IRESS (ASX:IRE) Days Sales Outstanding: 40.55 (As of Jun. 2026) — 89% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ASX:IRE IRESS Ltd ASX:IRE
71 GF Score
Price A$6.33
GF Value A$6.60
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is IRESS Days Sales Outstanding?

IRESS ASX:IRE +1.44% 71 Days Sales Outstanding is 40.55 as of Jun. 2026, which is 89% above its 10-year median of 21.45. GuruFocus rates ASX:IRE with a GF Score™ of 71/100 and a GF Value™ of A$6.60 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,773 Software companies, IRESS ranks better than 71.44% on this metric.

IRESS's average Accounts Receivable for the six months ended in Jun. 2026 was A$54.9 Mil. IRESS's Revenue for the six months ended in Jun. 2026 was A$247.1 Mil. Hence, IRESS's Days Sales Outstanding for the six months ended in Jun. 2026 was 40.55.

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

ASX:IRE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.53   Med: 21.45   Max: 42.29
Current: 42.29

During the past 13 years, IRESS's highest Days Sales Outstanding was 42.29. The lowest was 15.53. And the median was 21.45.

ASX:IRE's Days Sales Outstanding is ranked better than
71.44% of 2773 companies
in the Software industry
Industry Median: 60.87 vs ASX:IRE: 42.29

IRESS's Days Sales Outstanding increased from Jun. 2025 (27.38) to Jun. 2026 (40.55).


IRESS  (ASX:IRE) Days Sales Outstanding Explanation

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


IRESS Days Sales Outstanding Related Terms


IRESS Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for IRESS'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.

IRESS Days Sales Outstanding Chart

IRESS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.68 20.19 18.34 15.53 16.29

IRESS Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Days Sales Outstanding 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 36.31 36.24 27.38 32.66 40.55

ASX:IRE vs QH, SHOP, UBER: Days Sales Outstanding Comparison

For the Software - Application subindustry, IRESS'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.


IRESS Days Sales Outstanding vs Software Industry

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

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


ASX:IRE
71GF Score
IRESS Ltd ASX:IRE
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IRESS 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.

IRESS's Days Sales Outstanding for the fiscal year that ended in Dec. 2025 is calculated as

Days Sales Outstanding (A: Dec. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count ) / Revenue (A: Dec. 2025 )*Days in Period
=( (23.049 + 26.605) / 2 ) / 556.319*365
=24.827 / 556.319*365
=16.29

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

Days Sales Outstanding (Q: Jun. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2025 ) + Accounts Receivable (A: Jun. 2026 )) / count ) / Revenue (A: Jun. 2026 )*Days in Period
=( (26.605 + 83.178) / 2 ) / 247.052*365 / 2
=54.8915 / 247.052*365 / 2
=40.55

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 40.55 mean?
IRESS (ASX:IRE) has a Days Sales Outstanding of 40.55 as of Jun. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on IRESS and its competitors. This is 89% above median its historical median of 21.45. Over the past decade, IRESS's Days Sales Outstanding has ranged from 15.53 to 42.29. According to the industry distribution chart, IRESS ranks #792 out of 2773 companies in the Software industry, placing it in the top 28.6%.
Is IRESS's Days Sales Outstanding too high?
IRESS's current Days Sales Outstanding of 40.55 is 89% above median its 10-year median of 21.45. Over the past 10 years, this metric has ranged from a low of 15.53 to a high of 42.29. The Software industry median Days Sales Outstanding is 60.87. IRESS's value of 40.55 is 33.4% below this industry median. Based on the distribution chart, IRESS ranks #792 out of 2773 companies in the Software industry, which is above the industry midpoint. Overall, IRESS has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IRESS's Days Sales Outstanding compare to QH and SHOP?
According to the Software industry distribution chart, IRESS ranks #792 out of 2773 companies for Days Sales Outstanding. This puts IRESS in the upper half of its industry. The industry median Days Sales Outstanding is 60.87. IRESS's value of 40.55 is 33.4% below this benchmark. Historically, IRESS's own Days Sales Outstanding has ranged from 15.53 to 42.29 over the past decade. While the company's 10-year median is 21.45 vs. the industry median of 60.87, IRESS has consistently been below 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 Software company?
The median Days Sales Outstanding among Software companies is 60.87, based on 2,773 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. IRESS's current Days Sales Outstanding of 40.55 is 33.4% below 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 IRESS and its competitors. For the Software industry, the median Days Sales Outstanding is 60.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IRESS's current Days Sales Outstanding is 40.55, which is 89% above median its own 10-year median of 21.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRESS stock overvalued right now?
Based on GuruFocus' analysis, IRESS (ASX:IRE) is currently considered Fairly Valued. The stock's GF Value™ is A$6.60, compared to a current price of A$6.33 — trading 4.1% below its estimated fair value. The current Days Sales Outstanding is 40.55, which is 89% above median its 10-year median of 21.45 and 33.4% below the Software industry median of 60.87. IRESS's 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 Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For IRESS (ASX:IRE), the current Days Sales Outstanding is 40.55 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 IRESS (ASX:IRE) Overvalued in 2026?

Based on GuruFocus' analysis, IRESS stock appears to be undervalued. The current stock price of A$6.33 is trading 4.1% below its estimated GF Value™ of A$6.60. GuruFocus considers IRESS to be Fairly Valued.

Key valuation signals for ASX:IRE:

  • Days Sales Outstanding: 40.55 (89% above median its 10-year median of 21.45)
  • GF Value™: A$6.60 vs. price of A$6.33 (4.1% below fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 33.4% below the Software median (#792 of 2773)

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


IRESS Business Description

Other Exchanges IRSMF:USA
Address 385 Bourke Street, Level 16, Melbourne, VIC, AUS, 3000
Iress develops software for the financial-services industry, operating in multiple regions and servicing clients ranging from small retail to large institutional businesses. Its core business unit, mainly in Australia, generates most of the company's earnings and free cash flows. Iress expanded into noncore markets through acquisitions, ultimately eroding returns and margins, with free cash flows from the core business invested in the noncore businesses. Its recent strategy includes reprioritizing growth in the core Trading and Market Data and Wealth businesses, and divesting/monetizing noncore assets. We view this renewed focus on its core business as a positive, as it will help maintain Iress' economic moat.
71GF Score

Get the complete analysis for ASX:IRE

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

A$6.33
Price
A$6.60
GF Value