Sales Outstanding Explanation

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

Roadzen Days Sales Outstanding Related Terms

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Roadzen (Roadzen) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Roadzen Inc (NAS:RDZN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Cogency Global Inc, 850 New Burton Road, Suite 201, Dover, DE, USA, 19904

Website

https://www.roadzen.io

Roadzen Inc is an insurance technology company on a mission to transform global auto insurance powered by advanced AI. Its clients comprise major insurers, fleets, and carmakers to small fleets, brokers, and insurance agents that use Roadzen's technology to build new products, sell insurance, process claims, and improve road safety. Roadzen's work in telematics and computer vision has earned recognition as an AI innovator by publications such as Forbes, Fortune, and Financial Express.

Roadzen (Roadzen) Headlines

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