IonQ (IONQ) Change In Receivables : $-8.32 Mil (TTM As of Mar. 2024)

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What is IonQ Change In Receivables?

IonQ's change in receivables for the quarter that ended in Mar. 2024 was $1.90 Mil. It means IonQ's Accounts Receivable declined by $1.90 Mil from Dec. 2023 to Mar. 2024 .

IonQ's change in receivables for the fiscal year that ended in Dec. 2023 was $-8.18 Mil. It means IonQ's Accounts Receivable increased by $8.18 Mil from Dec. 2022 to Dec. 2023 .

IonQ's Accounts Receivable for the quarter that ended in Mar. 2024 was $8.56 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. IonQ's Days Sales Outstanding for the three months ended in Mar. 2024 was 103.07.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. IonQ's liquidation value for the three months ended in Mar. 2024 was $216.64 Mil.

IonQ Change In Receivables Historical Data

The historical data trend for IonQ'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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IonQ Change In Receivables Chart

IonQ Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-0.29

-0.32

-1.51

-8.18

IonQ Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial										2.04	0.03	-1.13	-9.12	1.90

IonQ 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.32 Mil.

IonQ (NYSE:IONQ) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	8.564	/	7.582	*	91
=	103.07

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

IonQ's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	266.185	-	64.093	+	0.75 * 8.564	+	0.5 * 16.249
=	216.64

IonQ Change In Receivables Related Terms

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IonQ (IONQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » IonQ Inc (NYSE:IONQ) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

4505 Campus Drive, College Park, MD, USA, 20740

Website

https://www.ionq.com

IonQ Inc sells access to several quantum computers of various qubit capacities and is in the process of researching and developing technologies for quantum computers with increasing computational capabilities. The company currently makes access to its quantum computers available via cloud platforms and also to select customers via its own cloud service. This cloud-based approach enables the broad availability of quantum-computing-as-a-service (QCaaS). The company derives its revenue from its quantum-computing-as-a-service arrangements, consulting services related to co-developing algorithms on company's quantum computing systems, and contracts associated with the design, development, and construction of specialized quantum computing systems together with related services.

Executives

Rima Alameddine	officer: Chief Revenue Officer	C/O IONQ, INC., 4505 CAMPUS DRIVE, COLLEGE PARK MD 20740
Peter Hume Chapman	director, officer: President and CEO	C/O IONQ, INC., 4505 CAMPUS DRIVE, COLLEGE PARK MD 20740
Jungsang Kim	director, officer: Chief Strategy Officer	C/O IONQ, INC., 4505 CAMPUS DRIVE, COLLEGE PARK MD 20740
Thomas G. Kramer	officer: Chief Financial Officer	C/O OPOWER, INC., 1515 NORTH COURTHOUSE ROAD, 8TH FLOOR, ARLINGTON VA 22201
Christopher Monroe	officer: Chief Scientist	C/O IONQ, INC., 4505 CAMPUS DRIVE, COLLEGE PARK MD 20740
Laurie A. Babinski	officer: General Counsel and Secretary	C/O IONQ, INC., 4505 CAMPUS DRIVE, COLLEGE PARK MD 20740
Wendy Thomas	director	C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
Kathryn K. Chou	director	C/O IONQ, INC., 4505 CAMPUS DRIVE, COLLEGE PARK MD 20740
New Enterprise Associates 15, L.p.	10 percent owner	1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM MD 21093
Gv 2016 Gp, L.l.c.	10 percent owner	1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW MA 94043
Inder M Singh	director	C/O UNISYS CORPORATION, 801 LAKEVIEW DRIVE, SUITE 100, BLUE BELL PA 19422
Harry L. You	director, 10 percent owner, officer: Chairman	EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
2019, L.p. Gv	10 percent owner	1600 AMPHITHEATRE PKWY, MOUNTAIN VIEW CA 94043
Gv 2019 Gp, L.p.	10 percent owner	1600 AMPHITHEATRE PKWY, MOUNTAIN VIEW CA 94043
Gv 2019 Gp, L.l.c.	10 percent owner	1600 AMPHITHEATRE PKWY, MOUNTAIN VIEW CA 94043