Q-Line Biotech (NSE:QLINE) Change In Receivables: ₹-511 Mil (TTM As of Mar. 2025)

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.

NSE:QLINE Q-Line Biotech Ltd NSE:QLINE
14 GF Score
Price ₹531.80
! 2 Warning Signs
View Full Analysis

What is Q-Line Biotech Change In Receivables?

Q-Line Biotech NSE:QLINE -1.12% 14 Change In Receivables is ₹-511 Mil as of Mar. 2025. GuruFocus rates NSE:QLINE with a GF Score™ of 14/100. The stock has 2 warning signs investors should review.

Q-Line Biotech's change in receivables for the quarter that ended in Mar. 2025 was ₹-511 Mil. It means Q-Line Biotech's Accounts Receivable increased by ₹511 Mil from Mar. 2024 to Mar. 2025 .

Q-Line Biotech's change in receivables for the fiscal year that ended in Mar. 2025 was ₹-511 Mil. It means Q-Line Biotech's Accounts Receivable increased by ₹511 Mil from Mar. 2024 to Mar. 2025 .

Q-Line Biotech's Accounts Receivable for the quarter that ended in Mar. 2025 was ₹826 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. Q-Line Biotech's Days Sales Outstanding for the six months ended in Mar. 2025 was 48.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Q-Line Biotech's liquidation value for the six months ended in Mar. 2025 was ₹-1,577 Mil.


Q-Line Biotech  (NSE:QLINE) 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.

Q-Line Biotech's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=826.025/3137.804*91
=48.04

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

Q-Line Biotech's liquidation value for the quarter that ended in Mar. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=7.962-2655.406+0.75 * 826.025+0.5 * 902.134
=-1,577

* 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.


Q-Line Biotech Change In Receivables Related Terms


Q-Line Biotech Change In Receivables Historical Data

* Premium members only.

The historical data trend for Q-Line Biotech'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.

Q-Line Biotech Change In Receivables Chart

Q-Line Biotech Annual Data
Trend Mar23 Mar24 Mar25
Change In Receivables
50.49 -216.00 -510.67

Q-Line Biotech Semi-Annual Data
Mar23 Mar24 Mar25
Change In Receivables 50.49 -216.00 -510.67
NSE:QLINE
14GF Score
Q-Line Biotech Ltd NSE:QLINE
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Q-Line Biotech 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2025 was ₹-511 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 ₹-511 Mil mean?
Q-Line Biotech (NSE:QLINE) has a Change In Receivables of ₹-511 Mil as of Mar. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Q-Line Biotech and its competitors.
Is Q-Line Biotech's Change In Receivables too high?
Q-Line Biotech's current Change In Receivables is ₹-511 Mil. Overall, Q-Line Biotech has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Q-Line Biotech's Change In Receivables compare to ABT and SYK?
Q-Line Biotech's Change In Receivables of ₹-511 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Change In Receivables depends on the Medical Devices & Instruments 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 Q-Line Biotech and its competitors. Q-Line Biotech's current Change In Receivables is ₹-511 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Q-Line Biotech stock overvalued right now?
Q-Line Biotech (NSE:QLINE) has a current Change In Receivables of ₹-511 Mil. The current Change In Receivables is ₹-511 Mil. Q-Line Biotech's overall GF Score™ is 14/100 with 2 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 Q-Line Biotech (NSE:QLINE), the current Change In Receivables is ₹-511 Mil as of Mar. 2025. 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.

Q-Line Biotech Business Description

Address Kanpur Road Adjacent Transport Nagar Metro Station, 298-281, Transport Nagar, Lucknow, UP, IND, 226012
Q-Line Biotech Ltd is engaged in the business of developing, manufacturing and marketing of diverse range of reagents (including kits and POC devices) & consumables and manufacturing, importing, distribution/supply of diagnostic equipment for different diagnostic healthcare needs. The company supplies diagnostic equipment and IVD products for different diagnostic healthcare needs directly or through its distributors majorly to diagnostic service providers, hospitals and medical colleges. It is engaged in Manufacturing and Trading into Biochemistry Regnant, Instruments and Consumables. The majority of revenue is derived from the Manufacturing segment.
14GF Score

Get the complete analysis for NSE:QLINE

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

₹531.80
Price