GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Acorn Income Fund Ltd (LSE:AIFZ.PFD) » Definitions » Accounts Receivable

Acornome Fund (LSE:AIFZ.PFD) Accounts Receivable : £0.00 Mil (As of Jun. 2021)


View and export this data going back to 2011. Start your Free Trial

What is Acornome Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Acornome Fund's accounts receivables for the quarter that ended in Jun. 2021 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Acornome Fund's Days Sales Outstanding for the quarter that ended in Jun. 2021 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. Acornome Fund's Net-Net Working Capital per share for the quarter that ended in Jun. 2021 was £-2.97.


Acornome Fund Accounts Receivable Historical Data

The historical data trend for Acornome 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.

Acornome Fund Accounts Receivable Chart

Acornome Fund Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Acornome Fund Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Acornome Fund Accounts Receivable Calculation

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


Acornome 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.

Acornome Fund's Days Sales Outstanding for the quarter that ended in Jun. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/13.318*91
=0.00

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

Acornome Fund's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2021 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)
=(1.917+0.75 * 0+0.5 * 0-35.015
-0-0)/11.150
=-2.97

* 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.


Acornome Fund Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Acornome Fund's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Acornome Fund Business Description

Traded in Other Exchanges
N/A
Address
Trafalgar Court, PO Box 255, Les Banques, St Peter Port, GGY, GY1 3QL
Acorn Income Fund Ltd is a closed-ended investment company. The company's investment objective is to provide Shareholders with high income and the opportunity for capital growth. It has two reportable segments, being the Income Portfolio and the Smaller Companies Portfolio. The objective of its Income Portfolio segment is to enhance income and control risk by investing in fixed interest securities, including convertible securities, structured investments across a range of asset classes, shares of other investment companies, including property investment companies, and open-ended fixed interest funds. The Smaller Companies Portfolio segment objective is to maximize income & capital growth through investments in smaller capitalized UK companies.

Acornome Fund Headlines

No Headlines