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Schroderome Growth Fund (LSE:SCF) Accounts Receivable : £0.00 Mil (As of Feb. 2024)


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What is Schroderome Growth Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Schroderome Growth Fund's accounts receivables for the quarter that ended in Feb. 2024 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Schroderome Growth Fund's Days Sales Outstanding for the quarter that ended in Feb. 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. Schroderome Growth Fund's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was £-0.41.


Schroderome Growth Fund Accounts Receivable Historical Data

The historical data trend for Schroderome Growth 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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Schroderome Growth Fund Accounts Receivable Chart

Schroderome Growth Fund Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Accounts Receivable
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Schroderome Growth Fund Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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Schroderome Growth Fund Accounts Receivable Calculation

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


Schroderome Growth 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.

Schroderome Growth Fund's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/4.043*91
=0.00

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

Schroderome Growth Fund's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=(2.492+0.75 * 0+0.5 * 0-30.729
-0-0)/69.4253
=-0.41

* 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.


Schroderome Growth Fund Accounts Receivable Related Terms

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Schroderome Growth Fund (LSE:SCF) Business Description

Traded in Other Exchanges
Address
1 London Wall Place, London, GBR, EC2Y 5AU
Schroder Income Growth Fund PLC is an investment trust engaged in the business of asset management. It manages assets of institutional and retail investors, financial institutions, and high net worth individuals. The company's objective is to provide growth of income by investing mainly in above average yielding UK equities, fixed income, multi-asset, alternatives and real estate asset classes. It invests across the markets with a focus on building a diversified portfolio within a risk-controlled framework and also consists of research, portfolio construction, and review/sell discipline stages.

Schroderome Growth Fund (LSE:SCF) Headlines

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