Sizzle Acquisition (Sizzle Acquisition) Accounts Receivable : $0.00 Mil (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Sizzle Acquisition Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sizzle Acquisition'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. Sizzle Acquisition's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-1.44.

Sizzle Acquisition Accounts Receivable Historical Data

The historical data trend for Sizzle 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.

* Premium members only.

Sizzle Acquisition Accounts Receivable Chart

Sizzle Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Accounts Receivable

Sizzle Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Receivable	Get a 7-Day Free Trial							-	-	-	-	-

Sizzle Acquisition Accounts Receivable Calculation

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

Sizzle 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.

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

Sizzle Acquisition'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)
=	(0.001	+	0.75 * 0	+	0.5 * 0	-	13.472
-	0	-	0)	/	9.35665
=	-1.44

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.

Sizzle Acquisition Accounts Receivable Related Terms

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

Sizzle Acquisition (Sizzle Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Sizzle Acquisition Corp (NAS:SZZL) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4201 Georgia Avenue NW, Washington, DC, USA, 20011

Website

https://sizzlespac.com

Sizzle Acquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more businesses.

Executives

Warren M Thompson	director	4951 LAKE BROOK DRIVE, SUITE 500, GLEN ALLEN VA 23060
Jamieson Karson	director, 10 percent owner	C/O STEVEN MADDEN LTD, 52 16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Karen A Kelley	director	6475 CHRISTIE AVENUE, SUITE 150, EMERYVILLE CA 94608
Vo Sponsor, Llc	10 percent owner	4201 GEORGIA AVE NW, WASHINGTON DC 20011
Daniel Christopher Lee	officer: Head of Business Development	4201 GEORGIA AVENUE NW, WASHINGTON DC 20011
Steve Salis	director, 10 percent owner, officer: Chief Executive Officer	4201 GEORGIA AVENUE NW, WASHINGTON DC 20011
David Perlin	director	4201 GEORGIA AVENUE NW, WASHINGTON DC 20011
Nestor Nova	officer: CFO & Secretary	4201 GEORGIA AVENUE NW, WASHINGTON DC 20011