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Nuveen Churchill Direct Lending (Nuveen Churchill Direct Lending) Accounts Receivable : $0.00 Mil (As of Mar. 2024)


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What is Nuveen Churchill Direct Lending Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nuveen Churchill Direct Lending's accounts receivables for the quarter that ended in Mar. 2024 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nuveen Churchill Direct Lending's Days Sales Outstanding for the quarter that ended in Mar. 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 Churchill Direct Lending's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-14.83.

Nuveen Churchill Direct Lending Accounts Receivable Historical Data

The historical data trend for Nuveen Churchill Direct Lending'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.

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Nuveen Churchill Direct Lending Accounts Receivable Chart

Nuveen Churchill Direct Lending Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
- - - -

Nuveen Churchill Direct Lending Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial - - - - -

Nuveen Churchill Direct Lending Accounts Receivable Calculation

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

Nuveen Churchill Direct Lending 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 Churchill Direct Lending's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/23.306*91
=0.00

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

Nuveen Churchill Direct Lending's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(64.146+0.75 * 0+0.5 * 0-877.254
-0-0)/54.8157
=-14.83

* 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 Churchill Direct Lending Accounts Receivable Related Terms

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Nuveen Churchill Direct Lending (Nuveen Churchill Direct Lending) Business Description

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Nuveen Churchill Direct Lending Corp is a specialty finance company focused primarily on investing in senior secured loans to private equity-owned U.S. middle market companies. It invest in senior secured loans that typically pay floating interest rates and are senior in the capital structure to junior debt and equity.

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