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Rockpool Acquisitions (LSE:ROC) Accounts Receivable : £0.00 Mil (As of Sep. 2023)


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What is Rockpool Acquisitions Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Rockpool Acquisitions's accounts receivables for the quarter that ended in Sep. 2023 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. Rockpool Acquisitions's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was £0.02.


Rockpool Acquisitions Accounts Receivable Historical Data

The historical data trend for Rockpool 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.

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Rockpool Acquisitions Accounts Receivable Chart

Rockpool Acquisitions Annual Data
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Rockpool Acquisitions Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Rockpool Acquisitions Accounts Receivable Calculation

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


Rockpool 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.

Rockpool Acquisitions's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Rockpool Acquisitions's accounts receivable are only considered to be worth 75% of book value:

Rockpool Acquisitions's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=(0.32+0.75 * 0+0.5 * 0-0.089
-0-0)/12.725
=0.02

* 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.


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Rockpool Acquisitions (LSE:ROC) Business Description

Traded in Other Exchanges
N/A
Address
C/o Cordovan Capital Management Ltd, 5-7 Upper Queen Street, Suite 102, Urban HQ, Belfast, GBR, BT1 6FB
Rockpool Acquisitions PLC is a special purpose acquisition company based in Northern Ireland. The company is seeking to identify and acquire a Northern Ireland-based company that is focused on growth and provides it with that access, helping that company meet its aspirations and full potential.

Rockpool Acquisitions (LSE:ROC) Headlines

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