Qtone Education Group (Guangdong) (SZSE:300359) Days Sales Outstanding : 378.93 (As of Mar. 2025)

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What is Qtone Education Group (Guangdong) Days Sales Outstanding?

Qtone Education Group (Guangdong)'s average Accounts Receivable for the three months ended in Mar. 2025 was ¥226.3 Mil. Qtone Education Group (Guangdong)'s Revenue for the three months ended in Mar. 2025 was ¥54.5 Mil. Hence, Qtone Education Group (Guangdong)'s Days Sales Outstanding for the three months ended in Mar. 2025 was 378.93.

The historical rank and industry rank for Qtone Education Group (Guangdong)'s Days Sales Outstanding or its related term are showing as below:

SZSE:300359' s Days Sales Outstanding Range Over the Past 10 Years
Min: 86.45 Med: 143.18 Max: 214.15
Current: 210.43

During the past 13 years, Qtone Education Group (Guangdong)'s highest Days Sales Outstanding was 214.15. The lowest was 86.45. And the median was 143.18.

SZSE:300359's Days Sales Outstanding is ranked worse than
94.35% of 248 companies
in the Education industry
Industry Median: 26.8 vs SZSE:300359: 210.43

Qtone Education Group (Guangdong)'s Days Sales Outstanding increased from Mar. 2024 (303.99) to Mar. 2025 (378.93).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Qtone Education Group (Guangdong) Days Sales Outstanding Historical Data

The historical data trend for Qtone Education Group (Guangdong)'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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Qtone Education Group (Guangdong) Days Sales Outstanding Chart

Qtone Education Group (Guangdong) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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129.43

130.63

149.53

136.83

197.87

Qtone Education Group (Guangdong) Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Sales Outstanding	Get a 7-Day Free Trial															303.99	190.60	261.92	140.84	378.93

Competitive Comparison of Qtone Education Group (Guangdong)'s Days Sales Outstanding

For the Education & Training Services subindustry, Qtone Education Group (Guangdong)'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.

Qtone Education Group (Guangdong)'s Days Sales Outstanding Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Qtone Education Group (Guangdong)'s Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Qtone Education Group (Guangdong)'s Days Sales Outstanding falls into.

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Qtone Education Group (Guangdong) 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.

Qtone Education Group (Guangdong)'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
=	( (252.425	+	227.416)	/	2 )	/	442.577	*	365
=	239.9205					/	442.577	*	365
=	197.87

Qtone Education Group (Guangdong)'s Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding (Q: Mar. 2025 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2024 )	+	Accounts Receivable (A: Mar. 2025 ))	/	count )	/	Revenue (A: Mar. 2025 )	*	Days in Period
=	( (227.416	+	225.133)	/	2 )	/	54.489	*	365 / 4
=	226.2745					/	54.489	*	365 / 4
=	378.93

Qtone Education Group (Guangdong) (SZSE:300359) Days Sales Outstanding Explanation

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

Qtone Education Group (Guangdong) Days Sales Outstanding Related Terms

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Qtone Education Group (Guangdong) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Qtone Education Group (Guangdong) Ltd (SZSE:300359) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88, Zhongshan 4th Road, 18th Floor, Building 5, Shangfeng Financial Business Center, East District, Guangdong, Zhongshan, CHN, 528400

Website

https://www.qtone.cn

Qtone Education Group (Guangdong) Ltd is a Chinese company engaged in providing school interactive services. It is engaged in the business of Education information construction and operation which consists smart education integrated solution, consulting service system, value-added operations; Campus service business which comprises campus communication, campus security, teaching management services, education management services; and Continuing education business.

Executives

Zhao Min	Independent director
Liu Yu Ming	Directors, executives
Chen Chi Chang	Director
Wang Ling	Director
Wan Jian Jun	Director
Lin Xiao Ya	Director
Zhou Wei	Directors, Directors, and Executives
Wang Hai Fang	Supervisors

Qtone Education Group (Guangdong) Headlines

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