What is Invesco Highome 2024 Target Term Accounts Receivable?
Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Invesco Highome 2024 Target Term's accounts receivables for the quarter that ended in Aug. 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. Invesco Highome 2024 Target Term's Net-Net Working Capital per share for the quarter that ended in Aug. 2023 was $-3.26.
Invesco Highome 2024 Target Term Accounts Receivable Historical Data
* 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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Invesco Highome 2024 Target Term Accounts Receivable Chart
Invesco Highome 2024 Target Term Accounts Receivable Calculation
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
Invesco Highome 2024 Target Term 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.
Invesco Highome 2024 Target Term's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Invesco Highome 2024 Target Term's accounts receivable are only considered to be worth 75% of book value:
Invesco Highome 2024 Target Term's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2023 is calculated as:
* 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.
Invesco Highome 2024 Target Term Accounts Receivable Related Terms
Thank you for viewing the detailed overview of Invesco Highome 2024 Target Term's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Invesco Highome 2024 Target Term (Invesco Highome 2024 Target Term) Business Description
Invesco High Income 2024 Target Term is a non-diversified, closed-end management investment company. The investment objectives of the company are to provide a high level of current income and to return approximately $9.835 per share to common shareholders. The company invests in securities collateralized by loans secured by real properties and other real estate related debt securities.
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