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Doubleline Opportunistic Credit Fund (Doubleline Opportunistic Credit Fund) Accounts Receivable : $0.00 Mil (As of Sep. 2023)


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What is Doubleline Opportunistic Credit Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Doubleline Opportunistic Credit Fund's accounts receivables for the quarter that ended in Sep. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Doubleline Opportunistic Credit Fund's Days Sales Outstanding for the quarter that ended in Sep. 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. Doubleline Opportunistic Credit Fund's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-3.13.


Doubleline Opportunistic Credit Fund Accounts Receivable Historical Data

The historical data trend for Doubleline Opportunistic Credit Fund'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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Doubleline Opportunistic Credit Fund Accounts Receivable Chart

Doubleline Opportunistic Credit Fund Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
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Doubleline Opportunistic Credit Fund Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Doubleline Opportunistic Credit Fund Accounts Receivable Calculation

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


Doubleline Opportunistic Credit Fund 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.

Doubleline Opportunistic Credit Fund's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/6.569*91
=0.00

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

Doubleline Opportunistic Credit Fund's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.196+0.75 * 0+0.5 * 0-51.77
-0-0)/16.4957
=-3.13

* 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.


Doubleline Opportunistic Credit Fund Accounts Receivable Related Terms

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Doubleline Opportunistic Credit Fund (Doubleline Opportunistic Credit Fund) Business Description

Traded in Other Exchanges
N/A
Address
2002 North Tampa Street, Suite 200, Tampa, FL, USA, 33602
Doubleline Opportunistic Credit Fund operates as a closed-end management investment company. Its investment objective is to seek a high total investment return by providing a high level of current income and the potential for capital appreciation. The Fund invests in debt securities, residential and commercial mortgage-backed securities, asset-backed securities, U.S. Government securities, corporate debt, international sovereign debt, and short-term investments.
Executives
Lisa Chen officer: AML Compliance Officer C/O DOUBLELINE FUNDS, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
John C. Salter other: Trustee C/O DOUBLELINE CAPITAL LP, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
Jose Sarmenta officer: AML Officer C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Joan Elam officer: Dir of HR for DBL's Inv Adv C/O DOUBLELINE CAPITAL, 333 SOUTH GRAND AVENUE, LOS ANGELES CA 90071
Robert Herron officer: Vice President C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, LOS ANGELES CA 90071
Andrew Hsu other: Portfolio Manager of DBL C/O DOUBLELINE CAPITAL LP, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
Ken Shinoda other: Portfolio Manager of DBL C/O DOUBLELINE CAPITAL LP, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
Henry V Chase officer: See Remarks C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Maria Theresa Walker officer: Vice President 333 SOUTH GRAND AVE 18 FLOOR, LOS ANGELES CA 90071
Dawn Oswald officer: Vice President C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Youse Guia officer: CHIEF COMPLIANCE OFFICER C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Leticia A. Acosta other: Adviser 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Adam D. Rossetti officer: CHIEF COMPLIANCE OFFICER 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Winnie Han officer: Assistant Treasurer 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Brady J. Femling officer: Vice President 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071

Doubleline Opportunistic Credit Fund (Doubleline Opportunistic Credit Fund) Headlines