Quantum Computing (Quantum Computing) Accounts Receivable : $0.07 Mil (As of Dec. 2023)

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What is Quantum Computing Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Quantum Computing's accounts receivables for the quarter that ended in Dec. 2023 was $0.07 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Quantum Computing's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 79.08.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Quantum Computing's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.04.

Quantum Computing Accounts Receivable Historical Data

The historical data trend for Quantum Computing'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.

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Quantum Computing Accounts Receivable Chart

Quantum Computing Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

0.01

0.07

Quantum Computing Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															0.01	0.06	0.12	-	0.07

Quantum Computing Accounts Receivable Calculation

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

Quantum Computing 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.

Quantum Computing's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.065	/	0.075	*	91
=	79.08

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

Quantum Computing's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(2.059	+	0.75 * 0.065	+	0.5 * 0.073	-	5.46
-	0	-	0)	/	77.4514
=	-0.04

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.

Quantum Computing Accounts Receivable Related Terms

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Quantum Computing (Quantum Computing) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Quantum Computing Inc (NAS:QUBT) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

215 Depot Court SE, Suite 215, Leesburg, VA, USA, 20175

Website

https://www.quantumcomputinginc.com

Quantum Computing Inc is focused on providing software tools and applications for quantum computers. Its products include the Qatalyst, Qatalyst Core, and Quantum Application Accelerator. Qatalyst enables developers to create and execute quantum-ready applications on conventional computers while being ready to run on quantum computers where those systems achieve performance advantage.

Executives

Robert Liscouski	director, 10 percent owner, officer: President, CEO	C/O IMPLANT SCIENCES CORPORATION, 500 RESEARCH DRIVE, WILMINGTON MA 01887
Christopher Boehmler	officer: Chief Financial Officer	1350 E CAPITOL ST NE, WASHINGTON DC 20003
Yuping Huang	director, 10 percent owner, officer: Chief Quantum Tech. Officer	815 BLANCH AVENUE, NORWOOD NJ 07648
Carl Scott Weimer	director	4751 SUMMERLIN PLACE, LONGMONT CO 80503
Michael C Turmelle	director	27 COUNTRY FARM WAY, STRATHAM NH 03885
William J Mcgann	director	C/O IMPLANT SCIENCE CORPORATION, 500 RESEARCH DRIVE, WILMINGTON MA 01887
David Charles Morris	officer: Chief Revenue Officer	144 DIABLO RANCH COURT, DANVILLE CA 94506
Robert B Fagenson	director	FAGENSON & CO. INC, 60 BROAD STREET, NEW YORK NY 10004
Bertrand Velge	director, 10 percent owner	BARNHOUSE FARM, BARNHOUSE LANE BROOKLAND, ROMNEY MARSH, KENT X0 TN299TR
Justin Schreiber	director	236 FIFTH AVENUE, SUITE 400, NEW YORK NY 10001
Christopher Bruce Roberts	director, officer: Chief Financial Officer	1014 PRIRY PLACE, MCLEAN VA 22101
Peter Anthony Schultz	10 percent owner	P.O. BOX 9024120, SAN JUAN PR 00902