IG Acquisition (IG Acquisition) Accounts Receivable : $0.00 Mil (As of Sep. 2022)

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What is IG Acquisition Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. IG Acquisition'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. IG Acquisition's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was $N/A.

IG Acquisition Accounts Receivable Historical Data

The historical data trend for IG 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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IG Acquisition Accounts Receivable Chart

IG Acquisition Annual Data

Trend

Dec20

Dec21

Accounts Receivable

IG Acquisition Quarterly Data
	Jul20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Accounts Receivable	Get a 7-Day Free Trial				-	-	-	-	-

IG Acquisition Accounts Receivable Calculation

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

IG 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.

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

IG Acquisition'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)
=	(0.028	+	0.75 * 0	+	0.5 * 0	-	15.57
-	0	-	0)	/	0
=	N/A

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.

IG Acquisition Accounts Receivable Related Terms

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IG Acquisition (IG Acquisition) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

251 Park Avenue South, 8th Floor, New York, NY, USA, 10010

Website

http://www.igacquisition.com

IG Acquisition Corp is a blank check company.

Executives

Goldman Sachs & Co. Llc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
G1 Execution Services, Llc	10 percent owner	175 W. JACKSON BLVD., SUITE 1700, 501 PLAZA 2, CHICAGO IL 60604
Susquehanna Securities, Llc	10 percent owner	401 CITY AVENUE, SUITE 220, BALA CYNWYD PA 19004
Ig Sponsor Llc	10 percent owner	251 PARK AVENUE SOUTH 8TH FLOOR, NEW YORK NY 10010
Christian Goode	director, officer: Chief Executive Officer	251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Abigail May	director	251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Bradley Tusk	director, 10 percent owner	251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Farrell Edward Martin Jr.	officer: Chief Financial Officer	251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10105
Catharine Dockery	director	251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Kenneth Kweku	director	251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Peter Ward	director	251 PARK AVENUE SOUTH 8TH FLOOR, NEW YORK NY 10010

IG Acquisition (IG Acquisition) Headlines

From GuruFocus

IG Acquisition Corp. Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing November 23, 2020

By Marketwired Marketwired • 11-20-2020

IG Acquisition Corp. Announces Closing of $300 Million Initial Public Offering

By PRNewswire PRNewswire • 10-06-2020