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Corner Growth Acquisition (Corner Growth Acquisition) Accounts Receivable : $0.00 Mil (As of Dec. 2023)


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What is Corner Growth Acquisition Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Corner Growth Acquisition's accounts receivables for the quarter that ended in Dec. 2023 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. Corner Growth Acquisition's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-1.21.


Corner Growth Acquisition Accounts Receivable Historical Data

The historical data trend for Corner Growth Acquisition'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.

* Premium members only.

Corner Growth Acquisition Accounts Receivable Chart

Corner Growth Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
- - - -

Corner Growth Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Corner Growth Acquisition Accounts Receivable Calculation

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


Corner Growth Acquisition 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.

Corner Growth Acquisition's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

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

Corner Growth Acquisition's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(0.022+0.75 * 0+0.5 * 0-12.682
-0-0)/10.4199
=-1.21

* 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.


Corner Growth Acquisition Accounts Receivable Related Terms

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Corner Growth Acquisition (Corner Growth Acquisition) Business Description

Traded in Other Exchanges
Address
251 Lytton Avenue, Suite 200, Palo Alto, CA, USA, 94301
Corner Growth Acquisition Corp is a blank check company.
Executives
John J. Cadeddu director, 10 percent owner 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Alexandre Balkanski director 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Jason Park director 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Marvin Tien director, officer: Chief Executive Officer C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Cga Sponsor, Llc 10 percent owner 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Jane Batzofin officer: President C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
David Kutcher officer: Chief Financial Officer C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
John Mulkey director C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Kevin Tanaka officer: DCD C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301