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Gartner (Gartner) Days Sales Outstanding

: 78.87 (As of Dec. 2023)
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Gartner's average Accounts Receivable for the three months ended in Dec. 2023 was $1,371 Mil. Gartner's Revenue for the three months ended in Dec. 2023 was $1,586 Mil. Hence, Gartner's Days Sales Outstanding for the three months ended in Dec. 2023 was 78.87.

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

IT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 87.67   Med: 98.93   Max: 114.3
Current: 87.67

During the past 13 years, Gartner's highest Days Sales Outstanding was 114.30. The lowest was 87.67. And the median was 98.93.

IT's Days Sales Outstanding is ranked worse than
70.74% of 2724 companies
in the Software industry
Industry Median: 62.27 vs IT: 87.67

Gartner's Days Sales Outstanding declined from Dec. 2022 (78.95) to Dec. 2023 (78.87).


Gartner Days Sales Outstanding Historical Data

The historical data trend for Gartner'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.

Gartner Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 110.96 114.30 100.49 97.38 97.57

Gartner 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 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 Premium Member Only Premium Member Only Premium Member Only 78.95 99.75 84.84 78.13 78.87

Competitive Comparison

For the Information Technology Services subindustry, Gartner'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.


Gartner Days Sales Outstanding Distribution

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

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



Gartner 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.

Gartner'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
=( (1556.786 + 1601.228) / 2 ) / 5906.956*365
=1579.007 / 5906.956*365
=97.57

Gartner'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
=( (1140.563 + 1601.228) / 2 ) / 1586.118*365 / 4
=1370.8955 / 1586.118*365 / 4
=78.87

* 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.


Gartner  (NYSE:IT) Days Sales Outstanding Explanation

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


Gartner Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Gartner's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Gartner (Gartner) Business Description

Industry
Traded in Other Exchanges
Address
56 Top Gallant Road, P.O. Box 10212, Stamford, CT, USA, 06902-7700
Based in Stamford, Conn., Gartner provides independent research and analysis on information technology and other related technology industries. Its research is delivered to clients' desktops in the form of reports, briefings, and updates. Typical clients are chief information officers and other business executives who help plan companies' IT budgets. Gartner also provides consulting services and hosted nearly 80 IT conferences across the globe in 2007.
Executives
Claire Herkes officer: EVP, Conferences 56 TOP GALLANT ROAD, STAMFORD CT 06902
Robin B Kranich officer: SVP,Research Ops & Bus Dvlpmt 56 TOP GALLANT RD, STAMFORD CT 06902
Craig Safian officer: EVP & CFO 56 TOP GALLANT ROAD, STAMFORD CT 06904
Valentin Sribar officer: SVP, Research & Advisory 56 TOP GALLANT ROAD, STAMFORD CT 06902
Alwyn Dawkins officer: EVP, Conferences 56 TOP GALLANT ROAD, STAMFORD CT 06902
Akhil Jain officer: SVP, Consulting 56 TOP GALLANT ROAD, STAMFORD CT 06902
Richard J Bressler director 1515 BROADWAY, NEW YORK NY 10036
James C Smith director C/O FIRST HEALTH GROUP CORP, 3200 HIGHLAND AVENUE, DOWNERS GROVE IL 60515
Wartinbee William James Iii officer: SVP, Global Sales Strat & Ops 56 TOP GALLANT ROAD, STAMFORD CT 06902
Anne Sutherland Fuchs director
Joseph P. Beck officer: EVP, Global Technology Sales 56 TOP GALLANT RD., STAMFORD CT 06902
Eugene A Hall director, officer: CEO ONE ADP BLVD, ROSELAND NJ 07068
Altaf Rupani officer: EVP, Chief Information Officer 56 TOP GALLANT RD, STAMFORD CT 06902
Michael Fox Diliberto officer: SVP, Chief Information Officer 56 TOP GALLANT RD, STAMFORD CT 06904
Scott Hensel officer: EVP Consulting C/O GARTNER, INC., 56 TOP GALLANT RD., STAMFORD CT 06902

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