AMQ (Ameriquest) Days Sales Outstanding : 593.59 (As of Dec. 2015)

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What is Ameriquest Days Sales Outstanding?

Ameriquest's average Accounts Receivable for the three months ended in Dec. 2015 was $140.72 Mil. Ameriquest's Revenue for the three months ended in Dec. 2015 was $21.63 Mil. Hence, Ameriquest's Days Sales Outstanding for the three months ended in Dec. 2015 was 593.59.

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

AMQ's Days Sales Outstanding is not ranked ^*
in the Software industry.
Industry Median: 63.34
* Ranked among companies with meaningful Days Sales Outstanding only.

Ameriquest's Days Sales Outstanding increased from Dec. 2012 (0.00) to Dec. 2015 (593.59).

Ameriquest Days Sales Outstanding Historical Data

The historical data trend for Ameriquest'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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Ameriquest Days Sales Outstanding Chart

Ameriquest Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Days Sales Outstanding

548.71

469.73

529.26

Ameriquest Quarterly Data
	Dec12	Dec13	Dec14	Sep15	Dec15
Days Sales Outstanding	-	-	509.73	-	593.59

Competitive Comparison of Ameriquest's Days Sales Outstanding

For the Software - Infrastructure subindustry, Ameriquest'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.

Ameriquest's Days Sales Outstanding Distribution in the Software Industry

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

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

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Ameriquest 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.

Ameriquest's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as

	Days Sales Outstanding (A: Dec. 2015 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2014 )	+	Accounts Receivable (A: Dec. 2015 ))	/	count )	/	Revenue (A: Dec. 2015 )	*	Days in Period
=	( (116.955	+	134.733)	/	2 )	/	86.788	*	365
=	125.844					/	86.788	*	365
=	529.26

Ameriquest's Days Sales Outstanding for the quarter that ended in Dec. 2015 is calculated as:

	Days Sales Outstanding (Q: Dec. 2015 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2015 )	+	Accounts Receivable (A: Dec. 2015 ))	/	count )	/	Revenue (A: Dec. 2015 )	*	Days in Period
=	( (146.715	+	134.733)	/	2 )	/	21.633	*	365 / 4
=	140.724					/	21.633	*	365 / 4
=	593.59

Ameriquest (NAS:AMQ) Days Sales Outstanding Explanation

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

Ameriquest Days Sales Outstanding Related Terms

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Ameriquest Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ameriquest Inc (NAS:AMQ) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.ameriquestcorp.com

Ameriquest Inc was formed in April 2015. The Company is a provider of technology-enabled business-to-business solutions that address the financial process, procurement and asset management needs of businesses. Its business segments are Financial Process Automation (Financial Process Automation), Procurement Solutions (Procurement) and Asset Management Solutions (Asset Management). The financial process automation solutions consist of cloud-based technology offerings that automate accounts receivable and accounts payable processes for its customers, including e-invoicing, credit and collections management, working capital management and reporting analytics. These solutions are delivered through two products: The accounts receivable automation platform; and The accounts payable automation platform. The Company's procurement solutions leverage its financial process automation technology to conduct group purchasing, predominantly for goods supporting the transportation industry, enabling companies to optimize their procurement processes from sourcing through payment. The asset management solutions provides data-driven strategic planning, asset acquisition and disposition, and asset financing and usage alternatives to help businesses, in the transportation industry, to lower the total cost of capital asset ownership. Its trademarks include AMERIQUEST, AMERIQUEST TRANSPORTATION SERVICES, COR360 and ONECONNECT. The Company's customers include equipment and equipment parts distributors, resellers, and retailers; telecommunication companies; group purchasing organizations; supply chain management companies; financial services firms; and various other service organizations. The Company's competitors include MultiService Technology Solutions Inc., Genpact Limited, Ariba Inc., Basware Corporation, Bottomline Technologies, Inc., Kofax Limited, SciQuest, Inc. and ReadSoft AB; and Ryder Fleet Management Solutions.