GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Parsec Capital Acquisitions Corp (NAS:PCX) » Definitions » Accounts Receivable

Parsec Capital Acquisitions (Parsec Capital Acquisitions) Accounts Receivable : $0.00 Mil (As of Sep. 2022)


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

What is Parsec Capital Acquisitions Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Parsec Capital Acquisitions's accounts receivables for the quarter that ended in Sep. 2022 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. Parsec Capital Acquisitions's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was $-0.31.

Parsec Capital Acquisitions Accounts Receivable Historical Data

The historical data trend for Parsec Capital 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.

* Premium members only.

Parsec Capital Acquisitions Accounts Receivable Chart

Parsec Capital Acquisitions Annual Data
Trend Dec21
Accounts Receivable
-

Parsec Capital Acquisitions Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Accounts Receivable Get a 7-Day Free Trial - - - - -

Parsec Capital Acquisitions Accounts Receivable Calculation

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

Parsec Capital 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.

Parsec Capital Acquisitions's Days Sales Outstanding for the quarter that ended in Sep. 2022 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), Parsec Capital Acquisitions's accounts receivable are only considered to be worth 75% of book value:

Parsec Capital Acquisitions's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 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)
=(0.298+0.75 * 0+0.5 * 0-3.624
-0-0)/10.7812
=-0.31

* 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.

Parsec Capital Acquisitions Accounts Receivable Related Terms

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

Parsec Capital Acquisitions (Parsec Capital Acquisitions) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Parsec Capital Acquisitions Corp (NAS:PCX) » Definitions » Accounts Receivable
Comparable Companies
BWAC FVAM LAX GDNR BRAC ACAX AIB DUET GENQ VHAQ GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
320 West Main Street, Lewisville, TX, USA, 75057
Website
https://www.parsecacquisition.com
Parsec Capital Acquisitions Corp is a newly organized blank check company.
Executives
William F Readdy director 12130 HIGHWAY 3, BUILDING 1, WEBSTER TX 77598
Edmund C. Moy director 130 ANDOVER PARK EAST SUITE 200, SEATTLE WA 98188
Daniel Kevin Elwell director C/O ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Patricia Trompeter director, officer: Chief Executive Officer 309 LUKES WOOD ROAD, NEW CANAAN CT 06840
Parsec Acquisitions Sponsor, Llc 10 percent owner 320 W MAIN ST., LEWISVILLE TX 75057
Alec Burger director 113 SKYVIEW LN, NEW CANAAN CT 06840
Paul Haber director, officer: Chief Financial Officer 10 PAULINE AVENUE, BROOKLIN A6 L1M 2H5