QuantaSing Group (FRA:MK60) Days Sales Outstanding : 2.08 (As of Dec. 2024)

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What is QuantaSing Group Days Sales Outstanding?

QuantaSing Group's average Accounts Receivable for the three months ended in Dec. 2024 was €2.2 Mil. QuantaSing Group's Revenue for the three months ended in Dec. 2024 was €95.3 Mil. Hence, QuantaSing Group's Days Sales Outstanding for the three months ended in Dec. 2024 was 2.08.

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

FRA:MK60' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.85 Med: 3.64 Max: 20.56
Current: 2.06

During the past 4 years, QuantaSing Group's highest Days Sales Outstanding was 20.56. The lowest was 0.85. And the median was 3.64.

FRA:MK60's Days Sales Outstanding is ranked better than
91.97% of 249 companies
in the Education industry
Industry Median: 27.09 vs FRA:MK60: 2.06

QuantaSing Group's Days Sales Outstanding increased from Dec. 2023 (2.06) to Dec. 2024 (2.08).

QuantaSing Group Days Sales Outstanding Historical Data

The historical data trend for QuantaSing 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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QuantaSing Group Days Sales Outstanding Chart

QuantaSing Group Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Days Sales Outstanding

20.56

5.89

0.85

1.39

QuantaSing Group Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial										2.06	2.32	2.06	1.91	2.08

Competitive Comparison of QuantaSing Group's Days Sales Outstanding

For the Education & Training Services subindustry, QuantaSing 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.

QuantaSing Group's Days Sales Outstanding Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, QuantaSing Group's Days Sales Outstanding distribution charts can be found below:

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

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QuantaSing 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.

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

	Days Sales Outstanding (A: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (1.579	+	2.135)	/	2 )	/	486.011	*	365
=	1.857					/	486.011	*	365
=	1.39

QuantaSing 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
=	( (2.189	+	2.152)	/	2 )	/	95.313	*	365 / 4
=	2.1705					/	95.313	*	365 / 4
=	2.08

QuantaSing Group (FRA:MK60) Days Sales Outstanding Explanation

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

QuantaSing Group Days Sales Outstanding Related Terms

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QuantaSing Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » QuantaSing Group Ltd (FRA:MK60) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

QSG:USA

Address

Ronsin Technology Center, 2nd Floor, Building D, Chaoyang District, Beijing, CHN, 100102

Website

https://www.liangzizhige.com

QuantaSing Group Ltd is a learning service provider in China's adult learning market for personal interest courses. It offers easy-to-understand, affordable, and accessible online courses to adult learners under various brands, including QiNiu, Kelly, and QianChi among others empowering them to pursue personal development. The company offers courses for various domains such as financial literacy, skill upgrading, recreation, and leisure which are offered in live large-class dual-instructor mode, online community-based training camp mode, and in live lecture, one-on-one tutoring mode. Its segments are; Learning service and others which derives key revenue, and Consumer business. Geographically, the company generates all of its revenue from the People's Republic of China.

QuantaSing Group Headlines

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