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PSF (Cohen & Steers Select Preferred andome Fund) Accounts Receivable : $0.00 Mil (As of Jun. 2024)


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What is Cohen & Steers Select Preferred andome Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cohen & Steers Select Preferred andome Fund's accounts receivables for the quarter that ended in Jun. 2024 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cohen & Steers Select Preferred andome Fund's Days Sales Outstanding for the quarter that ended in Jun. 2024 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 Select Preferred andome Fund's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-10.91.


Cohen & Steers Select Preferred andome Fund Accounts Receivable Historical Data

The historical data trend for Cohen & Steers Select Preferred andome 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.

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Cohen & Steers Select Preferred andome Fund Accounts Receivable Chart

Cohen & Steers Select Preferred andome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Cohen & Steers Select Preferred andome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Cohen & Steers Select Preferred andome Fund Accounts Receivable Calculation

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


Cohen & Steers Select Preferred andome 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.

Cohen & Steers Select Preferred andome Fund's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/17.552*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Cohen & Steers Select Preferred andome Fund's accounts receivable are only considered to be worth 75% of book value:

Cohen & Steers Select Preferred andome Fund's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 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 * 0-131.285
-0-0)/12.0282
=-10.91

* 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 Select Preferred andome Fund Accounts Receivable Related Terms

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Cohen & Steers Select Preferred andome Fund Business Description

Traded in Other Exchanges
N/A
Address
1166 Avenue of the Americas, 30th Floor, New York, NY, USA, 10036
Cohen & Steers Select Preferred and Income Fund Inc is a diversified, closed-end investment company. The Fund's primary investment objective is high current income with capital appreciation as its secondary objective. The Fund invests at least of its Managed Assets in preferred and other income securities issued by U.S. and non-U.S. companies.
Executives
Ramona Lynn Rogers-windsor director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
James Giallanza officer: See Remarks 280 PARK AVENUE, C/O COHEN & STEERS, NEW YORK NY 10017
Jane F. Magpiong director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Jerry Dorost other: Portfolio Manager 280 PARK AVENUE, NEW YORK NY 10017
Gerald J. Maginnis director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10023
Elaine Zaharis-nikas officer: See Remarks 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Neil Bloom officer: Assistant Treasurer 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Edward C Delk officer: See Remarks 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Christian Corkery officer: Assistant Secretary 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
Stephen Murphy officer: Deputy CCO 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Margaret Mo officer: Assistant Secretary 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Daphne L Richards director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Bonnie Cohen director 1824 PHELPS PLACE, UNIT 1810, WASHINGTON DC 20008
Albert Laskaj officer: Assistant Treasurer COHEN & STEERS, 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017

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