What is Borqs Technologies Days Sales Outstanding?
Borqs Technologies's average Accounts Receivable for the
six
months ended in Jun. 2023 was $2.24 Mil. Borqs Technologies's Revenue for the
six
months ended in Jun. 2023 was $14.99 Mil.
Hence, Borqs Technologies's Days Sales Outstanding for the
six
months ended in Jun. 2023 was 27.29.
The historical rank and industry rank for Borqs Technologies's Days Sales Outstanding or its related term are showing as below:
BRQSF'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.97 Med: 18.03 Max: 23.06
Current: 23.06
During the past 7 years, Borqs Technologies's highest Days Sales Outstanding was 23.06. The lowest was 6.97. And the median was 18.03.
BRQSF's Days Sales Outstanding is ranked better than 90.02% of 2726
companies
in the Software industry
Industry Median: 62.175
vs BRQSF: 23.06
Borqs Technologies's Days Sales Outstanding
increased
from Jun. 2022 (19.46) to Jun. 2023 (27.29).
Borqs Technologies Days Sales Outstanding Historical Data
The historical data trend for Borqs Technologies'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.
Competitive Comparison of Borqs Technologies's Days Sales Outstanding
For the Software - Application subindustry, Borqs Technologies'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.
Borqs Technologies's Days Sales Outstanding Distribution in the Software Industry
For the Software industry and Technology sector, Borqs Technologies's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Borqs Technologies's Days Sales Outstanding falls into.
Borqs Technologies 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.
* 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.
Borqs Technologies (OTCPK:BRQSF) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Borqs Technologies Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Borqs Technologies's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Borqs Technologies (Borqs Technologies) Business Description
Borqs Technologies Inc operates as a software development company. It is engaged in software, development services, and products providing customizable, differentiated, and scalable Android-based smart connected devices and cloud service solutions. The company's segment include Connected Solutions. Borqs derives most of its revenues from its Connected Solution which includes Software and Hardware. Its geographical segments include China, India, the United States, and the Rest of the World.
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