TwentyFourome Fund (LSE:TFIF) Change In Receivables : £0.1 Mil (TTM As of Sep. 2023)

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What is TwentyFourome Fund Change In Receivables?

TwentyFourome Fund's change in receivables for the quarter that ended in Sep. 2023 was £0.1 Mil. It means TwentyFourome Fund's Accounts Receivable declined by £0.1 Mil from Mar. 2023 to Sep. 2023 .

TwentyFourome Fund's change in receivables for the fiscal year that ended in Mar. 2023 was £-3.0 Mil. It means TwentyFourome Fund's Accounts Receivable increased by £3.0 Mil from Mar. 2022 to Mar. 2023 .

TwentyFourome Fund's Accounts Receivable for the quarter that ended in Sep. 2023 was £0.0 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. TwentyFourome 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. TwentyFourome Fund's liquidation value for the six months ended in Sep. 2023 was £1.9 Mil.

TwentyFourome Fund Change In Receivables Historical Data

The historical data trend for TwentyFourome 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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TwentyFourome Fund Change In Receivables Chart

TwentyFourome Fund Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-0.27

-0.63

0.24

-0.49

-2.99

TwentyFourome Fund Semi-Annual Data
	Mar14	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															-0.38	-0.11	-3.02	0.04	0.06

TwentyFourome 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 £0.1 Mil.

TwentyFourome Fund (LSE:TFIF) 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.

TwentyFourome 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	/	61.343	*	91
=	0.00

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

TwentyFourome 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)
=	15.024	-	13.121	+	0.75 * 0	+	0.5 * 0
=	1.9

TwentyFourome Fund Change In Receivables Related Terms

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TwentyFourome Fund (LSE:TFIF) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » TwentyFour Income Fund Ltd (LSE:TFIF) » Definitions » Change In Receivables

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TFIFl:UK

Address

Trafalgar Court, PO Box 255, Les Banques, St Peter Port, GGY, GY1 3QL

Website

https://www.twentyfouram.com

TwentyFour Income Fund Ltd is a closed-ended investment fund based in the United Kingdom. The company's investment objective is to generate risk-adjusted returns principally through income distributions. Hence, the company follows an investment policy to invest in a diversified portfolio of the United Kingdom and European Asset-Backed Securities. It offers a range of specialist fixed income funds and services to suit the different requirements of its investors.

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