Lefteris Acquisition (Lefteris Acquisition) Accounts Receivable : $0.00 Mil (As of Jun. 2022)

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What is Lefteris Acquisition Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lefteris Acquisition's accounts receivables for the quarter that ended in Jun. 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. Lefteris Acquisition's Net-Net Working Capital per share for the quarter that ended in Jun. 2022 was $-0.47.

Lefteris Acquisition Accounts Receivable Historical Data

The historical data trend for Lefteris 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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Lefteris Acquisition Accounts Receivable Chart

Lefteris Acquisition Annual Data

Trend

Dec20

Dec21

Accounts Receivable

Lefteris Acquisition Quarterly Data
	Aug20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Accounts Receivable	Get a 7-Day Free Trial			-	-	-	-	-

Lefteris Acquisition Accounts Receivable Calculation

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

Lefteris 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.

Lefteris Acquisition's Days Sales Outstanding for the quarter that ended in Jun. 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), Lefteris Acquisition's accounts receivable are only considered to be worth 75% of book value:

Lefteris Acquisition's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=	(0.001	+	0.75 * 0	+	0.5 * 0	-	12.106
-	0	-	0)	/	25.8874
=	-0.47

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.

Lefteris Acquisition Accounts Receivable Related Terms

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Lefteris Acquisition (Lefteris Acquisition) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

292 Newbury Street, Suite 293, Boston, MA, USA, 02115

Website

Lefteris Acquisition Corp is a blank check company.

Executives

Asiff S Hirji	director	250 FAIR OAKS STREET, SAN FRANCISCO CA 94110
Mark S Casady	director, 10 percent owner, officer: Chairman of the Board	C/O ONE BEACON STREET, 22ND FLOOR, BOSTON MA 02108
Jon D Isaacson	officer: Chief Financial Officer	292 NEWBURY STREET, SUITE 293, BOSTON MA 02115
Karl A Roessner	director, officer: Chief Executive Officer	C/O E*TRADE FINANCIAL CORP., 11 TIMES SQUARE, 32ND FLOOR, NEW YORK NY 10036-9992
David P. Bergers	officer: General Counsel	75 STATE STREET, 23RD FLOOR, BOSTON MA 02109
Ryan Parker	director	C/O LPL FINANCIAL HOLDINGS, INC., 75 STATE STREET, 24TH FLOOR, BOSTON MA 02109
Charles Roame	director	1735 TIBURON BOULEVARD, TIBURON CA 94920
Lefteris Holdings Llc	10 percent owner	292 NEWBURY STREET, SUITE 293, BOSTON MA 02115
April Rudin	director	292 NEWBURY STREET, SUITE 293, BOSTON MA 02115

Lefteris Acquisition (Lefteris Acquisition) Headlines

From GuruFocus

Lefteris Acquisition Corp. Provides Update on Periodic Reporting

By PRNewswire PRNewswire • 05-28-2021

Lefteris Acquisition Corp. Announces the Separate Trading of its Shares of Class A Common Stock and Redeemable Warrants Commencing December 15, 2020

By PRNewswire PRNewswire • 12-12-2020

Lefteris Successfully Completes its Initial Public Offering

By PRNewswire PRNewswire • 10-23-2020