Intercede Group (LSE:IGP) Days Sales Outstanding : 113.88 (As of Sep. 2023)

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What is Intercede Group Days Sales Outstanding?

Intercede Group's average Accounts Receivable for the six months ended in Sep. 2023 was £4.36 Mil. Intercede Group's Revenue for the six months ended in Sep. 2023 was £6.99 Mil. Hence, Intercede Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 113.88.

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

LSE:IGP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.11 Med: 127.98 Max: 168.42
Current: 115.12

During the past 13 years, Intercede Group's highest Days Sales Outstanding was 168.42. The lowest was 25.11. And the median was 127.98.

LSE:IGP's Days Sales Outstanding is ranked worse than
81.11% of 2732 companies
in the Software industry
Industry Median: 61.815 vs LSE:IGP: 115.12

Intercede Group's Days Sales Outstanding declined from Sep. 2022 (119.04) to Sep. 2023 (113.88).

Intercede Group Days Sales Outstanding Historical Data

The historical data trend for Intercede 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.

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Intercede Group Days Sales Outstanding Chart

Intercede Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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168.31

168.42

147.50

151.13

142.11

Intercede Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															114.71	116.81	119.04	131.87	113.88

Competitive Comparison of Intercede Group's Days Sales Outstanding

For the Software - Application subindustry, Intercede 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.

Intercede Group's Days Sales Outstanding Distribution in the Software Industry

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

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

Intercede 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.

Intercede Group's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (4.303	+	5.127)	/	2 )	/	12.11	*	365
=	4.715					/	12.11	*	365
=	142.11

Intercede Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (5.127	+	3.6)	/	2 )	/	6.993	*	365 / 2
=	4.3635					/	6.993	*	365 / 2
=	113.88

Intercede Group (LSE:IGP) Days Sales Outstanding Explanation

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

Intercede Group Days Sales Outstanding Related Terms

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Intercede Group (LSE:IGP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Intercede Group PLC (LSE:IGP) » Definitions » Days Sales Outstanding

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LYD:Germany

Address

St. Mary's Road, Lutterworth Hall, Lutterworth, Leicestershire, GBR, LE17 4PS

Website

https://www.intercede.com

Intercede Group PLC is an independent developer and supplier of identity and credential management software. Its product portfolio includes MyID, an identity, and credential management system, RapID is the password killer for killer apps, and MyTAM enables Android app developers and service providers to deploy trusted applications to the trusted execution environment in a simple and cost-effective manner. The company serves a diverse range of markets including governments, enterprises, app developers, and service providers. It has operational footprints across the United Kingdom, Rest of Europe, North America, and Rest of World. The Majority of its revenue is derived from North America.

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