GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » IPAS Indexo (ORSE:IDX1R) » Definitions » Days Sales Outstanding

IPAS Indexo (ORSE:IDX1R) Days Sales Outstanding : 31.06 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is IPAS Indexo Days Sales Outstanding?

IPAS Indexo's average Accounts Receivable for the three months ended in Mar. 2024 was €0.31 Mil. IPAS Indexo's Revenue for the three months ended in Mar. 2024 was €0.92 Mil. Hence, IPAS Indexo's Days Sales Outstanding for the three months ended in Mar. 2024 was 31.06.

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

ORSE:IDX1R' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.73   Med: 31.39   Max: 38.3
Current: 29.73

During the past 6 years, IPAS Indexo's highest Days Sales Outstanding was 38.30. The lowest was 29.73. And the median was 31.39.

ORSE:IDX1R's Days Sales Outstanding is ranked better than
67.52% of 508 companies
in the Asset Management industry
Industry Median: 50.805 vs ORSE:IDX1R: 29.73

IPAS Indexo's Days Sales Outstanding declined from Mar. 2023 (31.42) to Mar. 2024 (31.06).


IPAS Indexo Days Sales Outstanding Historical Data

The historical data trend for IPAS Indexo'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.

* Premium members only.

IPAS Indexo Days Sales Outstanding Chart

IPAS Indexo Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial - 38.30 30.87 31.16 31.61

IPAS Indexo Quarterly Data
Dec18 Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.42 30.02 29.03 29.58 31.06

Competitive Comparison of IPAS Indexo's Days Sales Outstanding

For the Asset Management subindustry, IPAS Indexo'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.


IPAS Indexo's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, IPAS Indexo's Days Sales Outstanding distribution charts can be found below:

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



IPAS Indexo 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.

IPAS Indexo's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (0.22 + 0.321) / 2 ) / 3.123*365
=0.2705 / 3.123*365
=31.61

IPAS Indexo's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (0.321 + 0.308) / 2 ) / 0.924*365 / 4
=0.3145 / 0.924*365 / 4
=31.06

* 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.


IPAS Indexo  (ORSE:IDX1R) Days Sales Outstanding Explanation

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


IPAS Indexo Days Sales Outstanding Related Terms

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


IPAS Indexo (ORSE:IDX1R) Business Description

Traded in Other Exchanges
N/A
Address
13-1A Elizabetes Street, Riga, LVA, 1010
IPAS Indexo is a licensed investment management company. INDEXO has revolutionized the pension administration market, now the company is working to do the same in the banking sector and establish a new, strong, modern, and customer-friendly bank. Its products include the 2nd pension level and 3. pension level.

IPAS Indexo (ORSE:IDX1R) Headlines

No Headlines