Quhuo (QH) Change In Receivables : $7.7 Mil (TTM As of Jun. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Quhuo Change In Receivables?

Quhuo's change in receivables for the quarter that ended in Jun. 2024 was $4.6 Mil. It means Quhuo's Accounts Receivable declined by $4.6 Mil from Dec. 2023 to Jun. 2024 .

Quhuo's change in receivables for the fiscal year that ended in Dec. 2023 was $3.3 Mil. It means Quhuo's Accounts Receivable declined by $3.3 Mil from Dec. 2022 to Dec. 2023 .

Quhuo's Accounts Receivable for the quarter that ended in Jun. 2024 was $61.1 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. Quhuo's Days Sales Outstanding for the six months ended in Jun. 2024 was 49.92.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Quhuo's liquidation value for the six months ended in Jun. 2024 was $-9.7 Mil.

Quhuo Change In Receivables Historical Data

The historical data trend for Quhuo'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.

* Premium members only.

Quhuo Change In Receivables Chart

Quhuo Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-14.40

-12.06

-21.07

1.88

3.27

Quhuo Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial							6.17	-4.04	0.13	3.13	4.57

Quhuo 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $7.7 Mil.

Quhuo (NAS:QH) 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.

Quhuo's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	61.078	/	223.295	*	91
=	49.92

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

Quhuo's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	14.328	-	69.806	+	0.75 * 61.078	+	0.5 * 0
=	-9.7

Quhuo Change In Receivables Related Terms

Thank you for viewing the detailed overview of Quhuo's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Quhuo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Quhuo Ltd (NAS:QH) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

9J40:Germany

Address

Huihe South Street, 3F, Building A, No. 1 South Bank, Xinanmen, Chaoyang District, Beijing, CHN, 100020

Website

https://www.quhuo.cn

Quhuo Ltd is a gig economy platform in China. The company provides tech-enabled, end-to-end operational solutions to consumer service businesses in industries with e-commerce exposure, including food delivery, ride-hailing, housekeeping, bike-sharing, and other services. The company generates revenue predominantly from service fees paid by its industry customers, and to a lesser extent, from rental fees under its car leasing agreements with drivers engaged in the ride-hailing solutions. It derives all of its revenue from the PRC. The company's revenues are categorized into On-demand delivery solutions; Mobility service solutions; Housekeeping solutions and other services. The On-demand delivery solutions generate key revenue for the firm.