GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Guggenheim Taxable Municipal Managed Duration Trust (NYSE:GBAB) » Definitions » Accounts Receivable

Guggenheim Taxable Municipal Managed Duration Trust (Guggenheim Taxable Municipal Managed Duration Trust) Accounts Receivable : $0.00 Mil (As of Nov. 2023)


View and export this data going back to . Start your Free Trial

What is Guggenheim Taxable Municipal Managed Duration Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Guggenheim Taxable Municipal Managed Duration Trust's accounts receivables for the quarter that ended in Nov. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Guggenheim Taxable Municipal Managed Duration Trust's Days Sales Outstanding for the quarter that ended in Nov. 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. Guggenheim Taxable Municipal Managed Duration Trust's Net-Net Working Capital per share for the quarter that ended in Nov. 2023 was $-6.23.


Guggenheim Taxable Municipal Managed Duration Trust Accounts Receivable Historical Data

The historical data trend for Guggenheim Taxable Municipal Managed Duration 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.

* Premium members only.

Guggenheim Taxable Municipal Managed Duration Trust Accounts Receivable Chart

Guggenheim Taxable Municipal Managed Duration Trust Annual Data
Trend May18 May19 May20 May21 May22 May23
Accounts Receivable
Get a 7-Day Free Trial - - - - -

Guggenheim Taxable Municipal Managed Duration Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Guggenheim Taxable Municipal Managed Duration Trust Accounts Receivable Calculation

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


Guggenheim Taxable Municipal Managed Duration 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.

Guggenheim Taxable Municipal Managed Duration Trust's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.139*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Guggenheim Taxable Municipal Managed Duration Trust's accounts receivable are only considered to be worth 75% of book value:

Guggenheim Taxable Municipal Managed Duration Trust's Net-Net Working Capital Per Share for the quarter that ended in Nov. 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)
=(0.169+0.75 * 0+0.5 * 0-146.735
-0-0)/23.5096
=-6.23

* 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.


Guggenheim Taxable Municipal Managed Duration Trust Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Guggenheim Taxable Municipal Managed Duration Trust's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Guggenheim Taxable Municipal Managed Duration Trust (Guggenheim Taxable Municipal Managed Duration Trust) Business Description

Traded in Other Exchanges
N/A
Address
227 West Monroe, Chicago, IL, USA, 60606
Guggenheim Taxable Municipal Managed Duration Trust is a diversified closed-end management investment company. Its investment objective is to provide current income with a secondary objective of long-term capital appreciation. Its products include Mutual funds, Unit investment trusts, Closed-end funds, Rydex funds, Credit income fund.
Executives
Toupin Ronald E Jr director, other: Trustee 117 ASHLAND AVENUE, RIVER FOREST IL 60305
Angela Brock-kyle director, other: Trustee 3700 COLONNADE PARKWAY, BIRMINGHAM AL 35243
Chubb Donald A. Jr. director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Lydon Thomas F Jr director, other: Trustee
Sandra G Sponem director, other: Trustee 800 NICOLLET MALL, J1012057, MINNEAPOLIS MN 55402-7020
Evan Loring Serdensky other: Portfolio Manager 227 WEST MONROE STREET, CHICAGO IL 60606
William Rehder officer: Assistant Vice President 227 W MONROE STREET, CHICAGO IL 60606
Steven H. Brown other: Portfolio Manager 227 WEST MONROE STREET, 49TH FLOOR, CHICAGO IL 60606
Adam Bloch other: portfolio manager 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Jon Szafran officer: Assistant Treasurer 227 W. MONROE STREET, CHICAGO IL 60606
Brian E. Binder officer: President and CEO C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 11752
Anne Bookwalter Walsh other: Managing Director 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Keith David Kemp officer: Assistant Treasurer MACQUARIE FUND ADVISER LLC, 125 WEST 55TH STREET, NEW YORK NY 10019
Glenn Mcwhinnie officer: Assistant Treasurer 227 W. MONROE STREET, CHICAGO IL 60606
Adam J Nelson officer: Assistant Treasurer 227 WEST MONROE STREET, CHICAGO IL 60606

Guggenheim Taxable Municipal Managed Duration Trust (Guggenheim Taxable Municipal Managed Duration Trust) Headlines