Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nuveen Credit Strategiesome Fund's accounts receivables for the quarter that ended in Jan. 2024 was $0.00 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Nuveen Credit Strategiesome Fund's Days Sales Outstanding for the quarter that ended in Jan. 2024 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 Credit Strategiesome Fund's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-3.97.
Nuveen Credit Strategiesome Fund Accounts Receivable Historical Data
The historical data trend for Nuveen Credit Strategiesome 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.
Nuveen Credit Strategiesome Fund Accounts Receivable Calculation
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
Nuveen Credit Strategiesome 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 Credit Strategiesome Fund's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Nuveen Credit Strategiesome Fund's accounts receivable are only considered to be worth 75% of book value:
Nuveen Credit Strategiesome Fund's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is calculated as:
* 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 Credit Strategiesome Fund Accounts Receivable Related Terms
Thank you for viewing the detailed overview of Nuveen Credit Strategiesome Fund's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Nuveen Credit Strategiesome Fund (Nuveen Credit Strategiesome Fund) Business Description
Nuveen Credit Strategies Income Fund is a diversified closed-end management investment company. Its investment objective is to provide high current income and total return. The fund meets its investment objectives by investing its managed assets in senior secured and second lien loans, and its managed assets across the capital structure of companies (including equity securities) with a primary emphasis on high yield bonds, convertible securities and other forms of income-producing securities.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
JQC has been successfully added to your 