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PAICW (Petra Acquisition) Accounts Receivable : $0.00 Mil (As of Sep. 2021)


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What is Petra Acquisition Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Petra Acquisition's accounts receivables for the quarter that ended in Sep. 2021 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. Petra Acquisition's Net-Net Working Capital per share for the quarter that ended in Sep. 2021 was $N/A.


Petra Acquisition Accounts Receivable Historical Data

The historical data trend for Petra 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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Petra Acquisition Accounts Receivable Chart

Petra Acquisition Annual Data
Trend Dec19 Dec20
Accounts Receivable
- -

Petra Acquisition Semi-Annual Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Accounts Receivable Get a 7-Day Free Trial - - - - -

Petra Acquisition Accounts Receivable Calculation

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


Petra 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.

Petra Acquisition's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:

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

Petra Acquisition's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2021 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)
=(0.02+0.75 * 0+0.5 * 0-6.649
-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.


Petra Acquisition Accounts Receivable Related Terms

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Petra Acquisition Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
5 West 21st Street, New York, NY, USA, 10010
Website
Petra Acquisition Inc is a blank check company.

Petra Acquisition Headlines

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