HNR Acquisition (HNR Acquisition) Change In Receivables : $-0.02 Mil (TTM As of Mar. 2024)

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What is HNR Acquisition Change In Receivables?

HNR Acquisition's change in receivables for the quarter that ended in Mar. 2024 was $-0.02 Mil. It means HNR Acquisition's Accounts Receivable increased by $0.02 Mil from Dec. 2023 to Mar. 2024 .

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

HNR Acquisition's Accounts Receivable for the quarter that ended in Mar. 2024 was $2.21 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. HNR Acquisition's Days Sales Outstanding for the three months ended in Mar. 2024 was 38.26.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. HNR Acquisition's liquidation value for the three months ended in Mar. 2024 was $-69.23 Mil.

HNR Acquisition Change In Receivables Historical Data

The historical data trend for HNR 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.

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HNR Acquisition Change In Receivables Chart

HNR Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-0.24

HNR Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial									0.19	-	-	-	-0.02

HNR 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 Mil.

HNR Acquisition (AMEX:HNRA) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.214	/	5.28	*	91
=	38.26

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

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

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.363	-	74.251	+	0.75 * 2.214	+	0.5 * 0
=	-69.23

HNR Acquisition Change In Receivables Related Terms

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HNR Acquisition (HNR Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » HNR Acquisition Corp (AMEX:HNRA) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

3730 Kirby Drive, Suite 1200, Houston, TX, USA, 77098

Website

https://www.hnra-nyse.com

HNR Acquisition Corp is a blank check company.

Executives

Donald Goree	director, officer: Chief Executive Officer	101 NE 3RD AVENUE, SUITE 1220, FORT LAUDERDALE FL 33301
Salvucci Joseph V Jr	director	583 EPSILON DRIVE, PITTSBURGH PA 15238
Salvucci Joseph V Sr	director	583 EPSILON DRIVE, PITTSBURGH PA 15238
Donald W Orr	director, officer: President	3730 KIRBY DRIVE, SUITE 1200, HOUSTON TX 77098