Qev NV (FRA:7IO) Accounts Receivable : €0.00 Mil (As of Dec. 2022)

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What is Qev NV Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Qev NV's accounts receivables for the quarter that ended in Dec. 2022 was €0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Qev NV's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was €-10.52.

Qev NV Accounts Receivable Historical Data

The historical data trend for Qev NV'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.

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Qev NV Accounts Receivable Chart

Qev NV Annual Data

Trend

Dec21

Dec22

Accounts Receivable

Qev NV Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22
Accounts Receivable	-	-	-	-

Qev NV Accounts Receivable Calculation

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

Qev NV 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.

Qev NV's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0	*	91
=

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

Qev NV's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=	(2.119	+	0.75 * 0	+	0.5 * 0	-	186.232
-	0	-	0)	/	17.5
=	-10.52

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.

Qev NV Accounts Receivable Related Terms

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Qev NV (FRA:7IO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Qev NV (FRA:7IO) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

QEV:Netherlands

Address

Carrer del Rec Molinar, 11, Montmelo, Barcelona, ESP, 08160

Website

https://www.qevtech.com

Qev NV designs, develops, manufactures, and sells electric light commercial vehicles and electric buses, as well as offering aftersales and maintenance services, and has further business lines related to electric motorsport. It sells its electric vans, trucks and buses primarily to businesses and public transport companies seeking to establish or grow their electric fleets, and is focused on serving the urban mobility and last-mile delivery markets. Under the ZEROID brand, QEV Technologies offers a zero-emission fleet that includes multiple electric van models, delivery trucks, and electric and hydrogen platforms for buses.

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