iQ International AG (FRA:IQL) Accounts Receivable: €3.34 Mil (As of Jun. 2020)

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FRA:IQL iQ International AG FRA:IQL
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What is iQ International AG Accounts Receivable?

iQ International AG FRA:IQL -64.84% 10 Accounts Receivable is €3.34 Mil as of Jun. 2020. GuruFocus rates FRA:IQL with a GF Score™ of 10/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. iQ International AG's accounts receivables for the quarter that ended in Jun. 2020 was €3.34 Mil.

Accounts receivable can be measured by Days Sales Outstanding. iQ International AG's Days Sales Outstanding for the quarter that ended in Jun. 2020 was 160.22.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. iQ International AG's Net-Net Working Capital per share for the quarter that ended in Jun. 2020 was €-1.51.


iQ International AG 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.

iQ International AG's Days Sales Outstanding for the quarter that ended in Jun. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.344/3.809*91
=160.22

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

iQ International AG's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2020 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)
=(1.258+0.75 * 3.344+0.5 * 1.307-44.634
-0-0)/26.586
=-1.51

* 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.


iQ International AG Accounts Receivable Related Terms


iQ International AG Accounts Receivable Historical Data

* Premium members only.

The historical data trend for iQ International AG'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.

iQ International AG Accounts Receivable Chart

iQ International AG Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.00 0.00 0.00 3.48

iQ International AG Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Dec18 Jun19 Jun20
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 0.01 0.00 3.48 0.00 3.34
FRA:IQL
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iQ International AG FRA:IQL
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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iQ International AG Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of €3.34 Mil mean?
iQ International AG (FRA:IQL) has a Accounts Receivable of €3.34 Mil as of Jun. 2020. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on iQ International AG and its competitors.
Is iQ International AG's Accounts Receivable too high?
iQ International AG's current Accounts Receivable is €3.34 Mil. Overall, iQ International AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does iQ International AG's Accounts Receivable compare to competitors?
iQ International AG's Accounts Receivable of €3.34 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Vehicles & Parts company?
A good Accounts Receivable depends on the Vehicles & Parts industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on iQ International AG and its competitors. iQ International AG's current Accounts Receivable is €3.34 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iQ International AG stock overvalued right now?
iQ International AG (FRA:IQL) has a current Accounts Receivable of €3.34 Mil. The current Accounts Receivable is €3.34 Mil. iQ International AG's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For iQ International AG (FRA:IQL), the current Accounts Receivable is €3.34 Mil as of Jun. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

iQ International AG Business Description

Address Landis + Gyr Strasse 1, Zug, CHE, 6300
iQ International AG is a Switzerland-based technology company focusing on the manufacturing, distribution, and development of efficient lead acid batteries for the automotive SLI (Starting-Lighting-Ignition) and storage markets using patented, eco-friendly technologies that prevent acid stratification and corrosion. In addition, the company provides consulting services to licensees and manufacturers of vehicle batteries and advanced energy systems. The company has two reportable segments which are batteries and licensing. The batteries segment comprises the sale of production batteries and the trade of batteries for the automotive SLI. Royalties from patented, eco-friendly technologies that prevent acid stratification and corrosion are achieved from third-party licensees.
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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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