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BlackRockome and Growth Investment Trust (LSE:BRIG) Accounts Receivable : £0.00 Mil (As of Oct. 2023)


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What is BlackRockome and Growth Investment Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BlackRockome and Growth Investment Trust's accounts receivables for the quarter that ended in Oct. 2023 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. BlackRockome and Growth Investment Trust's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was £-0.16.


BlackRockome and Growth Investment Trust Accounts Receivable Historical Data

The historical data trend for BlackRockome and Growth Investment Trust'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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BlackRockome and Growth Investment Trust Accounts Receivable Chart

BlackRockome and Growth Investment Trust Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Accounts Receivable
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BlackRockome and Growth Investment Trust Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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BlackRockome and Growth Investment Trust Accounts Receivable Calculation

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


BlackRockome and Growth Investment Trust 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.

BlackRockome and Growth Investment Trust's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/-3.592*91
=

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

BlackRockome and Growth Investment Trust's Net-Net Working Capital Per Share for the quarter that ended in Oct. 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)
=(1.11+0.75 * 0+0.5 * 0-4.381
-0-0)/20.6035
=-0.16

* 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.


BlackRockome and Growth Investment Trust Accounts Receivable Related Terms

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BlackRockome and Growth Investment Trust (LSE:BRIG) Business Description

Traded in Other Exchanges
N/A
Address
12 Throgmorton Avenue, London, GBR, EC2N 2DL
BlackRock Income and Growth Investment Trust PLC is a United Kingdom-based asset management firm, whose principal activity is portfolio investment. Its objective is to provide growth in capital and income over the long-term through investment in a diversified portfolio of principally the UK listed equities. BlackRock's investment portfolio consists of companies in the pharmaceutical industry. It also invests across industries such as travel, tobacco, media, financial services, oil and gas, banks, non-life insurance, construction, and support services.

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