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Canoe EITome Fund (TSX:EIT.UN) Change In Receivables : C$0.0 Mil (TTM As of Dec. 2023)


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What is Canoe EITome Fund Change In Receivables?

Canoe EITome Fund's change in receivables for the quarter that ended in Dec. 2023 was C$0.0 Mil. It means Canoe EITome Fund's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Canoe EITome Fund's change in receivables for the fiscal year that ended in Dec. 2023 was C$0.0 Mil. It means Canoe EITome Fund's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Canoe EITome Fund's Accounts Receivable for the quarter that ended in Dec. 2023 was C$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. Canoe EITome Fund's Days Sales Outstanding for the six months ended in Dec. 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. Canoe EITome Fund's liquidation value for the six months ended in Dec. 2023 was C$-323.5 Mil.


Canoe EITome Fund Change In Receivables Historical Data

The historical data trend for Canoe EITome 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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Canoe EITome Fund Change In Receivables Chart

Canoe EITome Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
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Canoe EITome Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Canoe EITome 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was C$0.0 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.


Canoe EITome Fund  (TSX:EIT.UN) 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.

Canoe EITome Fund's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/166.872*91
=0.00

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

Canoe EITome Fund's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=14.773-338.302+0.75 * 0+0.5 * 0
=-323.5

* 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.


Canoe EITome Fund Change In Receivables Related Terms

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Canoe EITome Fund (TSX:EIT.UN) Business Description

Address
421 - 7th Avenue SW, Suite 2750, Calgary, AB, CAN, T2P 4K9
Canoe EIT Income Fund is a Canadian closed-end investment trust. The investment objective of the Fund is to maximize monthly distributions relative to risk and maximize net asset value while maintaining and expanding a diversified portfolio. The company invests in various sectors, of which Financials, Energy, Healthcare, etc.

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