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BQE Water (BQE Water) Accounts Receivable : $3.32 Mil (As of Sep. 2023)


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What is BQE Water Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BQE Water's accounts receivables for the quarter that ended in Sep. 2023 was $3.32 Mil.

Accounts receivable can be measured by Days Sales Outstanding. BQE Water's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 65.65.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. BQE Water's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $3.29.


BQE Water Accounts Receivable Historical Data

The historical data trend for BQE Water'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.

BQE Water Accounts Receivable Chart

BQE Water Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.59 1.00 1.12 1.82

BQE Water Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.94 1.82 1.79 2.22 3.32

BQE Water Accounts Receivable Calculation

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


BQE Water 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.321/4.616*91
=65.65

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), BQE Water's accounts receivable are only considered to be worth 75% of book value:

BQE Water's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(4.823+0.75 * 3.321+0.5 * 0-3.216
-0-0)/1.24723
=3.29

* 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.


BQE Water Accounts Receivable Related Terms

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BQE Water (BQE Water) Business Description

Traded in Other Exchanges
Address
900 Howe Street, Suite 250, Vancouver, BC, CAN, V6Z 2M4
BQE Water Inc is a service provider specializing in water treatment and management for metals mining, smelting and refining. It is helping to transform the way the industry thinks about water in the context of natural resource projects by offering services and expertise which enable more sustainable water management practices and improved overall project performance at reduced risks. BQE Water invests in innovation and has developed intellectual property through the commercialization of several new technologies at mine sites around the world for organizations including Glencore, Jiangxi Copper, Freeport-McMoRan and the US EPA. It has one operating segment, principally being an integrated water management services and treatment solutions provider.

BQE Water (BQE Water) Headlines

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