GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mountain Crest Acquisition Corp (NAS:MCAC) » Definitions » Accounts Receivable

Mountain Crest Acquisition (Mountain Crest Acquisition) Accounts Receivable : $0.00 Mil (As of Sep. 2020)


View and export this data going back to 2020. Start your Free Trial

What is Mountain Crest Acquisition Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mountain Crest Acquisition'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. Mountain Crest Acquisition's Net-Net Working Capital per share for the quarter that ended in Sep. 2020 was $-0.24.

Mountain Crest Acquisition Accounts Receivable Historical Data

The historical data trend for Mountain Crest 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.

* Premium members only.

Mountain Crest Acquisition Accounts Receivable Chart

Mountain Crest Acquisition Annual Data
Trend Dec19
Accounts Receivable
-

Mountain Crest Acquisition Quarterly Data
Mar20 Jun20 Sep20
Accounts Receivable - - -

Mountain Crest Acquisition Accounts Receivable Calculation

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

Mountain Crest 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.

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

Mountain Crest Acquisition'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)
=(0.235+0.75 * 0+0.5 * 0-2.054
-0-0)/7.54249
=-0.24

* 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.

Mountain Crest Acquisition Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Mountain Crest Acquisition's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Mountain Crest Acquisition (Mountain Crest Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mountain Crest Acquisition Corp (NAS:MCAC) » Definitions » Accounts Receivable
Comparable Companies
Traded in Other Exchanges
N/A
Address
311 West 43rd Street, 12th Floor, New York, NY, USA, 10036
Website
https://www.mcacquisition.com
Mountain Crest Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.