Nuveen MI Qualityome Muni Fund (Nuveen MI Qualityome Muni Fund) Change In Receivables : $-0.05 Mil (TTM As of Aug. 2020)

View and export this data going back to 1991. Start your Free Trial

What is Nuveen MI Qualityome Muni Fund Change In Receivables?

Nuveen MI Qualityome Muni Fund's change in receivables for the quarter that ended in Aug. 2020 was $-0.01 Mil. It means Nuveen MI Qualityome Muni Fund's Accounts Receivable increased by $0.01 Mil from Feb. 2020 to Aug. 2020 .

Nuveen MI Qualityome Muni Fund's change in receivables for the fiscal year that ended in Feb. 2020 was $0.07 Mil. It means Nuveen MI Qualityome Muni Fund's Accounts Receivable declined by $0.07 Mil from Feb. 2019 to Feb. 2020 .

Nuveen MI Qualityome Muni Fund's Accounts Receivable for the quarter that ended in Aug. 2020 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nuveen MI Qualityome Muni Fund's liquidation value for the six months ended in Aug. 2020 was $-218.30 Mil.

Nuveen MI Qualityome Muni Fund Change In Receivables Historical Data

The historical data trend for Nuveen MI Qualityome Muni Fund'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.

* Premium members only.

Nuveen MI Qualityome Muni Fund Change In Receivables Chart

Nuveen MI Qualityome Muni Fund Annual Data

Trend

Feb11

Feb12

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Change In Receivables

Get a 7-Day Free Trial

-0.18

-1.28

1.13

0.21

0.07

Nuveen MI Qualityome Muni Fund Semi-Annual Data
	Feb11	Aug11	Feb12	Aug12	Feb13	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20
Change In Receivables	Get a 7-Day Free Trial															0.21	-	0.11	-0.04	-0.01

Nuveen MI Qualityome Muni Fund 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 Aug. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.05 Mil.

Nuveen MI Qualityome Muni Fund (NYSE:NUM) 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 MI Qualityome Muni Fund's Days Sales Outstanding for the quarter that ended in Aug. 2020 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	-0.328	*	91
=

2. In Ben Graham's calculation of liquidation value, Nuveen MI Qualityome Muni Fund's accounts receivable are only considered to be worth 75% of book value:

Nuveen MI Qualityome Muni Fund's liquidation value for the quarter that ended in Aug. 2020 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5.092	-	223.393	+	0.75 * 0	+	0.5 * 0
=	-218.30

Nuveen MI Qualityome Muni Fund Change In Receivables Related Terms

Thank you for viewing the detailed overview of Nuveen MI Qualityome Muni Fund's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Nuveen MI Qualityome Muni Fund (Nuveen MI Qualityome Muni Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen MI Quality Income Muni Fund Inc (NYSE:NUM) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 West Wacker Drive, Chicago, IL, USA, 60606

Website

https://www.nuveen.com

Nuveen MI Quality Income Muni Fund Inc is a closed-end investment company. The fund's investment objective is to provide current income exempt from both regular federal and designated state income taxes by investing primarily in a portfolio of municipal obligations issued by state and local government authorities within a single state or certain U.S. territories. The company's portfolio of investments includes Consumer Staples, Education, and Civic Organizations, Health Care, Transportation, Utilities, and others.

Executives

Deann Morgan	officer: Vice President	TWO WORLD FINANCIAL CENTER, 7TH FLOOR, NEW YORK NY 10281
Jon Scott Meissner	officer: Vice President	333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Brian J Lockhart	officer: Vice President	333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Jacques M Longerstaey	officer: Vice President	333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
E. Scott Wickerham	officer: Vice President	C/O NUVEEN, STE 3400, CHICAGO IL 60606
Wells Fargo Municipal Capital Strategies, Llc	10 percent owner	375 PARK AVENUE, NEW YORK NY 10152
Wells Fargo & Company/mn	10 percent owner	420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Wells Fargo Bank N A	10 percent owner	101 NORTH PHILLIPS AVENUE, SIOUX FALLS SD 57104
Demark L Winget	officer: Vice President	C/O NUVEEN INVESTMENTS, 333 W WACKER DRIVE, CHICAGO IL 60606
William T. Meyers	officer: Vice President	C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Stephen Candido	other: Portfolio Manager	C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Michael A Perry	officer: Vice President	101 PARK AVENUE, SUITE 1400, OKLAHOMA CITY OK 73102
Timothy T Ryan	other: Portfolio Manager	C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
William A Siffermann	officer: Vice President	C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Young L Robert	other: Trustee	1111 POLARIS PARKWAY, COLUMBUS OH 43240

Nuveen MI Qualityome Muni Fund (Nuveen MI Qualityome Muni Fund) Headlines

From GuruFocus

Nuveen Closed-End Fund Reorganization Complete

By Business Wire Business Wire • 02-08-2021

Nuveen Closed-End Funds Declare Pre-Merger Distributions

By Business Wire Business Wire • 01-27-2021

Shareholders Approve Nuveen Closed-End Fund Reorganization

By Business Wire Business Wire • 01-16-2021