EpicQuest Education Group International (EpicQuest Education Group International) Days Sales Outstanding : 14.65 (As of Sep. 2023)

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What is EpicQuest Education Group International Days Sales Outstanding?

EpicQuest Education Group International's average Accounts Receivable for the six months ended in Sep. 2023 was $0.18 Mil. EpicQuest Education Group International's Revenue for the six months ended in Sep. 2023 was $2.29 Mil. Hence, EpicQuest Education Group International's Days Sales Outstanding for the six months ended in Sep. 2023 was 14.65.

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

EEIQ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.36 Med: 7.05 Max: 11.76
Current: 11.76

During the past 6 years, EpicQuest Education Group International's highest Days Sales Outstanding was 11.76. The lowest was 2.36. And the median was 7.05.

EEIQ's Days Sales Outstanding is ranked better than
70.97% of 248 companies
in the Education industry
Industry Median: 29.4 vs EEIQ: 11.76

EpicQuest Education Group International's Days Sales Outstanding increased from Sep. 2022 (1.28) to Sep. 2023 (14.65).

EpicQuest Education Group International Days Sales Outstanding Historical Data

The historical data trend for EpicQuest Education Group 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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EpicQuest Education Group International Days Sales Outstanding Chart

EpicQuest Education Group International Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

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6.29

7.81

10.39

8.94

2.36

EpicQuest Education Group International Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial						11.65	3.85	1.28	17.66	14.65

Competitive Comparison of EpicQuest Education Group International's Days Sales Outstanding

For the Education & Training Services subindustry, EpicQuest Education Group 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.

EpicQuest Education Group International's Days Sales Outstanding Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, EpicQuest Education Group International's Days Sales Outstanding distribution charts can be found below:

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

EpicQuest Education Group 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.

EpicQuest Education Group International's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0	+	0.037)	/	1 )	/	5.712	*	365
=	0.037					/	5.712	*	365
=	2.36

EpicQuest Education Group International's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0.331	+	0.037)	/	2 )	/	2.292	*	365 / 2
=	0.184					/	2.292	*	365 / 2
=	14.65

EpicQuest Education Group International (NAS:EEIQ) Days Sales Outstanding Explanation

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

EpicQuest Education Group International Days Sales Outstanding Related Terms

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EpicQuest Education Group International (EpicQuest Education Group International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » EpicQuest Education Group International Ltd (NAS:EEIQ) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1209 North University Boulevard, Middletown, OH, USA, 45042

Website

https://www.epicquesteducation.com

EpicQuest Education Group International Ltd provides comprehensive education solutions for domestic and international students interested in university and college degree programs in the U.S., Canada, and the UK. In addition, the company has a recruiting relationship with the regional campuses of Miami University of Ohio, where it maintains residential facilities, a full-service cafeteria, recreational facilities, shuttle buses, and an office for the regional campuses that provides study abroad and post-study services for its students; these facilities are not owned, maintained, operated or are a part of Miami University.