SQI Diagnostics (FRA:XSQ) Change In Receivables : €0.76 Mil (TTM As of Mar. 2023)

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What is SQI Diagnostics Change In Receivables?

SQI Diagnostics's change in receivables for the quarter that ended in Mar. 2023 was €-0.15 Mil. It means SQI Diagnostics's Accounts Receivable increased by €0.15 Mil from Dec. 2022 to Mar. 2023 .

SQI Diagnostics's change in receivables for the fiscal year that ended in Sep. 2022 was €-0.14 Mil. It means SQI Diagnostics's Accounts Receivable increased by €0.14 Mil from Sep. 2021 to Sep. 2022 .

SQI Diagnostics's Accounts Receivable for the quarter that ended in Mar. 2023 was €0.14 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. SQI Diagnostics's Days Sales Outstanding for the three months ended in Mar. 2023 was 72.26.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SQI Diagnostics's liquidation value for the three months ended in Mar. 2023 was €-12.13 Mil.

SQI Diagnostics Change In Receivables Historical Data

The historical data trend for SQI Diagnostics'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.

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SQI Diagnostics Change In Receivables Chart

SQI Diagnostics Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Change In Receivables

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-0.49

0.16

-0.28

0.18

-0.14

SQI Diagnostics Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Change In Receivables	Get a 7-Day Free Trial															-0.91	0.78	0.03	0.10	-0.15

SQI Diagnostics Change In Receivables Calculation

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 Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.76 Mil.

SQI Diagnostics (FRA:XSQ) 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.

SQI Diagnostics's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.137	/	0.173	*	91
=	72.26

2. In Ben Graham's calculation of liquidation value, SQI Diagnostics's accounts receivable are only considered to be worth 75% of book value:

SQI Diagnostics's liquidation value for the quarter that ended in Mar. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.377	-	12.63	+	0.75 * 0.137	+	0.5 * 0.046
=	-12.13

SQI Diagnostics Change In Receivables Related Terms

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SQI Diagnostics (FRA:XSQ) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » SQI Diagnostics Inc (FRA:XSQ) » Definitions » Change In Receivables

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Address

36 Meteor Drive, Toronto, ON, CAN, M9W 1A4

Website

https://www.sqidiagnostics.com

SQI Diagnostics Inc is the leader in the field of lung health. The company develops and manufactures respiratory health and precision medicine tests that run on SQI's automated systems. The company is developing tests to simplify and improve COVID-19 antibody monitoring, rapid acute lung injury testing, donor organ transplant informatics, and immunological protein and antibody testing. Its geographical segments are the United States, Canada, and Europe. Canada accounts for more than half of its revenues.

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