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International Business Machines (BUE:IBM) Days Sales Outstanding : 28.81 (As of Mar. 2024)


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What is International Business Machines Days Sales Outstanding?

International Business Machines's average Accounts Receivable for the three months ended in Mar. 2024 was ARS3,846,898 Mil. International Business Machines's Revenue for the three months ended in Mar. 2024 was ARS12,183,393 Mil. Hence, International Business Machines's Days Sales Outstanding for the three months ended in Mar. 2024 was 28.81.

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

BUE:IBM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.3   Med: 40.04   Max: 48.39
Current: 35.3

During the past 13 years, International Business Machines's highest Days Sales Outstanding was 48.39. The lowest was 35.30. And the median was 40.04.

BUE:IBM's Days Sales Outstanding is ranked better than
81.72% of 2725 companies
in the Software industry
Industry Median: 61.89 vs BUE:IBM: 35.30

International Business Machines's Days Sales Outstanding declined from Mar. 2023 (36.20) to Mar. 2024 (28.81).


International Business Machines Days Sales Outstanding Historical Data

The historical data trend for International Business Machines'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.

International Business Machines Days Sales Outstanding Chart

International Business Machines 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 39.71 38.27 36.34 31.99 30.24

International Business Machines 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 36.20 30.70 28.52 32.50 28.81

Competitive Comparison of International Business Machines's Days Sales Outstanding

For the Information Technology Services subindustry, International Business Machines'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.


International Business Machines's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where International Business Machines's Days Sales Outstanding falls into.



International Business Machines 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.

International Business Machines'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
=( (1096598.62 + 2604254.002) / 2 ) / 22331460.02*365
=1850426.311 / 22331460.02*365
=30.24

International Business Machines'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
=( (2604254.002 + 5089542.587) / 2 ) / 12183392.707*365 / 4
=3846898.2945 / 12183392.707*365 / 4
=28.81

* 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.


International Business Machines  (BUE:IBM) Days Sales Outstanding Explanation

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


International Business Machines Days Sales Outstanding Related Terms

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International Business Machines (BUE:IBM) Business Description

Address
One New Orchard Road, Armonk, NY, USA, 10504
IBM looks to be a part of every aspect of an enterprise's IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients—which includes 95% of all Fortune 500. While IBM is a B2B company, IBM's outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.