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Nuveen Churchill Direct Lending (Nuveen Churchill Direct Lending) Change In Receivables : $5.10 Mil (TTM As of Mar. 2024)


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What is Nuveen Churchill Direct Lending Change In Receivables?

Nuveen Churchill Direct Lending's change in receivables for the quarter that ended in Mar. 2024 was $5.10 Mil. It means Nuveen Churchill Direct Lending's Accounts Receivable declined by $5.10 Mil from Dec. 2023 to Mar. 2024 .

Nuveen Churchill Direct Lending's change in receivables for the fiscal year that ended in Dec. 2023 was $-7.83 Mil. It means Nuveen Churchill Direct Lending's Accounts Receivable increased by $7.83 Mil from Dec. 2022 to Dec. 2023 .

Nuveen Churchill Direct Lending's Accounts Receivable for the quarter that ended in Mar. 2024 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 Mar. 2024 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 Mar. 2024 was $-813.11 Mil.

Nuveen Churchill Direct Lending Change In Receivables Historical Data

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.

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Nuveen Churchill Direct Lending Change In Receivables Chart

Nuveen Churchill Direct Lending Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Receivables
0.74 -7.23 -1.16 -7.83

Nuveen Churchill Direct Lending Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial - 0.28 - - 5.10

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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.10 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.

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 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 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 Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=64.146-877.254+0.75 * 0+0.5 * 0
=-813.11

* 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

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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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