ExlService Holdings (EXLS) Change in Receivables (2010 - 2026)
ExlService Holdings (EXLS) recorded Change in Receivables of $46.24 million in Q2 2026, compared with $3.08 million a year earlier and down 1.7% from the prior quarter.
Powered by 
Analysis
ExlService Holdings (EXLS) Change in Receivables (2010 - 2026) Analysis & Trends
On a TTM basis, ExlService Holdings' Change in Receivables came in at $90.98 million as of Jun 30, 2026, up 566.1% year-over-year; for FY2025, it came in at $35.99 million.
- Across earlier years, Change in Receivables came in at -$4.65 million in FY2024, $49.24 million in FY2023 (-27.7%), $68.12 million in FY2022 (+80.8%) and $37.68 million in FY2021.
- Quarterly Change in Receivables has ranged from -$33.55 million in Q4 2024 to $47.06 million in Q1 2026 over the past five years.
- On a year-over-year basis, Change in Receivables rose in two of the last four quarters, with an average decline of 2.5%.
- Peak year-over-year performance for Change in Receivables in the last five years was growth of 286.4% in Q1 2022, against a decline of 96.7% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $47.06 million (Q1 2026), -$9.41 million (Q4 2025) and $7.08 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 43.52 Bn | 43.57 Bn | 1.60 Bn | - |
| 2 | Cognizant Technology Solutions | 25.96 Bn | 19.13 Bn | 1.83 Bn | 131.00 Mn |
| 3 | Td Synnex | 20.53 Bn | 14.56 Bn | 1.34 Bn | 1.15 Bn |
| 4 | Cdw | 16.06 Bn | 14.05 Bn | 1.32 Bn | 883.90 Mn |
| 5 | Cgi | 15.14 Bn | 12.92 Bn | - | - |
| 6 | Arrow Electronics | 11.55 Bn | 10.58 Bn | 1.13 Bn | 2.06 Bn |
| 7 | Avnet | 8.20 Bn | 7.38 Bn | 865.03 Mn | 1.40 Bn |
| 8 | Ingram Micro Holding | 6.32 Bn | 1.92 Bn | 958.68 Mn | -162.00 Mn |
| 9 | EPAM Systems | 5.59 Bn | 1.23 Bn | 429.57 Mn | - |
| 10 | ExlService Holdings | 5.22 Bn | 3.96 Bn | 225.96 Mn | 46.24 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.24 Mn |
| Mar 31, 2026 | 47.06 Mn |
| Dec 31, 2025 | -9.41 Mn |
| Sep 30, 2025 | 7.08 Mn |
| Jun 30, 2025 | 3.08 Mn |
| Mar 31, 2025 | 35.23 Mn |
| Dec 31, 2024 | -33.55 Mn |
| Sep 30, 2024 | 8.89 Mn |
| Jun 30, 2024 | -7.57 Mn |
| Mar 31, 2024 | 27.58 Mn |
| Dec 31, 2023 | 2.75 Mn |
| Sep 30, 2023 | 18.11 Mn |
| Jun 30, 2023 | -2.52 Mn |
| Mar 31, 2023 | 30.90 Mn |
| Dec 31, 2022 | 55,000.00 |
| Sep 30, 2022 | 21.68 Mn |
| Jun 30, 2022 | 726,000.00 |
| Mar 31, 2022 | 45.66 Mn |
| Dec 31, 2021 | -7.19 Mn |
| Sep 30, 2021 | 10.72 Mn |
API Access
ExlService Holdings Change in Receivables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-receivables&ticker=EXLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-receivables", "ticker": "EXLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-receivables&ticker=EXLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();