CGI (TSX:GIB.A) Days Sales Outstanding : 34.16 (As of Dec. 2023)

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What is CGI Days Sales Outstanding?

CGI's average Accounts Receivable for the three months ended in Dec. 2023 was C$1,349 Mil. CGI's Revenue for the three months ended in Dec. 2023 was C$3,603 Mil. Hence, CGI's Days Sales Outstanding for the three months ended in Dec. 2023 was 34.16.

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

TSX:GIB.A' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.74 Med: 29.28 Max: 36.62
Current: 36.62

During the past 13 years, CGI's highest Days Sales Outstanding was 36.62. The lowest was 27.74. And the median was 29.28.

TSX:GIB.A's Days Sales Outstanding is ranked better than
80.15% of 2726 companies
in the Software industry
Industry Median: 62.175 vs TSX:GIB.A: 36.62

CGI's Days Sales Outstanding declined from Dec. 2022 (35.25) to Dec. 2023 (34.16).

CGI Days Sales Outstanding Historical Data

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

CGI Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

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31.74

28.28

27.74

29.00

28.84

CGI Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															35.25	37.35	37.65	34.63	34.16

Competitive Comparison of CGI's Days Sales Outstanding

For the Information Technology Services subindustry, CGI'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.

CGI's Days Sales Outstanding Distribution in the Software Industry

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

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

CGI 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.

CGI's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (1106.187	+	1152.88)	/	2 )	/	14296.36	*	365
=	1129.5335					/	14296.36	*	365
=	28.84

CGI'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
=	( (1152.88	+	1544.544)	/	2 )	/	3602.97	*	365 / 4
=	1348.712					/	3602.97	*	365 / 4
=	34.16

CGI (TSX:GIB.A) Days Sales Outstanding Explanation

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

CGI Days Sales Outstanding Related Terms

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CGI (TSX:GIB.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CGI Inc (TSX:GIB.A) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

GIB:USA CJ5A:Germany

Address

1350 Rene-Levesque Boulevard West, 25th Floor, Montreal, QC, CAN, H3G 1T4

Website

https://www.cgi.com

CGI Inc. is a Canada-based IT-services provider with an embedded position in North America and Europe. The company generates more than CAD 14 billion in annual revenue, employs over 90,000 personnel, and operates across 400 offices in 40 countries. CGI offers a broad portfolio of services such as consulting, systems integration, application maintenance, and business process services, or BPS. The company's largest vertical market is government, which contributes more than a third of group revenue.

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