GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Restaurant Brands International LP (TSX:QSP.UN) » Definitions » Days Sales Outstanding

Restaurant Brands International LP (TSX:QSP.UN) Days Sales Outstanding : 36.27 (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Restaurant Brands International LP Days Sales Outstanding?

Restaurant Brands International LP's average Accounts Receivable for the three months ended in Dec. 2023 was C$971 Mil. Restaurant Brands International LP's Revenue for the three months ended in Dec. 2023 was C$2,442 Mil. Hence, Restaurant Brands International LP's Days Sales Outstanding for the three months ended in Dec. 2023 was 36.27.

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

TSX:QSP.UN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.23   Med: 35.42   Max: 130.31
Current: 34.43

During the past 11 years, Restaurant Brands International LP's highest Days Sales Outstanding was 130.31. The lowest was 31.23. And the median was 35.42.

TSX:QSP.UN's Days Sales Outstanding is ranked worse than
89.97% of 339 companies
in the Restaurants industry
Industry Median: 11.62 vs TSX:QSP.UN: 34.43

Restaurant Brands International LP's Days Sales Outstanding increased from Dec. 2022 (32.45) to Dec. 2023 (36.27).


Restaurant Brands International LP Days Sales Outstanding Historical Data

The historical data trend for Restaurant Brands International LP'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.

Restaurant Brands International LP Days Sales Outstanding Chart

Restaurant Brands International LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.19 39.59 34.45 31.69 35.63

Restaurant Brands International LP 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 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 32.45 35.05 32.63 32.77 36.27

Competitive Comparison of Restaurant Brands International LP's Days Sales Outstanding

For the Restaurants subindustry, Restaurant Brands International LP'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.


Restaurant Brands International LP's Days Sales Outstanding Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Restaurant Brands International LP's Days Sales Outstanding distribution charts can be found below:

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



Restaurant Brands International LP 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.

Restaurant Brands International LP'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
=( (834.119 + 1004.858) / 2 ) / 9420.715*365
=919.4885 / 9420.715*365
=35.63

Restaurant Brands International LP'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
=( (936.345 + 1004.858) / 2 ) / 2441.712*365 / 4
=970.6015 / 2441.712*365 / 4
=36.27

* 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.


Restaurant Brands International LP  (TSX:QSP.UN) Days Sales Outstanding Explanation

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


Restaurant Brands International LP Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Restaurant Brands International LP's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Restaurant Brands International LP (TSX:QSP.UN) Business Description

Traded in Other Exchanges
Address
130 King Street West, Suite 300, P.O. Box 339, Toronto, ON, CAN, M5X 1E1
Restaurant Brands International LP is a Canada-based firm. It owns, operates and franchises quick-service restaurants and possesses market recognition. It operates in three segments namely; Tim Hortons; Burger King; and Popeyes Louisiana Kitchen. Its business generates revenue from franchise revenues; property revenues from properties it leases or subleases to franchisees; and sales at restaurants owned by the company. In addition, the Tim Hortons business generates a vast majority of the revenue from sales to franchisees related to its supply chain operations, including manufacturing, procurement, warehousing, and distribution, as well as sales to retailers.

Restaurant Brands International LP (TSX:QSP.UN) Headlines

No Headlines