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Saba Capitalome & Opportunities Fund (Saba Capitalome & Opportunities Fund) Accounts Receivable : $0.00 Mil (As of Oct. 2023)


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What is Saba Capitalome & Opportunities Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Saba Capitalome & Opportunities Fund's accounts receivables for the quarter that ended in Oct. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Saba Capitalome & Opportunities Fund's Days Sales Outstanding for the quarter that ended in Oct. 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. Saba Capitalome & Opportunities Fund's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was $-6.70.


Saba Capitalome & Opportunities Fund Accounts Receivable Historical Data

The historical data trend for Saba Capitalome & Opportunities 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.

* Premium members only.

Saba Capitalome & Opportunities Fund Accounts Receivable Chart

Saba Capitalome & Opportunities Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Oct22 Oct23
Accounts Receivable
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Saba Capitalome & Opportunities Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Apr22 Oct22 Apr23 Oct23
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Saba Capitalome & Opportunities Fund Accounts Receivable Calculation

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


Saba Capitalome & Opportunities 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.

Saba Capitalome & Opportunities Fund's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/7.642*91
=0.00

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

Saba Capitalome & Opportunities Fund's Net-Net Working Capital Per Share for the quarter that ended in Oct. 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)
=(11.292+0.75 * 0+0.5 * 0-296.104
-0-0)/42.5295
=-6.70

* 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.


Saba Capitalome & Opportunities Fund Accounts Receivable Related Terms

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Saba Capitalome & Opportunities Fund (Saba Capitalome & Opportunities Fund) Business Description

Traded in Other Exchanges
N/A
Address
405 Lexington Avenue, 58th Floor, New York, NY, USA, 10174
Saba Capital Income & Opportunities Fund t is a diversified, closed-end management investment company. It seeks to provide investors with a high level of current income, with a secondary goal of capital appreciation. It invests globally in debt and equity securities of public and private companies, which includes, investing in closed-end funds, public and private debt instruments, and other securities.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Troy M Statczar officer: Principle Financial Officer 3 CANAL PLAZA, PORTLAND ME 04101
Nitin Sapru officer: Vice President 405 LEXINGTON AVE, 58TH FLOOR, NEW YORK NY 10174
Michael D'angelo officer: Secretary 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Patrick J Keniston officer: Chief Compliance Officer FORESIDE COMPLIANCE SERVICES, LLC, THREE CANAL PLAZA, SUITE 100, PORTLAND ME 04101
Pierre Weinstein officer: Chief Executive Officer C/O SABA CAPITAL MANAGEMENT L.P., 405 LEXINGTON AVENUE, 5TH FLOOR, NEW YORK NY 10174
Christopher P Sullivan other: Former Trustee 27 LEE TERRACE, SHORT HILLS NJ 07078
Thomas Bumbolow director C/O VOYA PRIME RATE TRUST, 7337 EAST DOUBLETREE RANCH RD., STE 100, SCOTTSDALE AZ 85258
Neal Neilinger director 126 CLAPBOARD RIDGE ROAD, GREENWICH CT 06830
Charles I Clarvit director TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kieran Goodwin director 925 PARK AVENUE 11B, NEW YORK NY 10028
Ketu Desai director 999 RIVERVIEW DR, SUITE 201, TOTOWA NJ 07512
Karen Caldwell director 10125 SOUTH BELL AVENUE, CHICAGO IL 60643
Aditya Bindal director 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Andrew Kellerman director 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174

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