Ebix's average Accounts Receivable for the
three
months ended in Sep. 2023 was $159.7 Mil. Ebix's Revenue for the
three
months ended in Sep. 2023 was $119.2 Mil.
Hence, Ebix's Days Sales Outstanding for the
three
months ended in Sep. 2023 was 122.25.
The historical rank and industry rank for Ebix's Days Sales Outstanding or its related term are showing as below:
EBIXQ'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.55 Med: 68.18 Max: 97.34
Current: 78.48
During the past 13 years, Ebix's highest Days Sales Outstanding was 97.34. The lowest was 53.55. And the median was 68.18.
EBIXQ's Days Sales Outstanding is ranked worse than 64.88% of 2725
companies
in the Software industry
Industry Median: 62.18
vs EBIXQ: 78.48
Ebix's Days Sales Outstanding
increased
from Sep. 2022 (56.12) to Sep. 2023 (122.25).
Warning Sign:
If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.
Ebix Days Sales Outstanding Historical Data
The historical data trend for Ebix'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.
Competitive Comparison of Ebix's Days Sales Outstanding
For the Software - Application subindustry, Ebix'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.
Ebix's Days Sales Outstanding Distribution in the Software Industry
For the Software industry and Technology sector, Ebix's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Ebix's Days Sales Outstanding falls into.
Ebix 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.
* 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.
Ebix (OTCPK:EBIXQ) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Ebix Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Ebix's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Ebix Inc is a provider of enterprise cloud e-commerce solutions for the insurance, finance, and healthcare industries. The company derives its revenues primarily from its financial transaction fees, software subscription, and transaction fees, software license fees, risk compliance solutions services fees, and professional service fees, including associated fees for consulting, implementation, training, and project management provided to customers with installed systems and applications. These exchanges connect multiple entities within the insurance and healthcare markets, enabling participants to carry and process data from one entity to another. Ebix generates the majority of its revenue from India.
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