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Model Performance Acquisition (Model Performance Acquisition) Accounts Receivable

: $0.00 Mil (As of Sep. 2022)
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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Model Performance Acquisition's accounts receivables for the quarter that ended in Sep. 2022 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. Model Performance Acquisition's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was $-1.28.


Model Performance Acquisition Accounts Receivable Historical Data

The historical data trend for Model Performance 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.

Model Performance Acquisition Annual Data
Trend Dec21
Accounts Receivable
-

Model Performance Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Accounts Receivable Premium Member Only Premium Member Only - - - - -

Model Performance Acquisition Accounts Receivable Calculation

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


Model Performance 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.

Model Performance Acquisition's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

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

Model Performance Acquisition's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 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)
=(0.442+0.75 * 0+0.5 * 0-5.603
-0-0)/4.02851
=-1.28

* 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.


Model Performance Acquisition Accounts Receivable Related Terms

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Model Performance Acquisition (Model Performance Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
2 Queens Road Central, 58 Floor, Unit 5801, Cheung Kong Center, Hong Kong, HKG
Website
Model Performance Acquisition Corp is a newly incorporated blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.