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DFP (Flaherty & Crumrine Pref&Inc Allocation) Change In Receivables : $0.44 Mil (TTM As of May. 2024)


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What is Flaherty & Crumrine Pref&Inc Allocation Change In Receivables?

Flaherty & Crumrine Pref&Inc Allocation's change in receivables for the quarter that ended in May. 2024 was $0.48 Mil. It means Flaherty & Crumrine Pref&Inc Allocation's Accounts Receivable declined by $0.48 Mil from Nov. 2023 to May. 2024 .

Flaherty & Crumrine Pref&Inc Allocation's change in receivables for the fiscal year that ended in Nov. 2023 was $0.60 Mil. It means Flaherty & Crumrine Pref&Inc Allocation's Accounts Receivable declined by $0.60 Mil from Nov. 2022 to Nov. 2023 .

Flaherty & Crumrine Pref&Inc Allocation's Accounts Receivable for the quarter that ended in May. 2024 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. Flaherty & Crumrine Pref&Inc Allocation's Days Sales Outstanding for the six months ended in May. 2024 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. Flaherty & Crumrine Pref&Inc Allocation's liquidation value for the six months ended in May. 2024 was $-279.53 Mil.


Flaherty & Crumrine Pref&Inc Allocation Change In Receivables Historical Data

The historical data trend for Flaherty & Crumrine Pref&Inc Allocation'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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Flaherty & Crumrine Pref&Inc Allocation Change In Receivables Chart

Flaherty & Crumrine Pref&Inc Allocation Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Change In Receivables
Get a 7-Day Free Trial 0.48 -0.08 -8.32 -0.88 0.60

Flaherty & Crumrine Pref&Inc Allocation Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.97 -8.84 0.65 -0.05 0.48

Flaherty & Crumrine Pref&Inc Allocation 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 May. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.44 Mil.

* 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.


Flaherty & Crumrine Pref&Inc Allocation  (NYSE:DFP) 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.

Flaherty & Crumrine Pref&Inc Allocation's Days Sales Outstanding for the quarter that ended in May. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/44.448*91
=0.00

2. In Ben Graham's calculation of liquidation value, Flaherty & Crumrine Pref&Inc Allocation's accounts receivable are only considered to be worth 75% of book value:

Flaherty & Crumrine Pref&Inc Allocation's liquidation value for the quarter that ended in May. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-279.525+0.75 * 0+0.5 * 0
=-279.53

* 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.


Flaherty & Crumrine Pref&Inc Allocation Change In Receivables Related Terms

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Flaherty & Crumrine Pref&Inc Allocation Business Description

Traded in Other Exchanges
N/A
Address
301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101
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

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