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QEP Midstream Partners LP (FRA:1QM) Change In Receivables : €20.1 Mil (TTM As of Mar. 2015)


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What is QEP Midstream Partners LP Change In Receivables?

QEP Midstream Partners LP's change in receivables for the quarter that ended in Mar. 2015 was €0.9 Mil. It means QEP Midstream Partners LP's Accounts Receivable declined by €0.9 Mil from Dec. 2014 to Mar. 2015 .

QEP Midstream Partners LP's change in receivables for the fiscal year that ended in Dec. 2014 was €21.5 Mil. It means QEP Midstream Partners LP's Accounts Receivable declined by €21.5 Mil from Dec. 2013 to Dec. 2014 .

QEP Midstream Partners LP's Accounts Receivable for the quarter that ended in Mar. 2015 was €16.6 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. QEP Midstream Partners LP's Days Sales Outstanding for the three months ended in Mar. 2015 was 46.93.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. QEP Midstream Partners LP's liquidation value for the three months ended in Mar. 2015 was €-194.5 Mil.


QEP Midstream Partners LP Change In Receivables Historical Data

The historical data trend for QEP Midstream Partners LP'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.

QEP Midstream Partners LP Change In Receivables Chart

QEP Midstream Partners LP Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Change In Receivables
-6.38 -1.83 -6.06 21.49

QEP Midstream Partners LP Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.89 -10.38 3.10 26.44 0.92

QEP Midstream Partners LP 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 Mar. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €20.1 Mil.

* 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.


QEP Midstream Partners LP  (FRA:1QM) 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.

QEP Midstream Partners LP's Days Sales Outstanding for the quarter that ended in Mar. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=16.632/32.34*91
=46.93

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

QEP Midstream Partners LP's liquidation value for the quarter that ended in Mar. 2015 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=7.392-214.368+0.75 * 16.632+0.5 * 0
=-194.5

* 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.


QEP Midstream Partners LP Change In Receivables Related Terms

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QEP Midstream Partners LP (FRA:1QM) Business Description

Traded in Other Exchanges
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Address
QEP Midstream Partners LP provides gathering, compression and transportation services to producers and users of natural gas and crude oil. Its assets consist of ownership interests in four gathering systems and two FERC-regulated pipelines. Its assets are located in the Green River Basin located in Wyoming and Colorado, the Uinta Basin located in eastern Utah, and the portion of the Williston Basin located in North Dakota. The company derives revenues from the fee-based agreements.

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