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Quantum Healthcare (Quantum Healthcare) Accounts Receivable : $1.39 Mil (As of Dec. 2023)


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What is Quantum Healthcare Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Quantum Healthcare's accounts receivables for the quarter that ended in Dec. 2023 was $1.39 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Quantum Healthcare's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.00.


Quantum Healthcare Accounts Receivable Historical Data

The historical data trend for Quantum Healthcare'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.

Quantum Healthcare Accounts Receivable Chart

Quantum Healthcare 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 0.29 - 0.02 0.92 1.39

Quantum Healthcare Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.02 1.01 0.92 1.71 1.39

Quantum Healthcare Accounts Receivable Calculation

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


Quantum Healthcare 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.386/0*91
=

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

Quantum Healthcare'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)
=(0.559+0.75 * 1.386+0.5 * 0.028-12.055
-0-0.628)/7464.5
=-0.00

* 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.


Quantum Healthcare Accounts Receivable Related Terms

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Quantum Healthcare (Quantum Healthcare) Business Description

Traded in Other Exchanges
Address
8 Temasek Boulevard, Level 42, Suntec Tower Three, Singapore, SGP, 038988
Quantum Healthcare Ltd formerly QT Vascular Ltd engages in the development and distribution of therapeutic solutions for the treatment of vascular diseases. It designs, assembles, and distributes therapeutic solutions for the minimally invasive treatment of complex vascular diseases. Healthcare Business also includes the provision of dental services, and operations management and consultancy services, Medical Equipment Business includes the research, development, and design of medical equipment and other related products of geriatric medical rehabilitation equipment and others.

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