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Quantenna Communications (FRA:419) Accounts Receivable : €31.1 Mil (As of Mar. 2019)


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What is Quantenna Communications Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Quantenna Communications's accounts receivables for the quarter that ended in Mar. 2019 was €31.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Quantenna Communications's Days Sales Outstanding for the quarter that ended in Mar. 2019 was 55.52.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Quantenna Communications's Net-Net Working Capital per share for the quarter that ended in Mar. 2019 was €2.90.


Quantenna Communications Accounts Receivable Historical Data

The historical data trend for Quantenna Communications'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.

Quantenna Communications Accounts Receivable Chart

Quantenna Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Receivable
7.98 14.43 13.73 22.63 24.90

Quantenna Communications Quarterly Data
Dec14 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 21.34 25.42 17.21 24.90 31.06

Quantenna Communications Accounts Receivable Calculation

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


Quantenna Communications 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.

Quantenna Communications's Days Sales Outstanding for the quarter that ended in Mar. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=31.06/51.045*91
=55.52

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

Quantenna Communications's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2019 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)
=(120.784+0.75 * 31.06+0.5 * 16.11-40.53
-0-0)/38.4733
=2.90

* 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.


Quantenna Communications Accounts Receivable Related Terms

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Quantenna Communications (FRA:419) Business Description

Traded in Other Exchanges
N/A
Address
1704 Automation Parkway, San Jose, CA, USA, 95131
Quantenna Communications Inc is engaged in the design, development, and marketing of high-speed wireless communication solutions enabling wireless local area networking. Its solutions are designed to deliver Wi-Fi performance to support an increasing number of connected devices accessing a rapidly growing pool of digital content. Its products include QSR10G-AX, QSR2000C, QSR1000, QHS710 and MAUI. The Company sells its solutions using a combination of a direct sales force and third-party distributors.

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