G Squared Ascend I (G Squared Ascend I) Accounts Receivable : $0.00 Mil (As of Sep. 2022)

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What is G Squared Ascend I Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. G Squared Ascend I'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. G Squared Ascend I's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was $-0.37.

G Squared Ascend I Accounts Receivable Historical Data

The historical data trend for G Squared Ascend I'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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G Squared Ascend I Accounts Receivable Chart

G Squared Ascend I Annual Data

Trend

Dec20

Dec21

Accounts Receivable

G Squared Ascend I Quarterly Data
	Nov20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Accounts Receivable	Get a 7-Day Free Trial			-	-	-	-	-

G Squared Ascend I Accounts Receivable Calculation

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

G Squared Ascend I 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.

G Squared Ascend I's Days Sales Outstanding for the quarter that ended in Sep. 2022 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), G Squared Ascend I's accounts receivable are only considered to be worth 75% of book value:

G Squared Ascend I'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)
=	(0.004	+	0.75 * 0	+	0.5 * 0	-	15.799
-	0	-	0)	/	43.125
=	-0.37

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.

G Squared Ascend I Accounts Receivable Related Terms

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G Squared Ascend I (G Squared Ascend I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » G Squared Ascend I Inc (NYSE:GSQD) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

205 N Michigan Avenue, Suite 3770, Chicago, IL, USA, 60601

Website

https://www.gsquaredascend.com

G Squared Ascend I Inc is a blank check company.

Executives

Lauri M Shanahan	director	C/O THE GAP, INC., TWO FOLSOM STREET, SAN FRANCISCO CA 94105-1205
Thomas R Evans	director	11760 US HIGHWAY ONE, SUITE 200, NORTH PALM BEACH FL 33408
Larry Lee Aschebrook	director, 10 percent owner, officer: Chairman of the Board	205 N. MICHIGAN AVE., SUITE 3770, CHICAGO IL 60601
G Squared Ascend Management I Llc	10 percent owner	205 N MICHIGAN AVENUE, SUITE 3770, CHICAGO IL 60601
Thomas Hoban	10 percent owner, officer: Chief Financial Officer	C/O G SQUARED ASCENT MANAGEMENT I LLC, 205 N. MICHIGAN AVENUE SUITE 3770, CHICAGO IL 60601
Edward Iii Davis	director, 10 percent owner, officer: Chief Executive Officer	C/O G SQUARED ASCENT MANAGEMENT I LLC, 205 N MICHIGAN AVENUE SUITE 3770, CHICAGO IL 60601
Heather L. Hasson	director	C/O G SQUARED ASCEND MANAGEMENT I, LLC, 205 N MICHIGAN AVENUE SUITE 3770, CHICAGO IL 60601