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QPR Software Oyj (OHEL:QPR1V) Accounts Receivable : €1.83 Mil (As of Jun. 2024)


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What is QPR Software Oyj Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. QPR Software Oyj's accounts receivables for the quarter that ended in Jun. 2024 was €1.83 Mil.

Accounts receivable can be measured by Days Sales Outstanding. QPR Software Oyj's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 113.49.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. QPR Software Oyj's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-0.18.


QPR Software Oyj Accounts Receivable Historical Data

The historical data trend for QPR Software Oyj'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.

QPR Software Oyj Accounts Receivable Chart

QPR Software Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.54 2.51 1.96 2.83 1.28

QPR Software Oyj Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - 1.90 1.28 1.46 1.83

QPR Software Oyj Accounts Receivable Calculation

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


QPR Software Oyj 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.

QPR Software Oyj's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.832/1.473*91
=113.49

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

QPR Software Oyj's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(0.031+0.75 * 1.832+0.5 * 0-4.569
-0-0)/17.9183
=-0.18

* 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.


QPR Software Oyj Accounts Receivable Related Terms

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QPR Software Oyj Business Description

Traded in Other Exchanges
N/A
Address
Huopalahdentie 24, Helsinki, FIN, 00350
QPR Software Oyj is a Finland-based company engaged in providing software and professional services to organizations. It provides solutions for execution, performance, and process management. In addition, it also provides solutions for process mining and enterprise architecture. The company's business segment is the Operational development of organizations. The group earns revenue from products and services which includes software license sales, software maintenance services, software rentals, and consulting, of which Software maintenance services and consulting constitute majorly to the group's revenue. It operates in Finland, and internationally of which key revenue is generated from Finland.

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