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BTQ Technologies (NEOE:BTQ) Change In Receivables : C$-0.07 Mil (TTM As of Sep. 2023)


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What is BTQ Technologies Change In Receivables?

BTQ Technologies's change in receivables for the quarter that ended in Sep. 2023 was C$-0.04 Mil. It means BTQ Technologies's Accounts Receivable increased by C$0.04 Mil from Jun. 2023 to Sep. 2023 .

BTQ Technologies's change in receivables for the fiscal year that ended in Jan. 2022 was C$-0.01 Mil. It means BTQ Technologies's Accounts Receivable increased by C$0.01 Mil from Dec. 2021 to Jan. 2022 .

BTQ Technologies's Accounts Receivable for the quarter that ended in Sep. 2023 was C$0.12 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. BTQ Technologies's liquidation value for the three months ended in Sep. 2023 was C$4.51 Mil.


BTQ Technologies Change In Receivables Historical Data

The historical data trend for BTQ Technologies'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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BTQ Technologies Change In Receivables Chart

BTQ Technologies Annual Data
Trend Dec21 Jan22
Change In Receivables
-0.03 -0.01

BTQ Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Jan23 Jun23 Sep23
Change In Receivables Get a 7-Day Free Trial - -0.14 - -0.03 -0.04

BTQ Technologies 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.07 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.


BTQ Technologies  (NEOE:BTQ) 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.

BTQ Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.117/0*91
=

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

BTQ Technologies's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=4.955-0.533+0.75 * 0.117+0.5 * 0
=4.51

* 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.


BTQ Technologies Change In Receivables Related Terms

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BTQ Technologies (NEOE:BTQ) Business Description

Traded in Other Exchanges
Address
700 West Georgia Street, 25th Floor, Vancouver, BC, CAN, V7Y 1B3
BTQ Technologies Corp is home to a diverse team of builders with a shared interest in post-quantum technology. Its products include PQScale, Keelung, Kenting, and Qbyte. PQScale is a novel scaling technique for post-quantum cryptographic primitives. PQScale achieves transaction speed and cost savings by leveraging zero-knowledge proofs for transaction processing. Keelung is a Zero-Knowledge Toolkit for Fast, Private, and Secure Applications. Kenting has accelerated hardware devices for a variety of post-quantum cryptographic primitives. Kenting provides acceleration for NIST-compliant post-quantum cryptography, post-quantum zk-SNARKs, and eco-friendly mining hardware. Qbyte is a Quantum risk Calculator.