Priorityome Fund, (Priorityome Fund,) Change In Receivables : $-2.70 Mil (TTM As of Jun. 2023)

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What is Priorityome Fund, Change In Receivables?

Priorityome Fund,'s change in receivables for the quarter that ended in Jun. 2023 was $-2.70 Mil. It means Priorityome Fund,'s Accounts Receivable increased by $2.70 Mil from Jun. 2022 to Jun. 2023 .

Priorityome Fund,'s change in receivables for the fiscal year that ended in Jun. 2023 was $-2.70 Mil. It means Priorityome Fund,'s Accounts Receivable increased by $2.70 Mil from Jun. 2022 to Jun. 2023 .

Priorityome Fund,'s Accounts Receivable for the quarter that ended in Jun. 2023 was $3.78 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. Priorityome Fund,'s Days Sales Outstanding for the six months ended in Jun. 2023 was 11.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Priorityome Fund,'s liquidation value for the six months ended in Jun. 2023 was $-297.70 Mil.

Priorityome Fund, Change In Receivables Historical Data

The historical data trend for Priorityome 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.

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Priorityome Fund, Change In Receivables Chart

Priorityome Fund, Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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-1.21

-0.73

0.20

-0.30

-2.70

Priorityome Fund, Semi-Annual Data
	Jun13	Jun14	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
Change In Receivables	Get a 7-Day Free Trial						-1.21	-0.73	0.20	-0.30	-2.70

Priorityome 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2023 was $-2.70 Mil.

Priorityome Fund, (GREY:PRIF) 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.

Priorityome Fund,'s Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3.775	/	62.418	*	91
=	11.04

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

Priorityome Fund,'s liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	24.997	-	325.533	+	0.75 * 3.775	+	0.5 * 0
=	-297.70

Priorityome Fund, Change In Receivables Related Terms

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Priorityome Fund, (Priorityome Fund,) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Priority Income Fund, Inc. (GREY:PRIF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

PRIFPG.PFD:USA PRIFpF.PFD:USA PRIFpD.PFD:USA

Address

10 East 40th Street, 42nd Floor, New York, NY, USA, 10016

Website

https://www.priorityincomefund.com

Priority Income Fund, Inc. is an externally managed, nondiversified, closed-end management investment company. Its investment objective is to generate current income, and as a secondary objective, long-term capital appreciation. The company invests in broad pools of senior secured, floating rate loans made primarily to U.S. companies. Its goal is to increase income and portfolio diversification and reduce correlation to traditional fixed-income assets.

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