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abrdn Diversifiedome and Growth (LSE:ADIG) Accounts Receivable : £0.00 Mil (As of Sep. 2023)


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What is abrdn Diversifiedome and Growth Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. abrdn Diversifiedome and Growth's accounts receivables for the quarter that ended in Sep. 2023 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. abrdn Diversifiedome and Growth's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was £-0.01.


abrdn Diversifiedome and Growth Accounts Receivable Historical Data

The historical data trend for abrdn Diversifiedome and Growth's Accounts Receivable 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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abrdn Diversifiedome and Growth Accounts Receivable Chart

abrdn Diversifiedome and Growth Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
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abrdn Diversifiedome and Growth Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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abrdn Diversifiedome and Growth Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


abrdn Diversifiedome and Growth Accounts Receivable 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 receivables are being managed.

abrdn Diversifiedome and Growth'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/-4.955*91
=

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), abrdn Diversifiedome and Growth's accounts receivable are only considered to be worth 75% of book value:

abrdn Diversifiedome and Growth's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(21.025+0.75 * 0+0.5 * 0-23.099
-0-0)/301.266
=-0.01

* 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.


abrdn Diversifiedome and Growth Accounts Receivable Related Terms

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abrdn Diversifiedome and Growth (LSE:ADIG) Business Description

Traded in Other Exchanges
Address
1 George Street, Edinburgh, GBR, EH2 2LL
abrdn Diversified Income and Growth PLC is an investment trust. Its investment objective is a total portfolio return of LIBOR (London Interbank Offered Rate) plus 5.5% per annum (net of fees) over rolling five-year periods. It invests globally using a flexible multi-asset approach via quoted and unquoted investments. The company holds a diversified portfolio of financial instruments such as UK Equity Portfolio, Overseas Equity Income Sleeve, Fixed Income, Listed Alternatives, Cash and Cash Equivalents. The company has not restricted the exposure of investments for any geographical regions or sectors and will achieve an appropriate spread of risk by investing in a diversified portfolio of securities and other assets.

abrdn Diversifiedome and Growth (LSE:ADIG) Headlines

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