GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Guggenheim Strategic Opportunities Fund (NYSE:GOF) » Definitions » Change In Receivables

Guggenheim Strategic Opportunities Fund (Guggenheim Strategic Opportunities Fund) Change In Receivables : $109.7 Mil (TTM As of Nov. 2023)


View and export this data going back to . Start your Free Trial

What is Guggenheim Strategic Opportunities Fund Change In Receivables?

Guggenheim Strategic Opportunities Fund's change in receivables for the quarter that ended in Nov. 2023 was $15.7 Mil. It means Guggenheim Strategic Opportunities Fund's Accounts Receivable declined by $15.7 Mil from May. 2023 to Nov. 2023 .

Guggenheim Strategic Opportunities Fund's change in receivables for the fiscal year that ended in May. 2023 was $10.2 Mil. It means Guggenheim Strategic Opportunities Fund's Accounts Receivable declined by $10.2 Mil from May. 2022 to May. 2023 .

Guggenheim Strategic Opportunities Fund's Accounts Receivable for the quarter that ended in Nov. 2023 was $0.0 Mil.

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 Receivable are being managed. Guggenheim Strategic Opportunities Fund's Days Sales Outstanding for the six months ended in Nov. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Guggenheim Strategic Opportunities Fund's liquidation value for the six months ended in Nov. 2023 was $-500.8 Mil.

Guggenheim Strategic Opportunities Fund Change In Receivables Historical Data

The historical data trend for Guggenheim Strategic Opportunities Fund's Change In Receivables 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.

Guggenheim Strategic Opportunities Fund Change In Receivables Chart

Guggenheim Strategic Opportunities Fund Annual Data
Trend May17 May18 May19 May20 May21 May22 May23
Change In Receivables
Get a 7-Day Free Trial - -7.77 -97.25 66.59 10.18

Guggenheim Strategic Opportunities Fund Semi-Annual Data
May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 91.73 -25.14 -83.81 93.99 15.68

Guggenheim Strategic Opportunities Fund Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $109.7 Mil.

* 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.

Guggenheim Strategic Opportunities Fund  (NYSE:GOF) Change In Receivables 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 Receivable are being managed.

Guggenheim Strategic Opportunities Fund's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/72.555*91
=0.00

2. In Ben Graham's calculation of liquidation value, Guggenheim Strategic Opportunities Fund's accounts receivable are only considered to be worth 75% of book value:

Guggenheim Strategic Opportunities Fund's liquidation value for the quarter that ended in Nov. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3.003-503.852+0.75 * 0+0.5 * 0
=-500.8

* 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.

Guggenheim Strategic Opportunities Fund Change In Receivables Related Terms

Thank you for viewing the detailed overview of Guggenheim Strategic Opportunities Fund's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Guggenheim Strategic Opportunities Fund (Guggenheim Strategic Opportunities Fund) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Guggenheim Strategic Opportunities Fund (NYSE:GOF) » Definitions » Change In Receivables
Comparable Companies
ECAT CLM BIGZ EVT BMEZ BCAT GSBD GAB NAC BTT BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
227 West Monroe Street, 7th Floor, Chicago, IL, USA, 60606
Website
https://www.guggenheiminvestments.com
Guggenheim Strategic Opportunities Fund is a diversified, closed-end management investment company. The investment objective of the firm is to maximize total return through a combination of current income and capital appreciation. The Fund seeks to combine a credit-managed fixed-income portfolio with access to a diversified pool of alternative investments and equity strategies.
Executives
Randall C Barnes director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60187
Angela Brock-kyle director, other: Trustee 3700 COLONNADE PARKWAY, BIRMINGHAM AL 35243
Toupin Ronald E Jr director, other: Trustee 117 ASHLAND AVENUE, RIVER FOREST IL 60305
Hollowell Iii Orenzo Perry other: Portfolio Manager 330 MADISON AVENUE, NEW YORK NY 10017
William Rehder officer: Assistant Vice President 227 W MONROE STREET, CHICAGO IL 60606
Lydon Thomas F Jr director, other: Trustee
Sandra G Sponem director, other: Trustee 800 NICOLLET MALL, J1012057, MINNEAPOLIS MN 55402-7020
Evan Loring Serdensky other: Portfolio Manager 227 WEST MONROE STREET, CHICAGO IL 60606
B. Scott Minerd other: Chief Investment Officer 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Roman Iii Friedrich director, other: Trustee and Chairman 920-800 WEST PENDER STREET, VANCOUVER A1 V6C 2V6
Maynard F. Oliverius director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Jon Szafran officer: Assistant Treasurer 227 W. MONROE STREET, CHICAGO IL 60606
Adam Bloch other: portfolio manager 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Brian E. Binder officer: President and CEO C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 11752
Keith David Kemp officer: Assistant Treasurer MACQUARIE FUND ADVISER LLC, 125 WEST 55TH STREET, NEW YORK NY 10019