D-Wave Quantum (D-Wave Quantum) Accounts Receivable : $1.65 Mil (As of Dec. 2023)

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What is D-Wave Quantum Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. D-Wave Quantum's accounts receivables for the quarter that ended in Dec. 2023 was $1.65 Mil.

Accounts receivable can be measured by Days Sales Outstanding. D-Wave Quantum's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 51.87.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. D-Wave Quantum's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.25.

D-Wave Quantum Accounts Receivable Historical Data

The historical data trend for D-Wave Quantum'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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D-Wave Quantum Accounts Receivable Chart

D-Wave Quantum Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

0.59

0.42

0.76

1.65

D-Wave Quantum Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial								0.76	0.54	0.80	0.40	1.65

D-Wave Quantum Accounts Receivable Calculation

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

D-Wave Quantum 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.

D-Wave Quantum's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.652	/	2.906	*	91
=	51.87

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

D-Wave Quantum's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(41.307	+	0.75 * 1.652	+	0.5 * 2.078	-	83.837
-	0	-	0)	/	161.114
=	-0.25

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.

D-Wave Quantum Accounts Receivable Related Terms

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D-Wave Quantum (D-Wave Quantum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » D-Wave Quantum Inc (NYSE:QBTS) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

RQ0:Germany

Address

3033 Beta Avenue, Burnaby, BC, CAN, V5G 4M9

Website

https://www.dwavesys.com

D-Wave Quantum Inc is engaged in the development and delivery of quantum computing systems, software, and services, and is also a commercial supplier of quantum computers. It delivers customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. Geographically, it derives a majority of its revenue from the United States.

Executives

Diane Nguyen	officer: General Counsel	3033 BETA AVENUE, BURNABY A1 V5G4M9
Victoria Brydon	officer: See remarks	3033 BETA AVENUE, BURNABY A1 V5G 4M9
Smalley Philip Adam Iii	director	3033 BETA AVENUE, BURNABY A1 V5G4M9
Ziv Ehrenfeld	director	3033 BETA AVENUE, BURNABY A1 V5G4M9
Steven M West	director	3033 BETA AVENUE, BURNABY A1 V5G 4M9
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Goldman Sachs & Co. Llc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Stone Street 2014 Holdings, L.p.	10 percent owner	P.O BOX 309 UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
2014 Employee Offshore Aggregator, L.p.	10 percent owner	P.O BOX 309 UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
2014, L.p. Mbd	10 percent owner	200 WEST STREET, NEW YORK NY 10282-2198
Bridge Street 2014, L.p.	10 percent owner	200 WEST STREET, NEW YORK NY 10282-2198
Broad Street Principal Investments, L.l.c.	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Roger Biscay	director	1545 RIVER PARK DRIVE, SUITE 210, SACRAMENTO CA 95815
Alan E Baratz	director, officer: President & CEO	3033 BETA AVENUE, BURNABY A1 V5G 4M9
Gelderen Eduard Van	director	3033 BETA AVENUE, BURNABY A1 V5G 4M9