QANTM Intellectual Property (ASX:QIP) Days Sales Outstanding : 100.52 (As of Dec. 2023)

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What is QANTM Intellectual Property Days Sales Outstanding?

QANTM Intellectual Property's average Accounts Receivable for the six months ended in Dec. 2023 was A$40.9 Mil. QANTM Intellectual Property's Revenue for the six months ended in Dec. 2023 was A$74.2 Mil. Hence, QANTM Intellectual Property's Days Sales Outstanding for the six months ended in Dec. 2023 was 100.52.

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

ASX:QIP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 102.5 Med: 109.02 Max: 110.23
Current: 104.7

During the past 7 years, QANTM Intellectual Property's highest Days Sales Outstanding was 110.23. The lowest was 102.50. And the median was 109.02.

ASX:QIP's Days Sales Outstanding is ranked worse than
84.75% of 1036 companies
in the Business Services industry
Industry Median: 58.305 vs ASX:QIP: 104.70

QANTM Intellectual Property's Days Sales Outstanding declined from Dec. 2022 (106.14) to Dec. 2023 (100.52).

QANTM Intellectual Property Days Sales Outstanding Historical Data

The historical data trend for QANTM Intellectual Property'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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QANTM Intellectual Property Days Sales Outstanding Chart

QANTM Intellectual Property Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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103.82

102.50

108.63

109.59

109.04

QANTM Intellectual Property Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial										106.48	105.33	106.14	111.94	100.52

Competitive Comparison of QANTM Intellectual Property's Days Sales Outstanding

For the Consulting Services subindustry, QANTM Intellectual Property'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.

QANTM Intellectual Property's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, QANTM Intellectual Property's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where QANTM Intellectual Property's Days Sales Outstanding falls into.

QANTM Intellectual Property 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.

QANTM Intellectual Property's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (38.916	+	42.913)	/	2 )	/	136.954	*	365
=	40.9145					/	136.954	*	365
=	109.04

QANTM Intellectual Property'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (42.913	+	38.842)	/	2 )	/	74.219	*	365 / 2
=	40.8775					/	74.219	*	365 / 2
=	100.52

QANTM Intellectual Property (ASX:QIP) Days Sales Outstanding Explanation

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

QANTM Intellectual Property Days Sales Outstanding Related Terms

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QANTM Intellectual Property (ASX:QIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » QANTM Intellectual Property Ltd (ASX:QIP) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Nicholson Street, Level 15, Melbourne, VIC, AUS, 3002

Website

https://www.qantmip.com

QANTM Intellectual Property Ltd is the holding company of intellectual property companies. The company through intellectual property companies provides IP services to a range of Australian and international clients ranging from start-up technology businesses to Fortune 500 multinationals, public research institutions, and universities. The company has identified its operating segments based on geographical locations being Australia and Asia. A substantial portion of its overall revenue is generated from the Australia segment.

QANTM Intellectual Property (ASX:QIP) Headlines

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