Qorvo (LTS:0KSJ) Days Sales Outstanding

: 45.74 (As of Dec. 2023)

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Qorvo's average Accounts Receivable for the three months ended in Dec. 2023 was $538 Mil. Qorvo's Revenue for the three months ended in Dec. 2023 was $1,074 Mil. Hence, Qorvo's Days Sales Outstanding for the three months ended in Dec. 2023 was 45.74.

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

LTS:0KSJ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.48 Med: 42.98 Max: 52.4
Current: 43.38

During the past 11 years, Qorvo's highest Days Sales Outstanding was 52.40. The lowest was 37.48. And the median was 42.98.

LTS:0KSJ's Days Sales Outstanding is ranked better than
75.2% of 976 companies
in the Semiconductors industry
Industry Median: 62.36 vs LTS:0KSJ: 43.38

Qorvo's Days Sales Outstanding declined from Dec. 2022 (62.17) to Dec. 2023 (45.74).

Qorvo Days Sales Outstanding Historical Data

The historical data trend for Qorvo'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.

Qorvo Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

42.76

41.99

37.48

40.32

44.65

Qorvo 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																62.17	48.47	42.91	37.24	45.74

Competitive Comparison

For the Semiconductors subindustry, Qorvo'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.

Qorvo Days Sales Outstanding Distribution

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

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

Qorvo 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.

Qorvo'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
=	( (568.85	+	304.519)	/	2 )	/	3569.399	*	365
=	436.6845					/	3569.399	*	365
=	44.65

Qorvo'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
=	( (592.738	+	483.81)	/	2 )	/	1073.861	*	365 / 4
=	538.274					/	1073.861	*	365 / 4
=	45.74

Qorvo (LTS:0KSJ) Days Sales Outstanding Explanation

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

Qorvo Days Sales Outstanding Related Terms

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Qorvo (LTS:0KSJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Qorvo Inc (LTS:0KSJ) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

QRVO:USA 2QO:Germany

Address

7628 Thorndike Road, Greensboro, NC, USA, 27409-9421

Website

https://www.qorvo.com

Qorvo represents the combined entity of RF Micro Devices and TriQuint Semiconductor, which merged in January 2015. The company specializes in radio frequency filters, power amplifiers, and front-end modules used in many of the world's most advanced smartphones. Qorvo also has a suite of products sold into a variety of nonsmartphone end markets, such as wireless base stations, cable TV and networking equipment, and infrastructure and military applications.

Qorvo (LTS:0KSJ) Headlines

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