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GCP Asset Backedome Fund (LSE:GABI) Accounts Receivable : £0.00 Mil (As of Dec. 2023)


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What is GCP Asset Backedome Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. GCP Asset Backedome Fund's accounts receivables for the quarter that ended in Dec. 2023 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. GCP Asset Backedome 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. GCP Asset Backedome Fund's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was £0.07.


GCP Asset Backedome Fund Accounts Receivable Historical Data

The historical data trend for GCP Asset Backedome Fund'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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GCP Asset Backedome Fund Accounts Receivable Chart

GCP Asset Backedome Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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GCP Asset Backedome Fund Semi-Annual Data
Jun16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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GCP Asset Backedome Fund Accounts Receivable Calculation

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


GCP Asset Backedome Fund 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.

GCP Asset Backedome 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
=0/11.619*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), GCP Asset Backedome Fund's accounts receivable are only considered to be worth 75% of book value:

GCP Asset Backedome Fund's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(30.936+0.75 * 0+0.5 * 0-1.366
-0-0)/425.626
=0.07

* 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.


GCP Asset Backedome Fund Accounts Receivable Related Terms

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GCP Asset Backedome Fund (LSE:GABI) Business Description

Traded in Other Exchanges
Address
IFC 5, Saint Helier, JEY, JE1 1ST
GCP Asset Backed Income Fund Ltd is a closed-ended investment company. Its objective is to generate risk-adjusted returns through regular, growing distributions and modest capital appreciation over the long term. It provides investors with exposure to a portfolio of the United Kingdom-based asset-backed loans secured against cash flows and/or physical assets. The company invests in a diversified portfolio of fixed and floating-rate loans secured against physical assets, which have contracted, predictable medium-to-long-term cash flows. It invests in various sectors, which include asset finance, property, energy and infrastructure, and social infrastructure.

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