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Ground Rentsome Fund (LSE:GRIO) Accounts Receivable : £0.00 Mil (As of Sep. 2022)


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What is Ground Rentsome Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ground Rentsome Fund's accounts receivables for the quarter that ended in Sep. 2022 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ground Rentsome Fund's Days Sales Outstanding for the quarter that ended in Sep. 2022 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. Ground Rentsome Fund's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was £-0.23.


Ground Rentsome Fund Accounts Receivable Historical Data

The historical data trend for Ground Rentsome 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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Ground Rentsome Fund Accounts Receivable Chart

Ground Rentsome Fund Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Accounts Receivable
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Ground Rentsome Fund Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
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Ground Rentsome Fund Accounts Receivable Calculation

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


Ground Rentsome 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.

Ground Rentsome Fund's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/1.174*91
=0.00

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

Ground Rentsome Fund's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 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)
=(1.912+0.75 * 0+0.5 * 0-23.713
-0-0)/95.6676
=-0.23

* 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.


Ground Rentsome Fund Accounts Receivable Related Terms

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Ground Rentsome Fund (LSE:GRIO) Business Description

Traded in Other Exchanges
N/A
Address
1 London Wall Place, London, GBR, EC2Y 5AU
Ground Rents Income Fund PLC is a closed-ended real estate investment trust. It is involved in ground rents which include freeholds and leaseholds of residential, retail, and commercial. Its investment objective is to provide secure long-term performance through investment in long-dated UK ground rents, which have historically had little correlation to traditional property asset classes and have seen their value remain consistent regardless of the underlying state of the economy. It also offers a commission on insurance policies. The majority of the revenue is earned by the income received from the ground rent.

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