Q-Free ASA (Q-Free ASA) Days Sales Outstanding : 59.85 (As of Sep. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Q-Free ASA Days Sales Outstanding?

Q-Free ASA's average Accounts Receivable for the three months ended in Sep. 2023 was $18.6 Mil. Q-Free ASA's Revenue for the three months ended in Sep. 2023 was $28.4 Mil. Hence, Q-Free ASA's Days Sales Outstanding for the three months ended in Sep. 2023 was 59.85.

The historical rank and industry rank for Q-Free ASA's Days Sales Outstanding or its related term are showing as below:

QFREF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.16 Med: 60.69 Max: 75.75
Current: 60.79

During the past 13 years, Q-Free ASA's highest Days Sales Outstanding was 75.75. The lowest was 51.16. And the median was 60.69.

QFREF's Days Sales Outstanding is not ranked
in the Construction industry.
Industry Median: 72.19 vs QFREF: 60.79

Q-Free ASA's Days Sales Outstanding declined from Sep. 2022 (71.42) to Sep. 2023 (59.85).

Q-Free ASA Days Sales Outstanding Historical Data

The historical data trend for Q-Free ASA'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.

* Premium members only.

Q-Free ASA Days Sales Outstanding Chart

Q-Free ASA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

Get a 7-Day Free Trial

60.82

58.51

50.34

61.08

75.99

Q-Free ASA Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															71.42	54.54	74.19	59.58	59.85

Competitive Comparison of Q-Free ASA's Days Sales Outstanding

For the Infrastructure Operations subindustry, Q-Free ASA'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.

Q-Free ASA's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Q-Free ASA's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Q-Free ASA's Days Sales Outstanding falls into.

Q-Free ASA 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.

Q-Free ASA's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (19.422	+	20.572)	/	2 )	/	96.048	*	365
=	19.997					/	96.048	*	365
=	75.99

Q-Free ASA's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (17.965	+	19.334)	/	2 )	/	28.433	*	365 / 4
=	18.6495					/	28.433	*	365 / 4
=	59.85

Q-Free ASA (OTCPK:QFREF) Days Sales Outstanding Explanation

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

Q-Free ASA Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Q-Free ASA's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Q-Free ASA (Q-Free ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Q-Free ASA (OTCPK:QFREF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Strindfjordvegen 1, Ranheim, NOR, 7053

Website

https://www.q-free.com

Q-Free ASA is engaged in the business of supplying products and solutions within Road User Charging (RUC) and Advanced Transportation Management Systems (ATMs). The company has three segments, namely Tolling, Traffic Management, and Assets held for sale. The majority of its revenue comes from the Tolling segment. Its Tolling solutions include Electronic Multi-Lane Free-Flow Toll Collection, Congestion Charging & Low-Emission Zones, Road User Charging, Enforcement, and Truck & Ferry Tolling. Its geographical segments are Europe, APMEA (Asia Pacific/Middle East/Africa), and the Americas.

Q-Free ASA (Q-Free ASA) Headlines

No Headlines