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Blue Ribbonome Fund (TSX:RBN.UN) Accounts Receivable : C$0.00 Mil (As of Dec. 2023)


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What is Blue Ribbonome Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Blue Ribbonome Fund's accounts receivables for the quarter that ended in Dec. 2023 was C$0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Blue Ribbonome Fund'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. Blue Ribbonome Fund's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was C$0.16.


Blue Ribbonome Fund Accounts Receivable Historical Data

The historical data trend for Blue Ribbonome 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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Blue Ribbonome Fund Accounts Receivable Chart

Blue Ribbonome Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Blue Ribbonome Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Blue Ribbonome Fund Accounts Receivable Calculation

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


Blue Ribbonome 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.

Blue Ribbonome Fund's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/3.175*91
=0.00

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

Blue Ribbonome Fund'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)
=(1.861+0.75 * 0+0.5 * 0-0.475
-0-0)/8.51557
=0.16

* 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.


Blue Ribbonome Fund Accounts Receivable Related Terms

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Blue Ribbonome Fund (TSX:RBN.UN) Business Description

Traded in Other Exchanges
N/A
Address
181 Bay Street, Brookfield Place, Suite 2930, Box 793, Bay Wellington Tower, Toronto, ON, CAN, M5J 2T3
Blue Ribbon Income Fund is a is a mutual fund trust. The fund aims to provide a high level of monthly distributions and the opportunity to participate in capital gains by actively managing a portfolio of publicly listed or traded securities, including income trusts, royalty trusts, real estate investment trusts, common shares, preferred securities, and debt instruments. Its Consumer Staples and Discretionary, Financial, Industrials, Pipes, Power, Utilities, Infrastructure, Real Estate, and others are securities by market segment.

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