ITACW (Industrial Tech Acquisitions) Accounts Receivable: $0.00 Mil (As of Sep. 2020)

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What is Industrial Tech Acquisitions Accounts Receivable?

Industrial Tech Acquisitions ITACW Accounts Receivable is $0.00 Mil as of Sep. 2020.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Industrial Tech Acquisitions's accounts receivables for the quarter that ended in Sep. 2020 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. Industrial Tech Acquisitions's Net-Net Working Capital per share for the quarter that ended in Sep. 2020 was $N/A.

Industrial Tech Acquisitions 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.

Industrial Tech Acquisitions's Days Sales Outstanding for the quarter that ended in Sep. 2020 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), Industrial Tech Acquisitions's accounts receivable are only considered to be worth 75% of book value:

Industrial Tech Acquisitions's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2020 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)
=(0.659+0.75 * 0+0.5 * 0-2.632
-0-0)/0
=N/A

* 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.

Industrial Tech Acquisitions Accounts Receivable Related Terms

Industrial Tech Acquisitions Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Industrial Tech Acquisitions'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.

Industrial Tech Acquisitions Accounts Receivable Chart

Industrial Tech Acquisitions Annual Data
Trend Dec20
Accounts Receivable
0.00

Industrial Tech Acquisitions Semi-Annual Data
Jun20 Sep20 Dec20
Accounts Receivable 0.00 0.00 0.00

Industrial Tech Acquisitions Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $0.00 Mil mean?
Industrial Tech Acquisitions (ITACW) has a Accounts Receivable of $0.00 Mil as of Sep. 2020. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Industrial Tech Acquisitions and its competitors.
Is Industrial Tech Acquisitions' Accounts Receivable too high?
Industrial Tech Acquisitions' current Accounts Receivable is $0.00 Mil.
How does Industrial Tech Acquisitions' Accounts Receivable compare to ?
Industrial Tech Acquisitions' Accounts Receivable of $0.00 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Diversified Financial Services company?
A good Accounts Receivable depends on the Diversified Financial Services industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Industrial Tech Acquisitions and its competitors. Industrial Tech Acquisitions's current Accounts Receivable is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrial Tech Acquisitions stock overvalued right now?
Industrial Tech Acquisitions (ITACW) has a current Accounts Receivable of $0.00 Mil. The current Accounts Receivable is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Industrial Tech Acquisitions (ITACW), the current Accounts Receivable is $0.00 Mil as of Sep. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Industrial Tech Acquisitions Business Description

Comparable Companies
Address 5090 Richmond Avenue, Suite 319, Houston, TX, USA, 77056
Industrial Tech Acquisitions Inc is a blank check company.