Arqit Quantum (Arqit Quantum) Days Sales Outstanding : 351.04 (As of Sep. 2023)

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What is Arqit Quantum Days Sales Outstanding?

Arqit Quantum's average Accounts Receivable for the six months ended in Sep. 2023 was $1.19 Mil. Arqit Quantum's Revenue for the six months ended in Sep. 2023 was $0.62 Mil. Hence, Arqit Quantum's Days Sales Outstanding for the six months ended in Sep. 2023 was 351.04.

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

ARQQ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 151.35 Med: 433.44 Max: 2052.27
Current: 1580.34

During the past 5 years, Arqit Quantum's highest Days Sales Outstanding was 2052.27. The lowest was 151.35. And the median was 433.44.

ARQQ's Days Sales Outstanding is ranked worse than
99.19% of 2726 companies
in the Software industry
Industry Median: 62.195 vs ARQQ: 1580.34

Arqit Quantum's Days Sales Outstanding declined from Sep. 2022 (1,024.20) to Sep. 2023 (351.04).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Arqit Quantum Days Sales Outstanding Historical Data

The historical data trend for Arqit Quantum'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.

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Arqit Quantum Days Sales Outstanding Chart

Arqit Quantum Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

433.44

151.35

2,052.27

Arqit Quantum Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial			216.72	270.18	1,024.20	33,810.53	351.04

Competitive Comparison of Arqit Quantum's Days Sales Outstanding

For the Software - Infrastructure subindustry, Arqit Quantum'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.

Arqit Quantum's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Arqit Quantum's Days Sales Outstanding distribution charts can be found below:

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

Arqit Quantum 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.

Arqit Quantum's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (5.924	+	1.273)	/	2 )	/	0.64	*	365
=	3.5985					/	0.64	*	365
=	2,052.27

Arqit Quantum'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
=	( (1.116	+	1.273)	/	2 )	/	0.621	*	365 / 2
=	1.1945					/	0.621	*	365 / 2
=	351.04

Arqit Quantum (NAS:ARQQ) Days Sales Outstanding Explanation

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

Arqit Quantum Days Sales Outstanding Related Terms

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Arqit Quantum (Arqit Quantum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Arqit Quantum Inc (NAS:ARQQ) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nova North, 11 Bressenden Place, 7th floor, London, GBR, SW1E 5BY

Website

https://www.arqit.uk

Arqit Quantum Inc is a cybersecurity company that has pioneered a symmetric key agreement technology which makes the communications links of any networked device or data at rest secure against current and future forms of cyber attack - even an attack from a quantum computer. Arqit delivers its symmetric key agreement technology via its QuantumCloud. Its product, QuantumCloud, enables any device to download a lightweight software agent, which can create keys in partnership with any other device. The firm operates in one segment that is, the provision of cybersecurity services via satellite and terrestrial platforms. Key revenue comes from the UK.