LEO (BNY Mellon Strategic Municipals,) Change In Receivables: $-8.72 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LEO BNY Mellon Strategic Municipals, Inc. LEO
30 GF Score
Price $6.30
! 5 Warning Signs
View Full Analysis

What is BNY Mellon Strategic Municipals, Change In Receivables?

BNY Mellon Strategic Municipals, LEO -0.32% 30 Change In Receivables is $-8.72 Mil as of Mar. 2026. GuruFocus rates LEO with a GF Score™ of 30/100. The stock has 5 warning signs investors should review.

BNY Mellon Strategic Municipals,'s change in receivables for the quarter that ended in Mar. 2026 was $-9.00 Mil. It means BNY Mellon Strategic Municipals,'s Accounts Receivable increased by $9.00 Mil from Sep. 2025 to Mar. 2026 .

BNY Mellon Strategic Municipals,'s change in receivables for the fiscal year that ended in Sep. 2025 was $0.07 Mil. It means BNY Mellon Strategic Municipals,'s Accounts Receivable declined by $0.07 Mil from Sep. 2024 to Sep. 2025 .

BNY Mellon Strategic Municipals,'s Accounts Receivable for the quarter that ended in Mar. 2026 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. BNY Mellon Strategic Municipals,'s Days Sales Outstanding for the six months ended in Mar. 2026 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. BNY Mellon Strategic Municipals,'s liquidation value for the six months ended in Mar. 2026 was $-228.31 Mil.

BNY Mellon Strategic Municipals,  (NYSE:LEO) 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.

BNY Mellon Strategic Municipals,'s Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/5.227*91
=0.00

2. In Ben Graham's calculation of liquidation value, BNY Mellon Strategic Municipals,'s accounts receivable are only considered to be worth 75% of book value:

BNY Mellon Strategic Municipals,'s liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.087-228.4+0.75 * 0+0.5 * 0
=-228.31

* 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.

BNY Mellon Strategic Municipals, Change In Receivables Related Terms

BNY Mellon Strategic Municipals, Change In Receivables Historical Data

* Premium members only.

The historical data trend for BNY Mellon Strategic Municipals,'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.

BNY Mellon Strategic Municipals, Change In Receivables Chart

BNY Mellon Strategic Municipals, Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only 0.94 0.37 -1.19 2.11 0.07

BNY Mellon Strategic Municipals, Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Change In Receivables 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 Premium Member Only Premium Member Only 0.30 1.80 -0.21 0.28 -9.00
LEO
30GF Score
BNY Mellon Strategic Municipals, Inc. LEO
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BNY Mellon Strategic Municipals, 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-8.72 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-8.72 Mil mean?
BNY Mellon Strategic Municipals, (LEO) has a Change In Receivables of $-8.72 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for BNY Mellon Strategic Municipals, and its competitors.
Is BNY Mellon Strategic Municipals,'s Change In Receivables too high?
BNY Mellon Strategic Municipals,'s current Change In Receivables is $-8.72 Mil. Overall, BNY Mellon Strategic Municipals, has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does BNY Mellon Strategic Municipals,'s Change In Receivables compare to SDHY and INV?
BNY Mellon Strategic Municipals,'s Change In Receivables of $-8.72 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 Change In Receivables for an Asset Management company?
A good Change In Receivables depends on the Asset Management industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for BNY Mellon Strategic Municipals, and its competitors. BNY Mellon Strategic Municipals,'s current Change In Receivables is $-8.72 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BNY Mellon Strategic Municipals, stock overvalued right now?
BNY Mellon Strategic Municipals, (LEO) has a current Change In Receivables of $-8.72 Mil. The current Change In Receivables is $-8.72 Mil. BNY Mellon Strategic Municipals,'s overall GF Score™ is 30/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For BNY Mellon Strategic Municipals, (LEO), the current Change In Receivables is $-8.72 Mil as of Mar. 2026. 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.

BNY Mellon Strategic Municipals, Business Description

Address c/o BNY Mellon Investment Adviser, Inc, 240 Greenwich Street, New York, NY, USA, 10286
BNY Mellon Strategic Municipals, Inc. is a diversified closed-end management investment company. The fund's investment objective is to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital. Its products include equity and fixed income mutual funds, retail money market funds, government/treasury money market funds, institutional money market funds, and others. The company and its affiliates, as well as others involved in the management, sales, investment activities, business operations, or distribution of the fund, are engaged in businesses and have interests other than those of managing the fund.
30GF Score

Get the complete analysis for LEO

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

$6.30
Price