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


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What is Andretti Acquisition Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Andretti 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. Andretti Acquisition's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-1.12.


Andretti Acquisition Accounts Receivable Historical Data

The historical data trend for Andretti 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.

Andretti Acquisition Accounts Receivable Chart

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

Andretti Acquisition Quarterly Data
Jan21 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 Premium Member Only - - - - -

Andretti Acquisition Accounts Receivable Calculation

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


Andretti 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.

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

Andretti 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)
=(0.161+0.75 * 0+0.5 * 0-15.496
-0-0)/13.6448
=-1.12

* 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.


Andretti Acquisition Accounts Receivable Related Terms

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Andretti Acquisition (Andretti Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
7615 Zionsville Road, Indianapolis, IN, USA, 46268
Andretti Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
William Matthew Brown officer: See Remarks 331 N. MAIN ST., EULESS TX 76039
William J Sandbrook director, officer: See Remarks C/O U.S. CONCRETE, INC., 331 N. MAIN STREET, EULESS TX 76039
James W Keyes director 4500 WESTGROVE DR. SUITE 222, ADDISON TX 75001
Cassandra S. Lee director 7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268
Gerald D Putnam director 100 SOUTH WACKER DRIVE, SUITE 1800, CHICAGO IL 60606
Michael Andretti director, officer: See Remarks 4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Andretti Sponsor Llc director, 10 percent owner, officer: See Remarks 7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268
John J. Romanelli director 7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268
Zakary C. Brown director 7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268