QDM International (QDM International) Days Sales Outstanding : 9.35 (As of Dec. 2023)

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What is QDM International Days Sales Outstanding?

QDM International's average Accounts Receivable for the three months ended in Dec. 2023 was $0.10 Mil. QDM International's Revenue for the three months ended in Dec. 2023 was $1.01 Mil. Hence, QDM International's Days Sales Outstanding for the three months ended in Dec. 2023 was 9.35.

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

QDMI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.3 Med: 5.35 Max: 47.36
Current: 10.59

During the past 13 years, QDM International's highest Days Sales Outstanding was 47.36. The lowest was 2.30. And the median was 5.35.

QDMI's Days Sales Outstanding is ranked better than
86.44% of 59 companies
in the Insurance industry
Industry Median: 61.99 vs QDMI: 10.59

QDM International's Days Sales Outstanding declined from Dec. 2022 (28.52) to Dec. 2023 (9.35).

QDM International Days Sales Outstanding Historical Data

The historical data trend for QDM International'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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QDM International Days Sales Outstanding Chart

QDM International Annual Data

Trend

Dec12

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Mar21

Mar22

Mar23

Days Sales Outstanding

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5.93

10.58

47.36

QDM International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															28.52	12.81	10.15	22.26	9.35

Competitive Comparison of QDM International's Days Sales Outstanding

For the Insurance Brokers subindustry, QDM International'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.

QDM International's Days Sales Outstanding Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, QDM International's Days Sales Outstanding distribution charts can be found below:

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

QDM International 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.

QDM International's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (0.002	+	0.292)	/	2 )	/	1.133	*	365
=	0.147					/	1.133	*	365
=	47.36

QDM International's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.132	+	0.075)	/	2 )	/	1.01	*	365 / 4
=	0.1035					/	1.01	*	365 / 4
=	9.35

QDM International (OTCPK:QDMI) Days Sales Outstanding Explanation

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

QDM International Days Sales Outstanding Related Terms

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QDM International (QDM International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » QDM International Inc (OTCPK:QDMI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Canton Road, Room 1030B, 10/F, Ocean Centre, Harbour City, Tsim Sha Tsui, Hong Kong, HKG, 200051

Website

https://www.247kiddoc.com

QDM International Inc is an insurance brokerage company operating in Hong Kong. The company sells a wide range of insurance products, consisting of two main categories: life and medical insurance, such as individual life insurance; and general insurance, such as automobile insurance, commercial property insurance, liability insurance, and homeowner insurance. In addition, as a Mandatory Provident Fund Intermediary, it also provides customers with assistance on account opening and related services under the MPF and the Occupational Retirement Schemes Ordinance schemes, both of which are mandatory retirement protection schemes set up for employees who are Hong Kong residents.

Executives

Timothy John Miles	director	PO BOX 30, DUNDEE MI 48131
Huihe Zheng	director, 10 percent owner, officer: Chairman, CEO, and President	T2-702 SOHO TIANSHAN SQUARE,, 1717 TIANSHAN ROAD, CHANGNING DISTRICT, SHANGHAI F4 200051
Huili Shen	director, officer: Secretary	ROOM 707 SOHO T2 TIANSHAN PLAZA, SHANGHAI F4 200051
Robert Brooks	10 percent owner	9 PROSPECT AVENUE, PORT WASHINGTON NY 11050
Kenneth J Scott	director	2156 HURON TRAIL, MAITLAND FL 32751
Brian C Rosenbloom	director, 10 percent owner
Timothy B Shannon	director, officer: CEO/CFO	4279 BURNWOOD TRAIL, DENVER CO 28037

QDM International (QDM International) Headlines

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