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Quizam Media (XCNQ:QQ) Days Sales Outstanding : 1.57 (As of Feb. 2024)


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What is Quizam Media Days Sales Outstanding?

Quizam Media's average Accounts Receivable for the three months ended in Feb. 2024 was C$0.03 Mil. Quizam Media's Revenue for the three months ended in Feb. 2024 was C$1.69 Mil. Hence, Quizam Media's Days Sales Outstanding for the three months ended in Feb. 2024 was 1.57.

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

XCNQ:QQ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.17   Med: 10.38   Max: 16.35
Current: 2.25

During the past 13 years, Quizam Media's highest Days Sales Outstanding was 16.35. The lowest was 2.17. And the median was 10.38.

XCNQ:QQ's Days Sales Outstanding is ranked better than
98.25% of 571 companies
in the Interactive Media industry
Industry Median: 44.79 vs XCNQ:QQ: 2.25

Quizam Media's Days Sales Outstanding declined from Feb. 2023 (3.78) to Feb. 2024 (1.57).


Quizam Media Days Sales Outstanding Historical Data

The historical data trend for Quizam Media'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.

Quizam Media Days Sales Outstanding Chart

Quizam Media Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.36 10.47 4.40 3.08 2.17

Quizam Media Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 3.78 3.02 1.93 1.18 1.57

Competitive Comparison of Quizam Media's Days Sales Outstanding

For the Internet Content & Information subindustry, Quizam Media'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.


Quizam Media's Days Sales Outstanding Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Quizam Media's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Quizam Media's Days Sales Outstanding falls into.



Quizam Media 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.

Quizam Media's Days Sales Outstanding for the fiscal year that ended in May. 2023 is calculated as

Days Sales Outstanding (A: May. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: May. 2022 ) + Accounts Receivable (A: May. 2023 )) / count ) / Revenue (A: May. 2023 )*Days in Period
=( (0.048 + 0.04) / 2 ) / 7.41*365
=0.044 / 7.41*365
=2.17

Quizam Media's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding (Q: Feb. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Nov. 2023 ) + Accounts Receivable (A: Feb. 2024 )) / count ) / Revenue (A: Feb. 2024 )*Days in Period
=( (0.008 + 0.05) / 2 ) / 1.69*365 / 4
=0.029 / 1.69*365 / 4
=1.57

* 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.


Quizam Media  (XCNQ:QQ) Days Sales Outstanding Explanation

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


Quizam Media Days Sales Outstanding Related Terms

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Quizam Media (XCNQ:QQ) Business Description

Traded in Other Exchanges
N/A
Address
609 Granville Street, Po Box 10381, Suite 650, Vancouver, BC, CAN, V7Y 1G6
Quizam Media Corp is a company whose principal business activities consist of providing computer training and consulting services, marketing of a computer-based educational program, film production and cannabis retail sales. It produces and acquires content for both entertainment and corporate education. The company does its sales via geographical segments that include Canada, USA and Europe. The majority of its revenue is derived from Canada.

Quizam Media (XCNQ:QQ) Headlines

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