IHS Holding (IHS Holding) Days Sales Outstanding : 70.25 (As of Dec. 2023)

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What is IHS Holding Days Sales Outstanding?

IHS Holding's average Accounts Receivable for the three months ended in Dec. 2023 was $392 Mil. IHS Holding's Revenue for the three months ended in Dec. 2023 was $510 Mil. Hence, IHS Holding's Days Sales Outstanding for the three months ended in Dec. 2023 was 70.25.

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

IHS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.92 Med: 52.11 Max: 109.15
Current: 64.33

During the past 6 years, IHS Holding's highest Days Sales Outstanding was 109.15. The lowest was 48.92. And the median was 52.11.

IHS's Days Sales Outstanding is ranked worse than
60.1% of 381 companies
in the Telecommunication Services industry
Industry Median: 56.4 vs IHS: 64.33

IHS Holding's Days Sales Outstanding declined from Dec. 2022 (79.87) to Dec. 2023 (70.25).

IHS Holding Days Sales Outstanding Historical Data

The historical data trend for IHS Holding'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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IHS Holding Days Sales Outstanding Chart

IHS Holding Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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52.11

48.96

48.92

82.47

109.15

IHS Holding Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial												79.87	67.71	35.48	36.26	70.25

Competitive Comparison of IHS Holding's Days Sales Outstanding

For the Telecom Services subindustry, IHS Holding'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.

IHS Holding's Days Sales Outstanding Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, IHS Holding's Days Sales Outstanding distribution charts can be found below:

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

IHS Holding 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.

IHS Holding'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
=	( (663.467	+	607.835)	/	2 )	/	2125.539	*	365
=	635.651					/	2125.539	*	365
=	109.15

IHS Holding'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
=	( (177.114	+	607.835)	/	2 )	/	509.784	*	365 / 4
=	392.4745					/	509.784	*	365 / 4
=	70.25

IHS Holding (NYSE:IHS) Days Sales Outstanding Explanation

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

IHS Holding Days Sales Outstanding Related Terms

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IHS Holding (IHS Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » IHS Holding Ltd (NYSE:IHS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

4JB:Germany

Address

123 Victoria Street, 1 Cathedral Piazza, London, GBR, SW1E 5BP

Website

https://www.ihstowers.com

IHS Holding Ltd is an independent owner, operator, and developer of shared telecommunications infrastructure. The company provides telecommunications infrastructure to its customers, most of who are MNOs, who in turn provide wireless voice and data services to their end-users. Its geographical segments are Nigeria, Sub-Saharan Africa, Middle East and North Africa (MENA), and Latin America (Latam). The majority of its revenue is derived from Nigeria.