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Alliancebernstein Glb High Fund (Alliancebernstein Glb High Fund) Accounts Receivable : $0.0 Mil (As of Sep. 2023)


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What is Alliancebernstein Glb High Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Alliancebernstein Glb High Fund's accounts receivables for the quarter that ended in Sep. 2023 was $0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Alliancebernstein Glb High Fund's Days Sales Outstanding for the quarter that ended in Sep. 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. Alliancebernstein Glb High Fund's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.28.


Alliancebernstein Glb High Fund Accounts Receivable Historical Data

The historical data trend for Alliancebernstein Glb High 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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Alliancebernstein Glb High Fund Accounts Receivable Chart

Alliancebernstein Glb High Fund Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
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Alliancebernstein Glb High Fund Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Alliancebernstein Glb High Fund Accounts Receivable Calculation

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


Alliancebernstein Glb High 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.

Alliancebernstein Glb High Fund's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/31.174*91
=0.00

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

Alliancebernstein Glb High Fund's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.041+0.75 * 0+0.5 * 0-24.579
-0-0)/86.2297
=-0.28

* 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.


Alliancebernstein Glb High Fund Accounts Receivable Related Terms

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Alliancebernstein Glb High Fund (Alliancebernstein Glb High Fund) Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, New York, NY, USA, 10105
Alliancebernstein Glb High Inc Fund Inc is a United States-based diversified, closed-end management investment company. Its primary investment objective is to seek high current income, and secondarily, capital appreciation. The fund invests in the debt securities, including Sovereign Debt Obligations and corporate debt, denominated in non-U.S. currencies as well as in the U.S. Dollar. It may invest without limit in emerging and developed markets and debt securities of U.S. and non-U.S. corporate issuers.
Executives
Gershon M Distenfeld officer: Vice President C/O ALLIANCE CAPITAL MANAGEMENT CORP., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
William Walsh Smith officer: VP & Portfolio Manager 501 COMMERCE STREET, NASHVILLE TN 37203
Fahd Malik officer: VP & Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Christian Diclementi officer: VP & Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Joan M Lammtennant other: Director of Fund's Adviser 40 WANTAGE AVE, BRANCHVILLE NJ 07890
Todd Walthall other: Director of Fund's Adviser C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Seth P Bernstein other: Pres, CEO & Dir, Fund's Advsr C/O ALLIANCEBERNSTEIN HOLDING, L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Onur Erzan director, officer: President & CEO C/O ALLIANCE BERNSTEIN L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Jeanette W Loeb director 895 PARK AVENUE, NEW YORK NY 10075
Ali Dibadj other: CFO of Fund's Adviser C/O JANUS HENDERSON GROUP, 151 DETROIT STREET, DENVER CO 80206
Karl Sprules other: Head GTO of Fund's Adviser C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Jorge A. Bermudez director CORPORATE LAW DEPT., CITIGROUP INC., 425 PARK AVENUE, NEW YORK NY 10043
Bertram L Scott other: Director of Fund's Adviser C/O BECTON DICKERSON & CO, 1 BECTON DR, FRANKLIN LAKES NJ 07417
Douglas J Peebles officer: Portfolio Manager C/O ALLIANCE CAPITAL MANAGEMENT COR, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Nella Domenici other: Director of Fund's Adviser C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105