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.
RiverNorth Flexible Municipalome Fund'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. RiverNorth Flexible Municipalome Fund's liquidation value for the
six
months ended in Dec. 2023 was $-62.68 Mil.
RiverNorth Flexible Municipalome Fund Change In Receivables Historical Data
* 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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RiverNorth Flexible Municipalome Fund Change In Receivables Chart
RiverNorth Flexible Municipalome Fund Annual Data
Trend
Jun20
Jun21
Jun22
Jun23
Change In Receivables
-1.05
0.25
-0.49
-0.33
RiverNorth Flexible Municipalome Fund Semi-Annual Data
RiverNorth Flexible Municipalome Fund 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 $0.69 Mil.
* 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.
RiverNorth Flexible Municipalome Fund (NYSE:RFM) 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.
RiverNorth Flexible Municipalome Fund's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
2. In Ben Graham's calculation of liquidation value, RiverNorth Flexible Municipalome Fund's accounts receivable are only considered to be worth 75% of book value:
RiverNorth Flexible Municipalome Fund's liquidation value 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.
RiverNorth Flexible Municipalome Fund Change In Receivables Related Terms
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RiverNorth Flexible Municipalome Fund (RiverNorth Flexible Municipalome Fund) Business Description
RiverNorth Flexible Municipal Income Fund Inc is a diversified, closed-end management investment company. Its primary investment objective is to seek current income exempt from regular U.S. federal income taxes. The fund's secondary investment objective is total return.
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