I think your arithmetic doesn't match the time tracking settings.
310,500 seconds is 86.25 hours, so that bit looks right, but an 8 hour working day turns that into 10.7 days and a 5 day working week makes it 2.2 weeks. I suspect you don't have Jira set to a 5 day working week, as 1w 3d would be 10 days for a 7 day working week.
Hi @Nic Brough -Adaptavist- thanks for your response:
Here are our settings (We actually use 7,5 h days):
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