GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » SelectQuote Inc (NYSE:SLQT) » Definitions » Days Sales Outstanding

SelectQuote (SelectQuote) Days Sales Outstanding : 29.09 (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is SelectQuote Days Sales Outstanding?

SelectQuote's average Accounts Receivable for the three months ended in Dec. 2023 was $129 Mil. SelectQuote's Revenue for the three months ended in Dec. 2023 was $405 Mil. Hence, SelectQuote's Days Sales Outstanding for the three months ended in Dec. 2023 was 29.09.

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

SLQT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.7   Med: 53.71   Max: 79.9
Current: 47.83

During the past 6 years, SelectQuote's highest Days Sales Outstanding was 79.90. The lowest was 36.70. And the median was 53.71.

SLQT's Days Sales Outstanding is ranked better than
54.39% of 57 companies
in the Insurance industry
Industry Median: 54.93 vs SLQT: 47.83

SelectQuote's Days Sales Outstanding declined from Dec. 2022 (36.86) to Dec. 2023 (29.09).


SelectQuote Days Sales Outstanding Historical Data

The historical data trend for SelectQuote'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.

SelectQuote Days Sales Outstanding Chart

SelectQuote Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Sales Outstanding
Get a 7-Day Free Trial 60.02 49.46 36.70 55.68 51.74

SelectQuote Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 36.86 52.82 75.35 53.02 29.09

Competitive Comparison of SelectQuote's Days Sales Outstanding

For the Insurance Brokers subindustry, SelectQuote'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.


SelectQuote's Days Sales Outstanding Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, SelectQuote's Days Sales Outstanding distribution charts can be found below:

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



SelectQuote 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.

SelectQuote's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

Days Sales Outstanding (A: Jun. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )*Days in Period
=( (129.748 + 154.565) / 2 ) / 1002.848*365
=142.1565 / 1002.848*365
=51.74

SelectQuote's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (115.872 + 142.59) / 2 ) / 405.438*365 / 4
=129.231 / 405.438*365 / 4
=29.09

* 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.


SelectQuote  (NYSE:SLQT) Days Sales Outstanding Explanation

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


SelectQuote Days Sales Outstanding Related Terms

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


SelectQuote (SelectQuote) Business Description

Traded in Other Exchanges
Address
6800 West 115th Street, Suite 2511, Overland Park, KS, USA, 66211
SelectQuote Inc is a Direct-to-consumer (DTC) distribution platform which facilitates consumers to shop for health, life and auto & home insurance policies online. The company generates its revenues by selling insurance products on behalf of the insurance carrier partners in the form of commission. It functions through three lines namely, SelectQuote Senior, SelectQuote Life, and SelectQuote Auto & Home.
Executives
Joshua Brandon Matthews officer: President, SelectQuote Senior 6800 WEST 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Grant W Thomas Ii director PO BOX 419248, KANSAS CITY MO 64141-6248
Grant William Thomas Iii officer: CHIEF OPERATING OFFICER 6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Robert Clay Grant officer: PRESIDENT, SELECTQUOTE SENIOR 6800 W 115TH STREET, SUITE 2511, PARK KS 66211
Sarah Taylor Anderson officer: (See Remarks) 6800 WEST 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Timothy Robert Danker director, officer: CHIEF EXECUTIVE OFFICER 6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Hawks Donald L Iii director 6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Raymond F Weldon director 6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Matthew Scott Gunter officer: See Remarks 6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Stephanie D. Fisher officer: Chief Accounting Officer 10990 ROE AVENUE, OVERLAND PARK KS 66211
Ryan Moore Clement officer: See Remarks 6800 WEST 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Kristin Gibbar officer: Chief Human Resources Officer 6800 W. 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Devanny Earl H Iii director CERNER CORP, 2800 ROCKCREEK PARKWAY, KANSAS CITY MO 64117-1593
Denise L Devine director C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Raffaele Sadun officer: CHIEF FINANCIAL OFFICER 6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211