Seraphim Space Investment Trust (LSE:SSIT) Accounts Receivable : £0.00 Mil (As of Dec. 2023)

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What is Seraphim Space Investment Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Seraphim Space Investment Trust's accounts receivables for the quarter that ended in Dec. 2023 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Seraphim Space Investment Trust'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. Seraphim Space Investment Trust's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was £0.11.

Seraphim Space Investment Trust Accounts Receivable Historical Data

The historical data trend for Seraphim Space Investment Trust'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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Seraphim Space Investment Trust Accounts Receivable Chart

Seraphim Space Investment Trust Annual Data

Trend

Jun22

Jun23

Accounts Receivable

Seraphim Space Investment Trust Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	-	-	-	-	-

Seraphim Space Investment Trust Accounts Receivable Calculation

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

Seraphim Space Investment Trust 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.

Seraphim Space Investment Trust'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	/	3.69	*	91
=	0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Seraphim Space Investment Trust's accounts receivable are only considered to be worth 75% of book value:

Seraphim Space Investment Trust'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)
=	(26.782	+	0.75 * 0	+	0.5 * 0	-	0.473
-	0	-	0)	/	237.199
=	0.11

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.

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Seraphim Space Investment Trust (LSE:SSIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Seraphim Space Investment Trust PLC (LSE:SSIT) » Definitions » Accounts Receivable

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SSITl:UK

Address

20 Fenchurch Street, 5th Floor, London, GBR, EC3M 3BY

Website

https://www.seraphim.vc

Seraphim Space Investment Trust PLC is a closed-ended investment company that invests in Space Tech businesses. Its investment objective is to generate capital growth over the long term through investment in the diversified international portfolio of Space Tech businesses that rely on space-based connectivity or precision, navigation and timing signals or whose technology or services are already addressing, originally derived from, or of potential benefit to the space sector.