GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pivotal Investment Corp III (OTCPK:PICC.U) » Definitions » Accounts Receivable

Pivotal Investment III (Pivotal Investment III) Accounts Receivable : $0.00 Mil (As of Jun. 2023)


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

What is Pivotal Investment III Accounts Receivable?

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


Pivotal Investment III Accounts Receivable Historical Data

The historical data trend for Pivotal Investment III'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.

Pivotal Investment III Accounts Receivable Chart

Pivotal Investment III Annual Data
Trend Dec20 Dec21 Dec22
Accounts Receivable
- - -

Pivotal Investment III Quarterly Data
Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Pivotal Investment III Accounts Receivable Calculation

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


Pivotal Investment III 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.

Pivotal Investment III's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

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

Pivotal Investment III's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(0.029+0.75 * 0+0.5 * 0-12.039
-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.


Pivotal Investment III Accounts Receivable Related Terms

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


Pivotal Investment III (Pivotal Investment III) Business Description

Traded in Other Exchanges
N/A
Address
c/o Graubard Miller, 405 Lexington Avenue, The Chrysler Building, New York, NY, USA, 10174
Pivotal Investment Corp III is a blank check company.
Executives
Jonathan J Ledecky director, 10 percent owner C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Kevin Griffin director, 10 percent owner, officer: Chief Executive Officer C/O PIVOTAL ACQUISITION CORP., C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174
Pivotal Investment Holdings Iii Llc 10 percent owner C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174
Kristen Dumont director C/O KHOSLA VENTURES ACQUISITION CO. IV, 2128 SAND HILL RD, MENLO PARK CA 94025
Katherine Oliver director 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
James Hr Brady officer: Chief Financial Officer 1850 CENTENNIAL PARK DRIVE, SUITE 200, RESTON VA 20191
Katrina Adams director C/O PIVOTAL ACQUISITION CORP., C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174
Sarah Sclarsic director C/O PIVOTAL INVESTMENT CORPORATION II, C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174
Greg Racz officer: Chief Operating Officer C/O OCTAVIAN GLOBAL PARTNERS, LLC, 650 MADISON AVENUE, 26TH FLOOR, NEW YORK NY 10022

Pivotal Investment III (Pivotal Investment III) Headlines