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Invesco Pennsylvania Value Municipalome Trust (Invesco Pennsylvania Value Municipalome Trust) Accounts Receivable : $0.00 Mil (As of Aug. 2023)


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What is Invesco Pennsylvania Value Municipalome Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Invesco Pennsylvania Value Municipalome Trust's accounts receivables for the quarter that ended in Aug. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Invesco Pennsylvania Value Municipalome Trust's Days Sales Outstanding for the quarter that ended in Aug. 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. Invesco Pennsylvania Value Municipalome Trust's Net-Net Working Capital per share for the quarter that ended in Aug. 2023 was $-7.01.

Invesco Pennsylvania Value Municipalome Trust Accounts Receivable Historical Data

The historical data trend for Invesco Pennsylvania Value Municipalome Trust'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.

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Invesco Pennsylvania Value Municipalome Trust Accounts Receivable Chart

Invesco Pennsylvania Value Municipalome Trust Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Accounts Receivable
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Invesco Pennsylvania Value Municipalome Trust Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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Invesco Pennsylvania Value Municipalome Trust Accounts Receivable Calculation

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

Invesco Pennsylvania Value Municipalome Trust 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.

Invesco Pennsylvania Value Municipalome Trust's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.449*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Invesco Pennsylvania Value Municipalome Trust's accounts receivable are only considered to be worth 75% of book value:

Invesco Pennsylvania Value Municipalome Trust's Net-Net Working Capital Per Share for the quarter that ended in Aug. 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)
=(7.525+0.75 * 0+0.5 * 0-174.452
-0-0)/23.8295
=-7.01

* 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.

Invesco Pennsylvania Value Municipalome Trust Accounts Receivable Related Terms

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Invesco Pennsylvania Value Municipalome Trust (Invesco Pennsylvania Value Municipalome Trust) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) » Definitions » Accounts Receivable
Comparable Companies
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Traded in Other Exchanges
N/A
Address
1555 Peachtree Street North East, Suite 1800, Atlanta, GA, USA, 30309
Website
https://www.invesco.com
Invesco Pennsylvania Value Municipal Income Trust is a diversified, closed-end management investment company. The investment objective is to provide common shareholders with a high level of current income exempt from federal and Pennsylvania income taxes and, where possible under local law, local income and personal property taxes, consistent with preservation of capital.
Executives
Glenn Eugene Brightman officer: President & PEO 570 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Stephanie Butcher officer: Senior Vice President 1555 PEACHTREE ST. NE, ATLANTA GA 30309
Tony Wong director, officer: Senior Vice President 1331 SPRING STREET NW, SUITE 2500, ATLANTA GA 30309
Melanie Ringold officer: SVP, CLO and Secretary 1555 PEACHTREE STREE NE, SUITE 1800, ATLANTA GA 30309
Mark William Gregson officer: Chief Accounting Officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Terry Vacheron officer: Chief Financial Officer 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Bordewick James R Jr officer: Senior Officer & SVP C/O BANC OF AMERICA INVESTMENT ADVISORS, 100 FEDERAL STREET, BOSTON MA 02110
Josh Cooney other: Portfolio Manager 1555 PEACHTREE ST NE SUITE 1800, ATLANTA GA 30309
Elizabeth Mossow other: Portfolio Manager 1555 PEACHTREE ST NE SUITE 1800, ATLANTA GA 30309
Adrien Deberghes officer: Vice President,PFO & Treasurer 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Laura Allison Dukes officer: SMD and CFO 780 JOHNSON FERRY ROAD, SUITE 800, ATLANTA GA 30342
Loren M Starr director
Annette Lege director, officer: CFO & CAO 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Kevin M Carome director
Todd F Kuehl officer: Chief Compliance officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309