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QuickLogic (QuickLogic) Days Sales Outstanding : 12.85 (As of Dec. 2023)


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What is QuickLogic Days Sales Outstanding?

QuickLogic's average Accounts Receivable for the three months ended in Dec. 2023 was $1.05 Mil. QuickLogic's Revenue for the three months ended in Dec. 2023 was $7.48 Mil. Hence, QuickLogic's Days Sales Outstanding for the three months ended in Dec. 2023 was 12.85.

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

QUIK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.5   Med: 38.83   Max: 77.76
Current: 26.94

During the past 13 years, QuickLogic's highest Days Sales Outstanding was 77.76. The lowest was 26.50. And the median was 38.83.

QUIK's Days Sales Outstanding is ranked better than
92.23% of 978 companies
in the Semiconductors industry
Industry Median: 62.445 vs QUIK: 26.94

QuickLogic's Days Sales Outstanding declined from Dec. 2022 (57.37) to Dec. 2023 (12.85).


QuickLogic Days Sales Outstanding Historical Data

The historical data trend for QuickLogic'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.

QuickLogic Days Sales Outstanding Chart

QuickLogic 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 74.35 77.76 38.66 41.60 37.14

QuickLogic 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 57.37 52.76 47.28 9.71 12.85

Competitive Comparison of QuickLogic's Days Sales Outstanding

For the Semiconductors subindustry, QuickLogic'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.


QuickLogic's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, QuickLogic's Days Sales Outstanding distribution charts can be found below:

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



QuickLogic 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.

QuickLogic'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
=( (2.689 + 1.625) / 2 ) / 21.198*365
=2.157 / 21.198*365
=37.14

QuickLogic'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
=( (0.481 + 1.625) / 2 ) / 7.479*365 / 4
=1.053 / 7.479*365 / 4
=12.85

* 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.


QuickLogic  (NAS:QUIK) Days Sales Outstanding Explanation

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


QuickLogic Days Sales Outstanding Related Terms

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


QuickLogic (QuickLogic) Business Description

Traded in Other Exchanges
Address
2220 Lundy Avenue, San Jose, CA, USA, 95131
QuickLogic Corp is engaged in the development and marketing of semiconductor and software algorithm solutions for mobile and portable electronics. The company's products enable smartphone, wearable and IoT device Original Equipment Manufacturers, or OEMs, to deliver long battery life for their customers. Its solutions fall into one of four categories: Sensor Processing, eFPGA IP and its associated Tools, Display, and Smart Connectivity. Geographically, it has a presence in the Asia Pacific, Europe, and North America. It also works with mobile processor manufacturers, sensor manufacturers, sensor fusion, and context awareness algorithm developers in the development of reference designs.
Executives
Brian C Faith officer: VP WW Sales & Marketing C/O QUICKLOGIC CORPORATION, 1277 ORLEANS DRIVE, SUNNYVALE CA 94089
Timothy Saxe officer: Chief Technology Officer 109 SYLVAN WAY, LOS ALTOS CA 94022
Elias Nader officer: CFO, SVP Finance 1778 MCCARTHY BLVD., C/O SIGMA DESIGNS, INC., MILPITAS CA 95035
Russell Christine director 17165 PINE STREET, LOS GATOS CA 95032
Joyce Kim director 2220 LUNDY AVENUE, 2220 LUNDY AVENUE, SAN JOSE CA 95131
Radhika Krishnan director 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Andrew J Pease officer: VP, Worldwide Sales
Gary H Tauss director
Michael Farese director 6290 SEQUENCE DRIVE, SAN DIEGO CA 92121
Robert H Schoenfield officer: VP Worldwide Sales C/O AUDIENCE, INC., 331 FAIRCHILD DR., MOUNTAIN VIEW CA 94043
Suping (sue) Cheung officer: Controller, Princ. Acctg. Off. C/O QUICKLOGIC CORPORATION, SUNNYVALE CA 94089
Daniel A Rabinovitsj director 400 W CESAR CHAVEZ, AUSTIN TX 78701
E Thomas Hart director, officer: Chairman, President and CEO 1277 ORLEANS DRIVE, SUNNYVALE CA 94089-1138
Edgar Auslander director 1277 ORLEANS DRIVE, SUNNYVALE CA 94089
Maxime Bouvat-merlin officer: VP WW Engineering C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101