Qt Group (FRA:2QT) Days Sales Outstanding : 66.68 (As of Dec. 2024)

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What is Qt Group Days Sales Outstanding?

Qt Group's average Accounts Receivable for the three months ended in Dec. 2024 was €50.0 Mil. Qt Group's Revenue for the three months ended in Dec. 2024 was €68.5 Mil. Hence, Qt Group's Days Sales Outstanding for the three months ended in Dec. 2024 was 66.68.

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

FRA:2QT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 63.57 Med: 73.59 Max: 89.26
Current: 81.71

During the past 11 years, Qt Group's highest Days Sales Outstanding was 89.26. The lowest was 63.57. And the median was 73.59.

FRA:2QT's Days Sales Outstanding is ranked worse than
66.07% of 2747 companies
in the Software industry
Industry Median: 62.94 vs FRA:2QT: 81.71

Qt Group's Days Sales Outstanding increased from Dec. 2023 (64.42) to Dec. 2024 (66.68).

Qt Group Days Sales Outstanding Historical Data

The historical data trend for Qt Group'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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Qt Group Days Sales Outstanding Chart

Qt Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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72.45

70.64

81.11

88.67

89.26

Qt Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial															64.42	87.09	73.60	101.28	66.68

Competitive Comparison of Qt Group's Days Sales Outstanding

For the Software - Application subindustry, Qt Group'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.

Qt Group's Days Sales Outstanding Distribution in the Software Industry

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

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

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Qt Group 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.

Qt Group's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (47.9	+	54.353)	/	2 )	/	209.063	*	365
=	51.1265					/	209.063	*	365
=	89.26

Qt Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding (Q: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2024 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (45.733	+	54.353)	/	2 )	/	68.48	*	365 / 4
=	50.043					/	68.48	*	365 / 4
=	66.68

Qt Group (FRA:2QT) Days Sales Outstanding Explanation

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

Qt Group Days Sales Outstanding Related Terms

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Qt Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Qt Group PLC (FRA:2QT) » Definitions » Days Sales Outstanding

Comparable Companies

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QTGPF:USA QTCOMh:UK 0RG5:UK QTCOM:Finland

Address

Miestentie 7, Espoo, FIN, 02150

Website

https://www.qt.io

Qt Group PLC is engaged in Qt product development, commercialization and licensing under commercial and open-source licenses. It is used for developing cross-platform applications and graphical user interfaces for desktops, embedded systems, and mobile devices. The Group reports one business segment that provides its customers with software development tools. This technology is used in various devices and applications, including consumer electronics, vehicles, airplanes and industrial automation applications. Geographically, it has a presence in the Rest of Europe and APAC and North America. It derives revenue from License sales and consulting and others.

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