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Edoc Acquisition (Edoc Acquisition) Accounts Receivable : $0.00 Mil (As of Sep. 2023)


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What is Edoc Acquisition Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Edoc Acquisition's accounts receivables for the quarter that ended in Sep. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Edoc Acquisition's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-1.72.


Edoc Acquisition Accounts Receivable Historical Data

The historical data trend for Edoc Acquisition's Accounts Receivable 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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Edoc Acquisition Accounts Receivable Chart

Edoc Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Accounts Receivable
- - -

Edoc Acquisition Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Edoc Acquisition Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Edoc Acquisition Accounts Receivable 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 receivables are being managed.

Edoc Acquisition's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Edoc Acquisition's accounts receivable are only considered to be worth 75% of book value:

Edoc Acquisition's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.012+0.75 * 0+0.5 * 0-6.275
-0-0)/3.63688
=-1.72

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Edoc Acquisition Accounts Receivable Related Terms

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Edoc Acquisition (Edoc Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
7612 Main Street Fishers, Suite 200, Victor, NY, USA, 14564
Edoc Acquisition Corp is a blank check company.
Executives
Yan Michael Li director 7612 MAIN STREET FISHERS SUITE 200, VICTOR NY 14564
Jintao Zheng director 7612 MAIN STREET FISHERS SUITE 200, VICTOR NY 14564
Yakira Capital Management, Inc. 10 percent owner 1555 POST ROAD EAST, SUITE 202, WESTPORT CT 06880
Bob Yunjun Ai director 444 WASHINGTON BLVD, SUITE 3338, JERSEY CITY NJ 07310
Jiuji Yan director 7612 MAIN STREET FISHERS, SUITE 200, VICTOR NY 14564
Gang Li director 7612 MAIN STREET FISHERS, SUITE 200, VICTOR NY 14564
Xiaoping Becky Zhang 10 percent owner 7612 MAIN STREET FISHERS, SUITE 200, VICTOR NY 14564
Kevin Chen director, officer: Chief Executive Officer 7612 MAIN STREET FISHERS, SUITE 200, VICTOR NY 14564
American Physicians Llc 10 percent owner 7612 MAIN STREET FISHERS, SUITE 200, VICTOR NY 14564