Flaherty & Crumrine Pref&Inc Allocation (Flaherty & Crumrine Pref&Inc Allocation) Change In Receivables : $0.60 Mil (TTM As of Nov. 2023)

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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 Nov. 2023 was $-0.05 Mil. It means Flaherty & Crumrine Pref&Inc Allocation's Accounts Receivable increased by $0.05 Mil from May. 2023 to Nov. 2023 .

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 Nov. 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. Flaherty & Crumrine Pref&Inc Allocation's Days Sales Outstanding for the six months ended in Nov. 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. Flaherty & Crumrine Pref&Inc Allocation's liquidation value for the six months ended in Nov. 2023 was $-278.31 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

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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
Change In Receivables	Get a 7-Day Free Trial								-8.07	7.97	-8.84	0.65	-0.05

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 Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.60 Mil.

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 Nov. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	28.802	*	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 Nov. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	278.314	+	0.75 * 0	+	0.5 * 0
=	-278.31

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

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Flaherty & Crumrine Pref&Inc Allocation (Flaherty & Crumrine Pref&Inc Allocation) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Flaherty & Crumrine Pref&Inc Allocation (NYSE:DFP) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101

Website

https://www.preferredincome.com

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