PHD (Pioneer Floating Rate Trust) Accounts Receivable: $0.00 Mil (As of May. 2025)

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PHD Pioneer Floating Rate Trust PHD
12 GF Score
Price $0.40
! 1 Warning Sign
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What is Pioneer Floating Rate Trust Accounts Receivable?

Pioneer Floating Rate Trust PHD 12 Accounts Receivable is $0.00 Mil as of May. 2025. GuruFocus rates PHD with a GF Score™ of 12/100. The stock has 1 warning sign investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pioneer Floating Rate Trust's accounts receivables for the quarter that ended in May. 2025 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pioneer Floating Rate Trust's Days Sales Outstanding for the quarter that ended in May. 2025 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. Pioneer Floating Rate Trust's Net-Net Working Capital per share for the quarter that ended in May. 2025 was $-5.39.


Pioneer Floating Rate 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.

Pioneer Floating Rate Trust's Days Sales Outstanding for the quarter that ended in May. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/2.15*91
=0.00

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

Pioneer Floating Rate Trust's Net-Net Working Capital Per Share for the quarter that ended in May. 2025 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)
=(0.08+0.75 * 0+0.5 * 0-66.835
-0-0)/12.375
=-5.39

* 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.


Pioneer Floating Rate Trust Accounts Receivable Related Terms


Pioneer Floating Rate Trust Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Pioneer Floating Rate 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.

Pioneer Floating Rate Trust Accounts Receivable Chart

Pioneer Floating Rate Trust Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Accounts Receivable
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Pioneer Floating Rate Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
PHD
12GF Score
Pioneer Floating Rate Trust PHD
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Pioneer Floating Rate Trust Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $0.00 Mil mean?
Pioneer Floating Rate Trust (PHD) has a Accounts Receivable of $0.00 Mil as of May. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Pioneer Floating Rate Trust and its competitors.
Is Pioneer Floating Rate Trust's Accounts Receivable too high?
Pioneer Floating Rate Trust's current Accounts Receivable is $0.00 Mil. Overall, Pioneer Floating Rate Trust has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Pioneer Floating Rate Trust's Accounts Receivable compare to DEFG and PIAC?
Pioneer Floating Rate Trust's Accounts Receivable of $0.00 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for an Asset Management company?
A good Accounts Receivable depends on the Asset Management industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Pioneer Floating Rate Trust and its competitors. Pioneer Floating Rate Trust's current Accounts Receivable is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Floating Rate Trust stock overvalued right now?
Pioneer Floating Rate Trust (PHD) has a current Accounts Receivable of $0.00 Mil. The current Accounts Receivable is $0.00 Mil. Pioneer Floating Rate Trust's overall GF Score™ is 12/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Pioneer Floating Rate Trust (PHD), the current Accounts Receivable is $0.00 Mil as of May. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Pioneer Floating Rate Trust Business Description

Address 60 State Street, Boston, MA, USA, 02109
Pioneer Floating Rate Trust is a diversified, closed-end fund. It invests in the fixed income markets of the United States. The fund basically invests in senior secured floating-rate loans. It benchmarks the performance of its portfolio against the other High Yield Loans Index banks.
12GF Score

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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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