NXG (Cushing NextGen Infrastructureome Fund) Change In Receivables : $-12.14 Mil (TTM As of Nov. 2024)

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What is Cushing NextGen Infrastructureome Fund Change In Receivables?

Cushing NextGen Infrastructureome Fund's change in receivables for the quarter that ended in Nov. 2024 was $-2.55 Mil. It means Cushing NextGen Infrastructureome Fund's Accounts Receivable increased by $2.55 Mil from May. 2024 to Nov. 2024 .

Cushing NextGen Infrastructureome Fund's change in receivables for the fiscal year that ended in Nov. 2024 was $-12.14 Mil. It means Cushing NextGen Infrastructureome Fund's Accounts Receivable increased by $12.14 Mil from Nov. 2023 to Nov. 2024 .

Cushing NextGen Infrastructureome Fund's Accounts Receivable for the quarter that ended in Nov. 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. Cushing NextGen Infrastructureome Fund's Days Sales Outstanding for the six months ended in Nov. 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. Cushing NextGen Infrastructureome Fund's liquidation value for the six months ended in Nov. 2024 was $-55.20 Mil.

Cushing NextGen Infrastructureome Fund Change In Receivables Historical Data

The historical data trend for Cushing NextGen Infrastructureome 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.

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Cushing NextGen Infrastructureome Fund Change In Receivables Chart

Cushing NextGen Infrastructureome Fund Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Change In Receivables

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0.75

-10.63

10.76

0.07

-12.14

Cushing NextGen Infrastructureome Fund Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24
Change In Receivables	Get a 7-Day Free Trial										1.93	-0.16	0.23	-9.59	-2.55

Cushing NextGen Infrastructureome 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 Nov. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-12.14 Mil.

Cushing NextGen Infrastructureome Fund (NYSE:NXG) 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.

Cushing NextGen Infrastructureome Fund's Days Sales Outstanding for the quarter that ended in Nov. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	42.191	*	91
=	0.00

2. In Ben Graham's calculation of liquidation value, Cushing NextGen Infrastructureome Fund's accounts receivable are only considered to be worth 75% of book value:

Cushing NextGen Infrastructureome Fund's liquidation value for the quarter that ended in Nov. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	55.199	+	0.75 * 0	+	0.5 * 0
=	-55.20

Cushing NextGen Infrastructureome Fund Change In Receivables Related Terms

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Cushing NextGen Infrastructureome Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Cushing NextGen Infrastructure Income Fund (NYSE:NXG) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

4925 Greenville Avenue, Suite 1310, Dallas, TX, USA, 75206

Website

https://www.nxgim.com/index.html

Cushing NextGen Infrastructure Income Fund is a closed-end investment management company. Its investment objective is to seek a high total return with a focus on current income. The Fund invests at least 80% of its net assets in a portfolio of equity and debt securities of infrastructure companies, including energy infrastructure companies, industrial infrastructure companies, sustainable infrastructure companies, and technology & communication infrastructure companies.

Executives

Todd Sunderland	other: Adviser COO	300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
John Alban	officer: CFO and Treasurer	THE CUSHING MLP TOTAL RETURN FUND, 3300 OAK LAWN AVENUE, SUITE 650, DALLAS TX 75219
Andrea Mullins	director	3060 PEACHTREE ROAD NW, SUITE 500, ATLANTA GA 30305
Jerry V Swank	officer: CEO and President, other: Trustee, Chairman of the Board	3300 OAK LAWN AVENUE, SUITE 650, DALLAS TX 75219
Blake Nelson	officer: Chief Financial Officer	8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225
Jeffrey A Engelsman	officer: Chief Compliance Officer	865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
Mark Rhodes	officer: President	300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Mathew Calabro	officer: Chief Compliance Officer	8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225
John M. Musgrave	other: Adviser Managing Partner	8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225
Hari Kusumakar	other: Portfolio Manager	300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Alex Palma	other: Portfolio Manager	300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Brenda A Cline	other: Trustee	5101 TENNYSON PARKWAY, PLANO TX 75024
Investors, Llp Bulldog	10 percent owner	PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Phillip Goldstein	10 percent owner	60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Steven Samuels	10 percent owner	72 COLEYTOWN ROAD, WESTPORT CT 06882