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FTAC Emerald Acquisition (FTAC Emerald Acquisition) Change In Receivables : $0.08 Mil (TTM As of Mar. 2024)


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What is FTAC Emerald Acquisition Change In Receivables?

FTAC Emerald Acquisition's change in receivables for the quarter that ended in Mar. 2024 was $0.08 Mil. It means FTAC Emerald Acquisition's Accounts Receivable declined by $0.08 Mil from Dec. 2023 to Mar. 2024 .

FTAC Emerald Acquisition's change in receivables for the fiscal year that ended in Dec. 2023 was $1.07 Mil. It means FTAC Emerald Acquisition's Accounts Receivable declined by $1.07 Mil from Dec. 2022 to Dec. 2023 .

FTAC Emerald Acquisition's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.00 Mil.

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 Receivable are being managed.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. FTAC Emerald Acquisition's liquidation value for the three months ended in Mar. 2024 was $-6.34 Mil.

FTAC Emerald Acquisition Change In Receivables Historical Data

The historical data trend for FTAC Emerald Acquisition's Change In Receivables 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.

FTAC Emerald Acquisition Change In Receivables Chart

FTAC Emerald Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Change In Receivables
- - 1.07

FTAC Emerald Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 0.08

FTAC Emerald Acquisition Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.08 Mil.

* 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.

FTAC Emerald Acquisition  (NAS:EMLD) Change In Receivables 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 Receivable are being managed.

FTAC Emerald Acquisition's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

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

2. In Ben Graham's calculation of liquidation value, FTAC Emerald Acquisition's accounts receivable are only considered to be worth 75% of book value:

FTAC Emerald Acquisition's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.137-6.473+0.75 * 0+0.5 * 0
=-6.34

* 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.

FTAC Emerald Acquisition Change In Receivables Related Terms

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FTAC Emerald Acquisition (FTAC Emerald Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FTAC Emerald Acquisition Corp (NAS:EMLD) » Definitions » Change In Receivables
Comparable Companies
CNDA KCGI APGB RRAC NFNT FRBN CXAC SVII NETD IPXX PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
2929 Arch Street, Suite 1703, Philadelphia, PA, USA, 19104
Website
FTAC Emerald Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination, with one or more businesses or assets.
Executives
Emerald Esg Advisors, Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Douglas Listman officer: Chief Financial Officer 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Therese Rein director GPO BOX 3208, BRISBANE C3 4000
Betsy Z Cohen director, 10 percent owner
Lisa M Shalett director C/O PENNYMAC, 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Andrew Hohns director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Tensie Whelan director C/O INVESTINDUSTRIAL, INC., 11-12 ST. JAMES SQUARE, 3RD FLOOR, LONDON X0 SW1Y 4LB
Mark R Tercek director
Young Bracebridge H Jr officer: President and CEO 35 WYKEHAM RD, NEWTON MA 02465
Emerald Esg Sponsor, Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104