Accounts Receivable are created when a customer has received a product but has not yet paid for that product. MFS Charterome Trust's accounts receivables for the quarter that ended in Nov. 2023 was $0.00 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
MFS Charterome Trust's Days Sales Outstanding for the quarter that ended in Nov. 2023 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. MFS Charterome Trust's Net-Net Working Capital per share for the quarter that ended in Nov. 2023 was $-2.43.
MFS Charterome Trust Accounts Receivable Historical Data
The historical data trend for MFS Charterome Trust'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.
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.
MFS Charterome Trust's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), MFS Charterome Trust's accounts receivable are only considered to be worth 75% of book value:
MFS Charterome Trust's Net-Net Working Capital Per Share for the quarter that ended in Nov. 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.
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.
MFS Charterome Trust Accounts Receivable Related Terms
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MFS Charterome Trust (MFS Charterome Trust) Business Description
MFS Charter Income Trust is a United States-based closed-end fund. Its investment objective is to seek high current income. The fund invests the assets in debt instruments. It invests the assets in corporate bonds of U.S. and foreign issuers, U.S. Government securities, foreign government securities, mortgage-backed and other asset-backed securities of U.S. and foreign issuers, and debt instruments of issuers located in emerging market countries. The portfolio of investments comprises different sectors investment such as aerospace, airlines, automotive, building, business services, chemicals, electronics, and other sectors.
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