Tottenham Acquisition I (Tottenham Acquisition I) Accounts Receivable : $0.00 Mil (As of Sep. 2020)

View and export this data going back to 2018. Start your Free Trial

What is Tottenham Acquisition I Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tottenham Acquisition I's accounts receivables for the quarter that ended in Sep. 2020 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. Tottenham Acquisition I's Net-Net Working Capital per share for the quarter that ended in Sep. 2020 was $-1.17.

Tottenham Acquisition I Accounts Receivable Historical Data

The historical data trend for Tottenham Acquisition I'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.

* Premium members only.

Tottenham Acquisition I Accounts Receivable Chart

Tottenham Acquisition I Annual Data

Trend

Dec17

Dec18

Dec19

Accounts Receivable

Tottenham Acquisition I Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Accounts Receivable	Get a 7-Day Free Trial						-	-	-	-	-

Tottenham Acquisition I Accounts Receivable Calculation

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

Tottenham Acquisition I 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.

Tottenham Acquisition I's Days Sales Outstanding for the quarter that ended in Sep. 2020 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0	*	91
=

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

Tottenham Acquisition I's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2020 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)
=	(0.44	+	0.75 * 0	+	0.5 * 0	-	4.786
-	0	-	0)	/	3.71039
=	-1.17

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.

Tottenham Acquisition I Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Tottenham Acquisition I's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Tottenham Acquisition I (Tottenham Acquisition I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Tottenham Acquisition I Ltd (NAS:CLNN) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

39-41 Wellington Street, Unit 902, Lucky Building, Central, Hong Kong, HKG

Website

Tottenham Acquisition I Ltd is a blank check company formed for the purpose of entering a merger, share exchange, asset acquisition, share purchase, recapitalization or similar business with one or more businesses or entities.