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Adecco Group AG (Adecco Group AG) Days Sales Outstanding : 67.65 (As of Dec. 2023)


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What is Adecco Group AG Days Sales Outstanding?

Adecco Group AG's average Accounts Receivable for the three months ended in Dec. 2023 was $4,939 Mil. Adecco Group AG's Revenue for the three months ended in Dec. 2023 was $6,662 Mil. Hence, Adecco Group AG's Days Sales Outstanding for the three months ended in Dec. 2023 was 67.65.

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

AHEXY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 64.56   Med: 69.15   Max: 76.73
Current: 71.09

During the past 13 years, Adecco Group AG's highest Days Sales Outstanding was 76.73. The lowest was 64.56. And the median was 69.15.

AHEXY's Days Sales Outstanding is ranked worse than
64.42% of 1040 companies
in the Business Services industry
Industry Median: 58.575 vs AHEXY: 71.09

Adecco Group AG's Days Sales Outstanding declined from Dec. 2022 (67.73) to Dec. 2023 (67.65).


Adecco Group AG Days Sales Outstanding Historical Data

The historical data trend for Adecco Group AG'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.

Adecco Group AG Days Sales Outstanding Chart

Adecco Group AG 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 68.93 72.83 71.81 70.30 69.23

Adecco Group AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 67.73 71.93 70.42 72.70 67.65

Competitive Comparison of Adecco Group AG's Days Sales Outstanding

For the Staffing & Employment Services subindustry, Adecco Group AG'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.


Adecco Group AG's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Adecco Group AG's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Adecco Group AG's Days Sales Outstanding falls into.



Adecco Group AG 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.

Adecco Group AG'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
=( (5040.254 + 4870.229) / 2 ) / 26125.409*365
=4955.2415 / 26125.409*365
=69.23

Adecco Group AG'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
=( (5007.471 + 4870.229) / 2 ) / 6661.941*365 / 4
=4938.85 / 6661.941*365 / 4
=67.65

* 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.


Adecco Group AG  (OTCPK:AHEXY) Days Sales Outstanding Explanation

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


Adecco Group AG Days Sales Outstanding Related Terms

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Adecco Group AG (Adecco Group AG) Business Description

Traded in Other Exchanges
Address
Bellerivestrasse 30, Zurich, CHE, CH-8008
Adecco Group AG is a provider of human capital solutions including Flexible placement, Permanent placement, Career Transition, Outsourcing, Consulting Services in engineering, Digital and IT, Talent services, Training, Up/ Re-skilling and Other services. It is organised into three business units Adecco, Akkodis and LHH. The company provides services to businesses and organisations located throughout Europe, North America, Asia Pacific, South America, and North Africa.