Neuberger Berman Next Generation Connectivity Fund (Neuberger Berman Next Generation Connectivity Fund) Accounts Receivable : $0.0 Mil (As of Oct. 2023)

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What is Neuberger Berman Next Generation Connectivity Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Neuberger Berman Next Generation Connectivity Fund's accounts receivables for the quarter that ended in Oct. 2023 was $0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Neuberger Berman Next Generation Connectivity Fund's Days Sales Outstanding for the quarter that ended in Oct. 2023 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. Neuberger Berman Next Generation Connectivity Fund's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was $-0.12.

Neuberger Berman Next Generation Connectivity Fund Accounts Receivable Historical Data

The historical data trend for Neuberger Berman Next Generation Connectivity 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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Neuberger Berman Next Generation Connectivity Fund Accounts Receivable Chart

Neuberger Berman Next Generation Connectivity Fund Annual Data

Trend

Oct21

Oct22

Oct23

Accounts Receivable

Neuberger Berman Next Generation Connectivity Fund Semi-Annual Data
	Apr22	Oct22	Apr23	Oct23
Accounts Receivable	-	-	-	-

Neuberger Berman Next Generation Connectivity Fund Accounts Receivable Calculation

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

Neuberger Berman Next Generation Connectivity 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.

Neuberger Berman Next Generation Connectivity Fund's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	39.033	*	91
=	0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Neuberger Berman Next Generation Connectivity Fund's accounts receivable are only considered to be worth 75% of book value:

Neuberger Berman Next Generation Connectivity Fund's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2023 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)
=	(0.604	+	0.75 * 0	+	0.5 * 0	-	9.67
-	0	-	0)	/	78.7615
=	-0.12

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.

Neuberger Berman Next Generation Connectivity Fund Accounts Receivable Related Terms

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Neuberger Berman Next Generation Connectivity Fund (Neuberger Berman Next Generation Connectivity Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1290 Avenue of the Americas, New York, NY, USA, 10104-0002

Website

https://www.nb.com

Neuberger Berman Next Generation Connectivity Fund Inc. is a non-diversified, closed-end management investment company. The fund's investment objectives are to provide capital appreciation and income.

Executives

Franklyn E. Smith	director	C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Ami Kaplan	director	C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Martha Clark Goss	director	C/O OCWEN FINANCIAL CORPORATION, 1661 WORTHINGTON RD, SUITE 100, WEST PALM BEACH FL 33409
Michael M Knetter	director	C/O LEHMAN BROTHERS INC, 399 PARK AVENUE, NEW YORK NY 10022
Hari Ramanan	other: Portfolio Manager	C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Timothy Creedon	other: Portfolio Manager	C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Yan Taw Boon	other: Portfolio Manager	C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Candace L Straight	director	C/O MONTPELIER RE HOLDINGS LTD., 94 PITTS BAY ROAD, PEMBROKE D0 HM 08
Peter P Trapp	director	C/O NEUBERGER BERMAN MANAGEMENT INC, 605 THIRD AVENUE 2ND FLOOR, NEW YORK NY 10158-0180
Neuberger Berman Investment Advisers Llc	other: Investment Adv	1290 AVENUE OF THE AMERICAS, 26TH FLOOR, NEW YORK NY 10104
Tom D Seip	director	PO BOX 9280, WALNUT CREEK CA 94598
John M Mcgovern	officer: Treasurer	605 THIRD AVE, NEW YORK NY 10158-3698
George W Morriss	director	C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Joseph V Amato	director	605 THIRD AVENUE, NEW YORK NY 10158-3698
Claudia A. Brandon	officer: Executive Vice President	605 THIRD AVENUE, NEW YORK NY 10158-3698