Flaherty & Crumrine Pref&Inc Allocation (Flaherty & Crumrine Pref&Inc Allocation) Accounts Receivable : $0.00 Mil (As of Nov. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Flaherty & Crumrine Pref&Inc Allocation Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Flaherty & Crumrine Pref&Inc Allocation's accounts receivables for the quarter that ended in Nov. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Flaherty & Crumrine Pref&Inc Allocation's Days Sales Outstanding for the quarter that ended in Nov. 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. Flaherty & Crumrine Pref&Inc Allocation's Net-Net Working Capital per share for the quarter that ended in Nov. 2023 was $-13.55.

Flaherty & Crumrine Pref&Inc Allocation Accounts Receivable Historical Data

The historical data trend for Flaherty & Crumrine Pref&Inc Allocation'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.

Flaherty & Crumrine Pref&Inc Allocation Accounts Receivable Chart

Flaherty & Crumrine Pref&Inc Allocation Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Accounts Receivable

Get a 7-Day Free Trial

Flaherty & Crumrine Pref&Inc Allocation Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Accounts Receivable	Get a 7-Day Free Trial								-	-	-	-	-

Flaherty & Crumrine Pref&Inc Allocation Accounts Receivable Calculation

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

Flaherty & Crumrine Pref&Inc Allocation 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.

Flaherty & Crumrine Pref&Inc Allocation'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	/	28.802	*	91
=	0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Flaherty & Crumrine Pref&Inc Allocation's accounts receivable are only considered to be worth 75% of book value:

Flaherty & Crumrine Pref&Inc Allocation's Net-Net Working Capital Per Share for the quarter that ended in Nov. 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)
=	(0	+	0.75 * 0	+	0.5 * 0	-	278.314
-	0	-	0)	/	20.5381
=	-13.55

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.

Flaherty & Crumrine Pref&Inc Allocation Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Flaherty & Crumrine Pref&Inc Allocation's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Flaherty & Crumrine Pref&Inc Allocation (Flaherty & Crumrine Pref&Inc Allocation) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Flaherty & Crumrine Pref&Inc Allocation (NYSE:DFP) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101

Website

https://www.preferredincome.com

Flaherty & Crumrine Pref&Inc Allocation is a diversified, closed-end management investment company. Its investment objective is to seek total return, with an emphasis on high current income.

Executives

Bradford S Stone	officer: CFO and Treasurer, other: Affiliate of Inv. Adviser	47 MAPLE ST. SUITE 403, SUMMIT NJ 07901
Robert E Chadwick	officer: CFO, VP & Treasurer	301 E COLORADO BLVD STE 720, PASADENA CA 91101
Robert F Wulf	director	301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Chad Conwell	officer: CCO, VP and Secretary	301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Robert M Ettinger	officer: President	301 E COLORADO BLVD STE 720, PASADENA CA 91101
Morgan Gust	director	C/O COBIZ FINANCIAL INC., 821 SEVENTEENTH STREET, DENVER CO 80202
Donald F Crumrine	director, officer: Chief Executive Officer	301 E COLORADO BLVD STE 720, PASADENA CA 91101
David Gale	director	220 MONTGOMERY STREET, SUITE 426, SAN FRANCISCO CA 94104
Karen Hanovice Hogan	director	301 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Laurie C Lodolo	officer: Asst-CompOfficer/Treas/Sec	301 E. COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101
Flaherty & Crumrine Inc	other: Investment Adviser	301 E. COLORADO BLVD, SUITE 720, PASADENA CA 91101
Robert T. Flaherty	other: Affiliated person Inv. Adviser	301 EAST COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101