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Quest for Growth NV (XBRU:QFG) Accounts Receivable : €0.00 Mil (As of Mar. 2024)


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What is Quest for Growth NV Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Quest for Growth NV's accounts receivables for the quarter that ended in Mar. 2024 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. Quest for Growth NV's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €0.40.


Quest for Growth NV Accounts Receivable Historical Data

The historical data trend for Quest for Growth NV'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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Quest for Growth NV Accounts Receivable Chart

Quest for Growth NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Quest for Growth NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Quest for Growth NV Accounts Receivable Calculation

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


Quest for Growth NV 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.

Quest for Growth NV's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/-1.154*91
=

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

Quest for Growth NV's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(7.525+0.75 * 0+0.5 * 0-0.04
-0-0)/18.734
=0.40

* 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.


Quest for Growth NV Accounts Receivable Related Terms

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Quest for Growth NV (XBRU:QFG) Business Description

Traded in Other Exchanges
N/A
Address
Lei 19 box 3, Leuven, BEL, B-3000
Quest for Growth NV is a closed-end private equity fund. Its mission is to invest in growth companies to realize capital gains that can be paid out to the shareholders without withholding tax being due. Quest for Growth invests in both quoted and unquoted growth companies. The company covers sectors such as life sciences, information technology, software, semiconductors, telecom, Health Care Equipment & Services, Electrical & Engineering, new materials and special situations in other growth sectors. The Company has three reportable segments: Investments in quoted equities, investments in venture and growth capital, and investments in venture and growth funds.

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