Queen's Road Capital Investment (Queen's Road Capital Investment) Change In Receivables : $0.01 Mil (TTM As of Feb. 2024)

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What is Queen's Road Capital Investment Change In Receivables?

Queen's Road Capital Investment's change in receivables for the quarter that ended in Feb. 2024 was $0.05 Mil. It means Queen's Road Capital Investment's Accounts Receivable declined by $0.05 Mil from Nov. 2023 to Feb. 2024 .

Queen's Road Capital Investment's change in receivables for the fiscal year that ended in Aug. 2023 was $-0.41 Mil. It means Queen's Road Capital Investment's Accounts Receivable increased by $0.41 Mil from Aug. 2022 to Aug. 2023 .

Queen's Road Capital Investment's Accounts Receivable for the quarter that ended in Feb. 2024 was $1.93 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. Queen's Road Capital Investment's Days Sales Outstanding for the three months ended in Feb. 2024 was 32.91.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Queen's Road Capital Investment's liquidation value for the three months ended in Feb. 2024 was $-16.64 Mil.

Queen's Road Capital Investment Change In Receivables Historical Data

The historical data trend for Queen's Road Capital Investment'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.

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Queen's Road Capital Investment Change In Receivables Chart

Queen's Road Capital Investment Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Receivables

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0.01

-0.02

0.02

-0.10

-0.41

Queen's Road Capital Investment Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial															0.06	-0.06	-0.43	0.46	0.05

Queen's Road Capital Investment 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.01 Mil.

Queen's Road Capital Investment (OTCPK:BRSGF) 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.

Queen's Road Capital Investment's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.927	/	5.343	*	91
=	32.91

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

Queen's Road Capital Investment's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5.31	-	23.399	+	0.75 * 1.927	+	0.5 * 0
=	-16.64

Queen's Road Capital Investment Change In Receivables Related Terms

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Queen's Road Capital Investment (Queen's Road Capital Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Queen's Road Capital Investment Ltd (OTCPK:BRSGF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

47U:Germany QRC:Canada

Address

2 Queen’s Road Central, Suite 2006, Cheung Kong Centre, Hong Kong, HKG

Website

https://www.queensrdcapital.com

Queen's Road Capital Investment Ltd is a resource-focused investment company. It invests in privately held and publicly traded resource companies and has one operating segment, being the selection, acquisition, and management of investments. The company acquires and holds securities for long-term capital appreciation, with a focus on convertible debt securities and resource projects in development or production located in safe jurisdictions.

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