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QLY Biotech Group (QLY Biotech Group) Accounts Receivable : $0.00 Mil (As of Feb. 2023)


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What is QLY Biotech Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. QLY Biotech Group's accounts receivables for the quarter that ended in Feb. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. QLY Biotech Group's Net-Net Working Capital per share for the quarter that ended in Feb. 2023 was $-0.01.


QLY Biotech Group Accounts Receivable Historical Data

The historical data trend for QLY Biotech Group's Accounts Receivable 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.

QLY Biotech Group Accounts Receivable Chart

QLY Biotech Group Annual Data
Trend Aug19 Aug20 Aug21 Aug22
Accounts Receivable
- - - -

QLY Biotech Group Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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QLY Biotech Group Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


QLY Biotech Group Accounts Receivable 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 receivables are being managed.

QLY Biotech Group's Days Sales Outstanding for the quarter that ended in Feb. 2023 is calculated as:

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), QLY Biotech Group's accounts receivable are only considered to be worth 75% of book value:

QLY Biotech Group's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-0.02
-0-0)/3.895
=-0.01

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


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QLY Biotech Group (QLY Biotech Group) Business Description

Traded in Other Exchanges
N/A
Address
5348 Vegas Drive, Las Vegas, NV, USA, 89108
Website
QLY Biotech Group Corp is a United States based company engaged in the tourism business.

QLY Biotech Group (QLY Biotech Group) Headlines

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