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Redwood Monthlyome Fund (TSX:VIP.UN) Accounts Receivable : C$0.00 Mil (As of Dec. 2017)


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What is Redwood Monthlyome Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Redwood Monthlyome Fund's accounts receivables for the quarter that ended in Dec. 2017 was C$0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Redwood Monthlyome Fund's Days Sales Outstanding for the quarter that ended in Dec. 2017 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. Redwood Monthlyome Fund's Net-Net Working Capital per share for the quarter that ended in Dec. 2017 was C$1.80.


Redwood Monthlyome Fund Accounts Receivable Historical Data

The historical data trend for Redwood Monthlyome 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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Redwood Monthlyome Fund Accounts Receivable Chart

Redwood Monthlyome Fund Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Accounts Receivable
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Redwood Monthlyome Fund Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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Redwood Monthlyome Fund Accounts Receivable Calculation

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


Redwood Monthlyome 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.

Redwood Monthlyome Fund's Days Sales Outstanding for the quarter that ended in Dec. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/7.071*91
=0.00

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

Redwood Monthlyome Fund's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2017 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)
=(24.038+0.75 * 0+0.5 * 0-0.95
-0-0)/12.8229
=1.80

* 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.


Redwood Monthlyome Fund Accounts Receivable Related Terms

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Redwood Monthlyome Fund Business Description

Traded in Other Exchanges
N/A
Address
130 Adelaide Street West, Suite 1700, P.O. Box 83, Toronto, ON, CAN, M5H 3P5
Redwood Monthly Income Fund is a balanced mutual fund. The company provides a high level of income through receipt of monthly distributions. The company invests in a diversified portfolio of high-income investments. The company also invests in dividend-paying equity securities, as well as fixed income securities.

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