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WPF.WS (Foley Trasimene Acquisition) Accounts Receivable : $0.00 Mil (As of Mar. 2021)


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What is Foley Trasimene Acquisition Accounts Receivable?

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


Foley Trasimene Acquisition Accounts Receivable Historical Data

The historical data trend for Foley Trasimene 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.

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Foley Trasimene Acquisition Accounts Receivable Chart

Foley Trasimene Acquisition Annual Data
Trend Dec20
Accounts Receivable
-

Foley Trasimene Acquisition Semi-Annual Data
Mar20 Jun20 Sep20 Dec20 Mar21
Accounts Receivable - - - - -

Foley Trasimene Acquisition Accounts Receivable Calculation

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


Foley Trasimene 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.

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

Foley Trasimene Acquisition'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)
=(0.236+0.75 * 0+0.5 * 0-142.766
-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.


Foley Trasimene Acquisition Accounts Receivable Related Terms

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Foley Trasimene Acquisition Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1701 Village Center Circle, Las Vegas, NV, USA, 89134
Website
Foley Trasimene Acquisition Corp is a blank check company.

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