DMA (Destra Multi-Alternative Fund) Accounts Receivable : $0.00 Mil (As of Mar. 2025)

View and export this data going back to 1990. Start your Free Trial

What is Destra Multi-Alternative Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Destra Multi-Alternative Fund's accounts receivables for the quarter that ended in Mar. 2025 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Destra Multi-Alternative Fund's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was $-1.99.

Destra Multi-Alternative Fund Accounts Receivable Historical Data

The historical data trend for Destra Multi-Alternative 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.

Destra Multi-Alternative Fund Accounts Receivable Chart

Destra Multi-Alternative Fund Annual Data

Trend

Feb22

Mar23

Mar24

Mar25

Accounts Receivable

Destra Multi-Alternative Fund Semi-Annual Data
	Feb22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25
Accounts Receivable	Get a 7-Day Free Trial			-	-	-	-	-

Destra Multi-Alternative Fund Accounts Receivable Calculation

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

Destra Multi-Alternative 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.

Destra Multi-Alternative Fund's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	-8.367	*	91
=

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

Destra Multi-Alternative Fund's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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)
=	(0	+	0.75 * 0	+	0.5 * 0	-	17.809
-	0	-	0)	/	8.963
=	-1.99

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.

Destra Multi-Alternative Fund Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Destra Multi-Alternative Fund's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Destra Multi-Alternative Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Destra Multi-Alternative Fund (NYSE:DMA) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

443 North Willson Avenue, Bozeman, MT, USA, 59715

Website

https://www.destracapital.com

Destra Multi-Alternative Fund is a non-diversified, closed-end management investment company that operates as an interval fund with a continuous offering of fund shares. The investment objective of the fund is to seek returns from capital appreciation and income with an emphasis on income generation.

Executives

Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Randi Jean Roessler	officer: Chief Compliance Officer	C/O DESTRA MULTI ALTERNATIVE FUND, 443 NORTH WILLSON AVENUE, BOZEMAN MT 59715
Robert A. Watson	officer: PRESIDENT	443 NORTH WILLSON AVENUE, BOZEMAN MT 59715
Zach Leeds	other: Assistant Portfolio Manager	1710 LARKIN ST, #11, SAN FRANCISCO CA 94109
Kenneth B. Merritt	officer: Assistant Secretary	443 NORTH WILLSON AVENUE, BOZEMAN MT 59715
Gossard Cory J	officer: Chief Compliance Officer	C/O PINE ADVISER SOLUTIONS, 501 S. CHERRY STREET, SUITE 1090, DENVER CO 80246
Jacob G. Schultz	officer: Secretary	443 NORTH WILLSON AVENUE, BOZEMAN MT 59715
Marcie Mcveigh	officer: Assistant Treasurer	225 PICTORIA DRIVE, SUITE 450, CINCINNATI OH 45246
Derek Jason Mullins	officer: CFO and Treasurer	C/O PINE ADVISOR SOLUTIONS, 501 S. CHERRY ST., SUITE 1090, DENVER CO 80246
Nicholas Dalmaso	director	10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Michael Erickson	director	C/O DESTRA CAPITAL ADVISORS LLC, 444 WEST LAKE STREET, SUITE 1700, CHICAGO IL 60606-0070
Jeffrey S. Murphy	director	C/O DESTRA CAPITAL ADVISORS LLC, 444 WEST LAKE STREET, SUITE 1700, CHICAGO IL 60606-0070
John Scott Emrich	director	C/O DESTRA CAPITAL ADVISORS LLC, 444 WEST LAKE STREET, SUITE 1700, CHICAGO IL 60606-0070
Aaron Jay Rosen	other: Advior Affiliate	10655 CALLE MAR DE MARIPOSA #4101, SAN DIEGO CA 92130