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Edify Acquisition (Edify Acquisition) Accounts Receivable : $0.00 Mil (As of Sep. 2023)


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What is Edify Acquisition Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Edify Acquisition's accounts receivables for the quarter that ended in Sep. 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. Edify Acquisition's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-1.01.


Edify Acquisition Accounts Receivable Historical Data

The historical data trend for Edify 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.

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Edify Acquisition Accounts Receivable Chart

Edify Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Accounts Receivable
- - -

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

Edify Acquisition Accounts Receivable Calculation

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


Edify 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.

Edify Acquisition's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

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

Edify Acquisition's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.058+0.75 * 0+0.5 * 0-8.018
-0-0)/7.89043
=-1.01

* 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.


Edify Acquisition Accounts Receivable Related Terms

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Edify Acquisition (Edify Acquisition) Business Description

Traded in Other Exchanges
Address
888 7th Avenue, Floor 29, New York, NY, USA, 10106
Edify Acquisition Corp is a blank check company.
Executives
Peter Ma officer: Chief Executive Officer 888 7TH AVENUE, FLOOR 29, NEW YORK NY 10106
Rosamund M. Elsie-mitchell director 888 7TH AVENUE, FLOOR 29, NEW YORK NY 10106
Ronald H. Schlosser director 888 7TH AVENUE, FLOOR 29, NEW YORK NY 10106
Susan Wolford director 888 7TH AVENUE, FLOOR 29, NEW YORK NY 10106
Morris Beyda officer: Chief Financial Officer 888 7TH AVENUE, FLOOR 29, NEW YORK NY 10106
Jason Colodne director, 10 percent owner 888 7TH AVENUE, FLOOR 29, NEW YORK NY 10106
Jason Beckman director, 10 percent owner 888 7TH AVENUE, FLOOR 29, NEW YORK NY 10106
Colbeck Edify Holdings, Llc 10 percent owner 888 7TH AVENUE, FLOOR 29, NEW YORK NY 10106