GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » abrdn New India Investment Trust PLC (LSE:ANII) » Definitions » Accounts Receivable

abrdn New India Investment Trust (LSE:ANII) Accounts Receivable : £0.0 Mil (As of Sep. 2024)


View and export this data going back to 1994. Start your Free Trial

What is abrdn New India 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 India Investment Trust's accounts receivables for the quarter that ended in Sep. 2024 was £0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. abrdn New India Investment Trust's Days Sales Outstanding for the quarter that ended in Sep. 2024 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 India Investment Trust's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was £-0.87.


abrdn New India Investment Trust Accounts Receivable Historical Data

The historical data trend for abrdn New India 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.

* Premium members only.

abrdn New India Investment Trust Accounts Receivable Chart

abrdn New India Investment Trust Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

abrdn New India Investment Trust Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - - - - -

abrdn New India 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 India 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 India Investment Trust's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/96.377*91
=0.00

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

abrdn New India Investment Trust's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 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)
=(9.626+0.75 * 0+0.5 * 0-53.495
-0-0)/50.300
=-0.87

* 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 India Investment Trust Accounts Receivable Related Terms

Thank you for viewing the detailed overview of abrdn New India Investment Trust's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


abrdn New India Investment Trust Business Description

Traded in Other Exchanges
N/A
Address
280 Bishopsgate, London, GBR, EC2M 4AG
abrdn New India Investment Trust PLC is an investment trust. It outsources its investment management and administration to an investment management company. The company aims to provide shareholders with long-term capital appreciation by investing in companies that are incorporated in India or which derive revenue or profit from India, with dividend yield from the Company being of secondary importance. It invests in sectors such as Financials, Information Technology, Consumer Staples, Healthcare, Industrials, Real Estate, and others.

abrdn New India Investment Trust Headlines

No Headlines