GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Quintis Ltd (GREY:TFSCY) » Definitions » Accounts Receivable

Quintis (Quintis) Accounts Receivable : $25.98 Mil (As of Jun. 2017)


View and export this data going back to 2013. Start your Free Trial

What is Quintis Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Quintis's accounts receivables for the quarter that ended in Jun. 2017 was $25.98 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Quintis's Days Sales Outstanding for the quarter that ended in Jun. 2017 was 616.73.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Quintis's Net-Net Working Capital per share for the quarter that ended in Jun. 2017 was $-23.58.


Quintis Accounts Receivable Historical Data

The historical data trend for Quintis'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.

Quintis Accounts Receivable Chart

Quintis Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.06 61.05 47.88 47.83 25.98

Quintis Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
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 47.88 55.95 47.83 63.49 25.98

Quintis Accounts Receivable Calculation

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


Quintis 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.

Quintis's Days Sales Outstanding for the quarter that ended in Jun. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=25.977/7.687*91
=616.73

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

Quintis's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2017 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)
=(19.772+0.75 * 25.977+0.5 * 26.989-420.759
-0-0)/15.61
=-23.58

* 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.


Quintis Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Quintis's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Quintis (Quintis) Business Description

Traded in Other Exchanges
N/A
Address
171-173 Mounts Bay Road, Level 2, Perth, WA, AUS, 6000
Quintis Ltd engages in the cultivation of Indian sandalwood and production of sandalwood oil. It operates in four segments. The Plantation Management segment which dominates firm's revenue is responsible for the promotion and sales of Indian sandalwood lots; establishment, maintenance, and harvesting of Indian Sandalwood plantations on behalf of the growers and group owned plantations; and end-market research and establishment of end-market agreements. The Finance segment provides financial assistance to growers to purchase sandalwood lots. The Sandalwood Products segment manufactures sandalwood oil and products for resale. The Pharmaceutical segment focuses in the research and development of pharmaceutical and biopharmaceutical products for commercializing.

Quintis (Quintis) Headlines

No Headlines