Legato Merger III (Legato Merger III) Receivables Turnover : 0.00 (As of Nov. 2023)

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What is Legato Merger III Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Legato Merger III's Revenue for the three months ended in Nov. 2023 was $0.00 Mil. Legato Merger III's average Accounts Receivable for the three months ended in Nov. 2023 was $0.00 Mil.

Legato Merger III Receivables Turnover Historical Data

The historical data trend for Legato Merger III's Receivables Turnover 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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Legato Merger III Receivables Turnover Chart

Legato Merger III Annual Data

Trend

Receivables Turnover

Legato Merger III Quarterly Data
	Nov23
Receivables Turnover	-

Competitive Comparison of Legato Merger III's Receivables Turnover

For the Shell Companies subindustry, Legato Merger III's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Legato Merger III's Receivables Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Legato Merger III's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Legato Merger III's Receivables Turnover falls into.

Legato Merger III Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Legato Merger III's Receivables Turnover for the fiscal year that ended in . 20 is calculated as

	Receivables Turnover (A: . 20 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: . 20 )	/ (	(Accounts Receivable (A: . 20 )	+	Accounts Receivable (A: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Legato Merger III's Receivables Turnover for the quarter that ended in Nov. 2023 is calculated as

	Receivables Turnover (Q: Nov. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Nov. 2023 )	/ (	(Accounts Receivable (Q: . 20 )	+	Accounts Receivable (Q: Nov. 2023 ))	/	count )
=	0	/ (	(	+	0)	/	1 )
=	0	/	0
=	N/A

Legato Merger III (AMEX:LEGT) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Legato Merger III Receivables Turnover Related Terms

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Legato Merger III (Legato Merger III) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Legato Merger Corp III (AMEX:LEGT) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

777 Third Avenue, 37th Floor, New York, NY, USA, 10017

Website

Legato Merger Corp III is a blank check company.

Legato Merger III (Legato Merger III) Headlines

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