IG Group Holdings (LSE:IGG) Days Sales Outstanding

: 253.05 (As of Nov. 2023)

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IG Group Holdings's average Accounts Receivable for the six months ended in Nov. 2023 was £563.5 Mil. IG Group Holdings's Revenue for the six months ended in Nov. 2023 was £406.4 Mil. Hence, IG Group Holdings's Days Sales Outstanding for the six months ended in Nov. 2023 was 253.05.

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

LSE:IGG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 178.49 Med: 212.3 Max: 280.08
Current: 223.62

During the past 13 years, IG Group Holdings's highest Days Sales Outstanding was 280.08. The lowest was 178.49. And the median was 212.30.

LSE:IGG's Days Sales Outstanding is ranked worse than
75.81% of 558 companies
in the Capital Markets industry
Industry Median: 62.34 vs LSE:IGG: 223.62

IG Group Holdings's Days Sales Outstanding increased from Nov. 2022 (167.90) to Nov. 2023 (253.05).

IG Group Holdings Days Sales Outstanding Historical Data

The historical data trend for IG Group Holdings'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.

IG Group Holdings Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Days Sales Outstanding

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255.76

179.84

180.56

178.49

199.83

IG Group Holdings Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Days Sales Outstanding	Get a 7-Day Free Trial															229.79	213.01	167.90	206.24	253.05

Competitive Comparison

For the Capital Markets subindustry, IG Group Holdings'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.

IG Group Holdings Days Sales Outstanding Distribution

For the Capital Markets industry and Financial Services sector, IG Group Holdings's Days Sales Outstanding distribution charts can be found below:

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

IG Group Holdings 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.

IG Group Holdings's Days Sales Outstanding for the fiscal year that ended in May. 2023 is calculated as

	Days Sales Outstanding (A: May. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: May. 2022 )	+	Accounts Receivable (A: May. 2023 ))	/	count )	/	Revenue (A: May. 2023 )	*	Days in Period
=	( (469.5	+	570.4)	/	2 )	/	949.7	*	365
=	519.95					/	949.7	*	365
=	199.83

IG Group Holdings's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

	Days Sales Outstanding (Q: Nov. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: May. 2023 )	+	Accounts Receivable (A: Nov. 2023 ))	/	count )	/	Revenue (A: Nov. 2023 )	*	Days in Period
=	( (570.4	+	556.6)	/	2 )	/	406.4	*	365 / 2
=	563.5					/	406.4	*	365 / 2
=	253.05

IG Group Holdings (LSE:IGG) Days Sales Outstanding Explanation

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

IG Group Holdings Days Sales Outstanding Related Terms

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IG Group Holdings (LSE:IGG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » IG Group Holdings PLC (LSE:IGG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

IGGRF:USA IGGHY:USA IGGl:UK I5G:Germany

Address

Cannon Bridge House, 25 Dowgate Hill, London, GBR, EC4R 2YA

Website

https://www.iggroup.com

IG Group Holdings PLC provides online trading services to its clients. The majority of the company's revenue stems from its derivative products and contracts for difference (CFDs). The company operates through various segments which are The U.K. segment which derives its revenue from financial spread bets, CFDs, binary options, and execution-only stockbroking. The Australian segment derives its revenue from CFDs and binary options. The European segment derives its revenue from CFDs, binary options, and execution-only stockbroking. The Rest of the World segment derives its revenue from the operation of a regulated futures and options exchange as well as CFDs and binary options. The company generates more than half of its revenue from the U.K., followed by Europe and Australia.

IG Group Holdings (LSE:IGG) Headlines

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