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KKRome Opportunities Fund (KKRome Opportunities Fund) Accounts Receivable : $0.00 Mil (As of Oct. 2023)


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What is KKRome Opportunities Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. KKRome Opportunities Fund's accounts receivables for the quarter that ended in Oct. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. KKRome Opportunities Fund's Days Sales Outstanding for the quarter that ended in Oct. 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. KKRome Opportunities Fund's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was $-7.47.


KKRome Opportunities Fund Accounts Receivable Historical Data

The historical data trend for KKRome Opportunities Fund'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.

* Premium members only.

KKRome Opportunities Fund Accounts Receivable Chart

KKRome Opportunities Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Accounts Receivable
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KKRome Opportunities Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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KKRome Opportunities Fund Accounts Receivable Calculation

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


KKRome Opportunities Fund 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.

KKRome Opportunities Fund's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/21.603*91
=0.00

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

KKRome Opportunities Fund's Net-Net Working Capital Per Share for the quarter that ended in Oct. 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)
=(11.625+0.75 * 0+0.5 * 0-214.143
-0-0)/27.1204
=-7.47

* 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.


KKRome Opportunities Fund Accounts Receivable Related Terms

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KKRome Opportunities Fund (KKRome Opportunities Fund) Business Description

Traded in Other Exchanges
N/A
Address
555 California Street, 50th Floor, San Francisco, CA, USA, 94104
KKR Income Opportunities Fund operates as a closed-end registered management investment company. It seeks to generate a high level of current income, with a secondary objective of capital appreciation. The company invests in the portfolio of loans and fixed-income instruments of U.S. and non-U.S. issuers. The company will invest at least 80% of its Managed Assets in loans and fixed-income instruments or other instruments, including derivative instruments, with similar economic characteristics under normal market conditions.
Executives
Michael E Cahill director
Jeremiah S Lane other: Portfolio Manager 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Christopher A Sheldon other: Portfolio Manager 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Lori Hoffman officer: Secretary and Vice President 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Eric J Mogelof director, officer: President C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Suzanne Donohoe director, officer: Chairman, President 555 CALIFORNIA ST., 50TH FL., SAN FRANCISCO CA 94104
Catherine B. Sidamon-eristoff director C/O KKR CREDIT ADVISORS (US) LLC, 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Lion Connecticut Holdings Inc. 10 percent owner ONE ORANGE WAY, WINDSOR CT 06095
Voya Financial, Inc. 10 percent owner 230 PARK AVENUE, NEW YORK NY 10169
Ing Life Insurance & Annuity Co 10 percent owner ONE ORANGE WAY, WINDSOR CT 06095-4774
Reliastar Life Insurance Co 10 percent owner 20 WASHINGTON AVENUE SOUTH, MINNEAPOLIS MN 55401
Minnesota Life Insurance Co /bd 10 percent owner 400 N ROBERT ST, ST PAUL MN 55101
Michael H. Nguyen officer: Secretary and Vice President C/O KKR CREDIT ADVISORS (US) LLC, 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Philip Davidson officer: Secretary and Vice President 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Shannon Horton officer: Chief Compliance Officer 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104