GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » AlphaVest Acquisition Corp (NAS:ATMV) » Definitions » Accounts Receivable

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


View and export this data going back to 2023. Start your Free Trial

What is AlphaVest Acquisition Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AlphaVest 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. AlphaVest Acquisition's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.05.

AlphaVest Acquisition Accounts Receivable Historical Data

The historical data trend for AlphaVest 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.

AlphaVest Acquisition Accounts Receivable Chart

AlphaVest Acquisition Annual Data
Trend Dec22 Dec23
Accounts Receivable
- -

AlphaVest Acquisition Quarterly Data
Apr22 Sep22 Dec22 Dec23
Accounts Receivable - - - -

AlphaVest Acquisition Accounts Receivable Calculation

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

AlphaVest 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0*91
=

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

AlphaVest 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)
=(0.029+0.75 * 0+0.5 * 0-0.388
-0-0)/7.00633
=-0.05

* 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.

AlphaVest Acquisition Accounts Receivable Related Terms

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

AlphaVest Acquisition (AlphaVest Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » AlphaVest Acquisition Corp (NAS:ATMV) » Definitions » Accounts Receivable
Comparable Companies
TENK CNGL LATG HSPO MARX GAMC ATMC FSRX NCAC IMAQ PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
420 Lexington Avenue, Suite 2446, New York, NY, USA, 10170
Website
AlphaVest Acquisition Corp is a blank check company.
Executives
Li (helen) Wei director C/O ALPHATIME ACQUISITION CORP, 500 5TH AVENUE, SUITE 938, NEW YORK NY 10110
David Yan director, officer: Chief Executive officer C/O ALPHAVEST ACQUISITION CORP., 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170
Pengfei Zheng director, 10 percent owner C/O ALPHAVEST ACQUISITION CORP., 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170
Alphavest Holding Lp 10 percent owner 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170
Steve Jing director, officer: Chief Financial Officer C/O ALPHAVEST ACQUISITION CORP., 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170
Shu Wang director C/O ALPHAVEST ACQUISITION CORP., 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170