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Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) Accounts Receivable : R$269 Mil (As of Dec. 2023)


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What is Qualicorp Consultoria E Corretora De Seguros Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Qualicorp Consultoria E Corretora De Seguros's accounts receivables for the quarter that ended in Dec. 2023 was R$269 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Qualicorp Consultoria E Corretora De Seguros's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 59.23.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Qualicorp Consultoria E Corretora De Seguros's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was R$-6.52.


Qualicorp Consultoria E Corretora De Seguros Accounts Receivable Historical Data

The historical data trend for Qualicorp Consultoria E Corretora De Seguros's Accounts Receivable 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.

* Premium members only.

Qualicorp Consultoria E Corretora De Seguros Accounts Receivable Chart

Qualicorp Consultoria E Corretora De Seguros Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 207.40 716.36 226.95 235.06 268.99

Qualicorp Consultoria E Corretora De Seguros Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 235.06 220.29 235.38 252.23 268.99

Qualicorp Consultoria E Corretora De Seguros Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Qualicorp Consultoria E Corretora De Seguros Accounts Receivable 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 receivables are being managed.

Qualicorp Consultoria E Corretora De Seguros's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=268.993/414.42*91
=59.23

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Qualicorp Consultoria E Corretora De Seguros's accounts receivable are only considered to be worth 75% of book value:

Qualicorp Consultoria E Corretora De Seguros's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1217.395+0.75 * 268.993+0.5 * 0-3223.792
-0-15.319)/279.248
=-6.52

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Qualicorp Consultoria E Corretora De Seguros Accounts Receivable Related Terms

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Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Doutor Plinio Barreto, 365, 1st Floor, Bela Vista, Sao Paulo, SP, BRA, 01313-020
Qualicorp Consultoria E Corretora De Seguros SA is a full-service healthcare benefits administrator and health management service provider in Brazil. The company administers and manages health benefits by combining pre and post-sale services via a wide range of medical and administrative solutions designed to create value for its clients, customers and partners. It provides benefits administration, billing, benefits planning consulting, health insurance brokerage, health risk management services, analysis and reporting of loss ratios and third-party administration services. The Company has only one reportable segment: the Affinity segment. It operates in this segment through its subsidiaries.

Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) Headlines

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