Icon (ICLR) Days Sales Outstanding

: 80.39 (As of Dec. 2023)

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Icon's average Accounts Receivable for the three months ended in Dec. 2023 was $1,820 Mil. Icon's Revenue for the three months ended in Dec. 2023 was $2,066 Mil. Hence, Icon's Days Sales Outstanding for the three months ended in Dec. 2023 was 80.39.

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

ICLR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.84 Med: 80.12 Max: 90.4
Current: 80.32

During the past 13 years, Icon's highest Days Sales Outstanding was 90.40. The lowest was 55.84. And the median was 80.12.

ICLR's Days Sales Outstanding is ranked worse than
61.33% of 225 companies
in the Medical Diagnostics & Research industry
Industry Median: 69.24 vs ICLR: 80.32

Icon's Days Sales Outstanding increased from Dec. 2022 (73.63) to Dec. 2023 (80.39).

Icon Days Sales Outstanding Historical Data

The historical data trend for Icon'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.

Icon Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

61.30

81.09

68.53

72.47

79.15

Icon 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																73.63	81.49	80.44	80.13	80.39

Competitive Comparison

For the Diagnostics & Research subindustry, Icon'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.

Icon Days Sales Outstanding Distribution

For the Medical Diagnostics & Research industry and Healthcare sector, Icon's Days Sales Outstanding distribution charts can be found below:

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

Icon 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.

Icon'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
=	( (1731.388	+	1790.322)	/	2 )	/	8120.176	*	365
=	1760.855					/	8120.176	*	365
=	79.15

Icon'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
=	( (1850.362	+	1790.322)	/	2 )	/	2066.248	*	365 / 4
=	1820.342					/	2066.248	*	365 / 4
=	80.39

Icon (NAS:ICLR) Days Sales Outstanding Explanation

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

Icon Days Sales Outstanding Related Terms

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Icon (ICLR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Icon PLC (NAS:ICLR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ICLR:Mexico IJF:Germany

Address

South County Business Park, Leopardstown, Dublin, IRL, D18 X5R3

Website

https://www.iconplc.com

Icon is a global late-stage contract research organization that provides drug development and clinical trial services to pharmaceutical, biotechnology, and medical device firms. While the vast majority of its revenue comes from clinical research, Icon also offers ancillary services such as laboratory and imaging capabilities. The company is headquartered in Ireland.