RQHTF (Reliq Health Technologies) Accounts Receivable: $2.28 Mil (As of Sep. 2022)

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RQHTF Reliq Health Technologies Inc RQHTF
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What is Reliq Health Technologies Accounts Receivable?

Reliq Health Technologies RQHTF -99.99% 10 Accounts Receivable is $2.28 Mil as of Sep. 2022. GuruFocus rates RQHTF with a GF Score™ of 10/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Reliq Health Technologies's accounts receivables for the quarter that ended in Sep. 2022 was $2.28 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Reliq Health Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2022 was 79.86.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Reliq Health Technologies's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was $-0.01.

Reliq Health Technologies 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.

Reliq Health Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.278/2.603*91
=79.86

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

Reliq Health Technologies's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 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)
=(0.131+0.75 * 2.278+0.5 * 0.245-4.491
-0-0)/190.431
=-0.01

* 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.

Reliq Health Technologies Accounts Receivable Related Terms

Reliq Health Technologies Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Reliq Health Technologies'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.

Reliq Health Technologies Accounts Receivable Chart

Reliq Health Technologies Annual Data
Trend Dec13 Dec14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.12 0.77 1.80 1.86

Reliq Health Technologies Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 3.03 4.33 5.85 1.86 2.28
RQHTF
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Reliq Health Technologies Inc RQHTF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Reliq Health Technologies Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $2.28 Mil mean?
Reliq Health Technologies (RQHTF) has a Accounts Receivable of $2.28 Mil as of Sep. 2022. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Reliq Health Technologies and its competitors.
Is Reliq Health Technologies' Accounts Receivable too high?
Reliq Health Technologies' current Accounts Receivable is $2.28 Mil. Overall, Reliq Health Technologies has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Reliq Health Technologies' Accounts Receivable compare to VEEV and GEHC?
Reliq Health Technologies' Accounts Receivable of $2.28 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Healthcare Providers & Services company?
A good Accounts Receivable depends on the Healthcare Providers & Services industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Reliq Health Technologies and its competitors. Reliq Health Technologies's current Accounts Receivable is $2.28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliq Health Technologies stock overvalued right now?
Reliq Health Technologies (RQHTF) has a current Accounts Receivable of $2.28 Mil. The current Accounts Receivable is $2.28 Mil. Reliq Health Technologies' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Reliq Health Technologies (RQHTF), the current Accounts Receivable is $2.28 Mil as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Reliq Health Technologies Business Description

Address 175 Longwood Rd S., Suite 406A, Hamilton, ON, CAN, L8P 0A1
Reliq Health Technologies Inc specializes in developing Software-as-a-Service (SaaS) solutions for remote patient monitoring, telemedicine, and care collaboration. The company's IUGO health technology platform is a hardware and software solution that allows complex patients to receive high-quality care in the home, improving health outcomes, enhancing the quality of life for patients and families and reducing the cost of care delivery.
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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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