GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Magnum Opus Acquisition Ltd (NYSE:OPA.U) » Definitions » Accounts Receivable

Magnum Opus Acquisition (Magnum Opus Acquisition) Accounts Receivable : $0.00 Mil (As of Mar. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Magnum Opus Acquisition Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Magnum Opus Acquisition's accounts receivables for the quarter that ended in Mar. 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. Magnum Opus Acquisition's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was $N/A.


Magnum Opus Acquisition Accounts Receivable Historical Data

The historical data trend for Magnum Opus 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.

Magnum Opus Acquisition Accounts Receivable Chart

Magnum Opus Acquisition Annual Data
Trend Dec21 Dec22
Accounts Receivable
- -

Magnum Opus Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only - - - - -

Magnum Opus Acquisition Accounts Receivable Calculation

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


Magnum Opus 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.

Magnum Opus Acquisition's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

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

Magnum Opus Acquisition's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(0.517+0.75 * 0+0.5 * 0-14.413
-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.


Magnum Opus Acquisition Accounts Receivable Related Terms

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


Magnum Opus Acquisition (Magnum Opus Acquisition) Business Description

Traded in Other Exchanges
Address
IBC Tower Three Garden Road, Unit 1009, Central, HKG
Website
Magnum Opus Acquisition Ltd is a blank check company.
Executives
Magnum Opus Sponsors Llc 10 percent owner UNIT 1009, ICBC TOWER, 3 GARDEN ROAD, HONG KONG K3 00000
Hsieh Wing Hong Sammy director 15/F, PROSPERITY MILLENNIA PLAZA, 663 KING?S ROAD, QUARRY BAY, HONG KONG K3 00000
Magnum Opus Holdings Llc director, 10 percent owner 77 DES VOEUX ROAD, NEXXUS BUILDING UNIT 1509, CENTRAL K3 00000
Xing Ling Liu director 77 DES VOEUX ROAD, NEXXUS BUILDING UNIT 1509, CENTRAL K3 00000
Dickson Cheng director 77 DES VOEUX ROAD, NEXXUS BUILDING UNIT 1509, CENTRAL K3 00000
Alexandre Casin director 77 DES VOEUX ROAD, NEXXUS BUILDING UNIT 1509, CENTRAL K3 00000
Lin Hou Pu Jonathan director, 10 percent owner 77 DES VOEUX ROAD, NEXXUS BUILDING UNIT 1509, CENTRAL K3 00000
Frank Han officer: President 77 DES VOEUX ROAD, NEXXUS BUILDING UNIT 1509, CENTRAL K3 00000
Lee Kevin Ka Man director, officer: Chief Financial Officer 77 DES VOEUX ROAD, NEXXUS BUILDING UNIT 1509, CENTRAL K3 00000