Morgan Stanley Direct Lending Fund (Morgan Stanley Direct Lending Fund) Accounts Receivable : $0.0 Mil (As of Mar. 2024)

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What is Morgan Stanley Direct Lending Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Morgan Stanley Direct Lending Fund's accounts receivables for the quarter that ended in Mar. 2024 was $0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Morgan Stanley Direct Lending Fund'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. Morgan Stanley Direct Lending Fund's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-16.87.

Morgan Stanley Direct Lending Fund Accounts Receivable Historical Data

The historical data trend for Morgan Stanley Direct Lending Fund'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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Morgan Stanley Direct Lending Fund Accounts Receivable Chart

Morgan Stanley Direct Lending Fund Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Morgan Stanley Direct Lending Fund Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial									-	-	-	-	-

Morgan Stanley Direct Lending Fund Accounts Receivable Calculation

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

Morgan Stanley Direct Lending Fund 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.

Morgan Stanley Direct Lending Fund'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	/	60.644	*	91
=	0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Morgan Stanley Direct Lending Fund's accounts receivable are only considered to be worth 75% of book value:

Morgan Stanley Direct Lending Fund'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)
=	(64.762	+	0.75 * 0	+	0.5 * 0	-	1564.32
-	0	-	0)	/	88.8945
=	-16.87

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.

Morgan Stanley Direct Lending Fund Accounts Receivable Related Terms

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Morgan Stanley Direct Lending Fund (Morgan Stanley Direct Lending Fund) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Morgan Stanley Direct Lending Fund (NYSE:MSDL) » Definitions » Accounts Receivable

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Morgan Stanley Direct Lending Fund is a fund whose investment objective is to achieve attractive risk-adjusted returns via current income and, to a lesser extent, capital appreciation by investing primarily in directly originated senior secured term loans issued by U.S. middle-market companies backed by private equity sponsors. They invest primarily in directly originated senior secured term loans including first lien senior secured term loans including unitranche loans and second lien senior secured term loans, with the balance of our investments expected to be in higher-yielding assets such as mezzanine debt, unsecured debt, equity investments and other opportunistic asset purchases.

Morgan Stanley Direct Lending Fund (Morgan Stanley Direct Lending Fund) Headlines

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