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Horizon Space Acquisition I (Horizon Space Acquisition I) Accounts Receivable : $0.00 Mil (As of Mar. 2024)


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What is Horizon Space Acquisition I Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Horizon Space Acquisition I's accounts receivables for the quarter that ended in Mar. 2024 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. Horizon Space Acquisition I's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $N/A.


Horizon Space Acquisition I Accounts Receivable Historical Data

The historical data trend for Horizon Space 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.

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Horizon Space Acquisition I Accounts Receivable Chart

Horizon Space Acquisition I Annual Data
Trend Dec22 Dec23
Accounts Receivable
- -

Horizon Space Acquisition I Semi-Annual Data
Aug22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial - - - - -

Horizon Space Acquisition I Accounts Receivable Calculation

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


Horizon Space 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.

Horizon Space Acquisition I's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

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

Horizon Space Acquisition I's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(0.093+0.75 * 0+0.5 * 0-3.031
-0-0)/0
=N/A

* 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.


Horizon Space Acquisition I Accounts Receivable Related Terms

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Horizon Space Acquisition I (Horizon Space Acquisition I) Business Description

Traded in Other Exchanges
Address
1412 Broadway, 21st Floor, Suite 21V, New York, NY, USA, 10018
Website
Horizon Space Acquisition I Corp is a blank check company.

Horizon Space Acquisition I (Horizon Space Acquisition I) Headlines