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RiverNorth Capital andome Fund (RiverNorth Capital andome Fund) Change In Receivables : $-0.14 Mil (TTM As of Dec. 2023)


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What is RiverNorth Capital andome Fund Change In Receivables?

RiverNorth Capital andome Fund's change in receivables for the quarter that ended in Dec. 2023 was $0.04 Mil. It means RiverNorth Capital andome Fund's Accounts Receivable declined by $0.04 Mil from Jun. 2023 to Dec. 2023 .

RiverNorth Capital andome Fund's change in receivables for the fiscal year that ended in Jun. 2023 was $0.05 Mil. It means RiverNorth Capital andome Fund's Accounts Receivable declined by $0.05 Mil from Jun. 2022 to Jun. 2023 .

RiverNorth Capital 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. RiverNorth Capital andome Fund's Days Sales Outstanding for the six months ended in Dec. 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. RiverNorth Capital andome Fund's liquidation value for the six months ended in Dec. 2023 was $-48.94 Mil.


RiverNorth Capital andome Fund Change In Receivables Historical Data

The historical data trend for RiverNorth Capital 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.

* Premium members only.

RiverNorth Capital andome Fund Change In Receivables Chart

RiverNorth Capital andome Fund Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Change In Receivables
1.20 1.57 0.01 0.15 0.05

RiverNorth Capital andome Fund Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 -0.42 0.23 -0.18 0.04

RiverNorth Capital 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 $-0.14 Mil.

* 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.


RiverNorth Capital andome Fund  (NYSE:RSF) 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.

RiverNorth Capital 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
=0/5.58*91
=0.00

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

RiverNorth Capital 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)
=0.009-48.953+0.75 * 0+0.5 * 0
=-48.94

* 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.


RiverNorth Capital andome Fund Change In Receivables Related Terms

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RiverNorth Capital andome Fund (RiverNorth Capital andome Fund) Business Description

Traded in Other Exchanges
Address
360 S. Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
RiverNorth Capital and Income Fund is a diversified, closed-end management investment company. Its investment objective is to seek a high level of current income by investing in credit instruments, including a portfolio of securities of specialty finance and other financial companies.
Executives
Patrick W. Galley director, officer: PRESIDENT 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Lisa Bruckert Mougin director C/O RIVERNORTH CAPITAL MANAGEMENT, LLC, 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
Janae Stanton other: Portfolio Manager 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
John Wayne Hutchens director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
David Swanson director 325 N. LASALLE ST., SUITE 645, CHICAGO IL 60654
Jerry Raio director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Rivernorth Capital Management, Llc other: Investment Adviser 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Brian H Schmucker other: OFFICER OF THE INVEST. ADVISER 325 NORTH LASALLE STREET, SUITE 645, CHICAGO IL 60654
Bartow Philip K Iii other: PORTFOLIO MANAGER 325 NORTH LASALLE ST., SUITE 645, CHICAGO IL 60654
John S. Oakes director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
John K Carter director 433 W. VAN BUREN STREET, SUITE 1150-E, CHICAGO IL 60607
Jonathan M. Mohrhardt officer: CFO and Treasurer 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Marcus L Collins officer: CCO and Secretary 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Fred G Steingraber director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
James G. Kelley director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654