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Quest Holdings (LTS:0QIK) Accounts Receivable : €246 Mil (As of Dec. 2024)


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What is Quest Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Quest Holdings's accounts receivables for the quarter that ended in Dec. 2024 was €246 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Quest Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 56.18.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Quest Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was €-1.23.


Quest Holdings Accounts Receivable Historical Data

The historical data trend for Quest Holdings'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.

Quest Holdings Accounts Receivable Chart

Quest Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 132.82 165.59 178.42 236.92 245.91

Quest Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 236.92 195.81 218.32 219.45 245.91

Quest Holdings Accounts Receivable Calculation

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


Quest Holdings 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.

Quest Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=245.911/399.418*91
=56.18

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

Quest Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 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)
=(215.74+0.75 * 245.911+0.5 * 114.503-570.696
-0-16.769)/105.844
=-1.23

* 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.


Quest Holdings Accounts Receivable Related Terms

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Quest Holdings Business Description

Traded in Other Exchanges
Address
2A, Argyroupoleos Street, Kallithea, Athens, GRC, 176 76
Quest Holdings SA, together with its subsidiaries, engages in diversified business. It operates through four business segments: Commercial activities, Information technology services, Postal services, and Production of electric power from renewable energy sources. The vast majority of its revenue comes from the Commercial activities segment, which Includes sales of products, mostly IT-related, such as IT equipment, Apple and Xiaomi mobile phone devices, air conditioning devices, and other home appliances. The company's geographical segments are Greece, the Eurozone, European countries out of the Eurozone, and Other countries.

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