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CT UK Highome Trust (LSE:CHIU) Accounts Receivable : £0.00 Mil (As of Mar. 2024)


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What is CT UK Highome Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CT UK Highome Trust's accounts receivables for the quarter that ended in Mar. 2024 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CT UK Highome Trust's Days Sales Outstanding for the quarter that ended in Mar. 2024 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. CT UK Highome Trust's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was £-0.13.


CT UK Highome Trust Accounts Receivable Historical Data

The historical data trend for CT UK Highome 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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CT UK Highome Trust Accounts Receivable Chart

CT UK Highome Trust Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
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CT UK Highome Trust Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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CT UK Highome Trust Accounts Receivable Calculation

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


CT UK Highome 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.

CT UK Highome Trust's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/13.017*91
=0.00

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

CT UK Highome Trust'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)
=(1.086+0.75 * 0+0.5 * 0-15.79
-0-0)/114.031
=-0.13

* 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.


CT UK Highome Trust Accounts Receivable Related Terms

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CT UK Highome Trust (LSE:CHIU) Business Description

Traded in Other Exchanges
Address
Quartermile 4, 6th Floor, 7a Nightingale Way, Edinburgh, GBR, EH3 9EG
CT UK High Income Trust PLC is a closed-end listed investment company, which carries on business as an investment trust. Its investment objective is to provide an attractive return to shareholders each year in the form of dividends and/or capital repayments, together with prospects for capital growth. The company invests predominantly in UK equities and equity-related securities of companies across the market capitalization spectrum. The company's portfolio includes the following sectors: Consumer Discretionary, Financials, Consumer Staples, Basic Materials, Health Care, and Others.

CT UK Highome Trust (LSE:CHIU) Headlines