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Downing Renewables & Infrastructure Trust (LSE:DORE) Accounts Receivable : £0.00 Mil (As of Dec. 2023)


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What is Downing Renewables & Infrastructure Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Downing Renewables & Infrastructure Trust's accounts receivables for the quarter that ended in Dec. 2023 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Downing Renewables & Infrastructure Trust's Days Sales Outstanding for the quarter that ended in Dec. 2023 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. Downing Renewables & Infrastructure Trust's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was £-0.00.


Downing Renewables & Infrastructure Trust Accounts Receivable Historical Data

The historical data trend for Downing Renewables & Infrastructure 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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Downing Renewables & Infrastructure Trust Accounts Receivable Chart

Downing Renewables & Infrastructure Trust Annual Data
Trend Dec21 Dec22 Dec23
Accounts Receivable
- - -

Downing Renewables & Infrastructure Trust Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable - - - - -

Downing Renewables & Infrastructure Trust Accounts Receivable Calculation

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


Downing Renewables & Infrastructure 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.

Downing Renewables & Infrastructure Trust's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/3.324*91
=0.00

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

Downing Renewables & Infrastructure Trust's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(1.778+0.75 * 0+0.5 * 0-2.083
-0-0)/180.247
=-0.00

* 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.


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Downing Renewables & Infrastructure Trust (LSE:DORE) Business Description

Traded in Other Exchanges
N/A
Address
65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ
Downing Renewables & Infrastructure Trust PLC is an asset management company. The company's investment objective is to provide investors with an attractive and sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of renewable energy and infrastructure assets in the UK, Ireland and Northern Europe.

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