Neuberger Berman High Yield Strategies Fund (Neuberger Berman High Yield Strategies Fund) Change In Receivables : $-3.18 Mil (TTM As of Oct. 2023)

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What is Neuberger Berman High Yield Strategies Fund Change In Receivables?

Neuberger Berman High Yield Strategies Fund's change in receivables for the quarter that ended in Oct. 2023 was $0.33 Mil. It means Neuberger Berman High Yield Strategies Fund's Accounts Receivable declined by $0.33 Mil from Apr. 2023 to Oct. 2023 .

Neuberger Berman High Yield Strategies Fund's change in receivables for the fiscal year that ended in Oct. 2023 was $-3.18 Mil. It means Neuberger Berman High Yield Strategies Fund's Accounts Receivable increased by $3.18 Mil from Oct. 2022 to Oct. 2023 .

Neuberger Berman High Yield Strategies Fund's Accounts Receivable for the quarter that ended in Oct. 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. Neuberger Berman High Yield Strategies Fund's liquidation value for the six months ended in Oct. 2023 was $-109.48 Mil.

Neuberger Berman High Yield Strategies Fund Change In Receivables Historical Data

The historical data trend for Neuberger Berman High Yield Strategies 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.

Neuberger Berman High Yield Strategies Fund Change In Receivables Chart

Neuberger Berman High Yield Strategies Fund Annual Data

Trend

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Change In Receivables

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-3.88

5.34

1.69

-0.73

-3.18

Neuberger Berman High Yield Strategies Fund Semi-Annual Data
	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Change In Receivables	Get a 7-Day Free Trial											1.07	0.15	-0.88	-3.51	0.33

Neuberger Berman High Yield Strategies 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 Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-3.18 Mil.

Neuberger Berman High Yield Strategies Fund (AMEX:NHS) 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.

Neuberger Berman High Yield Strategies Fund's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	-1.591	*	91
=

2. In Ben Graham's calculation of liquidation value, Neuberger Berman High Yield Strategies Fund's accounts receivable are only considered to be worth 75% of book value:

Neuberger Berman High Yield Strategies Fund's liquidation value for the quarter that ended in Oct. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	109.479	+	0.75 * 0	+	0.5 * 0
=	-109.48

Neuberger Berman High Yield Strategies Fund Change In Receivables Related Terms

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Neuberger Berman High Yield Strategies Fund (Neuberger Berman High Yield Strategies Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Neuberger Berman High Yield Strategies Fund (AMEX:NHS) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1290 Avenue of the Americas, New York, NY, USA, 10104-0002

Website

https://www.nb.com

Neuberger Berman High Yield Strategies Fund is closed-end management investment company. It seeks to achieve its investment objective by investing, under normal market conditions, a majority of its total assets in high yield debt securities of U.S. and foreign issuers.

Executives

Bank Of America Corp /de/	10 percent owner	BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Bank Of America Na	10 percent owner	100 N. TRYON STREET, CHARLOTTE NC 28255
Metlife Investment Management, Llc	10 percent owner	ONE METLIFE WAY, WHIPPANY NJ 07981
Franklyn E. Smith	director	C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Ami Kaplan	director	C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Joseph Lind	other: Portfolio Manager	1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Chris Kocinski	other: Co-Portfolio Manager	190 SOUTH LASALLE STREET, NEUBERGER BERMAN INVESTMENT ADVISERS, CHICAGO IL 60603
Boaz Weinstein	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Bradley Tank	other: CIO of Adviser	C/O LEHMAN BROTHERS ASSET MANAGEMENT, 190 SOUTH LASALLE STREET, CHICAGO IL 60603-3421
Faith Colish	director	C/O NEUBERGER BERMAN MANAGEMENT INC, 605 THIRD AVE, NEW YORK NY 10158-0180
Thomas P Oreilly	other: Portfolio Manager	200 S WACKER DRIVE STE 2100, C/O LINCOLN CAPITAL FIXED INCOME, CHICAGO IL 60606
Patrick Houlihan Flynn	other: Portfolio Manager	C/O NEUBERGERF BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
Deborah C. Mclean	director	C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
James G. Stavridis	director	C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180