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Eagle Point Credit Co (Eagle Point Credit Co) Accounts Receivable : $0.00 Mil (As of Dec. 2023)


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What is Eagle Point Credit Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Eagle Point Credit Co's accounts receivables for the quarter that ended in Dec. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Eagle Point Credit Co's Days Sales Outstanding for the quarter that ended in Dec. 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. Eagle Point Credit Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $N/A.


Eagle Point Credit Co Accounts Receivable Historical Data

The historical data trend for Eagle Point Credit Co'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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Eagle Point Credit Co Accounts Receivable Chart

Eagle Point Credit Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Eagle Point Credit Co Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Eagle Point Credit Co Accounts Receivable Calculation

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


Eagle Point Credit Co 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.

Eagle Point Credit Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/92.798*91
=0.00

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

Eagle Point Credit Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(46.445+0.75 * 0+0.5 * 0-218.717
-27.433-0)/0
=N/A

* 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.


Eagle Point Credit Co Accounts Receivable Related Terms

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Eagle Point Credit Co (Eagle Point Credit Co) Business Description

Traded in Other Exchanges
Address
600 Steamboat Road, Suite 202, Greenwich, CT, USA, 06830
Eagle Point Credit Co Inc is an externally managed, non-diversified closed-end management investment company.

Eagle Point Credit Co (Eagle Point Credit Co) Headlines

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