QPR Software Oyj (OHEL:QPR1V) Days Sales Outstanding : 70.75 (As of Mar. 2024)

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What is QPR Software Oyj Days Sales Outstanding?

QPR Software Oyj's average Accounts Receivable for the three months ended in Mar. 2024 was €1.37 Mil. QPR Software Oyj's Revenue for the three months ended in Mar. 2024 was €1.77 Mil. Hence, QPR Software Oyj's Days Sales Outstanding for the three months ended in Mar. 2024 was 70.75.

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

OHEL:QPR1V' s Days Sales Outstanding Range Over the Past 10 Years
Min: 89.29 Med: 116.17 Max: 161.57
Current: 111.53

During the past 13 years, QPR Software Oyj's highest Days Sales Outstanding was 161.57. The lowest was 89.29. And the median was 116.17.

OHEL:QPR1V's Days Sales Outstanding is ranked worse than
79.85% of 2734 companies
in the Software industry
Industry Median: 61.83 vs OHEL:QPR1V: 111.53

QPR Software Oyj's Days Sales Outstanding declined from Dec. 2022 (120.42) to Mar. 2024 (70.75).

QPR Software Oyj Days Sales Outstanding Historical Data

The historical data trend for QPR Software Oyj'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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QPR Software Oyj Days Sales Outstanding Chart

QPR Software Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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109.73

102.77

89.29

111.72

99.37

QPR Software Oyj Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															120.42	92.05	90.47	90.71	70.75

Competitive Comparison of QPR Software Oyj's Days Sales Outstanding

For the Software - Application subindustry, QPR Software Oyj'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.

QPR Software Oyj's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where QPR Software Oyj's Days Sales Outstanding falls into.

QPR Software Oyj 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.

QPR Software Oyj'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
=	( (2.828	+	1.283)	/	2 )	/	7.55	*	365
=	2.0555					/	7.55	*	365
=	99.37

QPR Software Oyj'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
=	( (1.283	+	1.46)	/	2 )	/	1.769	*	365 / 4
=	1.3715					/	1.769	*	365 / 4
=	70.75

QPR Software Oyj (OHEL:QPR1V) Days Sales Outstanding Explanation

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

QPR Software Oyj Days Sales Outstanding Related Terms

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QPR Software Oyj (OHEL:QPR1V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » QPR Software Oyj (OHEL:QPR1V) » Definitions » Days Sales Outstanding

Comparable Companies

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N/A

Address

Huopalahdentie 24, Helsinki, FIN, 00350

Website

https://www.qpr.com

QPR Software Oyj is a Finland-based company engaged in providing software and professional services to organizations. It provides solutions for execution, performance, and process management. In addition, it also provides solutions for process mining and enterprise architecture. The company's business segment is the Operational development of organizations. The group earns revenue from products and services which includes software license sales, software maintenance services, software rentals, and consulting, of which Software maintenance services and consulting constitute majorly to the group's revenue. It operates in Finland, and internationally of which key revenue is generated from Finland.

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