Automatic Data Processing's average Accounts Receivable for the
three
months ended in Dec. 2023 was $3,234 Mil. Automatic Data Processing's Revenue for the
three
months ended in Dec. 2023 was $4,443 Mil.
Hence, Automatic Data Processing's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 66.42.
The historical rank and industry rank for Automatic Data Processing's Days Sales Outstanding or its related term are showing as below:
ADP'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.18 Med: 56.94 Max: 67.08
Current: 64.89
During the past 13 years, Automatic Data Processing's highest Days Sales Outstanding was 67.08. The lowest was 51.18. And the median was 56.94.
ADP's Days Sales Outstanding is ranked worse than 57.93% of 1041
companies
in the Business Services industry
Industry Median: 58.28
vs ADP: 64.89
Automatic Data Processing's Days Sales Outstanding
increased
from Dec. 2022 (66.22) to Dec. 2023 (66.42).
Automatic Data Processing Days Sales Outstanding Historical Data
The historical data trend for Automatic Data Processing'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.
For the Staffing & Employment Services subindustry, Automatic Data Processing'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.
Automatic Data Processing Days Sales Outstanding Distribution
For the Business Services industry and Industrials sector, Automatic Data Processing's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Automatic Data Processing's Days Sales Outstanding falls into.
Automatic Data Processing 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.
Automatic Data Processing (NAS:ADP) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Automatic Data Processing Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Automatic Data Processing's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Automatic Data Processing (Automatic Data Processing) Business Description
ADP is a provider of payroll and human capital management solutions servicing the full scope of businesses from micro to global enterprises. ADP was established in 1949 and serves over 1 million clients primarily in the United States. ADP's employer services segment offers payroll, human capital management solutions, human resources outsourcing, insurance and retirement services. The smaller but faster-growing professional employer organization segment provides HR outsourcing solutions to small and midsize businesses through a co-employment model.
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