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abrdn New Dawn Investment Trust (LSE:ABD) Accounts Receivable : £0.00 Mil (As of Apr. 2023)


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What is abrdn New Dawn Investment Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. abrdn New Dawn Investment Trust's accounts receivables for the quarter that ended in Apr. 2023 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. abrdn New Dawn Investment Trust's Days Sales Outstanding for the quarter that ended in Apr. 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. abrdn New Dawn Investment Trust's Net-Net Working Capital per share for the quarter that ended in Apr. 2023 was £-0.26.


abrdn New Dawn Investment Trust Accounts Receivable Historical Data

The historical data trend for abrdn New Dawn Investment 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.

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abrdn New Dawn Investment Trust Accounts Receivable Chart

abrdn New Dawn Investment Trust Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Accounts Receivable
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abrdn New Dawn Investment Trust Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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abrdn New Dawn Investment Trust Accounts Receivable Calculation

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


abrdn New Dawn Investment Trust 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.

abrdn New Dawn Investment Trust's Days Sales Outstanding for the quarter that ended in Apr. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/20.791*91
=0.00

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

abrdn New Dawn Investment Trust's Net-Net Working Capital Per Share for the quarter that ended in Apr. 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)
=(2.166+0.75 * 0+0.5 * 0-29.361
-0-0)/104.991
=-0.26

* 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.


abrdn New Dawn Investment Trust Accounts Receivable Related Terms

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abrdn New Dawn Investment Trust (LSE:ABD) Business Description

Traded in Other Exchanges
N/A
Address
280 Bishopsgate, London, GBR, EC2M 4AG
abrdn New Dawn Investment Trust PLC is a closed-end investment company. The company's investment objective is to provide shareholders with a high level of capital growth through equity investment in the Asia Pacific countries excluding Japan. Geographically, it has a presence in China, Hong Kong, India, Singapore, Australia, South Korea, Taiwan, Indonesia, Philippines, Thailand, Vietnam, Sri Lanka, Malaysia, New Zealand, Myanmar, and Other Asia. It invests in various sectors, some of which include Aerospace and Defence, Automobiles, Banks, Biotechnology, Capital Markets, Chemicals, and others.

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