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

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What is Monocle Acquisition Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Monocle 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. Monocle Acquisition's Net-Net Working Capital per share for the quarter that ended in Sep. 2020 was $-7.73.

Monocle Acquisition Accounts Receivable Historical Data

The historical data trend for Monocle 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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Monocle Acquisition Accounts Receivable Chart

Monocle Acquisition Annual Data

Trend

Dec18

Dec19

Accounts Receivable

Monocle Acquisition Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Accounts Receivable	Get a 7-Day Free Trial			-	-	-	-	-

Monocle Acquisition Accounts Receivable Calculation

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

Monocle 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.

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

Monocle 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)
=	(0.096	+	0.75 * 0	+	0.5 * 0	-	172.287
-	0	-	0)	/	22.28
=	-7.73

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.

Monocle Acquisition Accounts Receivable Related Terms

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Monocle Acquisition (Monocle Acquisition) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

750 Lexington Avenue, Suite 1501, New York, NY, USA, 10022

Website

Monocle Acquisition Corp is a blank check company. The firm intends to focus on businesses in the aerospace and defense, industrial, and technology and telecommunication sectors.