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


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What is Lakeshore Acquisition II Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lakeshore Acquisition II'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. Lakeshore Acquisition II's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.66.


Lakeshore Acquisition II Accounts Receivable Historical Data

The historical data trend for Lakeshore Acquisition II'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.

Lakeshore Acquisition II Accounts Receivable Chart

Lakeshore Acquisition II Annual Data
Trend Dec21 Dec22
Accounts Receivable
- -

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

Lakeshore Acquisition II Accounts Receivable Calculation

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


Lakeshore Acquisition II 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.

Lakeshore Acquisition II'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), Lakeshore Acquisition II's accounts receivable are only considered to be worth 75% of book value:

Lakeshore Acquisition II'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)
=(0.03+0.75 * 0+0.5 * 0-3.788
-0-0)/5.72942
=-0.66

* 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.


Lakeshore Acquisition II Accounts Receivable Related Terms

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Lakeshore Acquisition II (Lakeshore Acquisition II) Business Description

Traded in Other Exchanges
N/A
Address
667 Madison Avenue, New York, NY, USA, 10065
Website
Lakeshore Acquisition II Corp is a newly organized blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
H. David Sherman director 38 HOMEWOOD ROAD, NEWTON MA 02468
Jon M. Montgomery director C/O NUVVE HOLDING CORP., 2468 HISTORIC DECATUR ROAD, SAN DIEGO CA 92106
Deyin Chen director, 10 percent owner, officer: CEO and CFO 300 JINXIU ROAD, SHANGHAI F4 200135
Redone Investment Ltd 10 percent owner SUITE A-2F, 555 SHIHUI ROAD, SONGJIANG DISTRICT, SHANGHAI F4 2001100
Mingyu Li director 555 SHIHUI ROAD, SONGJIANG DISTRICT, SHANGHAI F4 201100