International Business Machines (LIM:IBM) Days Sales Outstanding : 34.02 (As of Sep. 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 Sep. 2024 was $5,580 Mil. International Business Machines's Revenue for the three months ended in Sep. 2024 was $14,967 Mil. Hence, International Business Machines's Days Sales Outstanding for the three months ended in Sep. 2024 was 34.02.

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

LIM:IBM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.7 Med: 40.04 Max: 48.39
Current: 34.7

During the past 13 years, International Business Machines's highest Days Sales Outstanding was 48.39. The lowest was 34.70. And the median was 40.04.

LIM:IBM's Days Sales Outstanding is ranked better than
82.05% of 2730 companies
in the Software industry
Industry Median: 61.455 vs LIM:IBM: 34.70

International Business Machines's Days Sales Outstanding declined from Sep. 2023 (34.03) to Sep. 2024 (34.02).

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.

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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

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48.39

45.18

39.92

40.08

40.58

International Business Machines Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															34.03	32.93	41.82	34.17	34.02

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
=	( (6541	+	7214)	/	2 )	/	61860	*	365
=	6877.5					/	61860	*	365
=	40.58

International Business Machines's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (5769	+	5390)	/	2 )	/	14967	*	365 / 4
=	5579.5					/	14967	*	365 / 4
=	34.02

International Business Machines (LIM: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 Business Description

Industry

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Address

One New Orchard Road, Armonk, NY, USA, 10504

Website

http://www.ibm.com

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.