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PowerUp Acquisition (PowerUp Acquisition) Accounts Receivable : $0.00 Mil (As of Dec. 2023)


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What is PowerUp Acquisition Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PowerUp Acquisition's accounts receivables for the quarter that ended in Dec. 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. PowerUp Acquisition's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.04.


PowerUp Acquisition Accounts Receivable Historical Data

The historical data trend for PowerUp 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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PowerUp Acquisition Accounts Receivable Chart

PowerUp Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Accounts Receivable
- - -

PowerUp Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

PowerUp Acquisition Accounts Receivable Calculation

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


PowerUp 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.

PowerUp Acquisition's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

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

PowerUp Acquisition's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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+0.75 * 0+0.5 * 0-0.403
-0-0)/8.99123
=-0.04

* 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.


PowerUp Acquisition Accounts Receivable Related Terms

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PowerUp Acquisition (PowerUp Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
188 Grand Street, Unit No.195, New York, NY, USA, 10013
PowerUp Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Michael L Peterson director 17 CANARY COURT, DANVILLE CA 94526
Surendra K Ajjarapu director, 10 percent owner, officer: Chief Executive Officer 8604 BUTTON BUSH CT, TAMPA FL 33647
Howard A. Doss officer: Chief Financial Officer 17537 DARBY LANE, LUTZ FL 90067
Donald G. Fell director 17537 DARBY LANE, LUTZ FL 33558
Avinash R Wadhwani director 3 YARD COURT, FLEMINGTON NJ 08822
Mayur Mansukhlal Doshi director 147 MCKINLEY AVENUE, ALBERTSON NY 11507
Srirama Associates, Llc 10 percent owner 515 MADISON AVE., SUITE 880, NEW YORK NY 10022
Kyle Joseph Campbell director 104 MOHANAN DRIVE, FORT WALTON BEACH FL 32547
Bruce L. Hack director 6060 CENTER DRIVE, 5TH FLOOR, LOS ANGELES CA 90045
Powerup Sponsor Llc 10 percent owner 200 BROADWAY, FLOOR 3, NEW YORK NY 10038
Julie Uhrman director 199 WATER STREET, NEW YORK NY 10038
Jack Tretton director, officer: Chief Executive Officer 199 WATER STREET, NEW YORK NY 10038
Peter Blacklow director 199 WATER STREET, NEW YORK NY 10038
Gabriel Schillinger officer: President 199 WATER STREET, NEW YORK NY 10038
Michael J Olson officer: Chief Financial Officer 199 WATER STREET, NEW YORK NY 10038