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Invesco Dynamic Credit Opportunities Fund (Invesco Dynamic Credit Opportunities Fund) Accounts Receivable : $0.0 Mil (As of Aug. 2021)


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What is Invesco Dynamic Credit Opportunities Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Invesco Dynamic Credit Opportunities Fund's accounts receivables for the quarter that ended in Aug. 2021 was $0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Invesco Dynamic Credit Opportunities Fund's Days Sales Outstanding for the quarter that ended in Aug. 2021 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. Invesco Dynamic Credit Opportunities Fund's Net-Net Working Capital per share for the quarter that ended in Aug. 2021 was $-7.48.

Invesco Dynamic Credit Opportunities Fund Accounts Receivable Historical Data

The historical data trend for Invesco Dynamic Credit Opportunities 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.

* Premium members only.

Invesco Dynamic Credit Opportunities Fund Accounts Receivable Chart

Invesco Dynamic Credit Opportunities Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21
Accounts Receivable
- - - -

Invesco Dynamic Credit Opportunities Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21
Accounts Receivable Get a 7-Day Free Trial Premium Member Only - - - - -

Invesco Dynamic Credit Opportunities Fund Accounts Receivable Calculation

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

Invesco Dynamic Credit Opportunities 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.

Invesco Dynamic Credit Opportunities Fund's Days Sales Outstanding for the quarter that ended in Aug. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/57.313*91
=0.00

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

Invesco Dynamic Credit Opportunities Fund's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2021 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)
=(36.96+0.75 * 0+0.5 * 0-508.088
-0-0)/62.9801
=-7.48

* 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 Dynamic Credit Opportunities Fund Accounts Receivable Related Terms

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Invesco Dynamic Credit Opportunities Fund (Invesco Dynamic Credit Opportunities Fund) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Invesco Dynamic Credit Opportunities Fund (NYSE:VTA) » Definitions » Accounts Receivable
Comparable Companies
LSE:HGT LSE:VOF GBL LSE:TPOU TSE:8595 LSE:HSL LSE:P2P TSX:EIT.UN LSE:NESF SLRC LSE:JESC LSE:PEY LSE:BBGI LSE:FSV LSE:SOI TCPC LSE:SCIN TSX:FSZ ASX:AUI ASX:BKI
Traded in Other Exchanges
N/A
Address
1555 Peachtree Street North-East, Suite 1800, Atlanta, GA, USA, 30309
Website
https://www.invesco.com
Invesco Dynamic Credit Opportunities Fund is an investment fund. The fund's investment objective is to seek a high level of current income, with a secondary objective of capital appreciation. The fund seeks to achieve its objectives by investing in a portfolio of interests in floating or variable senior loans to corporations, partnerships, and other entities which operate in a variety of industries and geographic regions.
Executives
Antonio Reina officer: Secretary 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Josh E Levit officer: Chief Compliance Officer 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Adrien Deberghes officer: Vice President,PFO & Treasurer 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Haley S Waldron officer: Chief Accounting Officer 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Laura Allison Dukes officer: SMD and CFO 780 JOHNSON FERRY ROAD, SUITE 800, ATLANTA GA 30342
Tara Mcaleer officer: Chief Compliance Officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Annette Lege director, officer: CFO & CAO 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Kevin M Carome director
Loren M Starr director
Stephen William Swanson officer: Secretary and General Counsel 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Robert Phillip Drobny officer: Vice President 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Mark William Gregson officer: Controller & Treasurer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Todd F Kuehl officer: Chief Compliance officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174