Quality Industrial (Quality Industrial) Days Sales Outstanding : 241.51 (As of Jun. 2023)

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What is Quality Industrial Days Sales Outstanding?

Quality Industrial's average Accounts Receivable for the three months ended in Jun. 2023 was $57.17 Mil. Quality Industrial's Revenue for the three months ended in Jun. 2023 was $21.60 Mil. Hence, Quality Industrial's Days Sales Outstanding for the three months ended in Jun. 2023 was 241.51.

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

QIND' s Days Sales Outstanding Range Over the Past 10 Years
Min: 216.37 Med: 226.09 Max: 226.09
Current: 216.37

During the past 4 years, Quality Industrial's highest Days Sales Outstanding was 226.09. The lowest was 216.37. And the median was 226.09.

QIND's Days Sales Outstanding is ranked worse than
93.11% of 2959 companies
in the Industrial Products industry
Industry Median: 79.62 vs QIND: 216.37

Quality Industrial's Days Sales Outstanding increased from Jun. 2022 (0.00) to Jun. 2023 (241.51).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Quality Industrial Days Sales Outstanding Historical Data

The historical data trend for Quality Industrial'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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Quality Industrial Days Sales Outstanding Chart

Quality Industrial Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

226.09

Quality Industrial Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial										-	-	131.21	231.13	241.51

Competitive Comparison of Quality Industrial's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Quality Industrial'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.

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

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

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

Quality Industrial 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.

Quality Industrial's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (0	+	40.636)	/	1 )	/	65.604	*	365
=	40.636					/	65.604	*	365
=	226.09

Quality Industrial's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (51.349	+	62.999)	/	2 )	/	21.602	*	365 / 4
=	57.174					/	21.602	*	365 / 4
=	241.51

Quality Industrial (OTCPK:QIND) Days Sales Outstanding Explanation

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

Quality Industrial Days Sales Outstanding Related Terms

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Quality Industrial (Quality Industrial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Quality Industrial Corp (OTCPK:QIND) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

315 Montgomery Street, San Francisco, CA, USA, 94104

Website

https://www.qualityindustrialcorp.com

Quality Industrial Corp is engaged in the manufacture and assembly of industrial equipment and precision engineered technology for the Industrial, Oil & Gas, and Utility sectors.

Executives

Terje Aarbogh	10 percent owner	315 MONTGOMERY STREET, SAN FRANCISCO CA 94104
John-paul Backwell	officer: Chief Executive Officer	26 BROADWAY, SUITE 934, NEW YORK NY 10004
Louise Bennett	officer: Chief Operations Officer	26 BROADWAY, SUITE 934, NEW YORK NY 10004
Nicolas Link	director, 10 percent owner	26 BROADWAY, SUITE 934, NEW YORK NY 10004
Krishnan Krishnamoorthy	officer: Chief Financial Officer	26 BROADWAY, SUITE 934, NEW YORK NY 10004
Paul Quintal	director	315 MONTGOMERY STREET, SAN FRANCISCO CA 94104
Rasmus Refer	10 percent owner	315 MONTGOMERY STREET, SAN FRANCISCO CA 94104
Carsten Falk	officer: CEO	315 MONTGOMERY STREET, SAN FRANCISCO CA 94104