Qorvo's average Accounts Receivable for the
three
months ended in Sep. 2024 was $503 Mil. Qorvo's Revenue for the
three
months ended in Sep. 2024 was $1,047 Mil.
Hence, Qorvo's Days Sales Outstanding for the
three
months ended in Sep. 2024 was 43.84.
The historical rank and industry rank for Qorvo's Days Sales Outstanding or its related term are showing as below:
QRVO'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.74 Med: 42.38 Max: 52.4
Current: 46.13
During the past 12 years, Qorvo's highest Days Sales Outstanding was 52.40. The lowest was 34.74. And the median was 42.38.
QRVO's Days Sales Outstanding is ranked better than 72.75% of 987
companies
in the Semiconductors industry
Industry Median: 62.83
vs QRVO: 46.13
Qorvo's Days Sales Outstanding
increased
from Sep. 2023 (37.24) to Sep. 2024 (43.84).
Qorvo Days Sales Outstanding Historical Data
The historical data trend for Qorvo'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.
Competitive Comparison of Qorvo's Days Sales Outstanding
For the Semiconductors subindustry, Qorvo'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.
Qorvo's Days Sales Outstanding Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Qorvo's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Qorvo's Days Sales Outstanding falls into.
Qorvo 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.
* 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.
Qorvo (NAS:QRVO) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Qorvo Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Qorvo's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Qorvo represents the combined entity of RF Micro Devices and TriQuint Semiconductor, which merged in January 2015. The company specializes in radio frequency filters, power amplifiers, and front-end modules used in many of the world's most advanced smartphones. Qorvo also has a suite of products sold into a variety of nonsmartphone end markets, such as wireless base stations, cable TV and networking equipment, and infrastructure and military applications.
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