Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Franklin BSP Lending's accounts receivables for the quarter that ended in Sep. 2023 was $0.0 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Franklin BSP Lending's Days Sales Outstanding for the quarter that ended in Sep. 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. Franklin BSP Lending's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-5.14.
Franklin BSP Lending Accounts Receivable Historical Data
The historical data trend for Franklin BSP Lending'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.
Franklin BSP Lending Accounts Receivable Calculation
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
Franklin BSP Lending 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.
Franklin BSP Lending's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Franklin BSP Lending's accounts receivable are only considered to be worth 75% of book value:
Franklin BSP Lending's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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.
Franklin BSP Lending Accounts Receivable Related Terms
Thank you for viewing the detailed overview of Franklin BSP Lending's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Franklin BSP Lending (Franklin BSP Lending) Business Description
Franklin BSP Lending Corp is an externally managed, non-diversified closed-end management investment company. The company has elected to be regulated as a business development company. The company's investment objective is to generate both current income and capital appreciation through debt and equity investments. It invests primarily in senior secured loans, and to a lesser extent, mezzanine loans, unsecured loans and equity of predominantly private U.S. middle-market companies. It also purchases interests in loans or corporate bonds through secondary market transactions.
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