Qbrick AB (NGM:QBRICK) Days Sales Outstanding : 38.68 (As of Mar. 2024)

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What is Qbrick AB Days Sales Outstanding?

Qbrick AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr3.16 Mil. Qbrick AB's Revenue for the three months ended in Mar. 2024 was kr7.44 Mil. Hence, Qbrick AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 38.68.

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

NGM:QBRICK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.92 Med: 49.33 Max: 64.43
Current: 49.29

During the past 5 years, Qbrick AB's highest Days Sales Outstanding was 64.43. The lowest was 35.92. And the median was 49.33.

NGM:QBRICK's Days Sales Outstanding is ranked better than
65.27% of 2724 companies
in the Software industry
Industry Median: 61.82 vs NGM:QBRICK: 49.29

Qbrick AB's Days Sales Outstanding declined from Mar. 2023 (64.94) to Mar. 2024 (38.68).

Qbrick AB Days Sales Outstanding Historical Data

The historical data trend for Qbrick AB'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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Qbrick AB Days Sales Outstanding Chart

Qbrick AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

35.92

44.40

49.33

64.43

62.12

Qbrick AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial													64.94	55.77	57.40	44.85	38.68

Competitive Comparison of Qbrick AB's Days Sales Outstanding

For the Software - Infrastructure subindustry, Qbrick AB'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.

Qbrick AB's Days Sales Outstanding Distribution in the Software Industry

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

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

Qbrick AB 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.

Qbrick AB's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (7.073	+	3.14)	/	2 )	/	30.002	*	365
=	5.1065					/	30.002	*	365
=	62.12

Qbrick AB's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (3.14	+	3.171)	/	2 )	/	7.444	*	365 / 4
=	3.1555					/	7.444	*	365 / 4
=	38.68

Qbrick AB (NGM:QBRICK) Days Sales Outstanding Explanation

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

Qbrick AB Days Sales Outstanding Related Terms

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Qbrick AB (NGM:QBRICK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Qbrick AB (NGM:QBRICK) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Farogatan 33, Kista, SWE, 164 51

Website

https://www.qbrick.com

Qbrick AB is a Swedish company that provides systems for secure streaming media, including streaming of video, audio, and applications over the Internet. It delivers a cloud-based technology platform with which companies and organizations can film, edit, process, store, and distribute live video and pre-recorded videos. It enables companies and organizations to create and manage videos to engage staff, consumers, and customers in a modern way through customer-specific videos such as interactive video shopping.

Qbrick AB (NGM:QBRICK) Headlines

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