QPS Holdings (FRA:4KT) Change In Receivables: €0.00 Mil (TTM As of May. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:4KT QPS Holdings Inc FRA:4KT
28 GF Score
Price €9.95
GF Value €12.20
! 4 Warning Signs
View Full Analysis

What is QPS Holdings Change In Receivables?

QPS Holdings FRA:4KT +2.88% 28 Change In Receivables is €0.00 Mil as of May. 2026. GuruFocus rates FRA:4KT with a GF Score™ of 28/100 and a GF Value™ of €12.20. The stock has 4 warning signs investors should review.

QPS Holdings's change in receivables for the quarter that ended in May. 2026 was €0.00 Mil. It means QPS Holdings's Accounts Receivable stayed the same from Feb. 2026 to May. 2026 .

QPS Holdings's change in receivables for the fiscal year that ended in May. 2026 was €-6.84 Mil. It means QPS Holdings's Accounts Receivable increased by €6.84 Mil from May. 2025 to May. 2026 .

QPS Holdings's Accounts Receivable for the quarter that ended in May. 2026 was €0.01 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. QPS Holdings's Days Sales Outstanding for the three months ended in May. 2026 was 0.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. QPS Holdings's liquidation value for the three months ended in May. 2026 was €56.77 Mil.


QPS Holdings  (FRA:4KT) 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.

QPS Holdings's Days Sales Outstanding for the quarter that ended in May. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.011/11.864*91
=0.08

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

QPS Holdings's liquidation value for the quarter that ended in May. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=115.004-58.357+0.75 * 0.011+0.5 * 0.233
=56.77

* 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.


QPS Holdings Change In Receivables Related Terms


QPS Holdings Change In Receivables Historical Data

* Premium members only.

The historical data trend for QPS Holdings'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.

QPS Holdings Change In Receivables Chart

QPS Holdings Annual Data
Trend May22 May23 May24 May25 May26
Change In Receivables
-0.88 -0.22 -9.19 9.39 -6.84

QPS Holdings Quarterly Data
May22 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Feb26 May26
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
FRA:4KT
28GF Score
QPS Holdings Inc FRA:4KT
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

QPS Holdings 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 May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.00 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 €0.00 Mil mean?
QPS Holdings (FRA:4KT) has a Change In Receivables of €0.00 Mil as of May. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for QPS Holdings and its competitors.
Is QPS Holdings' Change In Receivables too high?
QPS Holdings' current Change In Receivables is €0.00 Mil. Overall, QPS Holdings has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does QPS Holdings' Change In Receivables compare to SPCX and GE?
QPS Holdings' Change In Receivables of €0.00 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Change In Receivables depends on the Aerospace & Defense 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 QPS Holdings and its competitors. QPS Holdings's current Change In Receivables is €0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QPS Holdings stock overvalued right now?
QPS Holdings (FRA:4KT) has a current Change In Receivables of €0.00 Mil. The stock's GF Value™ is €12.20, compared to a current price of €9.95 — trading 18.5% below its estimated fair value. The current Change In Receivables is €0.00 Mil. QPS Holdings' overall GF Score™ is 28/100 with 4 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 QPS Holdings (FRA:4KT), the current Change In Receivables is €0.00 Mil as of May. 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 QPS Holdings (FRA:4KT) Overvalued in 2026?

Based on GuruFocus' analysis, QPS Holdings stock appears to be undervalued. The current stock price of €9.95 is trading 18.5% below its estimated GF Value™ of €12.20.

Key valuation signals for FRA:4KT:

  • Change In Receivables: €0.00 Mil
  • GF Value™: €12.20 vs. price of €9.95 (18.5% below fair value)
  • GF Score™: 28/100 with 4 warning signs

No single metric tells the full story. See the FRA:4KT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


QPS Holdings Business Description

Other Exchanges 464A:Japan
Address 1-15-35 Tenjin, 6th Floor Rengo Fukuoka Tenjin Building, Chuo-ku, Fukuoka-shi, Fukuoka, JPN, 810-0001
QPS Holdings Inc, formerly known as QPS Research Institute Co Ltd is engaged in the Development, manufacture, operation, Acquisition and sale of SAR image data from small SAR satellites.
28GF Score

Get the complete analysis for FRA:4KT

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

€9.95
Price
€12.20
GF Value