GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Dynamic Municipal Opportunities (NYSE:NDMO) » Definitions » Accounts Receivable

Nuveen Dynamic Municipal Opportunities (Nuveen Dynamic Municipal Opportunities) Accounts Receivable : $0.00 Mil (As of Oct. 2023)


View and export this data going back to 1990. Start your Free Trial

What is Nuveen Dynamic Municipal Opportunities Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nuveen Dynamic Municipal Opportunities's accounts receivables for the quarter that ended in Oct. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Nuveen Dynamic Municipal Opportunities's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was $-4.64.


Nuveen Dynamic Municipal Opportunities Accounts Receivable Historical Data

The historical data trend for Nuveen Dynamic Municipal Opportunities'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.

* Premium members only.

Nuveen Dynamic Municipal Opportunities Accounts Receivable Chart

Nuveen Dynamic Municipal Opportunities Annual Data
Trend Oct20 Oct21 Oct22 Oct23
Accounts Receivable
- - - -

Nuveen Dynamic Municipal Opportunities Semi-Annual Data
Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Accounts Receivable Get a 7-Day Free Trial - - - - -

Nuveen Dynamic Municipal Opportunities Accounts Receivable Calculation

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


Nuveen Dynamic Municipal Opportunities 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.

Nuveen Dynamic Municipal Opportunities'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/-51.17*91
=

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Nuveen Dynamic Municipal Opportunities's accounts receivable are only considered to be worth 75% of book value:

Nuveen Dynamic Municipal Opportunities'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)
=(0.981+0.75 * 0+0.5 * 0-277.607
-0-0)/59.5622
=-4.64

* 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.


Nuveen Dynamic Municipal Opportunities Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Nuveen Dynamic Municipal Opportunities's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Nuveen Dynamic Municipal Opportunities (Nuveen Dynamic Municipal Opportunities) Business Description

Traded in Other Exchanges
N/A
Address
333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Dynamic Municipal Opportunities is a closed-end management investment company. The investment objective of the Fund is to seek total return through income exempt from regular federal income taxes and capital appreciation.
Executives
Trey Iii Stenersen officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Toronto Dominion Investments, Inc. 10 percent owner 909 FANIN, SUITE 1950, HOUSTON TX 77010
Toronto Dominion Holdings Usa Inc 10 percent owner 40 WALL STREET, NEW YORK NY 10003
Dominion Bank Toronto 10 percent owner 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
Td Group Us Holdings Llc 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Brett Black officer: Chief Compliance Officer 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
John M. Mccann officer: Vice President 333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Joanne Medero other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Lancellotta Amy B.r. other: Trustee 333 W. WACKER DRIVE, C/O NUVEEN, STE 3400, CHICAGO IL 60606
Matthew Iii Thornton other: Trustee 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Michael S. Hamilton other: Portfolio Manager C/O NUVEEN INVESTMENTS, 333 W. WACKER DRIVE, CHICAGO IL 60606
Christopher L Drahn other: Portfolio Manager 800 NICOLLET MALL, MAIL STOP BC-MN-H21C, MINNEAPOLIS MN 55402
Judith M Stockdale other: Trustee 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Paul L Brennan other: Portfolio Manager 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Gifford R Zimmerman officer: Vice President & Secretary 333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606

Nuveen Dynamic Municipal Opportunities (Nuveen Dynamic Municipal Opportunities) Headlines

From GuruFocus

Three Nuveen Closed-End Funds Announce Availability of 19(a) Notices

By Business Wire Business Wire 05-31-2022

Three Nuveen Closed-End Funds Announce Availability of 19(a) Notices

By Business Wire Business Wire 11-30-2021

Three Nuveen Closed-End Funds Announce Availability of 19(a) Notices

By Business Wire Business Wire 07-29-2022

Three Nuveen Closed-End Funds Announce Availability of 19(a) Notices

By Business Wire Business Wire 08-31-2022

Three Nuveen Closed-End Funds Announce Availability of 19(a) Notices

By Business Wire Business Wire 10-31-2022

Three Nuveen Closed-End Funds Announce Availability of 19(a) Notices

By Business Wire Business Wire 11-30-2022

Three Nuveen Closed-End Funds Announce Availability of 19(a) Notices

By Business Wire Business Wire 04-29-2022

Three Nuveen Closed-End Funds Announce Availability of 19(a) Notices

By Business Wire Business Wire 01-31-2022