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Swiftmerge Acquisition (Swiftmerge Acquisition) Accounts Receivable : $0.00 Mil (As of Mar. 2024)


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What is Swiftmerge Acquisition Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Swiftmerge Acquisition'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. Swiftmerge Acquisition's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.50.

Swiftmerge Acquisition Accounts Receivable Historical Data

The historical data trend for Swiftmerge Acquisition'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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Swiftmerge Acquisition Accounts Receivable Chart

Swiftmerge Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Accounts Receivable
- - -

Swiftmerge Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Swiftmerge Acquisition Accounts Receivable Calculation

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

Swiftmerge Acquisition 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.

Swiftmerge 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 Net-Net Working Capital (NNWC), Swiftmerge Acquisition's accounts receivable are only considered to be worth 75% of book value:

Swiftmerge Acquisition'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)
=(0.028+0.75 * 0+0.5 * 0-3.451
-0-0)/6.83991
=-0.50

* 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.

Swiftmerge Acquisition Accounts Receivable Related Terms

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Swiftmerge Acquisition (Swiftmerge Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Swiftmerge Acquisition Corp (NAS:IVCP) » Definitions » Accounts Receivable
Comparable Companies
DMYY BRAC IPVF TRCA APAC BACA GDST RCAC DUET ASCB PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
100 Park Royal, Executive Suite 200, West Vancouver, BC, CAN, V7T 1A2
Website
https://www.swiftmerg.com
Swiftmerge Acquisition Corp is a blank check company.
Executives
Wesley K Clark director 1 INFORMATION WAY, LITTLE ROCK AR 72202
Brett Conrad director 1312 CEDAR ST., SANTA MONICA CA 90405
Leonard Makowka director 2931 PLUMBROOK LANE, MAUMEE OH 43537
George L Jones director BORDERS GROUP, INC., 100 PHOENIX DRIVE, ANN ARBOR MI 48108
Christopher J Munyan officer: CFO C/O CSS INDUSTRIES, INC., 450 PLYMOUTH ROAD, SUITE 300, PLYMOUTH MEETING PA 19462
Swiftmerge Holdings Llc 10 percent owner 2710 ROSEBERY AVENUE, WEST VANCOUVER A1 V7V3A2
John Bremner director, officer: CEO C/O SWIFTMERGE ACQUISITION, 2710, WEST VANCOUVER A1 V7V3A2
Lyder Courtney director C/O SWIFTMERGE ACQUISITION, 2710 ROSEBERY AVENUE, WEST VANCOUVER A1 V7V3A2
Aston Loch officer: COO and Secretary C/O SWIFTMERGE ACQUISITION, 2710 ROSEBERY AVENUE, WEST VANCOUVER A1 V7V3A2
Sarah Boatman director C/O SWIFTMERGE ACQUISITION, 2710 ROSEBERY AVENUE, WEST VANCOUVER A1 V7V3A2