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IonQ (IONQ) Days Sales Outstanding : 109.04 (As of Mar. 2024)


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What is IonQ Days Sales Outstanding?

IonQ's average Accounts Receivable for the three months ended in Mar. 2024 was $9.06 Mil. IonQ's Revenue for the three months ended in Mar. 2024 was $7.58 Mil. Hence, IonQ's Days Sales Outstanding for the three months ended in Mar. 2024 was 109.04.

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

IONQ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.13   Med: 56.6   Max: 80.43
Current: 61.16

During the past 4 years, IonQ's highest Days Sales Outstanding was 80.43. The lowest was 23.13. And the median was 56.60.

IONQ's Days Sales Outstanding is ranked better than
65.6% of 2459 companies
in the Hardware industry
Industry Median: 74.61 vs IONQ: 61.16

IonQ's Days Sales Outstanding increased from Mar. 2023 (22.90) to Mar. 2024 (109.04).


IonQ Days Sales Outstanding Historical Data

The historical data trend for IonQ'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.

IonQ Days Sales Outstanding Chart

IonQ Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
- 56.60 23.13 80.43

IonQ Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 22.90 18.75 15.68 70.30 109.04

Competitive Comparison of IonQ's Days Sales Outstanding

For the Computer Hardware subindustry, IonQ'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.


IonQ's Days Sales Outstanding Distribution in the Hardware Industry

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

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



IonQ 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.

IonQ'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
=( (1.15 + 8.564) / 2 ) / 22.042*365
=4.857 / 22.042*365
=80.43

IonQ'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
=( (8.564 + 9.556) / 2 ) / 7.582*365 / 4
=9.06 / 7.582*365 / 4
=109.04

* 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.


IonQ  (NYSE:IONQ) Days Sales Outstanding Explanation

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


IonQ Days Sales Outstanding Related Terms

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


IonQ (IONQ) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4505 Campus Drive, College Park, MD, USA, 20740
IonQ Inc sells access to several quantum computers of various qubit capacities and is in the process of researching and developing technologies for quantum computers with increasing computational capabilities. The company currently makes access to its quantum computers available via cloud platforms and also to select customers via its own cloud service. This cloud-based approach enables the broad availability of quantum-computing-as-a-service (QCaaS). The company derives its revenue from its quantum-computing-as-a-service arrangements, consulting services related to co-developing algorithms on company's quantum computing systems, and contracts associated with the design, development, and construction of specialized quantum computing systems together with related services.
Executives
Rima Alameddine officer: Chief Revenue Officer C/O IONQ, INC., 4505 CAMPUS DRIVE, COLLEGE PARK MD 20740
Peter Hume Chapman director, officer: President and CEO C/O IONQ, INC., 4505 CAMPUS DRIVE, COLLEGE PARK MD 20740
Jungsang Kim director, officer: Chief Strategy Officer C/O IONQ, INC., 4505 CAMPUS DRIVE, COLLEGE PARK MD 20740
Thomas G. Kramer officer: Chief Financial Officer C/O OPOWER, INC., 1515 NORTH COURTHOUSE ROAD, 8TH FLOOR, ARLINGTON VA 22201
Christopher Monroe officer: Chief Scientist C/O IONQ, INC., 4505 CAMPUS DRIVE, COLLEGE PARK MD 20740
Laurie A. Babinski officer: General Counsel and Secretary C/O IONQ, INC., 4505 CAMPUS DRIVE, COLLEGE PARK MD 20740
Wendy Thomas director C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
Kathryn K. Chou director C/O IONQ, INC., 4505 CAMPUS DRIVE, COLLEGE PARK MD 20740
New Enterprise Associates 15, L.p. 10 percent owner 1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM MD 21093
Gv 2016 Gp, L.l.c. 10 percent owner 1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW MA 94043
Inder M Singh director C/O UNISYS CORPORATION, 801 LAKEVIEW DRIVE, SUITE 100, BLUE BELL PA 19422
Harry L. You director, 10 percent owner, officer: Chairman EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
2019, L.p. Gv 10 percent owner 1600 AMPHITHEATRE PKWY, MOUNTAIN VIEW CA 94043
Gv 2019 Gp, L.p. 10 percent owner 1600 AMPHITHEATRE PKWY, MOUNTAIN VIEW CA 94043
Gv 2019 Gp, L.l.c. 10 percent owner 1600 AMPHITHEATRE PKWY, MOUNTAIN VIEW CA 94043