Oxford Lane Capital (Oxford Lane Capital) Change In Receivables : $-4.29 Mil (TTM As of Mar. 2024)

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What is Oxford Lane Capital Change In Receivables?

Oxford Lane Capital's change in receivables for the quarter that ended in Mar. 2024 was $1.62 Mil. It means Oxford Lane Capital's Accounts Receivable declined by $1.62 Mil from Sep. 2023 to Mar. 2024 .

Oxford Lane Capital's change in receivables for the fiscal year that ended in Mar. 2024 was $-4.29 Mil. It means Oxford Lane Capital's Accounts Receivable increased by $4.29 Mil from Mar. 2023 to Mar. 2024 .

Oxford Lane Capital's Accounts Receivable for the quarter that ended in Mar. 2024 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. Oxford Lane Capital's Days Sales Outstanding for the six months ended in Mar. 2024 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. Oxford Lane Capital's liquidation value for the six months ended in Mar. 2024 was $-536.88 Mil.

Oxford Lane Capital Change In Receivables Historical Data

The historical data trend for Oxford Lane Capital'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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Oxford Lane Capital Change In Receivables Chart

Oxford Lane Capital Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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-2.52

-6.11

-8.82

1.90

-4.29

Oxford Lane Capital Semi-Annual Data
	Mar14	Mar15	Sep15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Change In Receivables	Get a 7-Day Free Trial														-7.35	7.33	-5.43	-5.90	1.62

Oxford Lane Capital 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-4.29 Mil.

Oxford Lane Capital (NAS:OXLCP.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.

Oxford Lane Capital's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	125.025	*	91
=	0.00

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

Oxford Lane Capital's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	42.974	-	579.853	+	0.75 * 0	+	0.5 * 0
=	-536.88

Oxford Lane Capital Change In Receivables Related Terms

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Oxford Lane Capital (Oxford Lane Capital) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Oxford Lane Capital Corp (NAS:OXLCP.PFD) » Definitions » Change In Receivables

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OXLCM.PFD:USA OXLC:USA

Address

8 Sound Shore Drive, Suite 255, Greenwich, CT, USA, 06830

Website

https://www.oxfordlanecapital.com

Oxford Lane Capital Corp is a non-diversified closed-end management investment company. The fund's investment objective is to maximize its portfolio's risk-adjusted total return over its investment horizon. Its current focus is to seek that return by investing in equity and junior tranches of CLO(collateralized loan obligation) vehicles, which are collateralized primarily by a diverse portfolio of senior loans, and which generally have little to no exposure to real estate loans, mortgage loans or pools of consumer-based debt, such as credit card receivables or auto loans. Its investment strategy also includes investing in warehouse facilities, which are financing structures intended to aggregate senior loans that may be used to form the basis of a CLO vehicle.