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ASGN (ASGN) Days Sales Outstanding : 64.50 (As of Mar. 2024)


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What is ASGN Days Sales Outstanding?

ASGN's average Accounts Receivable for the three months ended in Mar. 2024 was $742 Mil. ASGN's Revenue for the three months ended in Mar. 2024 was $1,049 Mil. Hence, ASGN's Days Sales Outstanding for the three months ended in Mar. 2024 was 64.50.

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

ASGN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.46   Med: 58.37   Max: 67.67
Current: 67.67

During the past 13 years, ASGN's highest Days Sales Outstanding was 67.67. The lowest was 55.46. And the median was 58.37.

ASGN's Days Sales Outstanding is ranked worse than
54.51% of 2726 companies
in the Software industry
Industry Median: 62.175 vs ASGN: 67.67

ASGN's Days Sales Outstanding declined from Mar. 2023 (67.76) to Mar. 2024 (64.50).


ASGN Days Sales Outstanding Historical Data

The historical data trend for ASGN'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.

ASGN Days Sales Outstanding Chart

ASGN Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.46 65.22 59.67 62.22 65.41

ASGN Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 67.76 66.64 66.73 65.67 64.50

Competitive Comparison of ASGN's Days Sales Outstanding

For the Information Technology Services subindustry, ASGN'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.


ASGN's Days Sales Outstanding Distribution in the Software Industry

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

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



ASGN 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.

ASGN'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
=( (853.6 + 741.5) / 2 ) / 4450.6*365
=797.55 / 4450.6*365
=65.41

ASGN'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
=( (741.5 + 0) / 1 ) / 1049*365 / 4
=741.5 / 1049*365 / 4
=64.50

* 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.


ASGN  (NYSE:ASGN) Days Sales Outstanding Explanation

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


ASGN Days Sales Outstanding Related Terms

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ASGN (ASGN) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4400 Cox Road, Suite 110, Glen Allen, VA, USA, 23060
ASGN Inc is a provider of information technology (IT) services and professional solutions, including technology, creative, and digital, across the commercial and government sectors. It operates through two segments, Commercial and Federal Government. The Commercial Segment, which is their largest segment, provides consulting, creative digital marketing, and permanent placement services to Fortune 1000 clients and mid-market companies. The Federal Government Segment provides mission-critical solutions to the Department of Defense, intelligence agencies, and civilian agencies.
Executives
Jonathan S Holman director C/O ASGN INCORPORATED, 26745 MALIBU HILLS ROAD, CALABASAS CA 91301
Theodore S. Hanson officer: EVP, ASGN 4400 COX ROAD, SUITE 110, GLEN ALLEN VA 23060
Randolph C Blazer officer: Pres, Apex-a sub of the Issuer C/O ASGN INCORPORATED, 26745 MALIBU HILLS ROAD, CALABASAS CA 91301
Jennifer Hankes Painter officer: VP, General Counsel, Secretary C/O ASGN INCORPORATED, 26745 MALIBU HILLS ROAD, CALABASAS CA 91301
Rose Cunningham officer: Chief Accounting Officer 4400 COX ROAD, SUITE 110, GLEN ALLEN VA 23060
Arshad Matin director 26745 MALIBU HILLS ROAD, CALABASAS CA 91301
Marie Perry officer: Exec VP, CFO 26745 MALIBU HILLS RD, CALABASAS CA 91301
Mark A. Frantz other: Board Adviser 1300 CALDER ROAD, MCLEAN VA 22101
Edward L Pierce officer: Exec VP, CFO 1439 WINDY MOUNTAIN AVE., WESTLAKE VILLAGE CA 91362
Edwin A. Sheridan director ON ASSIGNMENT, INC., 26745 MALIBU HILLS ROAD, CALABASAS CA 91301
Marty R Kittrell director C/O ON ASSIGNMENT, INC., 26745 MALIBU HILLS RD., CALABASAS CA 91301
Mariel A Joliet director C/O ON ASSIGNMENT, 26745 MALIBU HILLS ROAD, CALABASAS CA 91301
Maria R Hawthorne director 701 WESTERN AVENUE, GLENDALE CA 91201
Carol Lindstrom director 5994 SILVERADO TRAIL, NAPA CA 94558
Jeremy M Jones director 2532 DUPONT AVENUE, IRVINE CA 92612