ExlService Holdings (MIL:1EXLS) Accounts Receivable: €377 Mil (As of Jun. 2026)

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MIL:1EXLS ExlService Holdings Inc MIL:1EXLS
71 GF Score
Price €29.71
GF Value €41.35
Valuation Modestly Undervalued
! 2 Warning Signs
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What is ExlService Holdings Accounts Receivable?

ExlService Holdings MIL:1EXLS 71 Accounts Receivable is €377 Mil as of Jun. 2026. GuruFocus rates MIL:1EXLS with a GF Score™ of 71/100 and a GF Value™ of €41.35 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ExlService Holdings's accounts receivables for the quarter that ended in Jun. 2026 was €377 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ExlService Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 66.64.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ExlService Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was €-1.56.


ExlService Holdings Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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 receivables are being managed.

ExlService Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=377.026/516.254*91
=66.64

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), ExlService Holdings's accounts receivable are only considered to be worth 75% of book value:

ExlService Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2026 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(246.359+0.75 * 377.026+0.5 * 0-765.268
-0-0)/151.745
=-1.56

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


ExlService Holdings Accounts Receivable Related Terms


ExlService Holdings Accounts Receivable Historical Data

* Premium members only.

The historical data trend for ExlService Holdings's Accounts Receivable 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.

ExlService Holdings Accounts Receivable Chart

ExlService Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 171.90 244.71 282.54 290.63 293.01

ExlService Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 299.52 299.42 293.01 336.11 377.03
MIL:1EXLS
71GF Score
ExlService Holdings Inc MIL:1EXLS
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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ExlService Holdings Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of €377 Mil mean?
ExlService Holdings (MIL:1EXLS) has a Accounts Receivable of €377 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on ExlService Holdings and its competitors.
Is ExlService Holdings' Accounts Receivable too high?
ExlService Holdings' current Accounts Receivable is €377 Mil. Overall, ExlService Holdings has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ExlService Holdings' Accounts Receivable compare to EPAM and CSQR?
ExlService Holdings' Accounts Receivable of €377 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Software company?
A good Accounts Receivable depends on the Software industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on ExlService Holdings and its competitors. ExlService Holdings's current Accounts Receivable is €377 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ExlService Holdings stock overvalued right now?
Based on GuruFocus' analysis, ExlService Holdings (MIL:1EXLS) is currently considered Modestly Undervalued. The stock's GF Value™ is €41.35, compared to a current price of €29.71 — trading 28.1% below its estimated fair value. The current Accounts Receivable is €377 Mil. ExlService Holdings' overall GF Score™ is 71/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For ExlService Holdings (MIL:1EXLS), the current Accounts Receivable is €377 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ExlService Holdings (MIL:1EXLS) Overvalued in 2026?

Based on GuruFocus' analysis, ExlService Holdings stock appears to be undervalued. The current stock price of €29.71 is trading 28.1% below its estimated GF Value™ of €41.35. GuruFocus considers ExlService Holdings to be Modestly Undervalued.

Key valuation signals for MIL:1EXLS:

  • Accounts Receivable: €377 Mil
  • GF Value™: €41.35 vs. price of €29.71 (28.1% below fair value)
  • GF Score™: 71/100 with 2 warning signs

No single metric tells the full story. See the MIL:1EXLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ExlService Holdings Business Description

Other Exchanges EXLS:USALHV:Germany
Address 320 Park Avenue, 29th Floor, New York, NY, USA, 10022
ExlService Holdings Inc. is a data analytics and digital operations company that provides data and AI-led solutions and technology-enabled services to clients across industries. The company has four reportable segments. The Insurance segment provides services such as claims management, underwriting support, and analytics solutions. The Healthcare and Life Sciences segment offers data-driven solutions and services to healthcare payers, providers, and life sciences organizations. The Banking, Capital Markets and Diversified Industries segment delivers solutions across financial services and other industries. The International Growth Markets segment focuses on providing data, AI, and digital operations services to clients outside North America.
71GF Score

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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€29.71
Price
€41.35
GF Value