AVK (Advent Convertible &ome Fund) Receivables Turnover: (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AVK Advent Convertible & Income Fund AVK
48 GF Score
Price $12.19
GF Value $19.93
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Advent Convertible &ome Fund Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Advent Convertible &ome Fund's Revenue for the six months ended in Apr. 2026 was $49.9 Mil. Advent Convertible &ome Fund's average Accounts Receivable for the six months ended in Apr. 2026 was $0.0 Mil.

Advent Convertible &ome Fund  (NYSE:AVK) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Advent Convertible &ome Fund Receivables Turnover Related Terms

Advent Convertible &ome Fund Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Advent Convertible &ome Fund's Receivables Turnover 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.

Advent Convertible &ome Fund Receivables Turnover Chart

Advent Convertible &ome Fund Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Advent Convertible &ome Fund Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

AVK vs THW, NMCO, MMU: Receivables Turnover Comparison

For the Asset Management subindustry, Advent Convertible &ome Fund's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Advent Convertible &ome Fund Receivables Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Advent Convertible &ome Fund's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Advent Convertible &ome Fund's Receivables Turnover falls into.


AVK
48GF Score
Advent Convertible & Income Fund AVK
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advent Convertible &ome Fund Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Advent Convertible &ome Fund's Receivables Turnover for the fiscal year that ended in Oct. 2025 is calculated as

Receivables Turnover (A: Oct. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Oct. 2025 ) / ((Accounts Receivable (A: Oct. 2024 ) + Accounts Receivable (A: Oct. 2025 )) / count )
=102.060649 / (( + ) / 1 )
=102.060649 / 0
=N/A

Advent Convertible &ome Fund's Receivables Turnover for the quarter that ended in Apr. 2026 is calculated as

Receivables Turnover (Q: Apr. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Apr. 2026 ) / ((Accounts Receivable (Q: Oct. 2025 ) + Accounts Receivable (Q: Apr. 2026 )) / count )
=49.869118 / (( + ) / 1 )
=49.869118 / 0
=N/A

* 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.

Is Advent Convertible &ome Fund (AVK) Overvalued in 2026?

Based on GuruFocus' analysis, Advent Convertible &ome Fund stock appears to be undervalued. The current stock price of $12.19 is trading 38.8% below its estimated GF Value™ of $19.93. GuruFocus considers Advent Convertible &ome Fund to be Significantly Undervalued.

Key valuation signals for AVK:

  • Receivables Turnover:
  • GF Value™: $19.93 vs. price of $12.19 (38.8% below fair value)
  • GF Score™: 48/100 with 5 warning signs

No single metric tells the full story. See the AVK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Advent Convertible &ome Fund Business Description

Address 888 Seventh Avenue, 31st Floor, New York, NY, USA, 10019
Advent Convertible & Income Fund is a diversified, closed-end management investment company. The fund's investment objective is to provide total return through a combination of capital appreciation and current income. The Fund invests in various sectors, such as communications, utilities, energy, industrial, technology, and others.
48GF Score

Get the complete analysis for AVK

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.19
Price
$19.93
GF Value