What Is Quantum Computing? Quantum computing is an area of computer science that uses the principles of quantum theory. Quantum theory explains the behavior of energy and material on the atomic and subatomic levels. Quantum computing uses subatomic particles, such as electrons or photons. Quantum bits, or qubits, allow these particles to exist in more
What Is a Fiscal Quarter (Q1, Q2, Q3, Q4)? A quarter is a three-month period on a company’s financial calendar that acts as a basis for periodic financial reports and the paying of dividends. A quarter refers to one-fourth of a year and is typically expressed as Q1 for the first quarter, Q2 for the
What Is Quarterly Revenue Growth? Quarterly revenue growth is an increase in a company’s sales in one quarter compared to sales of a different quarter. The current quarter’s sales figure can be compared on a year-over-year basis (e.g., 3Q sales of Year 1 compared with 3Q sales of Year 2) or sequentially (3Q sales of
What Is Quarter Over Quarter (Q/Q)? Quarter over quarter (Q/Q) is a measure of an investment or a company’s growth from one quarter to the next. Q/Q growth is most commonly used to compare a company’s growth in profits or revenue although it can also be used to describe changes in an economy’s money supply
What Is a Quasi Contract? Quasi contract is another name for a contract implied in law, which acts as a remedy for a dispute between two parties that don’t have a contract. A quasi contract is a legal obligation—not a traditional contract—which is decided by a judge for one party to compensate the other. Thus
What Is Queuing Theory? Queuing theory is a branch of mathematics that studies how lines form, how they function, and why they malfunction. Queuing theory examines every component of waiting in line, including the arrival process, service process, number of servers, number of system places, and the number of customers—which might be people, data packets
What Are Quick Assets? Quick assets refer to assets owned by a company with a commercial or exchange value that can easily be converted into cash or that are already in a cash form. Quick assets are therefore considered to be the most highly liquid assets held by a company. They include cash and equivalents, marketable
What Is the Quick Liquidity Ratio? The quick liquidity ratio is the total amount of a company’s quick assets divided by the sum of its net liabilities, and for insurance companies includes reinsurance liabilities. In other words, it shows how much easily-convertible-to-money assets, such as cash, short-term investments, equities, and corporate and government bonds nearing maturity, an insurance company
What Is the Quick Ratio? The quick ratio is an indicator of a company’s short-term liquidity position and measures a company’s ability to meet its short-term obligations with its most liquid assets. Since it indicates the company’s ability to instantly use its near-cash assets (assets that can be converted quickly to cash) to pay down
What Is a Quick Response (QR) Code? A quick response (QR) code is a type of barcode that can be read easily by a digital device and which stores information as a series of pixels in a square-shaped grid. QR codes are frequently used to track information about products in a supply chain and often
