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Silver Spike Acquisition II (Silver Spike Acquisition II) Accounts Receivable : $0.00 Mil (As of Sep. 2022)


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What is Silver Spike Acquisition II Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Silver Spike Acquisition II'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. Silver Spike Acquisition II's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was $-0.32.

Silver Spike Acquisition II Accounts Receivable Historical Data

The historical data trend for Silver Spike 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.

Silver Spike Acquisition II Accounts Receivable Chart

Silver Spike Acquisition II Annual Data
Trend Dec20 Dec21
Accounts Receivable
- -

Silver Spike Acquisition II Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Accounts Receivable Get a 7-Day Free Trial - - - - -

Silver Spike Acquisition II Accounts Receivable Calculation

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

Silver Spike 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.

Silver Spike Acquisition II'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), Silver Spike Acquisition II's accounts receivable are only considered to be worth 75% of book value:

Silver Spike Acquisition II'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)
=(0.367+0.75 * 0+0.5 * 0-11.949
-0-0)/35.9375
=-0.32

* 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.

Silver Spike Acquisition II Accounts Receivable Related Terms

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Silver Spike Acquisition II (Silver Spike Acquisition II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Silver Spike Acquisition Corp II (NAS:SPKB) » Definitions » Accounts Receivable
Comparable Companies
ARRW IPVI GAMC XPDB FLME CND DHBC LCAA CLRM DNZ GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
660 Madison Avenue, Suite 1600, New York, NY, USA, 10065
Website
https://www.silverspikecap.com
Silver Spike Acquisition Corp II is a blank check company.
Executives
Orrin Devinsky director 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Richard M. Goldman director 390 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Kenneth H. Landis director 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Scott Gordon director, officer: CEO and Chairman 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
William Healy director, officer: President and Director 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Gregory M. Gentile officer: Chief Financial Officer 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Silver Spike Sponsor Ii, Llc 10 percent owner 660 MADISON AVENUE, SUITE 1600, NEW YORK NY 10065