Kelly Services (Kelly Services) Days Sales Outstanding

: 94.38 (As of Dec. 2023)

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Kelly Services's average Accounts Receivable for the three months ended in Dec. 2023 was $1,274 Mil. Kelly Services's Revenue for the three months ended in Dec. 2023 was $1,232 Mil. Hence, Kelly Services's Days Sales Outstanding for the three months ended in Dec. 2023 was 94.38.

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

KELYB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 70.4 Med: 86.58 Max: 107.13
Current: 104.2

During the past 13 years, Kelly Services's highest Days Sales Outstanding was 107.13. The lowest was 70.40. And the median was 86.58.

KELYB's Days Sales Outstanding is ranked worse than
84.36% of 1042 companies
in the Business Services industry
Industry Median: 58.4 vs KELYB: 104.20

Kelly Services's Days Sales Outstanding declined from Dec. 2022 (111.36) to Dec. 2023 (94.38).

Kelly Services Days Sales Outstanding Historical Data

The historical data trend for Kelly Services'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.

Kelly Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

87.76

102.95

99.93

107.13

100.09

Kelly Services 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																111.36	105.41	107.28	114.75	94.38

Competitive Comparison

For the Staffing & Employment Services subindustry, Kelly Services'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.

Kelly Services Days Sales Outstanding Distribution

For the Business Services industry and Industrials sector, Kelly Services's Days Sales Outstanding distribution charts can be found below:

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

Kelly Services 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.

Kelly Services'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
=	( (1491.6	+	1160.6)	/	2 )	/	4835.7	*	365
=	1326.1					/	4835.7	*	365
=	100.09

Kelly Services'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
=	( (1388.2	+	1160.6)	/	2 )	/	1232.2	*	365 / 4
=	1274.4					/	1232.2	*	365 / 4
=	94.38

Kelly Services (NAS:KELYB) Days Sales Outstanding Explanation

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

Kelly Services Days Sales Outstanding Related Terms

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Kelly Services (Kelly Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Kelly Services Inc (NAS:KELYB) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

KELYA:USA

Address

999 West Big Beaver Road, Troy, MI, USA, 48084

Website

https://www.kellyservices.com

Kelly Services Inc is a provider of workforce solutions and consulting and staffing services. The company's operations are divided into five business segments namely Professional & Industrial, Science, Engineering & Technology, Education, Outsourcing & Consulting, and International. Other than OCG, each segment delivers talent through staffing services, permanent placement or outcome-based services. OCG segment delivers talent solutions including managed service provider, payroll process outsourcing, recruitment process outsourcing, and talent advisory services. International also delivers RPO talent solutions within its local markets. Majority of revenue is derived from Professional & Industrial.