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Nuveen New York AMT-Free Quality Municipalome Fund (Nuveen New York AMT-Free Quality Municipalome Fund) Accounts Receivable : $0.00 Mil (As of Aug. 2023)


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What is Nuveen New York AMT-Free Quality Municipalome Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nuveen New York AMT-Free Quality Municipalome Fund's accounts receivables for the quarter that ended in Aug. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nuveen New York AMT-Free Quality Municipalome Fund's Days Sales Outstanding for the quarter that ended in Aug. 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. Nuveen New York AMT-Free Quality Municipalome Fund's Net-Net Working Capital per share for the quarter that ended in Aug. 2023 was $-7.78.


Nuveen New York AMT-Free Quality Municipalome Fund Accounts Receivable Historical Data

The historical data trend for Nuveen New York AMT-Free Quality Municipalome 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 New York AMT-Free Quality Municipalome Fund Accounts Receivable Chart

Nuveen New York AMT-Free Quality Municipalome Fund Annual Data
Trend Sep14 Sep15 Sep16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Accounts Receivable
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Nuveen New York AMT-Free Quality Municipalome Fund Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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Nuveen New York AMT-Free Quality Municipalome Fund Accounts Receivable Calculation

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


Nuveen New York AMT-Free Quality Municipalome 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 New York AMT-Free Quality Municipalome Fund's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/11.755*91
=0.00

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

Nuveen New York AMT-Free Quality Municipalome Fund's Net-Net Working Capital Per Share for the quarter that ended in Aug. 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)
=(1.514+0.75 * 0+0.5 * 0-679.983
-0-0)/87.2353
=-7.78

* 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 New York AMT-Free Quality Municipalome Fund Accounts Receivable Related Terms

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Nuveen New York AMT-Free Quality Municipalome Fund (Nuveen New York AMT-Free Quality Municipalome Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen New York AMT-Free Quality Municipal Income Fund is a closed-end investment company. Its investment objective is to provide current income exempt from regular federal, New York State, and New York City income taxes and from the federal alternative minimum tax applies to individuals and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds that the Fund's investment adviser believes are underrated or undervalued or that represent municipal market sectors that are undervalued.
Executives
Nathaniel T. Jones officer: Vice President and Treasurer C/O NUVEEN 333 W. WACKER DRIVE, STE 3400, CHICAGO IL 60606
Karpus Management, Inc. 10 percent owner 183 SULLY'S TRAIL, PITTSFORD NY 14534
Kristen Dejong other: Portfolio Manager 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Michael A Perry officer: Vice President 101 PARK AVENUE, SUITE 1400, OKLAHOMA CITY OK 73102
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brett Black officer: Chief Compliance Officer 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Lancellotta Amy B.r. other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Deann Morgan officer: Vice President TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Jon Scott Meissner officer: Vice President 333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Jacques M Longerstaey officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brian J Lockhart officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
E. Scott Wickerham officer: Vice President C/O NUVEEN, STE 3400, CHICAGO IL 60606

Nuveen New York AMT-Free Quality Municipalome Fund (Nuveen New York AMT-Free Quality Municipalome Fund) Headlines