GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » COHEN & STEERS TAX-ADV PRD SEC AND INC (NYSE:PTA) » Definitions » Accounts Receivable

COHEN & STEERS TAX-ADV PRD SEC AND (COHEN & STEERS TAX-ADV PRD SEC AND) Accounts Receivable : $0.00 Mil (As of Oct. 2023)


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

What is COHEN & STEERS TAX-ADV PRD SEC AND Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. COHEN & STEERS TAX-ADV PRD SEC AND's accounts receivables for the quarter that ended in Oct. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. COHEN & STEERS TAX-ADV PRD SEC AND's Days Sales Outstanding for the quarter that ended in Oct. 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. COHEN & STEERS TAX-ADV PRD SEC AND's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was $-10.99.


COHEN & STEERS TAX-ADV PRD SEC AND Accounts Receivable Historical Data

The historical data trend for COHEN & STEERS TAX-ADV PRD SEC AND'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.

COHEN & STEERS TAX-ADV PRD SEC AND Accounts Receivable Chart

COHEN & STEERS TAX-ADV PRD SEC AND Annual Data
Trend Oct20 Oct21 Oct22 Oct23
Accounts Receivable
- - - -

COHEN & STEERS TAX-ADV PRD SEC AND Semi-Annual Data
Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Accounts Receivable Get a 7-Day Free Trial - - - - -

COHEN & STEERS TAX-ADV PRD SEC AND Accounts Receivable Calculation

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


COHEN & STEERS TAX-ADV PRD SEC AND 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.

COHEN & STEERS TAX-ADV PRD SEC AND's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/10.647*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), COHEN & STEERS TAX-ADV PRD SEC AND's accounts receivable are only considered to be worth 75% of book value:

COHEN & STEERS TAX-ADV PRD SEC AND's Net-Net Working Capital Per Share for the quarter that ended in Oct. 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)
=(1.331+0.75 * 0+0.5 * 0-608.985
-0-0)/55.2735
=-10.99

* 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.


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.


COHEN & STEERS TAX-ADV PRD SEC AND Accounts Receivable Related Terms

Thank you for viewing the detailed overview of COHEN & STEERS TAX-ADV PRD SEC AND's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


COHEN & STEERS TAX-ADV PRD SEC AND (COHEN & STEERS TAX-ADV PRD SEC AND) Business Description

Traded in Other Exchanges
N/A
Address
1166 Avenue of the Americas, 30th Floor, New York, NY, USA, 10036
COHEN & STEERS TAX-ADV PRD SEC AND INC is a non-diversified, closed-end management statutory trust. Its primary investment objective is high current income, and the Fund's secondary investment objective is capital appreciation.
Executives
Ramona Lynn Rogers-windsor director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Jerry Dorost officer: Vice President, other: Portfolio Manager 280 PARK AVENUE, NEW YORK NY 10017
Jane F. Magpiong director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Gerald J. Maginnis director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10023
William F Scapell officer: Vice President C/O COHEN & STEERS, 280 PARK AVENUE, NEW YORK NY 10017
Edward C Delk officer: See Remarks 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Ward C Edward Jr director C/O COHEN & STEERS, 280 PARK AVENUE, NEW YORK NY 10017
Elaine Zaharis-nikas officer: Vice President 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Daphne L Richards director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Christian Corkery officer: Assistant Secretary 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Margaret Mo officer: Assistant Secretary 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
George Grossman director C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Dean Junkans director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10023
Dana Devivo officer: Secretary, Chief Legal Officer 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Albert Laskaj officer: Treasurer COHEN & STEERS, 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017

COHEN & STEERS TAX-ADV PRD SEC AND (COHEN & STEERS TAX-ADV PRD SEC AND) Headlines

From GuruFocus

COHEN & STEERS TAX-ADV PRD SEC AND INC's Dividend Analysis

By GuruFocus Research 01-15-2024