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Tuscan Holdings (Tuscan Holdings) Accounts Receivable : $0.00 Mil (As of Mar. 2021)


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What is Tuscan Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tuscan Holdings's accounts receivables for the quarter that ended in Mar. 2021 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. Tuscan Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2021 was $N/A.


Tuscan Holdings Accounts Receivable Historical Data

The historical data trend for Tuscan Holdings'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.

Tuscan Holdings Accounts Receivable Chart

Tuscan Holdings Annual Data
Trend Dec18 Dec19 Dec20
Accounts Receivable
- - -

Tuscan Holdings Semi-Annual Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Accounts Receivable Get a 7-Day Free Trial Premium Member Only - - - - -

Tuscan Holdings Accounts Receivable Calculation

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


Tuscan Holdings 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.

Tuscan Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2021 is calculated as:

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

Tuscan Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2021 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)
=(0.044+0.75 * 0+0.5 * 0-5.061
-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.


Tuscan Holdings Accounts Receivable Related Terms

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Tuscan Holdings (Tuscan Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
135 E. 57th Street, 18th Floor, New York, NY, USA, 10022
Website
Tuscan Holdings Corp is a blank check company. The firm intends to focus its search for target businesses in the cannabis industry.

Tuscan Holdings (Tuscan Holdings) Headlines