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. Talon 1 Acquisition's Revenue for the
three
months ended in Mar. 2023 was $0.00 Mil. Talon 1 Acquisition's average Accounts Receivable for the
three
months ended in Mar. 2023 was $0.00 Mil.
Talon 1 Acquisition Receivables Turnover Historical Data
The historical data trend for Talon 1 Acquisition'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.
Competitive Comparison of Talon 1 Acquisition's Receivables Turnover
For the Shell Companies subindustry, Talon 1 Acquisition'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.
Talon 1 Acquisition's Receivables Turnover Distribution in the Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Talon 1 Acquisition's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Talon 1 Acquisition's Receivables Turnover falls into.
Talon 1 Acquisition Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Talon 1 Acquisition's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
Talon 1 Acquisition (NAS:TOAC) 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.
Talon 1 Acquisition Receivables Turnover Related Terms
Thank you for viewing the detailed overview of Talon 1 Acquisition's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Talon 1 Acquisition (Talon 1 Acquisition) Business Description
Talon 1 Acquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more businesses.
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