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GGAAF (Genesis Growth Tech Acquisition) Accounts Receivable : $0.00 Mil (As of Mar. 2024)


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What is Genesis Growth Tech Acquisition Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Genesis Growth Tech Acquisition's accounts receivables for the quarter that ended in Mar. 2024 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. Genesis Growth Tech Acquisition's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.88.

Genesis Growth Tech Acquisition Accounts Receivable Historical Data

The historical data trend for Genesis Growth Tech 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.

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Genesis Growth Tech Acquisition Accounts Receivable Chart

Genesis Growth Tech Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Accounts Receivable
- - -

Genesis Growth Tech Acquisition Quarterly Data
May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Genesis Growth Tech Acquisition Accounts Receivable Calculation

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

Genesis Growth Tech 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.

Genesis Growth Tech Acquisition'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 Net-Net Working Capital (NNWC), Genesis Growth Tech Acquisition's accounts receivable are only considered to be worth 75% of book value:

Genesis Growth Tech Acquisition's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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 * 0-5.62
-0-0)/6.40652
=-0.88

* 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.

Genesis Growth Tech Acquisition Accounts Receivable Related Terms

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Genesis Growth Tech Acquisition Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Genesis Growth Tech Acquisition Corp (OTCPK:GGAAF) » Definitions » Accounts Receivable
Comparable Companies
AEAE CREEF SWSS NUBI ARTE GTAC RFAC HPLT HAIA YOTA PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
Bahnhofstrasse 3, Nidwalden, Hergiswil, CHE, 6052
Website
https://www.genesisgrowthtechspac.com
Genesis Growth Tech Acquisition Corp is a blank check company.
Executives
Genesis Growth Tech Llc 10 percent owner 6 GENERAL-GUISAN-STRASSE, ZUG V8 6303
Massimo Prelz-oltramonti director C/O GENESIS GROWTH TECH ACQUISITION CORP, BAHNHOFSTRASSE 3, 6052 HERGISWIL, NIDWALDEN V8 6052
Simon Baker director, officer: COO & Executive Head of M&A C/O GENESIS GROWTH TECH ACQUISITION CORP, BAHNHOFSTRASSE 3, 6052 HERGISWIL, NIDWALDEN V8 6052
Eyal Perez director, 10 percent owner, officer: CEO & CFO C/O GENESIS GROWTH TECH ACQUISITION CORP, BAHNHOFSTRASSE 3, 6052 HERGISWIL, NIDWALDEN V8 6052
Michael Lahyani director, officer: ChiefStrategyOfcr & President C/O GENESIS GROWTH TECH ACQUISITION CORP, BAHNHOFSTRASSE 3, 6052 HERGISWIL, NIDWALDEN V8 6052
Cem Habib director C/O GENESIS GROWTH TECH ACQUISITION CORP, BAHNHOFSTRASSE 3, 6052 HERGISWIL, NIDWALDEN V8 6052
Pierre-etienne Lallia director C/O GENESIS GROWTH TECH ACQUISITION CORP, BAHNHOFSTRASSE 3, 6052 HERGISWIL, NIDWALDEN V8 6052