Gores Holdings IV (Gores Holdings IV) Change In Receivables : $2,109.37 Mil (TTM As of Mar. 2021)

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What is Gores Holdings IV Change In Receivables?

Gores Holdings IV's change in receivables for the quarter that ended in Mar. 2021 was $2,109.37 Mil. It means Gores Holdings IV's Accounts Receivable declined by $2,109.37 Mil from Dec. 2020 to Mar. 2021 .

Gores Holdings IV's change in receivables for the fiscal year that ended in Dec. 2020 was $0.00 Mil. It means Gores Holdings IV's Accounts Receivable stayed the same from Dec. 2019 to Dec. 2020 .

Gores Holdings IV's Accounts Receivable for the quarter that ended in Mar. 2021 was $549.38 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. Gores Holdings IV's Days Sales Outstanding for the three months ended in Mar. 2021 was 42.13.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Gores Holdings IV's liquidation value for the three months ended in Mar. 2021 was $-5,589.89 Mil.

Gores Holdings IV Change In Receivables Historical Data

The historical data trend for Gores Holdings IV'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.

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Gores Holdings IV Change In Receivables Chart

Gores Holdings IV Annual Data

Trend

Dec19

Dec20

Change In Receivables

Gores Holdings IV Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Change In Receivables	Get a 7-Day Free Trial			-775.33	-	-	-	2,109.37

Gores Holdings IV 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 Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,109.37 Mil.

Gores Holdings IV (NAS:GHIVU) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	549.381	/	1189.87	*	91
=	42.13

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

Gores Holdings IV's liquidation value for the quarter that ended in Mar. 2021 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1592.663	-	7594.59	+	0.75 * 549.381	+	0.5 * 0
=	-5,589.89

Gores Holdings IV Change In Receivables Related Terms

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Gores Holdings IV (Gores Holdings IV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Gores Holdings IV Inc (NAS:GHIVU) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

585 South Boulevard E, Pontiac, MI, USA, 48341

Website

https://www.uwm.com

UWM Holdings Corp operates as a residential mortgage lender and the wholesale mortgage lender. The company provides independent mortgage advisors across the states and the district of Columbia. The firm also offers training, technology, marketing support, and more to help the entrepreneurial partners.

Executives

Alec E Gores	director, 10 percent owner	10877 WILSHIRE BOULEVARD, 18TH FLOOR, LOS ANGELES CA 90024
Aeg Holdings, Llc	director, 10 percent owner	6260 LOOKOUT RD., BOULDER CO 80301
Gores Sponsor Iv Llc	director, 10 percent owner	9800 WILSHIRE BLVD., BEVERLY HILLS CA 90212
Jeffrey Gene Rea	director	C/O STOCK BUILDING SUPPLY HOLDINGS, INC., 8020 ARCO CORPORATE DRIVE, SUITE 400, RALEIGH NC 27617
Mark Stone	officer: Chief Executive Officer	10877 WILSHIRE BOULEVARD, 18TH FLOOR, LOS ANGELES CA 90024
Andrew Mcbride	officer: CFO & Secretary	9800 WILSHIRE BLVD., BEVERLY HILLS CA 90212
Patton William B Jr	director
Randy Bort	director	1150 N. ALMA SCHOOL ROAD, MESA AZ 85201