Quartix Technologies (LSE:QTX) Change In Receivables: £-0.31 Mil (TTM As of Jun. 2026)

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LSE:QTX Quartix Technologies PLC LSE:QTX
70 GF Score
Price £2.30
GF Value £2.45
Valuation Fairly Valued
! 3 Warning Signs
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What is Quartix Technologies Change In Receivables?

Quartix Technologies LSE:QTX +6.98% 70 Change In Receivables is £-0.31 Mil as of Jun. 2026. GuruFocus rates LSE:QTX with a GF Score™ of 70/100 and a GF Value™ of £2.45 (Fairly Valued). The stock has 3 warning signs investors should review.

Quartix Technologies's change in receivables for the quarter that ended in Jun. 2026 was £-0.48 Mil. It means Quartix Technologies's Accounts Receivable increased by £0.48 Mil from Dec. 2025 to Jun. 2026 .

Quartix Technologies's change in receivables for the fiscal year that ended in Dec. 2025 was £-0.43 Mil. It means Quartix Technologies's Accounts Receivable increased by £0.43 Mil from Dec. 2024 to Dec. 2025 .

Quartix Technologies's Accounts Receivable for the quarter that ended in Jun. 2026 was £5.06 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. Quartix Technologies's Days Sales Outstanding for the six months ended in Jun. 2026 was 47.69.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Quartix Technologies's liquidation value for the six months ended in Jun. 2026 was £-2.85 Mil.


Quartix Technologies  (LSE:QTX) 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.

Quartix Technologies's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.059/19.358*91
=47.69

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

Quartix Technologies's liquidation value for the quarter that ended in Jun. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=4.767-11.433+0.75 * 5.059+0.5 * 0.042
=-2.85

* 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.


Quartix Technologies Change In Receivables Related Terms


Quartix Technologies Change In Receivables Historical Data

* Premium members only.

The historical data trend for Quartix Technologies'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.

Quartix Technologies Change In Receivables Chart

Quartix Technologies 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 -0.24 -0.52 -0.60 0.01 -0.43

Quartix Technologies Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 -0.12 0.14 -0.60 0.17 -0.48
LSE:QTX
70GF Score
Quartix Technologies PLC LSE:QTX
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Quartix Technologies 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 Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.31 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 £-0.31 Mil mean?
Quartix Technologies (LSE:QTX) has a Change In Receivables of £-0.31 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Quartix Technologies and its competitors.
Is Quartix Technologies' Change In Receivables too high?
Quartix Technologies' current Change In Receivables is £-0.31 Mil. Overall, Quartix Technologies has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Quartix Technologies' Change In Receivables compare to GRMN and COHR?
Quartix Technologies' Change In Receivables of £-0.31 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Change In Receivables depends on the Hardware 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 Quartix Technologies and its competitors. Quartix Technologies's current Change In Receivables is £-0.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quartix Technologies stock overvalued right now?
Based on GuruFocus' analysis, Quartix Technologies (LSE:QTX) is currently considered Fairly Valued. The stock's GF Value™ is £2.45, compared to a current price of £2.30 — trading 6.1% below its estimated fair value. The current Change In Receivables is £-0.31 Mil. Quartix Technologies' overall GF Score™ is 70/100 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 Quartix Technologies (LSE:QTX), the current Change In Receivables is £-0.31 Mil as of Jun. 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 Quartix Technologies (LSE:QTX) Overvalued in 2026?

Based on GuruFocus' analysis, Quartix Technologies stock appears to be undervalued. The current stock price of £2.30 is trading 6.1% below its estimated GF Value™ of £2.45. GuruFocus considers Quartix Technologies to be Fairly Valued.

Key valuation signals for LSE:QTX:

  • Change In Receivables: £-0.31 Mil
  • GF Value™: £2.45 vs. price of £2.30 (6.1% below fair value)
  • GF Score™: 70/100 with 3 warning signs

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


Quartix Technologies Business Description

Address One Cambridge Square, Cambridge North, Cambridge, GBR, CB3 0AX
Quartix Technologies PLC is a supplier of subscription-based vehicle tracking systems, software and services. The Group provides an integrated tracking and telematics data analysis solution for fleets of commercial vehicles that is designed to improve productivity and lower costs by capturing, analyzing and reporting vehicle and driver data. The group's revenue by geographical markets is highest in the United Kingdom, followed by France, other European territories, and the United States of America. The features offered by the company are : Live Tracking, Trip Reports, Geofencing, Driver Behaviour and Others. The solutions offered by the company are: GPS Vehicle Tracking, Fleet Management Software, and Commercial Dashcams.
70GF Score

Get the complete analysis for LSE:QTX

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

£2.30
Price
£2.45
GF Value