GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Forest Road Acquisition Corp (NYSE:FRX) » Definitions » Accounts Receivable

Forest Road Acquisition (Forest Road Acquisition) Accounts Receivable

: $0.00 Mil (As of Sep. 2020)
View and export this data going back to 2021. Start your Free Trial

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Forest Road Acquisition's accounts receivables for the quarter that ended in Sep. 2020 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. Forest Road Acquisition's Net-Net Working Capital per share for the quarter that ended in Sep. 2020 was $N/A.


Forest Road Acquisition Accounts Receivable Historical Data

The historical data trend for Forest Road 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.

Forest Road Acquisition Annual Data
Trend Dec20
Accounts Receivable
-

Forest Road Acquisition Semi-Annual Data
Sep20
Accounts Receivable -

Forest Road Acquisition Accounts Receivable Calculation

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


Forest Road 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.

Forest Road Acquisition's Days Sales Outstanding for the quarter that ended in Sep. 2020 is calculated as:

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

Forest Road Acquisition's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2020 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+0.75 * 0+0.5 * 0-0.018
-0-0)/0
=N/A

* 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.


Forest Road Acquisition Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Forest Road Acquisition's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Forest Road Acquisition (Forest Road Acquisition) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1177 Avenue of the Americas, 5th Floor, New York, NY, USA, 10036
Forest Road Acquisition Corp is a blank check company.

Forest Road Acquisition (Forest Road Acquisition) Headlines

From GuruFocus

Forest Road Letter to Stockholders

By Business Wire Business Wire 06-01-2021