DEV Information Technology

DEV Information Technology Receivables Turnover

The Receivables Turnover Ratio of DEV Information Technology (DEVIT.NS) as of Oct 31, 2026 is 2.29. In the previous year, Receivables Turnover Ratio was 3.19 — a change of -28.17% (lower).

Receivables Turnover

2.29

YoY

-28.17%

Last updated:

Receivables Turnover Ratio of DEV Information Technology is 2025 2.29 . Receivables Turnover Ratio of DEV Information Technology was 2024 3.19 . It decreases by -28.17% lower compared to the previous year.

The DEV Information Technology Receivables Turnover history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Receivables Turnover
Date
Receivables Turnover
Jan 1, 2018
2.64 INR
Jan 1, 2019
3.86 INR
Jan 1, 2020
3.17 INR
Jan 1, 2021
3.87 INR
Jan 1, 2022
3.21 INR
Jan 1, 2023
3.55 INR
Jan 1, 2024
3.19 INR
Jan 1, 2025
2.29 INR
The DEV Information Technology Receivables Turnover history
YEARReceivables TurnoverYoY
2.29-28.17%
3.19-10.13%
3.55+10.45%
3.21-17.06%
3.87+22.21%
3.17-18.00%
3.86+46.16%
2.64-16.07%
3.15+8.07%
2.91-9.30%
3.21+23.68%
2.60—

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DEV Information Technology Stock analysis

What does DEV Information Technology do? Dev Information Technology Ltd. generates revenue through its IT & IT Enabled Services segment, offering products like ByteSIGNER and Talligence. ByteSIGNER is a desktop application enabling bulk digital signing of PDF documents, targeting organizations seeking paperless office solutions. Talligence, an AI and machine learning-driven solution for Tally, provides business monitoring functionalities. The company also monetizes cloud services including cloud application modernization, managed cloud services, cloud advisory, and cloud backup and recovery. Digital services such as e-commerce storefronts and digital marketing, alongside managed IT services like data center support and technical helpdesk, further contribute to its revenue streams. ByteSIGNER serves organizations with high-speed signing needs, while Talligence caters to businesses using Tally for monitoring key areas. Cloud services are sold to enterprises requiring modernization and management of cloud infrastructure. Digital services target businesses aiming to establish online storefronts and enhance digital marketing efforts. Managed IT services are purchased by companies needing data center support and technical assistance for workplace environments. The company’s product portfolio includes Windows Application Development and Web Application Development as part of its business applications. These services are tailored for clients requiring custom software solutions. ByteSIGNER and Talligence are positioned as specialized tools for document management and business analytics, respectively. Cloud and digital services form a significant portion of the revenue, reflecting the demand for cloud migration and digital transformation among its clients. DEV Information Technology is one of the most popular companies on Eulerpool.

Frequently Asked Questions about DEV Information Technology stock

Receivables Turnover Ratio of DEV Information Technology is 2.29 in 2025.

Receivables Turnover Ratio of DEV Information Technology changed from 3.19 to 2.29, representing a -28.17% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Receivables Turnover Ratio DEV Information Technology since 2006 – with annual values, charts, and detailed analysis.

Receivables turnover measures how efficiently a company collects its receivables. Higher turnover indicates faster collection.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Receivables Turnover Ratio's DEV Information Technology with sector peers and the industry average to assess whether it is attractive.

To evaluate Receivables Turnover Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Receivables Turnover Ratio.

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Profitability — DEV Information Technology

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