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abrdn Latin Americanome Fund (LSE:ALAI) Accounts Receivable : £0.00 Mil (As of Aug. 2022)


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What is abrdn Latin Americanome Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. abrdn Latin Americanome Fund's accounts receivables for the quarter that ended in Aug. 2022 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. abrdn Latin Americanome Fund's Days Sales Outstanding for the quarter that ended in Aug. 2022 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 Latin Americanome Fund's Net-Net Working Capital per share for the quarter that ended in Aug. 2022 was £-0.10.


abrdn Latin Americanome Fund Accounts Receivable Historical Data

The historical data trend for abrdn Latin Americanome 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.

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abrdn Latin Americanome Fund Accounts Receivable Chart

abrdn Latin Americanome Fund Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Accounts Receivable
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abrdn Latin Americanome Fund Semi-Annual Data
Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22
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abrdn Latin Americanome Fund Accounts Receivable Calculation

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


abrdn Latin Americanome 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.

abrdn Latin Americanome Fund's Days Sales Outstanding for the quarter that ended in Aug. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/3.173*91
=0.00

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

abrdn Latin Americanome Fund's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2022 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)
=(0.117+0.75 * 0+0.5 * 0-5.747
-0-0)/57.1133
=-0.10

* 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 Latin Americanome Fund Accounts Receivable Related Terms

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abrdn Latin Americanome Fund Business Description

Traded in Other Exchanges
N/A
Address
48 - 50 Esplanade, 1st Floor, Sir Walter Raleigh House, Saint Helier, JEY, JE2 3QB
abrdn Latin American Income Fund Ltd is a closed-ended investment company. The investment objective of the company is to provide Ordinary Shareholders with a total return, with an above average yield, primarily through investing in Latin American securities. It has a diversified portfolio consisting of equities, equity-related and fixed income investments with approximately 25% of its gross assets invested in equity and equity-related investments and approximately 25% of its gross assets invested in fixed income investments. Geographically, it derives a majority of revenue from Brazil. Its only operating segment investing in equity securities, debt instruments, and related derivatives.

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