Intertek Group (Intertek Group) Days Sales Outstanding

: 68.84 (As of Dec. 2023)

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Intertek Group's average Accounts Receivable for the six months ended in Dec. 2023 was $806 Mil. Intertek Group's Revenue for the six months ended in Dec. 2023 was $2,138 Mil. Hence, Intertek Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 68.84.

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

IKTSY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.43 Med: 60.76 Max: 65.86
Current: 65.61

During the past 13 years, Intertek Group's highest Days Sales Outstanding was 65.86. The lowest was 55.43. And the median was 60.76.

IKTSY's Days Sales Outstanding is ranked worse than
58.83% of 1042 companies
in the Business Services industry
Industry Median: 58.4 vs IKTSY: 65.61

Intertek Group's Days Sales Outstanding increased from Dec. 2022 (68.37) to Dec. 2023 (68.84).

Intertek Group Days Sales Outstanding Historical Data

The historical data trend for Intertek Group'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.

Intertek Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

56.94

58.63

57.90

57.79

55.50

Intertek Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding																68.39	75.46	68.37	70.33	68.84

Competitive Comparison

For the Specialty Business Services subindustry, Intertek Group'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.

Intertek Group Days Sales Outstanding Distribution

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

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

Intertek Group 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.

Intertek Group'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
=	( (632.4	+	648.987)	/	2 )	/	4213.544	*	365
=	640.6935					/	4213.544	*	365
=	55.50

Intertek Group'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (963.636	+	648.987)	/	2 )	/	2137.595	*	365 / 2
=	806.3115					/	2137.595	*	365 / 2
=	68.84

Intertek Group (OTCPK:IKTSY) Days Sales Outstanding Explanation

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

Intertek Group Days Sales Outstanding Related Terms

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Intertek Group (Intertek Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Intertek Group PLC (OTCPK:IKTSY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

IKTSF:USA ITRKl:UK ITRK:UK IT1:Germany

Address

33 Cavendish Square, London, GBR, W1G 0PS

Website

https://www.intertek.com

FTSE 100 firm Intertek is one of the largest and oldest companies in the testing, inspection, and certification industry. The company's primary activities involve testing products and materials, inspecting sites/industrial equipment, and certifying products and systems to ensure global/company standards. Intertek is one of only four TIC companies that operate globally across numerous industries. The firm listed in 2002, following a divestment by Charterhouse. It employs almost 44,000 people worldwide.