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QuinStreet (QuinStreet) Receivables Turnover : 1.72 (As of Dec. 2023)


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What is QuinStreet Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. QuinStreet's Revenue for the three months ended in Dec. 2023 was $122.7 Mil. QuinStreet's average Accounts Receivable for the three months ended in Dec. 2023 was $71.2 Mil. Hence, QuinStreet's Receivables Turnover for the three months ended in Dec. 2023 was 1.72.


QuinStreet Receivables Turnover Historical Data

The historical data trend for QuinStreet's Receivables Turnover 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.

QuinStreet Receivables Turnover Chart

QuinStreet Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.32 7.00 7.59 6.87 7.78

QuinStreet Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Receivables Turnover 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 1.83 1.95 1.50 1.83 1.72

Competitive Comparison of QuinStreet's Receivables Turnover

For the Advertising Agencies subindustry, QuinStreet's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.


QuinStreet's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, QuinStreet's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where QuinStreet's Receivables Turnover falls into.



QuinStreet Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

QuinStreet's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=580.624 / ((81.429 + 67.748) / 2 )
=580.624 / 74.5885
=7.78

QuinStreet's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=122.683 / ((67.684 + 74.727) / 2 )
=122.683 / 71.2055
=1.72

* 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.


QuinStreet  (NAS:QNST) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


QuinStreet Receivables Turnover Related Terms

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QuinStreet (QuinStreet) Business Description

Traded in Other Exchanges
Address
950 Tower Lane, 6th Floor, Foster City, CA, USA, 94404
QuinStreet Inc focuses on serving clients in large, information-intensive industries, where the company has pioneered a broad range of Internet marketing tools. QuintStreet aims to partner with search engine companies by helping build websites with flexible content and offerings that are customizable according to the user base. It generates revenue by delivering measurable online marketing results to the clients. Its product offerings comprise a full range of performance marketing products: Clicks, Inquiries, Calls, Applications, and Full Customer Acquisitions.
Executives
Gregory Wong officer: CFO 950 TOWER LANE, 6TH FLOOR, FOSTER CITY CA 94404
Douglas Valenti director, 10 percent owner, officer: Chief Executive Officer C/O QUINSTREET, INC., 1051 EAST HILLSDALE BLVD., FOSTER CITY CA 94404
Asmau Ahmed director 315 RIVERSIDE DRIVE 1B, NEW YORK NY 10025
Hillary B Smith director C/O YEXT, INC, 61 NINTH AVENUE, NEW YORK NY 10011
David J Pauldine director 300 SIXTH AVE, 8TH FLOOR, PITTSBURGH PA 75222
James R. Simons director C/O SPLIT ROCK PARTNERS, 10400 VIKING DRIVE, SUITE 250, EDEN PRAIRIE MN 55344
Robin Josephs director
Anna Liao Fieler director 2036 STERLING AVE, MENLO PARK CA 94025
Andrew T Sheehan director 755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304-1005
Gregory P Sands director 755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304-1005
John G Mcdonald director 601 UNION STREET, SUITE 3100, SEATTLE WA 98101-1374
Nina Bhanap officer: Chief Technology Officer C/O QUINSTREET, INC., 1051 EAST HILLSDALE BLVD., FOSTER CITY CA 94404
Matthew Glickman director 159 MELVILLE AVENUE, PALO ALTO CA 94301
Martin J Collins officer: SVP & General Counsel 4000 NORTH FIRST STREET, SAN JOSE CA 95134
Stuart Huizinga director 440 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043

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