International Business Machines (XSWX:IBM) Days Sales Outstanding: 33.07 (As of Jun. 2026) — 18% Below 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.

XSWX:IBM International Business Machines Corp XSWX:IBM
80 GF Score
Price CHF189.32
GF Value CHF194.52
! 1 Warning Sign
View Full Analysis

What is International Business Machines Days Sales Outstanding?

International Business Machines XSWX:IBM 80 Days Sales Outstanding is 33.07 as of Jun. 2026, which is 18% below its 10-year median of 40.45. GuruFocus rates XSWX:IBM with a GF Score™ of 80/100 and a GF Value™ of CHF194.52. The stock has 1 warning sign investors should review. Among 2,773 Software companies, International Business Machines ranks better than 80.24% on this metric.

International Business Machines's average Accounts Receivable for the three months ended in Jun. 2026 was CHF4,971 Mil. International Business Machines's Revenue for the three months ended in Jun. 2026 was CHF13,718 Mil. Hence, International Business Machines's Days Sales Outstanding for the three months ended in Jun. 2026 was 33.07.

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

XSWX:IBM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.97   Med: 40.45   Max: 48.39
Current: 33.97

During the past 13 years, International Business Machines's highest Days Sales Outstanding was 48.39. The lowest was 33.97. And the median was 40.45.

XSWX:IBM's Days Sales Outstanding is ranked better than
80.24% of 2773 companies
in the Software industry
Industry Median: 60.87 vs XSWX:IBM: 33.97

International Business Machines's Days Sales Outstanding declined from Jun. 2025 (33.16) to Jun. 2026 (33.07).


International Business Machines  (XSWX:IBM) Days Sales Outstanding Explanation

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


International Business Machines Days Sales Outstanding Related Terms


International Business Machines Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for International Business Machines'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.

International Business Machines Days Sales Outstanding Chart

International Business Machines 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 39.26 39.85 42.07 40.14 42.49

International Business Machines Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 33.16 32.50 31.61 42.15 33.07

XSWX:IBM vs ACN, FISV, CTSH: Days Sales Outstanding Comparison

For the Information Technology Services subindustry, International Business Machines'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.


International Business Machines Days Sales Outstanding vs Software Industry

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

* The bar in red indicates where International Business Machines's Days Sales Outstanding falls into.


XSWX:IBM
80GF Score
International Business Machines Corp XSWX:IBM
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

International Business Machines 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.

International Business Machines'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
=( (6066.446 + 6464.453) / 2 ) / 53819.438*365
=6265.4495 / 53819.438*365
=42.49

International Business Machines'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: Mar. 2026 ) + Accounts Receivable (A: Jun. 2026 )) / count ) / Revenue (A: Jun. 2026 )*Days in Period
=( (5111.939 + 4830.969) / 2 ) / 13717.587*365 / 4
=4971.454 / 13717.587*365 / 4
=33.07

* 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 33.07 mean?
International Business Machines (XSWX:IBM) has a Days Sales Outstanding of 33.07 as of Jun. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on International Business Machines and its competitors. This is 18% below median its historical median of 40.45. Over the past decade, International Business Machines' Days Sales Outstanding has ranged from 33.97 to 48.39. According to the industry distribution chart, International Business Machines ranks #548 out of 2773 companies in the Software industry, placing it in the top 19.8%.
Is International Business Machines' Days Sales Outstanding too high?
International Business Machines' current Days Sales Outstanding of 33.07 is 18% below median its 10-year median of 40.45. Over the past 10 years, this metric has ranged from a low of 33.97 to a high of 48.39. The Software industry median Days Sales Outstanding is 60.87. International Business Machines' value of 33.07 is 45.7% below this industry median. Based on the distribution chart, International Business Machines ranks #548 out of 2773 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, International Business Machines has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does International Business Machines' Days Sales Outstanding compare to ACN and FISV?
According to the Software industry distribution chart, International Business Machines ranks #548 out of 2773 companies for Days Sales Outstanding. This places International Business Machines in the top 20% of its industry — outperforming the majority of peers. The industry median Days Sales Outstanding is 60.87. International Business Machines' value of 33.07 is 45.7% below this benchmark. Historically, International Business Machines' own Days Sales Outstanding has ranged from 33.97 to 48.39 over the past decade. While the company's 10-year median is 40.45 vs. the industry median of 60.87, International Business Machines 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. International Business Machines's current Days Sales Outstanding of 33.07 is 45.7% 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 International Business Machines 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. International Business Machines's current Days Sales Outstanding is 33.07, which is 18% below median its own 10-year median of 40.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Business Machines stock overvalued right now?
International Business Machines (XSWX:IBM) has a current Days Sales Outstanding of 33.07. The stock's GF Value™ is CHF194.52, compared to a current price of CHF189.32 — trading 2.7% below its estimated fair value. The current Days Sales Outstanding is 33.07, which is 18% below median its 10-year median of 40.45 and 45.7% below the Software industry median of 60.87. International Business Machines' overall GF Score™ is 80/100 with 1 warning sign 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 International Business Machines (XSWX:IBM), the current Days Sales Outstanding is 33.07 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 International Business Machines (XSWX:IBM) Overvalued in 2026?

Based on GuruFocus' analysis, International Business Machines stock appears to be undervalued. The current stock price of CHF189.32 is trading 2.7% below its estimated GF Value™ of CHF194.52.

Key valuation signals for XSWX:IBM:

  • Days Sales Outstanding: 33.07 (18% below median its 10-year median of 40.45)
  • GF Value™: CHF194.52 vs. price of CHF189.32 (2.7% below fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 45.7% below the Software median (#548 of 2773)

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


International Business Machines Business Description

Address One New Orchard Road, Armonk, NY, USA, 10504
Incorporated in 1911, International Business Machines, or IBM, is one of the oldest technology companies in the world. It provides software, IT consulting services, and hardware to help business customers modernize their technology workflows. IBM operates in 175 countries and employs approximately 300,000 people. The company has a robust roster of business partners to service its clients, which includes 95% of all Fortune 500 companies. IBM's products, including Red Hat, watsonx, and mainframes, handle some of the world's most important data workloads in areas like finance and retail.
80GF Score

Get the complete analysis for XSWX:IBM

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

CHF189.32
Price
CHF194.52
GF Value