Blackrock Florida Muni 2020 Term Tr (Blackrock Florida Muni 2020 Term Tr) Accounts Receivable : $0.00 Mil (As of Jun. 2020)

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What is Blackrock Florida Muni 2020 Term Tr Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Blackrock Florida Muni 2020 Term Tr's accounts receivables for the quarter that ended in Jun. 2020 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Blackrock Florida Muni 2020 Term Tr's Days Sales Outstanding for the quarter that ended in Jun. 2020 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. Blackrock Florida Muni 2020 Term Tr's Net-Net Working Capital per share for the quarter that ended in Jun. 2020 was $-0.22.

Blackrock Florida Muni 2020 Term Tr Accounts Receivable Historical Data

The historical data trend for Blackrock Florida Muni 2020 Term Tr'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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Blackrock Florida Muni 2020 Term Tr Accounts Receivable Chart

Blackrock Florida Muni 2020 Term Tr Annual Data

Trend

Jul17

Jul18

Dec19

Accounts Receivable

Blackrock Florida Muni 2020 Term Tr Semi-Annual Data
	Jul17	Jan18	Jul18	Jun19	Dec19	Jun20
Accounts Receivable	Get a 7-Day Free Trial			-	-	-	-	-

Blackrock Florida Muni 2020 Term Tr Accounts Receivable Calculation

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

Blackrock Florida Muni 2020 Term Tr 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.

Blackrock Florida Muni 2020 Term Tr's Days Sales Outstanding for the quarter that ended in Jun. 2020 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	1.063	*	91
=	0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Blackrock Florida Muni 2020 Term Tr's accounts receivable are only considered to be worth 75% of book value:

Blackrock Florida Muni 2020 Term Tr's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2020 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)
=	(0	+	0.75 * 0	+	0.5 * 0	-	1.162
-	0	-	0)	/	5.30459
=	-0.22

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.

Blackrock Florida Muni 2020 Term Tr Accounts Receivable Related Terms

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Blackrock Florida Muni 2020 Term Tr (Blackrock Florida Muni 2020 Term Tr) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock Florida Muni 2020 Term Tr (NYSE:BFO) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Bellevue Parkway, Wilmington, DE, USA, 19809

Website

http://www.blackrock.com

Blackrock Florida Muni 2020 Term Tr is a non-diversified, closed-end management investment company. Its investment objective to provide current income exempt from regular U.S. federal income tax and Florida intangible personal property tax. The fund primarily invests in investment grade municipal bonds.

Executives

Henry Gabbay	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn	director	55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan	director	7117 BELLONA AVENUE, BALTIMORE MD 21212
Catherine A. Lynch	director	55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio	officer: Vice President	55 EAST 52ND STREET, NEW YORK NY 10055
Blackrock Holdco 2, Inc.	other: Affl. of Investment Advisor	40 EAST 52ND STREET, NEW YORK NY 10022
Barbara Novick	director	21 PINE COURT, NEW PROVIDENCE NJ 07974
Ag Ubs	other: Former 10% Owner	600 WASHINGTON BLVD., STAMFORD CT 06901
Bank Of America Corp /de/	10 percent owner	BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c.	10 percent owner	ONE BRYANT PARK, NEW YORK NY 10036
Charles Park	officer: Chief Compliance Officer	55 EAST 52ND STREET, NEW YORK NY 10055
Bank Of America Na	10 percent owner	100 N. TRYON STREET, CHARLOTTE NC 28255
Robert Crothers	officer: Vice President	55 EAST 52ND STREET, NEW YORK NY 10055
Janey Ahn	officer: Secretary	55 EAST 52ND STREET, NEW YORK NY 10055
John F Powers	director	40 EAST 52ND STREET, NEW YORK NY 10022

Blackrock Florida Muni 2020 Term Tr (Blackrock Florida Muni 2020 Term Tr) Headlines

From GuruFocus

BlackRock Florida Municipal 2020 Term Trust & BlackRock Municipal 2020 Term Trust: Announcement of Adoption of Plan of Termination

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