Q.E.P. Co's change in receivables for the quarter that ended in Nov. 2023 was $7.9 Mil. It means Q.E.P. Co's Accounts Receivable
declined by $7.9 Mil
from Aug. 2023 to Nov. 2023 .
Q.E.P. Co's change in receivables for the fiscal year that ended in Feb. 2023 was $5.6 Mil. It means Q.E.P. Co's Accounts Receivable
declined by $5.6 Mil
from Feb. 2022 to Feb. 2023 .
Q.E.P. Co's Accounts Receivable for the quarter that ended in Nov. 2023 was $38.7 Mil.
Days Sales Outstanding measures of 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.
Q.E.P. Co's Days Sales Outstanding for the
three
months ended in Nov. 2023 was 47.33.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Q.E.P. Co's liquidation value for the
three
months ended in Nov. 2023 was $0.4 Mil.
Q.E.P. Co Change In Receivables Historical Data
The historical data trend for Q.E.P. Co's Change In Receivables 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.
Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.
Change In Receivables for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.3 Mil.
* 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.
Q.E.P. Co (OTCPK:QEPC) Change In Receivables Explanation
1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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.
Q.E.P. Co's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:
* 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.
Q.E.P. Co Change In Receivables Related Terms
Thank you for viewing the detailed overview of Q.E.P. Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Q.E.P. Co Inc is a provider of flooring and industrial solutions. The company is a manufacturer, marketer, and distributor of hardwood and laminate flooring, flooring installation tools, adhesives and flooring related products targeted for the professional installer as well as the do-it-yourselfer. It also provides industrial tools to the industrial trades under brand names including QEP, ROBERTS, Capitol, Harris Wood, Fausfloor, Vitrex, Homelux, TileRite, PRCI, Nupla, HISCO, Plasplugs, Ludell, Porta-Nails, Tomecanic, Benetiere, and Elastiment. The company sells its products to home improvement retail centers, specialty distribution outlets, municipalities and industrial solution providers in an approx 50 states and throughout the world.
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