PennantPark Floating Rate Capital (PennantPark Floating Rate Capital) Change In Receivables : $9.52 Mil (TTM As of Dec. 2023)

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What is PennantPark Floating Rate Capital Change In Receivables?

PennantPark Floating Rate Capital's change in receivables for the quarter that ended in Dec. 2023 was $-1.16 Mil. It means PennantPark Floating Rate Capital's Accounts Receivable increased by $1.16 Mil from Sep. 2023 to Dec. 2023 .

PennantPark Floating Rate Capital's change in receivables for the fiscal year that ended in Sep. 2023 was $-0.00 Mil. It means PennantPark Floating Rate Capital's Accounts Receivable increased by $0.00 Mil from Sep. 2022 to Sep. 2023 .

PennantPark Floating Rate Capital'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. PennantPark Floating Rate Capital's Days Sales Outstanding for the three 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. PennantPark Floating Rate Capital's liquidation value for the three months ended in Dec. 2023 was $-625.22 Mil.

PennantPark Floating Rate Capital Change In Receivables Historical Data

The historical data trend for PennantPark Floating Rate Capital'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.

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PennantPark Floating Rate Capital Change In Receivables Chart

PennantPark Floating Rate Capital Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

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-4.08

3.22

-35.74

28.43

PennantPark Floating Rate Capital Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-10.68	12.21	-8.59	7.06	-1.16

PennantPark Floating Rate Capital 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 quarterly data reported by the company within the most recent 12 months, which was $9.52 Mil.

PennantPark Floating Rate Capital (NYSE:PFLT) 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.

PennantPark Floating Rate Capital'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	/	24.237	*	91
=	0.00

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

PennantPark Floating Rate Capital'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)
=	75.826	-	701.046	+	0.75 * 0	+	0.5 * 0
=	-625.22

PennantPark Floating Rate Capital Change In Receivables Related Terms

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PennantPark Floating Rate Capital (PennantPark Floating Rate Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » PennantPark Floating Rate Capital Ltd (NYSE:PFLT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

PFLT:Israel 22P:Germany

Address

1691 Michigan Avenue, Miami, FL, USA, 33139

Website

https://www.pennantpark.com

PennantPark Floating Rate Capital Ltd is a closed-end, externally managed, non-diversified investment company. Its investment objectives are to generate current income and capital appreciation by investing in Floating Rate Loans and other investments made to U.S. middle-market companies. The company believes that Floating Rate Loans to U.S. middle-market companies offer attractive risk-reward to investors due to the limited amount of capital available for such companies and the potential for rising interest rates. The company generate revenue in the form of interest income on the debt securities and dividends.

Executives

Allorto Richard T Jr	officer: CFO and Treasurer	C/O PENNANTPARK INVESTMENT CORPORATION, 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Jose A Briones	director	55 PLEASANTVILLE ROAD, NEW VERNON NJ 07976
Richard Cheung	officer: See Remarks	C/O CAREY CREDIT INCOME FUND, 330 MADISON AVENUE, NEW YORK NY 10017
Samuel L Katz	director	9 WEST 57TH ST, NEW YORK NY 10019
Adam K Bernstein	director	C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Aviv Efrat	officer: CFO	C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Arthur H Penn	director, officer: Chairman and CEO, other: Investment Adviser
Jeffrey Flug	director	C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Marshall Brozost	director	C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022