Switch to:
Quality Systems Inc  (NAS:QSII) Change In Receivables: $-1.7 Mil (As of Sep. 2017)

Quality Systems Inc's change in receivables for the quarter that ended in Sep. 2017 was $-1.7 Mil. It means Quality Systems Inc's Accounts Receivable declined by $1.7 Mil from Jun. 2017 to Sep. 2017 .

Quality Systems Inc's change in receivables for the fiscal year that ended in Mar. 2017 was $5.5 Mil. It means Quality Systems Inc's Accounts Receivable increased by $5.5 Mil from Mar. 2016 to Mar. 2017 .

Quality Systems Inc's Accounts Receivable for the quarter that ended in Sep. 2017 was $81.7 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. Quality Systems Inc's Days Sales Outstanding for the three months ended in Sep. 2017 was 56.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Quality Systems Inc's liquidation value for the three months ended in Sep. 2017 was $-100.6 Mil.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Quality Systems Inc Annual Data

Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Change In Receivables Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.99 37.46 4.74 9.93 5.54

Quality Systems Inc Quarterly Data

Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Change In Receivables 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 Premium Member Only Premium Member Only Premium Member Only 2.18 2.36 -10.47 1.55 -1.67

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.


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.

Quality Systems Inc's Days Sales Outstanding for the quarter that ended in Sep. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=81.712/132.607*91
=56.23

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

Quality Systems Inc's liquidation value for the quarter that ended in Sep. 2017 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=26.553-188.557+0.75 * 81.712+0.5 * 0.147
=-100.6

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms


Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK