Infinite Group (Infinite Group) Days Sales Outstanding

: 15.12 (As of Jun. 2023)

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Infinite Group's average Accounts Receivable for the three months ended in Jun. 2023 was $0.30 Mil. Infinite Group's Revenue for the three months ended in Jun. 2023 was $1.78 Mil. Hence, Infinite Group's Days Sales Outstanding for the three months ended in Jun. 2023 was 15.12.

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

IMCI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.26 Med: 21.28 Max: 42.47
Current: 22.68

During the past 13 years, Infinite Group's highest Days Sales Outstanding was 42.47. The lowest was 9.26. And the median was 21.28.

IMCI's Days Sales Outstanding is ranked better than
90.2% of 2725 companies
in the Software industry
Industry Median: 62.18 vs IMCI: 22.68

Infinite Group's Days Sales Outstanding declined from Jun. 2022 (35.40) to Jun. 2023 (15.12).

Infinite Group Days Sales Outstanding Historical Data

The historical data trend for Infinite Group'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.

Infinite Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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21.92

18.47

35.04

42.47

29.53

Infinite Group Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial															35.40	32.94	23.48	20.28	15.12

Competitive Comparison

For the Information Technology Services subindustry, Infinite Group'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.

Infinite Group Days Sales Outstanding Distribution

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

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

Infinite Group 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.

Infinite Group's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (0.727	+	0.406)	/	2 )	/	7.003	*	365
=	0.5665					/	7.003	*	365
=	29.53

Infinite Group's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0.378	+	0.213)	/	2 )	/	1.783	*	365 / 4
=	0.2955					/	1.783	*	365 / 4
=	15.12

Infinite Group (OTCPK:IMCI) Days Sales Outstanding Explanation

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

Infinite Group Days Sales Outstanding Related Terms

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Infinite Group (Infinite Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Infinite Group Inc (OTCPK:IMCI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

175 Sully’s Trail, Suite 202, Pittsford, NY, USA, 14534

Website

https://www.igicybersecurity.com

Infinite Group Inc provides managed information technology and virtualization services. It also develops and renders cybersecurity tools and solutions to private businesses and government agencies in the United States. It offers products such as Nodeware which assesses vulnerabilities in a computer network using scanning technology. The company also provides cloud computing solutions, including public and private cloud architecture, hybrid cloud hosting, server virtualization, and desktop virtualization solutions.

Executives

James Villa	10 percent owner	308 ROCK BEACH ROAD, ROCHESTER NY 14617
Andrew T. Hoyen	officer: EVP- Chief Admin Officer	80 OFFICE PARK WAY, PITTSFORD NY 14534
Richard W Glickman	officer: Chief Accounting Officer	175 SULLY'S TRAIL, PITTSFORD NY 14534
Donald Reeve	director	C/O INFINITE GROUP, INC., 60 OFFICE PARK WAY, PITTSFORD NY 14534
James Witzel	officer: Chief Financial Officer	C/O INFINITE GROUP INC, 60 OFFICE PARK WAY, PITTSFORD NY 14534
James D Frost	officer: CHIEF TECHNOLOGY OFFICER	C/O INFINITE GROUP, INC, 595 BLOSSOM ROAD SUITE 309, ROCHESTER NY 14610
William S Hogan	officer: VP of Operations	C/O INFINITE GROUP, INC., 60 OFFICE PARK WAY, PITTSFORD NY 14534
David Slavny	officer: Director Business Development	C/O INFINITE GROUP, INC, 60 OFFICE PARK WAY, PITTSFORD NY 14534
Northwest Hampton Holdings Llc	10 percent owner	308 ROCK BEACH ROAD, ROCHESTER NY 14617
Michael S Smith	director, officer: PRESIDENT, CEO and CFO	C/O INFINITE GROUP, INC, 595 BLOSSOM ROAD SUITE 309, ROCHESTER NY 14610
Allan M Robbins	director	C/O INFINITE GROUP, INC, 595 BLOSSOM ROAD SUITE 309, ROCHESTER NY 14610
Paul J Delmore	director, 10 percent owner	C/O INFINITE GROUP, INC, 595 BLOSSOM ROAD SUITE 309, ROCHESTER NY 14610
Upstate Holding Group, Llc	10 percent owner	C/O INFINITE GROUP, INC, 595 BLOSSOM ROAD SUITE 309, ROCHESTER NY 14610