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Nuveen Diversified Commodity Fund (Nuveen Diversified Commodity Fund) Accounts Receivable : $0.00 Mil (As of Sep. 2016)


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What is Nuveen Diversified Commodity Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nuveen Diversified Commodity Fund's accounts receivables for the quarter that ended in Sep. 2016 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nuveen Diversified Commodity Fund's Days Sales Outstanding for the quarter that ended in Sep. 2016 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. Nuveen Diversified Commodity Fund's Net-Net Working Capital per share for the quarter that ended in Sep. 2016 was $7.44.


Nuveen Diversified Commodity Fund Accounts Receivable Historical Data

The historical data trend for Nuveen Diversified Commodity 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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Nuveen Diversified Commodity Fund Accounts Receivable Chart

Nuveen Diversified Commodity Fund Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Accounts Receivable
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Nuveen Diversified Commodity Fund Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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Nuveen Diversified Commodity Fund Accounts Receivable Calculation

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


Nuveen Diversified Commodity 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.

Nuveen Diversified Commodity Fund's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.085*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Nuveen Diversified Commodity Fund's accounts receivable are only considered to be worth 75% of book value:

Nuveen Diversified Commodity Fund's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2016 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)
=(71.524+0.75 * 0+0.5 * 0-4.248
-0-0)/9.04704
=7.44

* 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.


Nuveen Diversified Commodity Fund Accounts Receivable Related Terms

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Nuveen Diversified Commodity Fund (Nuveen Diversified Commodity Fund) Business Description

Traded in Other Exchanges
N/A
Address
Nuveen Diversified Commodity Fund was organized as a Delaware statutory trust on December 7, 2005, to operate as a commodity pool. The Fund commenced operations on September 27, 2010, with its initial public offering. Prior to the initial public offering, the Fund was inactive except for matters relating to its organization and registration. The Fund's investment objective is to generate higher risk-adjusted total return than commodity market benchmarks. In pursuing its investment objective, the Fund invests in a diversified portfolio of commodity futures and forward contracts to obtain broad exposure to all principal groups in the commodity markets.
Executives
Sherri A Hlavacek officer: Vice President & Treasurer 333 WEST WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Harry W Short other: Independent Committee Member 50 S LA SALLE ST, CHICAGO IL 60675
William Iv Adams officer: Vice President EVANSTON ALTERNATIVE OPPORTUNITIES FUND, 1560 SHERMAN AVENUE, SUITE 960, EVANSTON IL 60201
William J Schneider other: Trustee 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Virginia Stringer other: Trustee 800 NICOLLET MALL, C/O US BANCORP ASSET MANAGEMENT, MINNEAPOLIS MI 55402
Kathleen L Prudhomme officer: Vice President 800 NICOLLET MALL, MAIL STOP BC-MN-H21C, MINNEAPOLIS MN 55402
Terence J Toth other: Trustee
Robert P Bremner other: Trustee 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
David J Kundert other: Trustee 4599 BEECHER COURT, NEW ALBANY OH 43054
Carole E Stone other: Trustee 2169 ROWLEY ROAD, MALTA NY 12020
Douglas M. Baker officer: SVP and Pf Mgr of subadvisor C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, CHICAGO IL 60606

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