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QURT (Quarta-Rad) Accounts Receivable : $0.01 Mil (As of Dec. 2024)


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What is Quarta-Rad Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Quarta-Rad's accounts receivables for the quarter that ended in Dec. 2024 was $0.01 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Quarta-Rad's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 14.80.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Quarta-Rad's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-0.02.


Quarta-Rad Accounts Receivable Historical Data

The historical data trend for Quarta-Rad'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.

Quarta-Rad Accounts Receivable Chart

Quarta-Rad 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 0.05 0.07 0.06 0.01 0.01

Quarta-Rad 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 0.01 0.01 0.01 0.02 0.01

Quarta-Rad Accounts Receivable Calculation

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


Quarta-Rad 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.

Quarta-Rad's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.006/0.037*91
=14.80

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

Quarta-Rad'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)
=(0.063+0.75 * 0.006+0.5 * 0.003-0.401
-0-0)/15.674
=-0.02

* 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.


Quarta-Rad Accounts Receivable Related Terms

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Quarta-Rad Business Description

Traded in Other Exchanges
N/A
Address
1201 N. Orange Street, Suite 700, Wilmington, DE, USA, 19801-1186
Quarta-Rad Inc is a manufacturer and world-wide distributor of radioactivity detection equipment and air quality measurement instruments. Its products include radiation detectors, EMI Detection Equipment, Light and brightness Detection Equipment, and radon monitors. It distributes and sells detection devices for homeowners, homebuilders, and home renovation contractors. It has two operating segments through the operations of Quarta-Rad and Sellavir. The majority of revenue is from the Quarta-Rad segment.
Executives
Victor Shvetsky director, 10 percent owner, officer: Chief Executive Officer 23078 VIA PIMIENTO, MISSION VIEJO CA 92691
Alexey Golovanov director, 10 percent owner, officer: President 2-99, B.TULSKAYA, MOSCOW 1Z 115191

Quarta-Rad Headlines

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