Trine Acquisition (Trine Acquisition) Change In Receivables : $0.00 Mil (TTM As of Sep. 2020)

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What is Trine Acquisition Change In Receivables?

Trine Acquisition's change in receivables for the quarter that ended in Sep. 2020 was $0.00 Mil. It means Trine Acquisition's Accounts Receivable stayed the same from Jun. 2020 to Sep. 2020 .

Trine Acquisition's change in receivables for the fiscal year that ended in Dec. 2019 was $0.00 Mil. It means Trine Acquisition's Accounts Receivable stayed the same from Dec. 2018 to Dec. 2019 .

Trine Acquisition's Accounts Receivable for the quarter that ended in Sep. 2020 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. Trine Acquisition's liquidation value for the three months ended in Sep. 2020 was $-14.38 Mil.

Trine Acquisition Change In Receivables Historical Data

The historical data trend for Trine 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.

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Trine Acquisition Change In Receivables Chart

Trine Acquisition Annual Data

Trend

Dec18

Dec19

Change In Receivables

Trine Acquisition Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Change In Receivables	Get a 7-Day Free Trial			-	-	-	-	-

Trine 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 Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Trine Acquisition (NYSE:TRNE) 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.

Trine Acquisition'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 liquidation value, Trine Acquisition's accounts receivable are only considered to be worth 75% of book value:

Trine Acquisition's liquidation value for the quarter that ended in Sep. 2020 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.088	-	14.466	+	0.75 * 0	+	0.5 * 0
=	-14.38

Trine Acquisition Change In Receivables Related Terms

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Trine Acquisition (Trine Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Trine Acquisition Corp (NYSE:TRNE) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

405 Lexington Avenue, 48th Floor, The Chrysler Building, New York, NY, USA, 10174

Website

https://www.trineacquisitioncorp.com

Trine 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.