IDEX (MEX:IEX) Days Sales Outstanding : 48.84 (As of Sep. 2024)

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What is IDEX Days Sales Outstanding?

IDEX's average Accounts Receivable for the three months ended in Sep. 2024 was MXN8,412 Mil. IDEX's Revenue for the three months ended in Sep. 2024 was MXN15,717 Mil. Hence, IDEX's Days Sales Outstanding for the three months ended in Sep. 2024 was 48.84.

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

MEX:IEX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.46 Med: 45.3 Max: 49.4
Current: 49.4

During the past 13 years, IDEX's highest Days Sales Outstanding was 49.40. The lowest was 42.46. And the median was 45.30.

MEX:IEX's Days Sales Outstanding is ranked better than
83.16% of 2951 companies
in the Industrial Products industry
Industry Median: 80.11 vs MEX:IEX: 49.40

IDEX's Days Sales Outstanding declined from Sep. 2023 (50.53) to Sep. 2024 (48.84).

IDEX Days Sales Outstanding Historical Data

The historical data trend for IDEX'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.

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IDEX Days Sales Outstanding Chart

IDEX Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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45.70

44.31

41.88

46.16

50.97

IDEX Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															50.53	49.79	48.88	45.49	48.84

Competitive Comparison of IDEX's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, IDEX'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.

IDEX's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, IDEX's Days Sales Outstanding distribution charts can be found below:

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

IDEX 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.

IDEX'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
=	( (8408.625	+	7112.21)	/	2 )	/	55571.99	*	365
=	7760.4175					/	55571.99	*	365
=	50.97

IDEX's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (7622.995	+	9201.277)	/	2 )	/	15716.797	*	365 / 4
=	8412.136					/	15716.797	*	365 / 4
=	48.84

IDEX (MEX:IEX) Days Sales Outstanding Explanation

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

IDEX Days Sales Outstanding Related Terms

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IDEX Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IDEX Corp (MEX:IEX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

IEX:USA ID7:Germany ID7:Germany

Address

3100 Sanders Road, Suite 301, Northbrook, IL, USA, 60062

Website

https://www.idexcorp.com

Idex manufactures pumps, flow meters, valves, and fluidic systems for customers in a variety of end markets, including industrial, fire and safety, life science, and water. The firm's business is organized into three segments: fluid and metering technologies, health and science technologies, and fire and safety and diversified products. Based in Lake Forest, Illinois, Idex has manufacturing operations in over 20 countries and has over 7,000 employees. The company generated $3.3 billion in revenue in 2023.