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Utility Split Trust (TSX:UST.PR.B.PFD) Accounts Receivable : C$0.00 Mil (As of Jun. 2016)


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What is Utility Split Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Utility Split Trust's accounts receivables for the quarter that ended in Jun. 2016 was C$0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Utility Split Trust's Days Sales Outstanding for the quarter that ended in Jun. 2016 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. Utility Split Trust's Net-Net Working Capital per share for the quarter that ended in Jun. 2016 was C$N/A.


Utility Split Trust Accounts Receivable Historical Data

The historical data trend for Utility Split 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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Utility Split Trust Accounts Receivable Chart

Utility Split Trust Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Accounts Receivable
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Utility Split Trust Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
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Utility Split Trust Accounts Receivable Calculation

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


Utility Split 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.

Utility Split Trust's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/1.973*91
=0.00

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

Utility Split Trust's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2016 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)
=(17.933+0.75 * 0+0.5 * 0-6.545
-0-0)/0
=N/A

* 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.


Utility Split Trust Accounts Receivable Related Terms

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Utility Split Trust (TSX:UST.PR.B.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Utility Split Trust was formed on October 24, 2006 and is domiciled in Canada. It is a close ended equity mutual fund of fund launched by First Asset Fund Inc. The fund is managed by First Asset Investment Management Inc. It invests in funds investing in the public equity markets. The fund also makes direct investments in the public equity markets. It seeks to invest in stocks of companies engaged in the utilities sector.

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