Quest Patent Research (Quest Patent Research) Change In Receivables : $0.00 Mil (TTM As of Dec. 2023)

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What is Quest Patent Research Change In Receivables?

Quest Patent Research's change in receivables for the quarter that ended in Dec. 2023 was $0.00 Mil. It means Quest Patent Research's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Quest Patent Research's change in receivables for the fiscal year that ended in Dec. 2023 was $-3.01 Mil. It means Quest Patent Research's Accounts Receivable increased by $3.01 Mil from Dec. 2022 to Dec. 2023 .

Quest Patent Research's Accounts Receivable for the quarter that ended in Dec. 2023 was $3.01 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. Quest Patent Research's Days Sales Outstanding for the three months ended in Dec. 2023 was 21.61.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Quest Patent Research's liquidation value for the three months ended in Dec. 2023 was $-9.32 Mil.

Quest Patent Research Change In Receivables Historical Data

The historical data trend for Quest Patent Research'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.

* Premium members only.

Quest Patent Research Change In Receivables Chart

Quest Patent Research Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1.85

0.75

1.03

-3.01

Quest Patent Research Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															0.22	-	-	-	-

Quest Patent Research 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Quest Patent Research (OTCPK:QPRC) 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.

Quest Patent Research's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3.008	/	12.7	*	91
=	21.61

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

Quest Patent Research's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.563	-	12.139	+	0.75 * 3.008	+	0.5 * 0
=	-9.32

Quest Patent Research Change In Receivables Related Terms

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Quest Patent Research (Quest Patent Research) Business Description

Industry

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Address

411 Theodore Fremd Avenue, Suite 206S, Rye, NY, USA, 10580-1411

Website

https://www.qprc.com

Quest Patent Research Corp is an intellectual property asset management company. The company is engaged in the development, acquisition, licensing and enforcement of intellectual property rights. Its intellectual property portfolios consist of mobile data, online marketing, sweepstakes, promotions, and rewards, flexible packaging, universal financial data system, rich media, anchor structure portfolio, power management/bus control portfolio, and diode on-chip portfolio. The company has two segments namely intellectual property licensing and licensed packaging sales. It generates revenue from patent licensing fees, management fees, and licensed packaging sales.

Executives

Timothy J Scahill	director	472 WHITING ROAD, WEBSTER NY 14580
William Ryall Carroll	director	242 WEST 104TH ST, APT 6ER, NEW YORK NY 10025
Robert Christopher Paladino	director	7811 VALENCIA COURT, NAPLES FL 34113
Jon Charles Scahill	director, officer: President & COO	24 GREENHAVEN RD., RYE NY 10580-1018