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QXO (QXO) Days Sales Outstanding : 15.39 (As of Dec. 2024)


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What is QXO Days Sales Outstanding?

QXO's average Accounts Receivable for the three months ended in Dec. 2024 was $2.49 Mil. QXO's Revenue for the three months ended in Dec. 2024 was $14.74 Mil. Hence, QXO's Days Sales Outstanding for the three months ended in Dec. 2024 was 15.39.

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

QXO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.35   Med: 19.66   Max: 30.2
Current: 17.48

During the past 13 years, QXO's highest Days Sales Outstanding was 30.20. The lowest was 15.35. And the median was 19.66.

QXO's Days Sales Outstanding is ranked better than
92.84% of 2725 companies
in the Software industry
Industry Median: 63.34 vs QXO: 17.48

QXO's Days Sales Outstanding declined from Dec. 2023 (17.57) to Dec. 2024 (15.39).


QXO Days Sales Outstanding Historical Data

The historical data trend for QXO'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.

QXO Days Sales Outstanding Chart

QXO Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.20 15.35 16.88 17.41 18.31

QXO 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.57 17.80 17.81 18.21 15.39

Competitive Comparison of QXO's Days Sales Outstanding

For the Software - Application subindustry, QXO'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.


QXO's Days Sales Outstanding Distribution in the Software Industry

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

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


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QXO 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.

QXO'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
=( (2.969 + 2.736) / 2 ) / 56.873*365
=2.8525 / 56.873*365
=18.31

QXO'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
=( (2.236 + 2.736) / 2 ) / 14.743*365 / 4
=2.486 / 14.743*365 / 4
=15.39

* 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.


QXO  (NYSE:QXO) Days Sales Outstanding Explanation

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


QXO Days Sales Outstanding Related Terms

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


QXO Business Description

Industry
Traded in Other Exchanges
N/A
Address
Five American Lane, Greenwich, CT, USA, 06831
QXO Inc provides technology solutions, primarily to clients in the manufacturing, distribution, and service sectors. It provides consulting and professional services, specialized programming, training, and technical support. It also offers solutions for accounting, financial reporting, enterprise resource planning, warehouse management systems, customer relationship management, business intelligence, and other applications.
Executives
Mark Meller director, 10 percent owner, officer: President and CEO C/O TREY RESOURCES, INC., 293 EISENHOWER PARKWAY, SUITE 250, LIVINGSTON NJ 07039
Stanley Wunderlich director
John D. Schachtel director 979 BATESVILLE ROAD, SUITE B, GREER SC 29651
Joseph P Macaluso director
Bitnile Holdings, Inc. 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Ault Milton C Iii 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Jeffrey D Roth 10 percent owner 202 VIERA DRIVE, CEDAR KNOLLS NJ 07927-2402
Christine Elizabeth Dye officer: Chief Financial Officer 120 EAGLE ROCK AVE., SUITE 330, EAST HANOVER NJ 07936
Crandall Iii Melvin officer: Chief Financial Officer 5 REGENT ST #520, LIVINGSTON NJ 07039
John Rudy director C/O ADSTAR INC., 4553 GLENCOE AVENUE SUITE 325, MARINA DEL REY CA 90292
Jerome R Mahoney director, 10 percent owner, officer: President, Secretary and CEO C/O VOICE INC, 750 HIGHWAY 34, MATAWAN NJ 07747