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ICG-Longbow Senior Secured UK Prop Debt Inv (LSE:LBOW) Accounts Receivable : £0.00 Mil (As of Jan. 2024)


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What is ICG-Longbow Senior Secured UK Prop Debt Inv Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ICG-Longbow Senior Secured UK Prop Debt Inv's accounts receivables for the quarter that ended in Jan. 2024 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ICG-Longbow Senior Secured UK Prop Debt Inv's Days Sales Outstanding for the quarter that ended in Jan. 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. ICG-Longbow Senior Secured UK Prop Debt Inv's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was £0.02.


ICG-Longbow Senior Secured UK Prop Debt Inv Accounts Receivable Historical Data

The historical data trend for ICG-Longbow Senior Secured UK Prop Debt Inv'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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ICG-Longbow Senior Secured UK Prop Debt Inv Accounts Receivable Chart

ICG-Longbow Senior Secured UK Prop Debt Inv Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Accounts Receivable
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ICG-Longbow Senior Secured UK Prop Debt Inv Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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ICG-Longbow Senior Secured UK Prop Debt Inv Accounts Receivable Calculation

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


ICG-Longbow Senior Secured UK Prop Debt Inv 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.

ICG-Longbow Senior Secured UK Prop Debt Inv's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/3.683*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), ICG-Longbow Senior Secured UK Prop Debt Inv's accounts receivable are only considered to be worth 75% of book value:

ICG-Longbow Senior Secured UK Prop Debt Inv's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(2.946+0.75 * 0+0.5 * 0-0.391
-0-0)/121.303
=0.02

* 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.


ICG-Longbow Senior Secured UK Prop Debt Inv Accounts Receivable Related Terms

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ICG-Longbow Senior Secured UK Prop Debt Inv (LSE:LBOW) Business Description

Traded in Other Exchanges
Address
Trafalgar Court, Les Banques, P.O. Box 286, Floor 2, Saint Peter Port, GGY, GY1 4LY
ICG-Longbow Senior Secured UK Prop Debt Inv Ltd is a Guernsey registered closed-ended investment company. Its investment objective is to construct a portfolio of good quality, defensive, senior debt investments secured by first ranking fixed charges predominantly against UK commercial property investments providing target dividends of circa 6% per annum on the IPO issue price, paid quarterly, with an underlying target portfolio IRR of 8% per annum. The company's investment policy is to invest in a loan portfolio comprised of senior loans to property investors secured on UK commercial property with some potential exposure to UK investment residential property. The portfolio of the company is managed by Intermediate Capital Managers Limited.

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