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BlackRock MuniHoldings California Quality Fund (BlackRock MuniHoldings California Quality Fund) Accounts Receivable : $0.00 Mil (As of Jan. 2024)


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What is BlackRock MuniHoldings California Quality Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BlackRock MuniHoldings California Quality Fund's accounts receivables for the quarter that ended in Jan. 2024 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. BlackRock MuniHoldings California Quality Fund's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. BlackRock MuniHoldings California Quality Fund's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-7.23.


BlackRock MuniHoldings California Quality Fund Accounts Receivable Historical Data

The historical data trend for BlackRock MuniHoldings California Quality Fund's Accounts Receivable 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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BlackRock MuniHoldings California Quality Fund Accounts Receivable Chart

BlackRock MuniHoldings California Quality Fund Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Accounts Receivable
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BlackRock MuniHoldings California Quality Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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BlackRock MuniHoldings California Quality Fund Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


BlackRock MuniHoldings California Quality Fund Accounts Receivable 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 receivables are being managed.

BlackRock MuniHoldings California Quality Fund's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/25.163*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), BlackRock MuniHoldings California Quality Fund's accounts receivable are only considered to be worth 75% of book value:

BlackRock MuniHoldings California Quality Fund's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-680.921
-0-0)/94.1839
=-7.23

* 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

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


BlackRock MuniHoldings California Quality Fund Accounts Receivable Related Terms

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BlackRock MuniHoldings California Quality Fund (BlackRock MuniHoldings California Quality Fund) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock MuniHoldings California Quality Fund Inc is a diversified, closed-end management investment firm. Its investment objective is to provide shareholders with current income exempt from U.S. federal income taxes and California personal income taxes.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Walter Oconnor other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
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
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055

BlackRock MuniHoldings California Quality Fund (BlackRock MuniHoldings California Quality Fund) Headlines

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