FLME.U (Flame Acquisition) Change In Receivables : $0.00 Mil (TTM As of Jun. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Flame Acquisition Change In Receivables?

Flame Acquisition's change in receivables for the quarter that ended in Jun. 2024 was $0.00 Mil. It means Flame Acquisition's Accounts Receivable stayed the same from Mar. 2024 to Jun. 2024 .

Flame Acquisition's change in receivables for the fiscal year that ended in Dec. 2023 was $0.00 Mil. It means Flame Acquisition's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Flame Acquisition's Accounts Receivable for the quarter that ended in Jun. 2024 was $0.00 Mil.

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 Receivable are being managed.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Flame Acquisition's liquidation value for the three months ended in Jun. 2024 was $-998.51 Mil.

Flame Acquisition Change In Receivables Historical Data

The historical data trend for Flame Acquisition's Change In Receivables 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.

Flame Acquisition Change In Receivables Chart

Flame Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Flame Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Receivables	Get a 7-Day Free Trial										-	-	-	-	-

Flame Acquisition Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Flame Acquisition (NYSE:FLME.U) Change In Receivables 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 Receivable are being managed.

Flame Acquisition's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0	*	91
=

2. In Ben Graham's calculation of liquidation value, Flame Acquisition's accounts receivable are only considered to be worth 75% of book value:

Flame Acquisition's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	112.069	-	1118.864	+	0.75 * 0	+	0.5 * 16.578
=	-998.51

Flame Acquisition Change In Receivables Related Terms

Thank you for viewing the detailed overview of Flame Acquisition's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Flame Acquisition Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Flame Acquisition Corp (NYSE:FLME.U) » Definitions » Change In Receivables

Comparable Companies

GAQ LCW BCSA VCXB EVE SUAC VAQC CHEA HCMA ACRO PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA

Traded in Other Exchanges

SOC:USA

Address

700 Milam Street, Suite 3300, Houston, TX, USA, 77002

Website

https://www.flameacq.com

Flame Acquisition Corp is a blank check company.

Executives

Global Icav Pilgrim	10 percent owner	21-23 CITY QUAY, RIVERVIEW HOUSE, DUBLIN L2 D2
Pilgrim Global Advisors Llc	10 percent owner	4785 CAUGHLIN PARKWAY, RENO NV 89519
Darren Maupin	10 percent owner	C/O PILGRIM GLOBAL ADVISORS LLC, 4785 CAUGHLIN PARKWAY, RENO NV 89519
James C Flores	director, 10 percent owner, officer: CEO & President	P.O. BOX 1083, HOUSTON TX 77251
Christopher Binyon Sarofim	director	200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Gregory Phillip Pipkin	director	11227 SMITHDALE ROAD, HOUSTON TX 77024
Flame Acquisition Sponsor Llc	10 percent owner	C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002
Gregory D. Patrinely	officer: CFO & Secretary	C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002
Michael E. Dillard	director	C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002

Flame Acquisition Headlines

From GuruFocus

Flame Acquisition Corp. Announces Stockholder Approval of Extension Proposal

By Business Wire • 08-31-2023

Flame Acquisition Corp. Announces Business Combination Transaction

By Business Wire Business Wire • 11-02-2022

Flame Acquisition Corp. Announces Stockholder Approval of Extension Proposal

By Business Wire Business Wire • 03-01-2023

Flame Acquisition Corp. Receives Expected NYSE Notice Regarding Delayed Form 10-Q Filing

By Business Wire Business Wire • 06-01-2021

Could Insider Buying Signal that Flame Acquisition Corp Is Undervalued?

By GuruFocus Research GuruFocus Editor • 12-09-2022