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Inception Growth Acquisition (Inception Growth Acquisition) Accounts Receivable : $0.00 Mil (As of Mar. 2024)


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What is Inception Growth Acquisition Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Inception Growth 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. Inception Growth Acquisition's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.86.

Inception Growth Acquisition Accounts Receivable Historical Data

The historical data trend for Inception Growth 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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Inception Growth Acquisition Accounts Receivable Chart

Inception Growth Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Accounts Receivable
- - -

Inception Growth Acquisition Quarterly Data
Apr21 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 - - - - -

Inception Growth Acquisition Accounts Receivable Calculation

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

Inception Growth 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.

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

Inception Growth 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)
=(0.044+0.75 * 0+0.5 * 0-4.872
-0-0)/5.58839
=-0.86

* 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.

Inception Growth Acquisition Accounts Receivable Related Terms

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Inception Growth Acquisition (Inception Growth Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Inception Growth Acquisition Ltd (NAS:IGTA) » Definitions » Accounts Receivable
Comparable Companies
HNRA GBBK VHAQ SGII HPLT RFAC GTAC ARTE GGAAF AEAE PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
875 Washington Street, New York, NY, USA, 10014
Website
http://www.inceptiongrowth1.com
Inception Growth Acquisition Ltd is a blank check company.
Executives
Soul Venture Partners Llc 10 percent owner 875 WASHINGTON STREET, NEW YORK NY 10014
Yan Yannie Xu director 6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000
Michael Lawrence Coyne director 10/F TOWER A, BILLION CENTRE, 1 WANG KWONG ROAD, KOWLOON BAY K3 999077
Cheuk Hang Chow director, officer: CEO 875 WASHINGTON STREET, NEW YORK NY 10014
Yun Pun Wong director, officer: CFO UNIT B, 11F, ON HING BUILDING, 1-9 ON HING TERRACE, CENTRAL HONG KONG F4 00000
Matthew Hong director 8 NEWBURY STREET, BOSTON MA 02116
Paige Edward Craig director, officer: CEO 875 WASHINGTON STREET, NEW YORK NY 10014
Suen Man Tak Stephen director 875 WASHINGTON STREET, NEW YORK NY 10014
Albert Chang director 875 WASHINGTON STREET, NEW YORK NY 10014