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BlackRock Greater Europe Investment Trust (LSE:BRGE) Accounts Receivable : £0.00 Mil (As of Aug. 2023)


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What is BlackRock Greater Europe Investment Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BlackRock Greater Europe Investment Trust's accounts receivables for the quarter that ended in Aug. 2023 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. BlackRock Greater Europe Investment Trust's Days Sales Outstanding for the quarter that ended in Aug. 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. BlackRock Greater Europe Investment Trust's Net-Net Working Capital per share for the quarter that ended in Aug. 2023 was £-0.33.


BlackRock Greater Europe Investment Trust Accounts Receivable Historical Data

The historical data trend for BlackRock Greater Europe Investment 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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BlackRock Greater Europe Investment Trust Accounts Receivable Chart

BlackRock Greater Europe Investment Trust Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Accounts Receivable
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BlackRock Greater Europe Investment Trust Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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BlackRock Greater Europe Investment Trust Accounts Receivable Calculation

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


BlackRock Greater Europe Investment 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.

BlackRock Greater Europe Investment Trust's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/14.759*91
=0.00

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

BlackRock Greater Europe Investment Trust's Net-Net Working Capital Per Share for the quarter that ended in Aug. 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+0.75 * 0+0.5 * 0-32.884
-0-0)/101
=-0.33

* 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.


BlackRock Greater Europe Investment Trust Accounts Receivable Related Terms

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BlackRock Greater Europe Investment Trust (LSE:BRGE) Business Description

Traded in Other Exchanges
Address
12 Throgmorton Avenue, Drapers Gardens, London, GBR, EC2N 2DL
BlackRock Greater Europe Investment Trust PLC is a investment trust. Its primary objective is to achieve capital growth, primarily through investment in a focused portfolio constructed from a combination of the European securities of large, mid and small capitalization. It has the flexibility to invest in any country which is included in the FTSE World Europe ex UK Index as well as other developing countries not included in the Index and which is considered as a part of Europe. Its investment policy is to invest in a diverse portfolio of approximately 30-70 securities in larger capitalization companies. The company may also invest nearly 20% of the portfolio in debt securities, such as convertible bonds and corporate bonds.

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