Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
IPHASX:IPH -4.00%94 Days Sales Outstanding is 92.72 as of Jun. 2026, which is 5% above its 10-year median of 88.65. GuruFocus rates ASX:IPH with a GF Score™ of 94/100 and a GF Value™ of A$5.44 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,062 Business Services companies, IPH ranks worse than 77.87% on this metric.
IPH's average Accounts Receivable for the
six
months ended in Jun. 2026 was A$176.1 Mil. IPH's Revenue for the
six
months ended in Jun. 2026 was A$346.5 Mil.
Hence, IPH's Days Sales Outstanding for the
six
months ended in Jun. 2026 was 92.72.
The historical rank and industry rank for IPH's Days Sales Outstanding or its related term are showing as below:
ASX:IPH'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 77.45 Med: 88.65 Max: 94.72
Current: 90.96
During the past 12 years, IPH's highest Days Sales Outstanding was 94.72. The lowest was 77.45. And the median was 88.65.
ASX:IPH's Days Sales Outstanding is ranked worse than 77.87% of 1062
companies
in the Business Services industry
Industry Median: 57.12
vs ASX:IPH: 90.96
IPH's Days Sales Outstanding
increased
from Jun. 2025 (90.40) to Jun. 2026 (92.72).
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
IPH Days Sales Outstanding Related Terms
IPH Days Sales Outstanding Historical Data
* Premium members only.
The historical data trend for IPH'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.
ASX:IPH vs CTAS, CPRT, GPN: Days Sales Outstanding Comparison
For the Specialty Business Services subindustry, IPH'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.
IPH Days Sales Outstanding vs Business Services Industry
For the Business Services industry and Industrials sector, IPH's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where IPH's Days Sales Outstanding falls into.
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.
IPH (ASX:IPH) has a Days Sales Outstanding of 92.72 as of Jun. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on IPH and its competitors. This is near median its historical median of 88.65. Over the past decade, IPH's Days Sales Outstanding has ranged from 77.45 to 94.72. According to the industry distribution chart, IPH ranks #827 out of 1062 companies in the Business Services industry, placing it in the top 77.9%.
Is IPH's Days Sales Outstanding too high?
IPH's current Days Sales Outstanding of 92.72 is near median its 10-year median of 88.65. Over the past 10 years, this metric has ranged from a low of 77.45 to a high of 94.72. The Business Services industry median Days Sales Outstanding is 57.12. IPH's value of 92.72 is 62.3% above this industry median. Based on the distribution chart, IPH ranks #827 out of 1062 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, IPH has a GF Score™ of 94/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IPH's Days Sales Outstanding compare to CTAS and CPRT?
According to the Business Services industry distribution chart, IPH ranks #827 out of 1062 companies for Days Sales Outstanding. This places IPH in the lower half of its industry. The industry median Days Sales Outstanding is 57.12. IPH's value of 92.72 is 62.3% above this benchmark. Historically, IPH's own Days Sales Outstanding has ranged from 77.45 to 94.72 over the past decade. While the company's 10-year median is 88.65 vs. the industry median of 57.12, IPH has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a Business Services company?
The median Days Sales Outstanding among Business Services companies is 57.12, based on 1,062 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IPH's current Days Sales Outstanding of 92.72 is 62.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on IPH and its competitors. For the Business Services industry, the median Days Sales Outstanding is 57.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IPH's current Days Sales Outstanding is 92.72, which is near median its own 10-year median of 88.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPH stock overvalued right now?
Based on GuruFocus' analysis, IPH (ASX:IPH) is currently considered Significantly Undervalued. The stock's GF Value™ is A$5.44, compared to a current price of A$3.60 — trading 33.8% below its estimated fair value. The current Days Sales Outstanding is 92.72, which is near median its 10-year median of 88.65 and 62.3% above the Business Services industry median of 57.12. IPH's overall GF Score™ is 94/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For IPH (ASX:IPH), the current Days Sales Outstanding is 92.72 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 IPH (ASX:IPH) Overvalued in 2026?
Based on GuruFocus' analysis, IPH stock appears to be undervalued.
The current stock price of A$3.60 is trading 33.8% below its estimated GF Value™ of A$5.44.
GuruFocus considers IPH to be Significantly Undervalued.
Key valuation signals for ASX:IPH:
Days Sales Outstanding: 92.72 (near median its 10-year median of 88.65)
GF Value™: A$5.44 vs. price of A$3.60 (33.8% below fair value)
Industry Position: 62.3% above the Business Services median (#827 of 1062)
No single metric tells the full story. See the ASX:IPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IPH provides intellectual property services through its subsidiaries: Spruson and Ferguson, Smart & Biggar, Robic, Pizzeys, Griffith Hack, Applied Marks, and AJ Park. These services include patent filing, prosecution, enforcement, management, design, trademarks, and more. The company's diverse client base comprises multinationals, public-sector research organizations, and local businesses across industries such as healthcare, finance, engineering, and technology. Revenue streams mainly consist of professional fees (fixed) and volume-based fees (linked to the quantity of work performed). About 70% of revenue is derived from pre-existing work in the system, while 30% comes from new patent applications.
94GF Score
Get the complete analysis for ASX:IPH
Days Sales Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:IPH has been successfully added to your 
