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CT Global Managed Portfolio Trust (LSE:CMPG) Accounts Receivable : £0.00 Mil (As of Nov. 2023)


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What is CT Global Managed Portfolio Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CT Global Managed Portfolio Trust's accounts receivables for the quarter that ended in Nov. 2023 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CT Global Managed Portfolio Trust's Net-Net Working Capital per share for the quarter that ended in Nov. 2023 was £-0.05.


CT Global Managed Portfolio Trust Accounts Receivable Historical Data

The historical data trend for CT Global Managed Portfolio 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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CT Global Managed Portfolio Trust Accounts Receivable Chart

CT Global Managed Portfolio Trust Annual Data
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Accounts Receivable
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CT Global Managed Portfolio Trust Semi-Annual Data
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CT Global Managed Portfolio Trust Accounts Receivable Calculation

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


CT Global Managed Portfolio 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.

CT Global Managed Portfolio Trust's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/-1.85*91
=

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

CT Global Managed Portfolio Trust's Net-Net Working Capital Per Share for the quarter that ended in Nov. 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)
=(3.444+0.75 * 0+0.5 * 0-7.461
-0-0)/88.1809
=-0.05

* 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.


CT Global Managed Portfolio Trust Accounts Receivable Related Terms

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CT Global Managed Portfolio Trust (LSE:CMPG) Business Description

Traded in Other Exchanges
Address
Quartermile 4, 7a Nightingale Way, Edinburgh, GBR, EH3 9EG
CT Global Managed Portfolio Trust PLC closed-end investment company. The company's investment objectives are to provide investors with access to a broad spread of investment companies, covering a variety of geographies, sectors, and investment managers, with the objective of providing both income and growth, while spreading investment risk. The Company has two classes of shares with two separate investment Portfolios, the Income shares where the investment focus is to provide an attractive level of income, together with some capital growth, and the Growth shares, where the investment focus is to achieve capital growth.

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