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TruGolf Holdings (TruGolf Holdings) Accounts Receivable : $0.00 Mil (As of Dec. 2023)


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What is TruGolf Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. TruGolf Holdings's accounts receivables for the quarter that ended in Dec. 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. TruGolf Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.60.


TruGolf Holdings Accounts Receivable Historical Data

The historical data trend for TruGolf Holdings'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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TruGolf Holdings Accounts Receivable Chart

TruGolf Holdings Annual Data
Trend Dec21 Dec22
Accounts Receivable
1.50 1.75

TruGolf Holdings Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 1.75 - 2.69 2.14 -

TruGolf Holdings Accounts Receivable Calculation

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


TruGolf Holdings 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.

TruGolf Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

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

TruGolf Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(0.178+0.75 * 0+0.5 * 0-8.133
-0-0)/13.2551
=-0.60

* 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.


TruGolf Holdings Accounts Receivable Related Terms

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TruGolf Holdings (TruGolf Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
60 North 1400 West, Centerville, UT, USA, 84014
TruGolf Inc is among the leading golf simulator manufacturers and distributors of golf simulator equipment, including software and hardware, and is in the process of developing a new line of next-generation golf simulator products that aims to revolutionize the virtual golf experience. The primary business of the company is the manufacturing and sale of indoor golf simulator hardware under its TruGolf brand, which includes TruGolf's E6 Connect premier software, as well as selling its E6 Connect software individually.

TruGolf Holdings (TruGolf Holdings) Headlines