MainStay CBRE Global Infrastructure Megatrends Fund (MainStay CBRE Global Infrastructure Megatrends Fund) Change In Receivables : $1.98 Mil (TTM As of Nov. 2023)

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What is MainStay CBRE Global Infrastructure Megatrends Fund Change In Receivables?

MainStay CBRE Global Infrastructure Megatrends Fund's change in receivables for the quarter that ended in Nov. 2023 was $1.65 Mil. It means MainStay CBRE Global Infrastructure Megatrends Fund's Accounts Receivable declined by $1.65 Mil from May. 2023 to Nov. 2023 .

MainStay CBRE Global Infrastructure Megatrends Fund's change in receivables for the fiscal year that ended in May. 2023 was $2.66 Mil. It means MainStay CBRE Global Infrastructure Megatrends Fund's Accounts Receivable declined by $2.66 Mil from May. 2022 to May. 2023 .

MainStay CBRE Global Infrastructure Megatrends 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. MainStay CBRE Global Infrastructure Megatrends Fund's liquidation value for the six months ended in Nov. 2023 was $-282.38 Mil.

MainStay CBRE Global Infrastructure Megatrends Fund Change In Receivables Historical Data

The historical data trend for MainStay CBRE Global Infrastructure Megatrends 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.

* Premium members only.

MainStay CBRE Global Infrastructure Megatrends Fund Change In Receivables Chart

MainStay CBRE Global Infrastructure Megatrends Fund Annual Data

Trend

May22

May23

Change In Receivables

2.66

MainStay CBRE Global Infrastructure Megatrends Fund Semi-Annual Data
	Nov22	May23	Nov23
Change In Receivables	2.33	0.33	1.65

MainStay CBRE Global Infrastructure Megatrends 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 $1.98 Mil.

MainStay CBRE Global Infrastructure Megatrends Fund (NYSE:MEGI) 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.

MainStay CBRE Global Infrastructure Megatrends 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	/	-32.155	*	91
=

2. In Ben Graham's calculation of liquidation value, MainStay CBRE Global Infrastructure Megatrends Fund's accounts receivable are only considered to be worth 75% of book value:

MainStay CBRE Global Infrastructure Megatrends 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)
=	0.001	-	282.385	+	0.75 * 0	+	0.5 * 0
=	-282.38

MainStay CBRE Global Infrastructure Megatrends Fund Change In Receivables Related Terms

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MainStay CBRE Global Infrastructure Megatrends Fund (MainStay CBRE Global Infrastructure Megatrends Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MainStay CBRE Global Infrastructure Megatrends Fund (NYSE:MEGI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 Madison Avenue, New York, NY, USA, 10010

Website

https://www.newyorklifeinvestments.com

MainStay CBRE Global Infrastructure Megatrends Fund is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek a high level of total return with an emphasis on current income.

Executives

Jacques P Perold	director	51 MADISON AVENUE, NEW YORK NY 10010
Joseph P Smith	other: Portfolio Manager	201 KING OF PRUSSIA RD SUITE 600, RADNOR PA 19087
Jeremy Anagnos	other: Portfolio Manager	201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Naim Abou-jaoude	other: CEO, NY LIFE INVEST MGMENT LLC	200 ALDERSGATE STREET, C/O CANDRIAM, NORTH ENTRANCE, LONDON X0 EC1A4HD
Alain M Karaoglan	other: Chairman & Interim CEO	230 PARK AVENUE, NEW YORK NY 10169
Richard S Trutanic	director	51 MADISON AVENUE, NEW YORK NY 10010
Kevin M Gleason	officer: Chief Compliance Officer	30 HUDSON STREET, JERSEY CITY NJ 07302
Daniel Ryan Foley	other: Portfolio Manager	201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Kirk C Lehneis	officer: President	51 MADISON AVENUE, NEW YORK NY 10010
Hinds Howard	other: Portfolio Manager	201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Cbre Investment Management Listed Real Assets Llc	other: Subadviser	555 EAST LANCASTER AVENUE, SUITE 120, RADNOR PA 19087
Alan R Latshaw	director	51 MADISON AVENUE, NEW YORK NY 10010
Yie-hsin Hung	director	30 HUDSON STREET, JERSEY CITY NJ 07302
Scott T Harrington	officer: Vice President-Administration	169 LACKAWANNA AVENUE, PARSIPPANY NJ 07054
Susan B Kerley	director	51 MADISON AVENUE, NEW YORK NY 10010