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Qualstar (FRA:QST1) Accounts Receivable : €1.79 Mil (As of Sep. 2023)


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What is Qualstar Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Qualstar's accounts receivables for the quarter that ended in Sep. 2023 was €1.79 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Qualstar's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 55.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Qualstar's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was €1.38.


Qualstar Accounts Receivable Historical Data

The historical data trend for Qualstar'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.

Qualstar Accounts Receivable Chart

Qualstar Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Dec16 Dec17 Dec18 Dec19
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.07 1.50 1.52 1.59 2.13

Qualstar Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep22 Sep23
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 1.98 2.13 0.95 - 1.79

Qualstar Accounts Receivable Calculation

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


Qualstar 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.

Qualstar's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.792/2.944*91
=55.54

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

Qualstar's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=(2.383+0.75 * 1.792+0.5 * 2.325-2.228
-0-0)/1.92502
=1.38

* 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.


Qualstar Accounts Receivable Related Terms

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Qualstar (FRA:QST1) Business Description

Traded in Other Exchanges
Address
1 Jenner, Suite 200, Irvine, CA, USA, 92618
Qualstar Corp is a U.S based provider of data storage systems marketed under the Qualstar brand and of power solutions marketed under the N2Power brand. The company's segments include Power Supplies and Data Storage. Under the Power Supplies segment, it designs, manufactures and sells open frame switching power supplies. Under the Data Storage segment, it designs, manufactures and sells automated magnetic tape libraries used to store, retrieve and manage electronic data in network computing environments. It has its geographic presence in North America, Europe.

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