BTA (Blackrock Long-term Municipal AdtgTrust) Accounts Receivable: $0.00 Mil (As of Jul. 2025)

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BTA Blackrock Long-term Municipal AdtgTrust BTA
18 GF Score
Price $24.97
! 3 Warning Signs
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What is Blackrock Long-term Municipal AdtgTrust Accounts Receivable?

Blackrock Long-term Municipal AdtgTrust BTA +0.72% 18 Accounts Receivable is $0.00 Mil as of Jul. 2025. GuruFocus rates BTA with a GF Score™ of 18/100. The stock has 3 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Blackrock Long-term Municipal AdtgTrust's accounts receivables for the quarter that ended in Jul. 2025 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Blackrock Long-term Municipal AdtgTrust's Net-Net Working Capital per share for the quarter that ended in Jul. 2025 was $-6.25.

Blackrock Long-term Municipal AdtgTrust 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.

Blackrock Long-term Municipal AdtgTrust's Days Sales Outstanding for the quarter that ended in Jul. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/-8.198*91
=

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Blackrock Long-term Municipal AdtgTrust's accounts receivable are only considered to be worth 75% of book value:

Blackrock Long-term Municipal AdtgTrust's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2025 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 * 0-83.955
-0-0)/13.440
=-6.25

* 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.

Blackrock Long-term Municipal AdtgTrust Accounts Receivable Related Terms

Blackrock Long-term Municipal AdtgTrust Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Blackrock Long-term Municipal AdtgTrust'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.

Blackrock Long-term Municipal AdtgTrust Accounts Receivable Chart

Blackrock Long-term Municipal AdtgTrust Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Jul23 Jul24 Jul25
Accounts Receivable
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Blackrock Long-term Municipal AdtgTrust Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
BTA
18GF Score
Blackrock Long-term Municipal AdtgTrust BTA
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Blackrock Long-term Municipal AdtgTrust Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $0.00 Mil mean?
Blackrock Long-term Municipal AdtgTrust (BTA) has a Accounts Receivable of $0.00 Mil as of Jul. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Blackrock Long-term Municipal AdtgTrust and its competitors.
Is Blackrock Long-term Municipal AdtgTrust's Accounts Receivable too high?
Blackrock Long-term Municipal AdtgTrust's current Accounts Receivable is $0.00 Mil. Overall, Blackrock Long-term Municipal AdtgTrust has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Blackrock Long-term Municipal AdtgTrust's Accounts Receivable compare to CIK and BGX?
Blackrock Long-term Municipal AdtgTrust's Accounts Receivable of $0.00 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for an Asset Management company?
A good Accounts Receivable depends on the Asset Management industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Blackrock Long-term Municipal AdtgTrust and its competitors. Blackrock Long-term Municipal AdtgTrust's current Accounts Receivable is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Long-term Municipal AdtgTrust stock overvalued right now?
Blackrock Long-term Municipal AdtgTrust (BTA) has a current Accounts Receivable of $0.00 Mil. The current Accounts Receivable is $0.00 Mil. Blackrock Long-term Municipal AdtgTrust's overall GF Score™ is 18/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Blackrock Long-term Municipal AdtgTrust (BTA), the current Accounts Receivable is $0.00 Mil as of Jul. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Blackrock Long-term Municipal AdtgTrust Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Long-term Municipal AdtgTrust is a diversified closed-end investment trust. Its investment objective is to provide current income exempt from regular U.S. federal income tax. The fund, under normal market conditions, invests a majority of its managed assets in municipal obligations and derivative instruments with exposure to such municipal obligations, in each case that are expected to pay interest or income that is exempt from U.S. federal income tax. Its investment portfolio comprises dollar-weighted, long-term municipal bonds with a maturity of more than ten years at the time of investment. The fund's investments have exposure to various sectors such as Corporate, Health, County/City/Special District/School District, Transportation, Education, Utilities, State, Tobacco, etc.
18GF Score

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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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