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Adams Diversified Equity Fund (Adams Diversified Equity Fund) Accounts Receivable : $0.0 Mil (As of Dec. 2023)


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What is Adams Diversified Equity Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Adams Diversified Equity Fund's accounts receivables for the quarter that ended in Dec. 2023 was $0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Adams Diversified Equity Fund's Days Sales Outstanding for the quarter that ended in Dec. 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. Adams Diversified Equity Fund's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.09.


Adams Diversified Equity Fund Accounts Receivable Historical Data

The historical data trend for Adams Diversified Equity 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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Adams Diversified Equity Fund Accounts Receivable Chart

Adams Diversified Equity Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Adams Diversified Equity Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Adams Diversified Equity Fund Accounts Receivable Calculation

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


Adams Diversified Equity 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.

Adams Diversified Equity Fund's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/231.9*91
=0.00

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

Adams Diversified Equity Fund's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(0.253+0.75 * 0+0.5 * 0-11.012
-0-0)/124.028
=-0.09

* 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.


Adams Diversified Equity Fund Accounts Receivable Related Terms

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Adams Diversified Equity Fund (Adams Diversified Equity Fund) Business Description

Traded in Other Exchanges
N/A
Address
500 East Pratt Street, Suite 1300, Baltimore, MD, USA, 21202
Adams Diversified Equity Fund Inc is a diversified investment company. It is an internally-managed closed-end fund. The investment objectives of the company are the preservation of capital, the attainment of reasonable income from investments, and an opportunity for capital appreciation.
Executives
Mary Christine Gay director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Jane Musser Nelson director 100 FEDERAL STREET, 31ST FLOOR, BOSTON MA 02110
Frederic A Escherich director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Mark E. Stoeckle officer: CEO ADAMS FUNDS, 500 EAST PRATT ST., STE. 1300, BALTIMORE MD 21202
Janis F. Kerns officer: Gen Counsel,Corp Sec, CCO ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Lauriann C Kloppenburg director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Craig R Smith director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Kenneth James Dale director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Swindell Douglas Cotton officer: E.V.P. ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
James P. Haynie officer: President ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Roger W Gale director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Hooper Lawrence L Jr officer: VP, Sec'y & Gen'l Counsel 500 EAST PRATT STREET, STE 1300, BALTIMORE MD 21202
Prue Nancy J F officer: Executive Vice President 775 BRUSHWOOD COURT, MILLERSVILLE MD 21108
Douglas G Ober director, officer: Chairman & CEO 7 ST PAUL STREET, STE 1140, BALTIMORE MD 21202
Gregory Hazlett director C/O ABERDEEN ASSET MANAGEMENT INC, 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103