TwentyFour Select Monthlyome Fund (CHIX:SMIFL) Change In Receivables : £-0.69 Mil (TTM As of Sep. 2023)

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What is TwentyFour Select Monthlyome Fund Change In Receivables?

TwentyFour Select Monthlyome Fund's change in receivables for the quarter that ended in Sep. 2023 was £-0.19 Mil. It means TwentyFour Select Monthlyome Fund's Accounts Receivable increased by £0.19 Mil from Mar. 2023 to Sep. 2023 .

TwentyFour Select Monthlyome Fund's change in receivables for the fiscal year that ended in Sep. 2023 was £-0.69 Mil. It means TwentyFour Select Monthlyome Fund's Accounts Receivable increased by £0.69 Mil from Sep. 2022 to Sep. 2023 .

TwentyFour Select Monthlyome Fund's Accounts Receivable for the quarter that ended in Sep. 2023 was £0.00 Mil.

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 Receivable are being managed. TwentyFour Select Monthlyome Fund's Days Sales Outstanding for the six months ended in Sep. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TwentyFour Select Monthlyome Fund's liquidation value for the six months ended in Sep. 2023 was £0.89 Mil.

TwentyFour Select Monthlyome Fund Change In Receivables Historical Data

The historical data trend for TwentyFour Select Monthlyome Fund's Change In Receivables 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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TwentyFour Select Monthlyome Fund Change In Receivables Chart

TwentyFour Select Monthlyome Fund Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

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0.27

0.11

0.04

-0.51

-0.69

TwentyFour Select Monthlyome Fund Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial														-0.20	-0.38	-0.13	-0.50	-0.19

TwentyFour Select Monthlyome Fund Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.69 Mil.

TwentyFour Select Monthlyome Fund (CHIX:SMIFl) Change In Receivables 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 Receivable are being managed.

TwentyFour Select Monthlyome Fund's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	14.049	*	91
=	0.00

2. In Ben Graham's calculation of liquidation value, TwentyFour Select Monthlyome Fund's accounts receivable are only considered to be worth 75% of book value:

TwentyFour Select Monthlyome Fund's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5.302	-	4.411	+	0.75 * 0	+	0.5 * 0
=	0.89

TwentyFour Select Monthlyome Fund Change In Receivables Related Terms

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TwentyFour Select Monthlyome Fund Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » TwentyFour Select Monthly Income Fund Ltd (CHIX:SMIFl) » Definitions » Change In Receivables

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Traded in Other Exchanges

SMIF:UK

Address

11 Monument Street, 8th Floor, The Monument Building, London, GBR, EC3R 8AF

Website

https://www.twentyfouram.com

TwentyFour Select Monthly Income Fund Ltd is a closed-ended investment company registered in Guernsey. Its investment objective is to generate attractive risk-adjusted returns, principally through income distributions. The company's investment policy is to invest in a diversified portfolio which comprises of any category of credit security including bank capital, corporate bonds, high yield bonds, leveraged loans, payment-in-kind notes, and asset-backed securities.

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