Quest Resource Holding (Quest Resource Holding) Days Sales Outstanding : 71.11 (As of Dec. 2023)

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What is Quest Resource Holding Days Sales Outstanding?

Quest Resource Holding's average Accounts Receivable for the three months ended in Dec. 2023 was $54.0 Mil. Quest Resource Holding's Revenue for the three months ended in Dec. 2023 was $69.3 Mil. Hence, Quest Resource Holding's Days Sales Outstanding for the three months ended in Dec. 2023 was 71.11.

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

QRHC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.81 Med: 61.91 Max: 67.64
Current: 61.52

During the past 13 years, Quest Resource Holding's highest Days Sales Outstanding was 67.64. The lowest was 52.81. And the median was 61.91.

QRHC's Days Sales Outstanding is ranked better than
57.76% of 232 companies
in the Waste Management industry
Industry Median: 72.87 vs QRHC: 61.52

Quest Resource Holding's Days Sales Outstanding declined from Dec. 2022 (71.79) to Dec. 2023 (71.11).

Quest Resource Holding Days Sales Outstanding Historical Data

The historical data trend for Quest Resource Holding'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.

* Premium members only.

Quest Resource Holding Days Sales Outstanding Chart

Quest Resource Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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56.44

57.94

67.24

55.15

65.84

Quest Resource Holding 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															71.79	55.08	54.54	61.81	71.11

Competitive Comparison of Quest Resource Holding's Days Sales Outstanding

For the Waste Management subindustry, Quest Resource Holding'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.

Quest Resource Holding's Days Sales Outstanding Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Quest Resource Holding's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Quest Resource Holding's Days Sales Outstanding falls into.

Quest Resource Holding 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.

Quest Resource Holding'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
=	( (45.891	+	58.147)	/	2 )	/	288.378	*	365
=	52.019					/	288.378	*	365
=	65.84

Quest Resource Holding'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
=	( (49.932	+	58.147)	/	2 )	/	69.341	*	365 / 4
=	54.0395					/	69.341	*	365 / 4
=	71.11

Quest Resource Holding (NAS:QRHC) Days Sales Outstanding Explanation

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

Quest Resource Holding Days Sales Outstanding Related Terms

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Quest Resource Holding (Quest Resource Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Quest Resource Holding Corp (NAS:QRHC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

5ZK:Germany

Address

3481 Plano Parkway, Suite 100, The Colony, TX, USA, 75056

Website

https://investors.qrhc.com

Quest Resource Holding Corp is a national provider of waste and recycling services to customers from across multiple industry sectors that are typically larger, multi-location businesses. The company creates customer-specific programs and perform the related services for the collection, processing, recycling, disposal, and tracking of waste streams and recyclables. The company's services focus on the waste streams and recyclables from big box, grocers, and other specialty retailers; automotive after-market operations such as automotive maintenance, quick lube, dealerships, and collision repair; transportation, logistics, and fleet operators; manufacturing and industrial facilities; multi-family and commercial properties; restaurant chains and food operations.

Executives

Audrey Dunning	director	242 MEADOWBROOK DRIVE, CRANBERRY TOWNSHIP PA 16066
David P Sweitzer	officer: EVP and COO	3481 PLANO PARKWAY, THE COLONY TX 75056
Brett Wade Johnston	officer: Sr. VP of Finance and CFO	C/O QUEST RESOURCE HOLDING CORPORATION, 3481 PLANO PARKWAY, THE COLONY TX 75056
S. Ray Hatch	director, officer: President and CEO	3481 PLANO PARKWAY, THE COLONY TX 75056
Wynnefield Partners Small Cap Value Lp I	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Miller Ronald L. Jr.	director	C/O INFINITY RESOURCES HOLDINGS CORP., 1375 NORTH SCOTTSDALE ROAD, SUITE 140, SCOTTSDALE AZ 85257
Alan D. Allred	officer: See Remarks	C/O QUEST RESOURCE HOLDING CORPORATION, 3481 PLANO PARKWAY, THE COLONY TX 75056
Laurie L Latham	officer: Senior VP and CFO	C/O VIEWCAST COM, 2665 VILLA CREEK DRIVE, DALLAS TX 75234
Daniel M. Friedberg	director, 10 percent owner	C/O SAGARD CAPITAL, 325 GREENWICH AVENUE, GREENWICH CT 06830
Barry M Kitt	10 percent owner
Glenn Culpepper	director	6363 S FIDDLER'S GREEN CIRCLE, GREENWOOD VILLAGE CO 80111
Stephen Coskery	officer: See Remarks	C/O QUEST RESOURCE HOLDING CORPORATION, 3481 PLANO PARKWAY, THE COLONY TX 75056
Joshua Landes	10 percent owner
Wynnefield Partners Small Cap Value Lp	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Nelson Obus	10 percent owner