Highland Opportunities andome Fund (Highland Opportunities andome Fund) Change In Receivables : $11.33 Mil (TTM As of Dec. 2023)

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What is Highland Opportunities andome Fund Change In Receivables?

Highland Opportunities andome Fund's change in receivables for the quarter that ended in Dec. 2023 was $23.81 Mil. It means Highland Opportunities andome Fund's Accounts Receivable declined by $23.81 Mil from Jun. 2023 to Dec. 2023 .

Highland Opportunities andome Fund's change in receivables for the fiscal year that ended in Dec. 2023 was $11.33 Mil. It means Highland Opportunities andome Fund's Accounts Receivable declined by $11.33 Mil from Dec. 2022 to Dec. 2023 .

Highland Opportunities andome Fund's Accounts Receivable for the quarter that ended in Dec. 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Highland Opportunities andome Fund's liquidation value for the six months ended in Dec. 2023 was $-163.15 Mil.

Highland Opportunities andome Fund Change In Receivables Historical Data

The historical data trend for Highland Opportunities andome 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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Highland Opportunities andome Fund Change In Receivables Chart

Highland Opportunities andome Fund Annual Data

Trend

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-3.66

6.78

4.62

-13.41

11.33

Highland Opportunities andome Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial								-3.50	-12.48	-0.93	-12.48	23.81

Highland Opportunities andome 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $11.33 Mil.

Highland Opportunities andome Fund (NYSE:HFROpA.PFD) 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.

Highland Opportunities andome 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	/	-20.326	*	91
=

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

Highland Opportunities andome Fund's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	7.652	-	170.805	+	0.75 * 0	+	0.5 * 0
=	-163.15

Highland Opportunities andome Fund Change In Receivables Related Terms

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Highland Opportunities andome Fund (Highland Opportunities andome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Highland Opportunities and Income Fund (NYSE:HFROpA.PFD) » Definitions » Change In Receivables

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HFRO:USA

Address

300 Crescent Court, Suite 700, Dallas, TX, USA, 75201

Website

https://www.nexpointassetmgmt.com

Highland Opportunities and Income Fund is a non-diversified, closed-end management investment company. Its investment objective is to provide a high level of current income, consistent with the preservation of capital. The company's portfolio of investments includes different industry investments such as financial, chemicals, energy, healthcare, industrial, manufacturing, and others.