BTQNF (BQE Water) Change In Receivables: $1.10 Mil (TTM As of Mar. 2026)

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BTQNF BQE Water Inc BTQNF
77 GF Score
Price $50.00
GF Value $56.68
Valuation Modestly Undervalued
! 3 Warning Signs
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What is BQE Water Change In Receivables?

BQE Water BTQNF 77 Change In Receivables is $1.10 Mil as of Mar. 2026. GuruFocus rates BTQNF with a GF Score™ of 77/100 and a GF Value™ of $56.68 (Modestly Undervalued). The stock has 3 warning signs investors should review.

BQE Water's change in receivables for the quarter that ended in Mar. 2026 was $0.69 Mil. It means BQE Water's Accounts Receivable declined by $0.69 Mil from Dec. 2025 to Mar. 2026 .

BQE Water's change in receivables for the fiscal year that ended in Dec. 2025 was $-0.98 Mil. It means BQE Water's Accounts Receivable increased by $0.98 Mil from Dec. 2024 to Dec. 2025 .

BQE Water's Accounts Receivable for the quarter that ended in Mar. 2026 was $3.15 Mil.

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 Receivable are being managed. BQE Water's Days Sales Outstanding for the three months ended in Mar. 2026 was 82.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. BQE Water's liquidation value for the three months ended in Mar. 2026 was $10.60 Mil.


BQE Water  (OTCPK:BTQNF) Change In Receivables 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 Receivable are being managed.

BQE Water's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.149/3.499*91
=82.12

2. In Ben Graham's calculation of liquidation value, BQE Water's accounts receivable are only considered to be worth 75% of book value:

BQE Water's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=13.271-5.034+0.75 * 3.149+0.5 * 0
=10.60

* 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.


BQE Water Change In Receivables Related Terms


BQE Water Change In Receivables Historical Data

* Premium members only.

The historical data trend for BQE Water's Change In Receivables 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.

BQE Water Change In Receivables Chart

BQE Water Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.19 -0.89 -1.17 -0.01 -0.98

BQE Water Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Receivables 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 -1.34 -0.20 -0.70 1.32 0.69
BTQNF
77GF Score
BQE Water Inc BTQNF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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BQE Water Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.10 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $1.10 Mil mean?
BQE Water (BTQNF) has a Change In Receivables of $1.10 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for BQE Water and its competitors.
Is BQE Water's Change In Receivables too high?
BQE Water's current Change In Receivables is $1.10 Mil. Overall, BQE Water has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BQE Water's Change In Receivables compare to WM and RSG?
BQE Water's Change In Receivables of $1.10 Mil can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Waste Management company?
A good Change In Receivables depends on the Waste Management industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for BQE Water and its competitors. BQE Water's current Change In Receivables is $1.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BQE Water stock overvalued right now?
Based on GuruFocus' analysis, BQE Water (BTQNF) is currently considered Modestly Undervalued. The stock's GF Value™ is $56.68, compared to a current price of $50.00 — trading 11.8% below its estimated fair value. The current Change In Receivables is $1.10 Mil. BQE Water's overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For BQE Water (BTQNF), the current Change In Receivables is $1.10 Mil as of Mar. 2026. 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.

Is BQE Water (BTQNF) Overvalued in 2026?

Based on GuruFocus' analysis, BQE Water stock appears to be undervalued. The current stock price of $50.00 is trading 11.8% below its estimated GF Value™ of $56.68. GuruFocus considers BQE Water to be Modestly Undervalued.

Key valuation signals for BTQNF:

  • Change In Receivables: $1.10 Mil
  • GF Value™: $56.68 vs. price of $50.00 (11.8% below fair value)
  • GF Score™: 77/100 with 3 warning signs

No single metric tells the full story. See the BTQNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BQE Water Business Description

Other Exchanges UL5A:GermanyBQE:Canada
Address 30 East 6th Avenue, Suite 200, Vancouver, BC, CAN, V5T 1J4
BQE Water Inc is a service provider specializing in water treatment and management for metals mining, smelting and refining. It is helping to transform the way the industry thinks about water in the context of natural resource projects by offering services and expertise that enable more sustainable water management practices and improved overall project performance at reduced risks. BQE Water invests in and has developed intellectual property through the commercialization of several new technologies at mine sites around the world for organizations including Glencore, Jiangxi Copper, Freeport-McMoRan and the US EPA.
77GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$50.00
Price
$56.68
GF Value