Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Blackstone Senior Floating Rate Term Fund's accounts receivables for the quarter that ended in Dec. 2023 was $0.00 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Blackstone Senior Floating Rate Term 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. Blackstone Senior Floating Rate Term Fund's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-8.12.
Blackstone Senior Floating Rate Term Fund Accounts Receivable Historical Data
The historical data trend for Blackstone Senior Floating Rate Term 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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Blackstone Senior Floating Rate Term Fund Annual Data
Blackstone Senior Floating Rate Term Fund Accounts Receivable Calculation
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
Blackstone Senior Floating Rate Term 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.
Blackstone Senior Floating Rate Term Fund's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Blackstone Senior Floating Rate Term Fund's accounts receivable are only considered to be worth 75% of book value:
Blackstone Senior Floating Rate Term Fund's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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.
Blackstone Senior Floating Rate Term Fund Accounts Receivable Related Terms
Thank you for viewing the detailed overview of Blackstone Senior Floating Rate Term Fund's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Blackstone Senior Floating Rate Term Fund (Blackstone Senior Floating Rate Term Fund) Business Description
Blackstone Senior Floating Rate Term Fund is a diversified, closed-end management investment company. Its primary investment objective is to seek high current income, with a secondary objective to seek preservation of capital, consistent with its primary goal of high current income. It also invests in second-lien loans and high yield bonds and employs financial leverage, which may increase the risk to the Fund.
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