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BlackRock Frontiers Investment Trust (LSE:BRFI) Accounts Receivable : £0.00 Mil (As of Mar. 2024)


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What is BlackRock Frontiers Investment Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BlackRock Frontiers Investment Trust's accounts receivables for the quarter that ended in Mar. 2024 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. BlackRock Frontiers Investment Trust's Days Sales Outstanding for the quarter that ended in Mar. 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. BlackRock Frontiers Investment Trust's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was £-0.12.


BlackRock Frontiers Investment Trust Accounts Receivable Historical Data

The historical data trend for BlackRock Frontiers 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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BlackRock Frontiers Investment Trust Accounts Receivable Chart

BlackRock Frontiers Investment Trust Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
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BlackRock Frontiers Investment Trust Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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BlackRock Frontiers Investment Trust Accounts Receivable Calculation

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


BlackRock Frontiers 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.

BlackRock Frontiers Investment Trust's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/34.837*91
=0.00

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

BlackRock Frontiers Investment Trust's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(0.815+0.75 * 0+0.5 * 0-24.098
-0-0)/189.326
=-0.12

* 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.


BlackRock Frontiers Investment Trust Accounts Receivable Related Terms

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BlackRock Frontiers Investment Trust (LSE:BRFI) Business Description

Traded in Other Exchanges
Address
12 Throgmorton Avenue, London, GBR, EC2N 2DL
BlackRock Frontiers Investment Trust PLC is an investment company based in the UK. The company's investment objective is to achieve long-term capital growth from investment in companies operating in Frontier Markets or whose stocks are listed on the stock markets of such countries. It invests across other sectors like Financials, Energy, Consumer Staples, Information Technology, Communication Services and others. The company's investments are spread across the world.

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