NCDL (Nuveen Churchill Direct Lending) Change In Receivables: $3.82 Mil (TTM As of Jun. 2026)

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NCDL Nuveen Churchill Direct Lending Corp NCDL
49 GF Score
Price $12.36
GF Value $10.82
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Nuveen Churchill Direct Lending Change In Receivables?

Nuveen Churchill Direct Lending NCDL +0.32% 49 Change In Receivables is $3.82 Mil as of Jun. 2026. GuruFocus rates NCDL with a GF Score™ of 49/100 and a GF Value™ of $10.82 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Nuveen Churchill Direct Lending's change in receivables for the quarter that ended in Jun. 2026 was $0.28 Mil. It means Nuveen Churchill Direct Lending's Accounts Receivable declined by $0.28 Mil from Mar. 2026 to Jun. 2026 .

Nuveen Churchill Direct Lending's change in receivables for the fiscal year that ended in Dec. 2025 was $4.75 Mil. It means Nuveen Churchill Direct Lending's Accounts Receivable declined by $4.75 Mil from Dec. 2024 to Dec. 2025 .

Nuveen Churchill Direct Lending's Accounts Receivable for the quarter that ended in Jun. 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. Nuveen Churchill Direct Lending's Days Sales Outstanding for the three months ended in Jun. 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. Nuveen Churchill Direct Lending's liquidation value for the three months ended in Jun. 2026 was $-1,093.22 Mil.


Nuveen Churchill Direct Lending  (NYSE:NCDL) 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.

Nuveen Churchill Direct Lending's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/5.669*91
=0.00

2. In Ben Graham's calculation of liquidation value, Nuveen Churchill Direct Lending's accounts receivable are only considered to be worth 75% of book value:

Nuveen Churchill Direct Lending's liquidation value for the quarter that ended in Jun. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=45.756-1138.98+0.75 * 0+0.5 * 0
=-1,093.22

* 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 Churchill Direct Lending Change In Receivables Related Terms


Nuveen Churchill Direct Lending Change In Receivables Historical Data

* Premium members only.

The historical data trend for Nuveen Churchill Direct Lending'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.

Nuveen Churchill Direct Lending Change In Receivables Chart

Nuveen Churchill Direct Lending Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial -7.23 -1.16 -7.83 2.60 4.75

Nuveen Churchill Direct Lending Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 19.12 1.42 2.47 -0.36 0.28
NCDL
49GF Score
Nuveen Churchill Direct Lending Corp NCDL
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen Churchill Direct Lending 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.82 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 $3.82 Mil mean?
Nuveen Churchill Direct Lending (NCDL) has a Change In Receivables of $3.82 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Nuveen Churchill Direct Lending and its competitors.
Is Nuveen Churchill Direct Lending's Change In Receivables too high?
Nuveen Churchill Direct Lending's current Change In Receivables is $3.82 Mil. Overall, Nuveen Churchill Direct Lending has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nuveen Churchill Direct Lending's Change In Receivables compare to LDP and MHD?
Nuveen Churchill Direct Lending's Change In Receivables of $3.82 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 Nuveen Churchill Direct Lending and its competitors. Nuveen Churchill Direct Lending's current Change In Receivables is $3.82 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Churchill Direct Lending stock overvalued right now?
Based on GuruFocus' analysis, Nuveen Churchill Direct Lending (NCDL) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.82, compared to a current price of $12.36 — trading 14.2% above its estimated fair value. The current Change In Receivables is $3.82 Mil. Nuveen Churchill Direct Lending's overall GF Score™ is 49/100 with 7 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 Nuveen Churchill Direct Lending (NCDL), the current Change In Receivables is $3.82 Mil as of Jun. 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.

Is Nuveen Churchill Direct Lending (NCDL) Overvalued in 2026?

Based on GuruFocus' analysis, Nuveen Churchill Direct Lending stock appears to be overvalued. The current stock price of $12.36 is trading 14.2% above its estimated GF Value™ of $10.82. GuruFocus considers Nuveen Churchill Direct Lending to be Modestly Overvalued.

Key valuation signals for NCDL:

  • Change In Receivables: $3.82 Mil
  • GF Value™: $10.82 vs. price of $12.36 (14.2% above fair value)
  • GF Score™: 49/100 with 7 warning signs

No single metric tells the full story. See the NCDL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nuveen Churchill Direct Lending Business Description

Other Exchanges O7A:Germany
Address 375 Park Avenue, 9th Floor, New York, NY, USA, 10152
Nuveen Churchill Direct Lending Corp is a specialty finance company focused predominantly on investing in senior secured loans to private equity-owned U.S. middle market companies. It is a closed-end, externally managed, non-diversified management investment company. The company's investment objective is to generate attractive risk-adjusted returns through current income by investing in senior secured loans to private equity-owned U.S. middle market companies. It invests in senior secured loans that typically pay floating interest rates and are senior in the capital structure to junior debt and equity.
49GF Score

Get the complete analysis for NCDL

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

$12.36
Price
$10.82
GF Value