NAC (Nuveen California Quality Municipalome Fund) Inventory Turnover: (As of Feb. 2026)

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NAC Nuveen California Quality Municipal Income Fund NAC
48 GF Score
Price $10.53
GF Value $33.69
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Nuveen California Quality Municipalome Fund Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Nuveen California Quality Municipalome Fund's Cost of Goods Sold for the six months ended in Feb. 2026 was $8.5 Mil. Nuveen California Quality Municipalome Fund's Average Total Inventories for the quarter that ended in Feb. 2026 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nuveen California Quality Municipalome Fund's Days Inventory for the six months ended in Feb. 2026 was 0.00.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Nuveen California Quality Municipalome Fund's Inventory-to-Revenue for the quarter that ended in Feb. 2026 was 0.00.

Nuveen California Quality Municipalome Fund  (NYSE:NAC) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Nuveen California Quality Municipalome Fund's Days Inventory for the six months ended in Feb. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2026 )/Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=0/8.531834*365 / 2
=0.00

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Nuveen California Quality Municipalome Fund's Inventory to Revenue for the quarter that ended in Feb. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=0 / 67.223385
=0.00

* 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.

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Nuveen California Quality Municipalome Fund Inventory Turnover Related Terms

Nuveen California Quality Municipalome Fund Inventory Turnover Historical Data

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The historical data trend for Nuveen California Quality Municipalome Fund's Inventory Turnover 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 California Quality Municipalome Fund Inventory Turnover Chart

Nuveen California Quality Municipalome Fund Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Aug24 Aug25
Inventory Turnover
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Nuveen California Quality Municipalome Fund Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Feb24 Aug24 Feb25 Aug25 Feb26
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NAC
48GF Score
Nuveen California Quality Municipal Income Fund NAC
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen California Quality Municipalome Fund Inventory Turnover Calculation

Nuveen California Quality Municipalome Fund's Inventory Turnover for the fiscal year that ended in Aug. 2025 is calculated as

Inventory Turnover (A: Aug. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Aug. 2025 ) / ((Total Inventories (A: Aug. 2024 ) + Total Inventories (A: Aug. 2025 )) / count )
=17.047584 / ((0 + 0) / 1 )
=17.047584 / 0
=N/A

Nuveen California Quality Municipalome Fund's Inventory Turnover for the quarter that ended in Feb. 2026 is calculated as

Inventory Turnover (Q: Feb. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2026 ) / ((Total Inventories (Q: Aug. 2025 ) + Total Inventories (Q: Feb. 2026 )) / count )
=8.531834 / ((0 + 0) / 1 )
=8.531834 / 0
=N/A

* 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.

Is Nuveen California Quality Municipalome Fund (NAC) Overvalued in 2026?

Based on GuruFocus' analysis, Nuveen California Quality Municipalome Fund stock appears to be undervalued. The current stock price of $10.53 is trading 68.7% below its estimated GF Value™ of $33.69. GuruFocus considers Nuveen California Quality Municipalome Fund to be Significantly Undervalued.

Key valuation signals for NAC:

  • Inventory Turnover:
  • GF Value™: $33.69 vs. price of $10.53 (68.7% below fair value)
  • GF Score™: 48/100 with 3 warning signs

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

Nuveen California Quality Municipalome Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen California Quality Municipal Income Fund is a closed-end fixed income mutual fund that prominently invests in tax-exempt municipal bonds from California. The Fund's primary investment objective is current income exempt from both regular federal income taxes and Arizona individual income taxes. Its portfolio mainly includes investment-grade municipal securities of California. The fund targets various sectors such as healthcare, utilities, transportation, and consumer staples.
48GF Score

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

$10.53
Price
$33.69
GF Value