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ROSS.U (Ross Acquisition II) Accounts Receivable : $0.00 Mil (As of Sep. 2023)


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What is Ross Acquisition II Accounts Receivable?

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

Ross Acquisition II Accounts Receivable Historical Data

The historical data trend for Ross Acquisition II'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.

Ross Acquisition II Accounts Receivable Chart

Ross Acquisition II Annual Data
Trend Dec21 Dec22
Accounts Receivable
- -

Ross Acquisition II Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Ross Acquisition II Accounts Receivable Calculation

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

Ross Acquisition II 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.

Ross Acquisition II's Days Sales Outstanding for the quarter that ended in Sep. 2023 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), Ross Acquisition II's accounts receivable are only considered to be worth 75% of book value:

Ross Acquisition II's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.01+0.75 * 0+0.5 * 0-15.538
-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.

Ross Acquisition II Accounts Receivable Related Terms

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Ross Acquisition II Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Ross Acquisition Corp II (NYSE:ROSS.U) » Definitions » Accounts Receivable
Comparable Companies
NSTD ESHA KRNL WNNR IRAA NSTC MBAC TLGY PACI LHC PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
1 Pelican Lane, Palm Beach, FL, USA, 33480
Website
https://www.rossacquisition2.com
Ross Acquisition Corp II is a blank check company.
Executives
Edward A Snyder director CAREER EDUCATION CORPORATION, 231 N. MARTINGALE ROAD, SCHAUMBURG IL 60173
Nadim Z Qureshi director, 10 percent owner, officer: Head of M&A 575 MARYVILLE CENTRE DRIVE, ST. LOUIS MO 63141
Ross Wilbur L Jr director, 10 percent owner, officer: Chief Executive Officer 328 EL VEDADO ROAD, PALM BEACH FL 33480
Lawrence A. Kudlow director 26 E. 93RD STREET, APARTMENT 9C, NEW YORK NY 10128
Stephen J. Toy director, 10 percent owner, officer: Chief Financial Officer 1166 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Astor William Waldorf Iii director 1166 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Ross Holding Co Llc director, 10 percent owner, officer: See Exhibit 99.1 2 PELICAN LANE, PALM BEACH FL 33480