Blackrock Floating Rateome Trust (Blackrock Floating Rateome Trust) Change In Receivables : $-2.52 Mil (TTM As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Blackrock Floating Rateome Trust Change In Receivables?

Blackrock Floating Rateome Trust's change in receivables for the quarter that ended in Dec. 2023 was $-1.86 Mil. It means Blackrock Floating Rateome Trust's Accounts Receivable increased by $1.86 Mil from Jun. 2023 to Dec. 2023 .

Blackrock Floating Rateome Trust's change in receivables for the fiscal year that ended in Dec. 2023 was $-2.52 Mil. It means Blackrock Floating Rateome Trust's Accounts Receivable increased by $2.52 Mil from Dec. 2022 to Dec. 2023 .

Blackrock Floating Rateome Trust's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.00 Mil.

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 Receivable are being managed. Blackrock Floating Rateome Trust's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Blackrock Floating Rateome Trust's liquidation value for the six months ended in Dec. 2023 was $-105.91 Mil.

Blackrock Floating Rateome Trust Change In Receivables Historical Data

The historical data trend for Blackrock Floating Rateome Trust's Change In Receivables 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.

Blackrock Floating Rateome Trust Change In Receivables Chart

Blackrock Floating Rateome Trust Annual Data

Trend

Oct17

Oct18

Oct19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

0.29

-0.49

0.14

-0.49

-2.52

Blackrock Floating Rateome Trust Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial								-0.21	-1.21	0.72	-0.66	-1.86

Blackrock Floating Rateome Trust Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-2.52 Mil.

Blackrock Floating Rateome Trust (NYSE:BGT) Change In Receivables 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 Receivable are being managed.

Blackrock Floating Rateome Trust's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	18.723	*	91
=	0.00

2. In Ben Graham's calculation of liquidation value, Blackrock Floating Rateome Trust's accounts receivable are only considered to be worth 75% of book value:

Blackrock Floating Rateome Trust's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	105.91	+	0.75 * 0	+	0.5 * 0
=	-105.91

Blackrock Floating Rateome Trust Change In Receivables Related Terms

Thank you for viewing the detailed overview of Blackrock Floating Rateome Trust's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Blackrock Floating Rateome Trust (Blackrock Floating Rateome Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock Floating Rate Income Trust (NYSE:BGT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Bellevue Parkway, Wilmington, DE, USA, 19809

Website

https://www.blackrock.com

Blackrock Floating Rate Income Trust is a closed-end management investment company. Its investment objective is to provide a high level of current income. The company's secondary investment objective is to seek the preservation of capital. The Trust seeks to achieve its investment objectives by investing mainly, under normal conditions, at least 80% of its assets in floating and variable rate instruments of U.S. and non-U.S. issuers, including a substantial portion of its assets in global floating and variable rate securities including senior secured floating rate loans made to corporate and other business entities.

Executives

Arthur Philip Steinmetz	director	50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman	officer: Chief Compliance Officer	50 HUDSON YARDS, NEW YORK NY 10001
Lorenzo Flores	director	2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman	director	P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris	director	1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker	officer: Chief Financial Officer	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Robert Glenn Hubbard	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Richard Cavanagh	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Frank Fabozzi	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Blackrock Internationl, Ltd.	other: Investment Adviser	800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
James Keenan	other: Portfolio Manager	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Abigail Apistolas	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Henry Gabbay	officer: Treasurer	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Mitchell Garfin	other: Portfolio Manager	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Carly Wilson	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055

Blackrock Floating Rateome Trust (Blackrock Floating Rateome Trust) Headlines

From GuruFocus

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

By Business Wire Business Wire • 12-20-2021