Federated Hermes Premier Municipalome Fund (Federated Hermes Premier Municipalome Fund) Change In Receivables : $-0.05 Mil (TTM As of Nov. 2023)

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What is Federated Hermes Premier Municipalome Fund Change In Receivables?

Federated Hermes Premier Municipalome Fund's change in receivables for the quarter that ended in Nov. 2023 was $0.15 Mil. It means Federated Hermes Premier Municipalome Fund's Accounts Receivable declined by $0.15 Mil from May. 2023 to Nov. 2023 .

Federated Hermes Premier Municipalome Fund's change in receivables for the fiscal year that ended in Nov. 2023 was $-0.05 Mil. It means Federated Hermes Premier Municipalome Fund's Accounts Receivable increased by $0.05 Mil from Nov. 2022 to Nov. 2023 .

Federated Hermes Premier Municipalome Fund'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. Federated Hermes Premier Municipalome Fund'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. Federated Hermes Premier Municipalome Fund's liquidation value for the six months ended in Nov. 2023 was $-92.81 Mil.

Federated Hermes Premier Municipalome Fund Change In Receivables Historical Data

The historical data trend for Federated Hermes Premier Municipalome 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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Federated Hermes Premier Municipalome Fund Change In Receivables Chart

Federated Hermes Premier Municipalome Fund Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Change In Receivables

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-0.27

-0.47

0.12

1.16

-0.05

Federated Hermes Premier Municipalome Fund 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								-0.03	1.20	-0.04	-0.20	0.15

Federated Hermes Premier Municipalome 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 Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.05 Mil.

Federated Hermes Premier Municipalome Fund (NYSE:FMN) 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.

Federated Hermes Premier Municipalome Fund'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	/	1.553	*	91
=	0.00

2. In Ben Graham's calculation of liquidation value, Federated Hermes Premier Municipalome Fund's accounts receivable are only considered to be worth 75% of book value:

Federated Hermes Premier Municipalome Fund'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)
=	0.085	-	92.891	+	0.75 * 0	+	0.5 * 0
=	-92.81

Federated Hermes Premier Municipalome Fund Change In Receivables Related Terms

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Federated Hermes Premier Municipalome Fund (Federated Hermes Premier Municipalome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Federated Hermes Premier Municipal Income Fund (NYSE:FMN) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

4000 Ericsson Drive, Warrendale, PA, USA, 15086-7561

Website

https://www.federatedinvestors.com

Federated Hermes Premier Municipal Income Fund is a United States-based diversified, closed-end management investment company. The investment objective of the fund is to provide current income exempt from federal income tax, including the federal alternative minimum tax. Its portfolio of investments comprises different sectors such as hospitals, toll road, senior care, airport, tobacco, and other sectors.

Executives

Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
J Christopher Donahue	director, officer: Trustee and President	5800 CORPORATE DRIVE, PITTSBURGH PA 15237-7000
Boaz Weinstein	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Banc Of America Preferred Funding Corp	10 percent owner	214 NORTH TRYON STREET, CHARLOTTE NC 28255
Christopher Herkins	other: Senior Trader	1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
Duwayne Walker	other: Portfolio Manager	1001 LIBERTY AVENUE, PITTSBURGH PA 15222
Madelyn A Reilly	director	C/O 1001 LIBERTY AVENUE, PITTSBURGH PA 15222
Gallagher James J. Ii	other: Director, Fed. Inv. Mgmt Co.	500 DELAWARE AVENUE, SUITE 1500, WILMINGTON DE 19801
Patrick Benacci	other: Senior Trader	1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
G. Thomas Hough	director	P.O. BOX 407, LAKELAND FL 33802
Meter Stephen Van	officer: Chief Compliance Officer	FEDERATED INVESTORS TOWER, 1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
John T Collins	director	THE COLLINS GROUP, 60 STATE ST, SUITE 700, BOSTON MA 02109
P Jerome Richey	director	1800 WASHINGTON ROAD, PITTSBURGH PA 15421-1421
Bank Of America Na	10 percent owner	100 N. TRYON STREET, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c.	10 percent owner	ONE BRYANT PARK, NEW YORK NY 10036