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QinetiQ Group (QinetiQ Group) Days Sales Outstanding : 68.15 (As of Sep. 2023)


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What is QinetiQ Group Days Sales Outstanding?

QinetiQ Group's average Accounts Receivable for the six months ended in Sep. 2023 was $408 Mil. QinetiQ Group's Revenue for the six months ended in Sep. 2023 was $1,093 Mil. Hence, QinetiQ Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 68.15.

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

QNTQY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.72   Med: 50.83   Max: 84.03
Current: 67.58

During the past 13 years, QinetiQ Group's highest Days Sales Outstanding was 84.03. The lowest was 32.72. And the median was 50.83.

QNTQY's Days Sales Outstanding is ranked worse than
52.49% of 301 companies
in the Aerospace & Defense industry
Industry Median: 64.19 vs QNTQY: 67.58

QinetiQ Group's Days Sales Outstanding declined from Sep. 2022 (69.17) to Sep. 2023 (68.15).


QinetiQ Group Days Sales Outstanding Historical Data

The historical data trend for QinetiQ Group'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.

QinetiQ Group Days Sales Outstanding Chart

QinetiQ Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.28 58.22 80.18 70.59 44.18

QinetiQ Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 99.32 60.69 69.17 52.67 68.15

Competitive Comparison of QinetiQ Group's Days Sales Outstanding

For the Aerospace & Defense subindustry, QinetiQ Group'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.


QinetiQ Group's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, QinetiQ Group's Days Sales Outstanding distribution charts can be found below:

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



QinetiQ Group 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.

QinetiQ Group's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

Days Sales Outstanding (A: Mar. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )*Days in Period
=( (203.426 + 260.922) / 2 ) / 1918.325*365
=232.174 / 1918.325*365
=44.18

QinetiQ Group'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
=( (260.922 + 555.322) / 2 ) / 1092.946*365 / 2
=408.122 / 1092.946*365 / 2
=68.15

* 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.


QinetiQ Group  (OTCPK:QNTQY) Days Sales Outstanding Explanation

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


QinetiQ Group Days Sales Outstanding Related Terms

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QinetiQ Group (QinetiQ Group) Business Description

Traded in Other Exchanges
Address
Ively Road, Cody Technology Park, Farnborough, Hampshire, GBR, GU14 0LX
QinetiQ Group PLC is a company operating in the global aerospace, defense, and security sectors. The services and products offered are air (air engineering services, air traffic management, safety, and environmental management); C4ISR (communication, reconnaissance, intelligence and surveillance, space security, fast jet sensor fusion training, sensors, cyber and data science among many others); Cyber (accreditation support, security health check, data classification, insider threat management among others); Maritime ( Maritime Autonomy Centre, Naval Mission Systems, Maritime Stealth among many others).

QinetiQ Group (QinetiQ Group) Headlines

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