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OceanTech Acquisitions I's change in receivables for the quarter that ended in Mar. 2024 was $0.00 Mil. It means OceanTech Acquisitions I's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .
OceanTech Acquisitions I's change in receivables for the fiscal year that ended in Dec. 2023 was $0.00 Mil. It means OceanTech Acquisitions I's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .
OceanTech Acquisitions I's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.00 Mil.
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 Receivable are being managed.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. OceanTech Acquisitions I's liquidation value for the three months ended in Mar. 2024 was $-12.94 Mil.
The historical data trend for OceanTech Acquisitions I's Change In Receivables 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.
OceanTech Acquisitions I Annual Data | |||||||
Trend | Dec21 | Dec22 | Dec23 | ||||
Change In Receivables | - | - | - |
OceanTech Acquisitions I Quarterly Data | |||||||||||||
Feb21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Change In Receivables | Get a 7-Day Free Trial | - | - | - | - | - |
Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.
Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.
* 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.
OceanTech Acquisitions I (OTCPK:OTAC) Change In Receivables 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 Receivable are being managed.
OceanTech Acquisitions I's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 0 | / | 0 | * | 91 |
= |
2. In Ben Graham's calculation of liquidation value, OceanTech Acquisitions I's accounts receivable are only considered to be worth 75% of book value:
OceanTech Acquisitions I's liquidation value for the quarter that ended in Mar. 2024 is calculated as:
Liquidation Value | |||||||
= | Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 0.017 | - | 12.956 | + | 0.75 * 0 | + | 0.5 * 0 |
= | -12.94 |
* 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.
Thank you for viewing the detailed overview of OceanTech Acquisitions I's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Knuettel Ii Francis | officer: Chief Financial Officer | 205 NEWBURY ST, SUITE 204, FRAMINGHAM MA 01701 |
Aspire Acquistion Llc | 10 percent owner | 515 MADISON AVE., SUITE 8078, NEW YORK NY 10022 |
Srinivasan Venkatesh | director | 2 CEDAR GATE COURT, LIVINGSTON NJ 07039 |
Siva Saravanan | director | 334 REZZO STREET, LAS VEGAS NV 89138 |
Donald G. Fell | director | 17537 DARBY LANE, LUTZ FL 33558 |
Michael L Peterson | director | 17 CANARY COURT, DANVILLE CA 94526 |
Owl Creek Asset Management, L.p. | 10 percent owner | 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019 |
Jeffrey A Altman | 10 percent owner | 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019 |
Mitchell I Gordon | director | C/O OCEANTECH ACQUISITIONS I CORP, 515 MADISON AVENUE, 8TH FL - SUITE 8133, NEW YORK NY 10022 |
Philippe Franchet | director | C/O OCEANTECH ACQUISITONS I CORP, 515 MADISON AVENUE, NEW YORK X1 1002 |
Ken Hickling | officer: Chief Operations Officer | C/O OCEANTECH ACQUISITIONS I CORP, 515 MADISON AVE, 8TH FLOOR - SUITE 8133, NEW YORK NY 10022 |
Charles Baumgartner | officer: Chief Financial Officer | C/O OCEANTECH ACQUISITIONS I CORP, 515 MADISON AVE., 8TH FLOOR - SUITE 8133, NEW YORK NY 10022 |
Joseph Adir | director, 10 percent owner, officer: Chief Executive Officer | C/O OCEANTECH ACQUISITIONS I CORP, 515 MADISON AVE., 8TH FLOOR - SUITE 8133, NEW YORK NY 10022 |
Eric Blair | director | C/O OCEANTECH ACQUISITIONS I CORP, 515 MADISON AVE., 8TH FLOOR - SUITE 8133, NEW YORK NY 10022 |
Oceantech Acquisitions I Sponsors Llc | 10 percent owner | C/O OCEANTECH ACQUISITIONS I CORP, 515 MADISON AVE, 8TH FLOOR - SUITE8133, NEW YORK NY 10022 |
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