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Diverseome Trust (The) (CHIX:DIVIL) Accounts Receivable : £0.00 Mil (As of Nov. 2024)


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What is Diverseome Trust (The) Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Diverseome Trust (The)'s accounts receivables for the quarter that ended in Nov. 2024 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Diverseome Trust (The)'s Days Sales Outstanding for the quarter that ended in Nov. 2024 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. Diverseome Trust (The)'s Net-Net Working Capital per share for the quarter that ended in Nov. 2024 was £0.07.


Diverseome Trust (The) Accounts Receivable Historical Data

The historical data trend for Diverseome Trust (The)'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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Diverseome Trust (The) Accounts Receivable Chart

Diverseome Trust (The) Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Accounts Receivable
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Diverseome Trust (The) Semi-Annual Data
May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
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Diverseome Trust (The) Accounts Receivable Calculation

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


Diverseome Trust (The) 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.

Diverseome Trust (The)'s Days Sales Outstanding for the quarter that ended in Nov. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/9.081*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Diverseome Trust (The)'s accounts receivable are only considered to be worth 75% of book value:

Diverseome Trust (The)'s Net-Net Working Capital Per Share for the quarter that ended in Nov. 2024 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)
=(16.836+0.75 * 0+0.5 * 0-0.384
-0-0)/236.393
=0.07

* 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.


Diverseome Trust (The) Accounts Receivable Related Terms

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Diverseome Trust (The) Business Description

Traded in Other Exchanges
Address
Southernhay West, Broadwalk House, Exeter, Devon, GBR, EX1 1TS
Diverse Income Trust (The) PLC is a UK-based closed-end investment fund. The company mainly invests in quoted or traded UK companies with a wide range of market capitalizations but a long-term bias toward small and mid-cap equities. It adopts a stock-specific approach in managing the company's portfolio and therefore sector weightings are of secondary consideration. The company also utilizes derivative instruments including index-linked notes, contracts for differences, covered options, and other equity-related derivative instruments for efficient portfolio management, gearing, and investment purposes. Its main objective is to pay shareholders a good and growing dividend income.

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