What is Blackrock Enhanced Cap&Inc Fund, Accounts Receivable?
Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Blackrock Enhanced Cap&Inc Fund,'s accounts receivables for the quarter that ended in Dec. 2023 was $0.0 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Blackrock Enhanced Cap&Inc Fund,'s Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Blackrock Enhanced Cap&Inc Fund,'s Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.45.
Blackrock Enhanced Cap&Inc Fund, Accounts Receivable Historical Data
* 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.
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 receivables are being managed.
Blackrock Enhanced Cap&Inc Fund,'s Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Blackrock Enhanced Cap&Inc Fund,'s accounts receivable are only considered to be worth 75% of book value:
Blackrock Enhanced Cap&Inc Fund,'s Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:
* 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.
Be Aware
Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.
If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.
Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.
Blackrock Enhanced Cap&Inc Fund, Accounts Receivable Related Terms
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Blackrock Enhanced Cap&Inc Fund, (Blackrock Enhanced Cap&Inc Fund,) Business Description
Blackrock Enhanced Cap&Inc Fund, Inc is a closed-end management investment company. Its objective is to provide total return through a combination of current income and capital appreciation. The trust seeks to achieve its investment objective by investing a majority of its total assets in a portfolio of equity securities of U.S. and foreign issuers.
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