First Trust MLP and Energyome Fund (First Trust MLP and Energyome Fund) Change In Receivables : $-0.89 Mil (TTM As of Oct. 2023)

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What is First Trust MLP and Energyome Fund Change In Receivables?

First Trust MLP and Energyome Fund's change in receivables for the quarter that ended in Oct. 2023 was $-0.82 Mil. It means First Trust MLP and Energyome Fund's Accounts Receivable increased by $0.82 Mil from Apr. 2023 to Oct. 2023 .

First Trust MLP and Energyome Fund's change in receivables for the fiscal year that ended in Oct. 2023 was $-0.89 Mil. It means First Trust MLP and Energyome Fund's Accounts Receivable increased by $0.89 Mil from Oct. 2022 to Oct. 2023 .

First Trust MLP and Energyome Fund's Accounts Receivable for the quarter that ended in Oct. 2023 was $0.00 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. First Trust MLP and Energyome Fund's Days Sales Outstanding for the six months ended in Oct. 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. First Trust MLP and Energyome Fund's liquidation value for the six months ended in Oct. 2023 was $-102.66 Mil.

First Trust MLP and Energyome Fund Change In Receivables Historical Data

The historical data trend for First Trust MLP and Energyome 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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First Trust MLP and Energyome Fund Change In Receivables Chart

First Trust MLP and Energyome Fund Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Change In Receivables

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-4.65

8.28

0.38

-0.32

-0.89

First Trust MLP and Energyome Fund Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Change In Receivables	Get a 7-Day Free Trial								1.14	-0.25	-0.07	-0.07	-0.82

First Trust MLP and Energyome 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 Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.89 Mil.

First Trust MLP and Energyome Fund (NYSE:FEI) 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.

First Trust MLP and Energyome Fund'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	/	12.37	*	91
=	0.00

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

First Trust MLP and Energyome Fund's liquidation value for the quarter that ended in Oct. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	102.657	+	0.75 * 0	+	0.5 * 0
=	-102.66

First Trust MLP and Energyome Fund Change In Receivables Related Terms

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First Trust MLP and Energyome Fund (First Trust MLP and Energyome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Trust MLP and Energy Income Fund (NYSE:FEI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Westport Road, Suite C101a, Wilton, CT, USA, 06897

Website

https://www.ftportfolios.com

First Trust MLP and Energy Income Fund is a non-diversified, closed-end management investment company. Its focus is on investing in publicly traded master limited partnerships(MLP) related entities, and other companies in the energy sector and energy utility industries. Its investment objective is to seek a high level of total return with an emphasis on current distributions paid to common shareholders.

Executives

Bronwyn Wright	director	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
M Keefe Denise	director	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler	other: Officer-Investment Advisor	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske	other: Officer-Investment Advisor	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Nandita Hogan	other: Officer-Investment Sub-Advisor	ENERGY INCOME PARTNERS, LLC, 49 RIVERSIDE AVENUE, WESTPORT CT 06880
John K Tysseland	other: Officer-Investment Sub-Advisor	ENERGY INCOME PARTNERS, LLC, 49 RIVERSIDE AVE., WESTPORT CT 06880
Shane Shannon	officer: Assistant Secretary	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Lisa Iantorno	other: Officer-Investment Sub-Advisor	ENERGY INCOME PARTNERS, 49 RIVERSIDE AVENUE, WESTPORT CT 06880
Robert F Keith	director	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Eva Pao	other: Officer-Investment Sub-Advisor	ENERGY INCOME PARTNERS, LLC, 49 RIVERSIDE AVENUE, WESTPORT CT 06880
Thomas R Kadlec	director	C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Richard E Erickson	director	C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
First Trust Portfolios Lp	other: Affiliate-Investment Advisor	12O EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
James M Dykas	officer: Treasurer	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Daniel J Lindquist	officer: Vice President	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187