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PROOF Acquisition I (PROOF Acquisition I) Receivables Turnover : 0.00 (As of Sep. 2023)


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What is PROOF Acquisition I Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. PROOF Acquisition I's Revenue for the three months ended in Sep. 2023 was $0.00 Mil. PROOF Acquisition I's average Accounts Receivable for the three months ended in Sep. 2023 was $0.00 Mil.


PROOF Acquisition I Receivables Turnover Historical Data

The historical data trend for PROOF Acquisition I's Receivables Turnover 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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PROOF Acquisition I Receivables Turnover Chart

PROOF Acquisition I Annual Data
Trend Dec21 Dec22
Receivables Turnover
- -

PROOF Acquisition I Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of PROOF Acquisition I's Receivables Turnover

For the Shell Companies subindustry, PROOF Acquisition I's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PROOF Acquisition I's Receivables Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, PROOF Acquisition I's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PROOF Acquisition I's Receivables Turnover falls into.



PROOF Acquisition I Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

PROOF Acquisition I's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

PROOF Acquisition I's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=0 / ((0 + 0) / 1 )
=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.


PROOF Acquisition I  (NYSE:PACI.U) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


PROOF Acquisition I Receivables Turnover Related Terms

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PROOF Acquisition I (PROOF Acquisition I) Business Description

Traded in Other Exchanges
N/A
Address
11911 Freedom Drive, Suite 1080, Reston, VA, USA, 20190
Website
PROOF Acquisition Corp I I is a newly-formed blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.