GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Core Equity Alpha Fund (NYSE:JCE) » Definitions » Accounts Receivable

Nuveen Core Equity Alpha Fund (Nuveen Core Equity Alpha Fund) Accounts Receivable : $0.00 Mil (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Nuveen Core Equity Alpha Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nuveen Core Equity Alpha Fund's accounts receivables for the quarter that ended in Dec. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nuveen Core Equity Alpha Fund's Days Sales Outstanding for the quarter that ended in Dec. 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 Core Equity Alpha Fund's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.05.


Nuveen Core Equity Alpha Fund Accounts Receivable Historical Data

The historical data trend for Nuveen Core Equity Alpha 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.

* Premium members only.

Nuveen Core Equity Alpha Fund Accounts Receivable Chart

Nuveen Core Equity Alpha Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial - - - - -

Nuveen Core Equity Alpha Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Nuveen Core Equity Alpha Fund Accounts Receivable Calculation

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


Nuveen Core Equity Alpha 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 Core Equity Alpha Fund's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/11.468*91
=0.00

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

Nuveen Core Equity Alpha Fund's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(0+0.75 * 0+0.5 * 0-0.805
-0-0)/16.0842
=-0.05

* 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 Core Equity Alpha Fund Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Nuveen Core Equity Alpha Fund's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen Core Equity Alpha Fund (Nuveen Core Equity Alpha Fund) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Core Equity Alpha Fund is a diversified closed-end management investment company. Its investment objective is to provide an attractive level of total return, through long-term capital appreciation and through income and gains. The Fund invests in a portfolio of actively managed large-capitalization U.S. common stocks, using the sub-adviser's proprietary quantitative process designed to provide the potential for long-term outperformance.
Executives
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
Joanne Medero other: Trustee 333 W. 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
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Pei Hsiang Chen other: Portfolio Manager 333 W. WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Maxim Kozlov other: Portfolio Manager 333 W. WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
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
Jody I Hrazanek other: Portfolio Manager 230 PARK AVENUE, NEW YORK NY 10169
Huffman William T. Jr. officer: President of NAM, LLC C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, STE. 3300, CHICAGO IL 60606

Nuveen Core Equity Alpha Fund (Nuveen Core Equity Alpha Fund) Headlines

From GuruFocus

Nuveen Core Equity Alpha Fund Declares Distribution

By Business Wire Business Wire 10-08-2021

Nuveen Core Equity Alpha Fund Announces Update

By Business Wire Business Wire 06-27-2020