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WhiteHorse Finance (WhiteHorse Finance) Accounts Receivable : $0.00 Mil (As of Dec. 2023)


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What is WhiteHorse Finance Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. WhiteHorse Finance's accounts receivables for the quarter that ended in Dec. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. WhiteHorse Finance's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. WhiteHorse Finance's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-17.35.


WhiteHorse Finance Accounts Receivable Historical Data

The historical data trend for WhiteHorse Finance'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.

* Premium members only.

WhiteHorse Finance Accounts Receivable Chart

WhiteHorse Finance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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WhiteHorse Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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WhiteHorse Finance Accounts Receivable Calculation

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


WhiteHorse Finance 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.

WhiteHorse Finance's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/4.712*91
=0.00

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

WhiteHorse Finance's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(10.749+0.75 * 0+0.5 * 0-413.979
-0-0)/23.2431
=-17.35

* 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.


WhiteHorse Finance Accounts Receivable Related Terms

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WhiteHorse Finance (WhiteHorse Finance) Business Description

Traded in Other Exchanges
Address
1450 Brickell Avenue, 31st Floor, Miami, FL, USA, 33131
WhiteHorse Finance Inc is a non-diversified, closed-end management investment company. It makes debt investments in privately held; small-cap companies located in United States. Its investment objective is to generate attractive risk-adjusted returns for investors, primarily by originating senior secured loans to privately held small-cap companies across a broad range of industries.
Executives
John Bolduc director 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131
Marco A. Collazos officer: Chief Compliance Officer 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131
Stuart D Aronson director, officer: Chief Executive Officer C/O WHITEHORSE FINANCE, INC., 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131
Joyson Thomas officer: Chief Financial Officer C/O WHITEHORSE FINANCE, INC., 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131
G Stacy Smith director 300 CRESCENT COURT SUITE 1111, DALLAS TX 75201
Rick Patrick Frier director 11808 PLEASANT WYATT PLACE, CHARLOTTE NC 28277
Anthony Tamer 10 percent owner 1001 SOUTH BAYSHORE DRIVE, STE 2708, MIAMI FL 33131
Sami Mnaymneh 10 percent owner 1001 SOUTH BAYSHORE DRIVE, STE 2708, MIAMI FL 33131
Kevin Francis Burke director C/O WHITEHORSE FINANCE, INC., 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131
Rick D Puckett director 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
Edward J. Giordano officer: Chief Financial Officer C/O H.I.G. CAPITAL, LLC, 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131
Gerhard Lombard officer: Chief Financial Officer 600 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10020
Carvell James Demus Iii director, officer: Chief Executive Officer 200 CRESCENT COURT, SUITE 1414, DALLAS TX 75201
Tom C Davis director DEAN FOODS COMPANY, 2515 MCKINNEY AVE STE 1200, DALLAS TX 75201
William D Markert director, officer: CHIEF OPERATING OFFICER EVP - NETWORK FINANCIAL MANAGEMENT, 1467 ASHBOURNE CIRCLE, SHAKOPEE MN 55379