Minnesota Municipal Income Portfolio (MXA)

17.08 +0.01  +0.06%  May 29, 8:00PM Go Pro
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Minnesota Municipal Income Portfolio Receivables Turnover

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About Receivables Turnover Ratio

The receivable turnover ratio quantifies a company's ability to collect liabilities/debts. It helps investors gauge the efficiency of a company's collection and credit policies.

A high ratio value indicates an efficient and effective credit policy, and a low ratio indicates a debt collection problem.

The way to read the receivables turnover ratio is as follows. Assume that a company has a receivables turnover ratio of 10. We say that "the company turns over its receivables 10 times during the year." In other words, on average the company collects its outstanding receivables 10 times per year.
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MXA News

10 Best Municipal Bond Funds for 2012
Nov 22, 7:00AM TheStreet

Recent Quotes

Symbol Price Chg Chg % Market Cap
MXA 17.08 +0.01 +0.06%
MWW 8.65 -0.06 -0.69% 1.072B
MWIV 93.77 -0.63 -0.67% 1.201B
MOVED 8.29 +0.22 +2.73%
MOVE 8.03 -0.26 -3.14% 326.96M
MOV 28.45 -0.34 -1.18% 525.99M
MOTR 0.6551 -0.07 -9.03% 33.25M
MOSY 3.01 -0.01 -0.33% 116.87M
MOS 47.92 -1.54 -3.11% 21.04B
MORT 25.24 -0.17 -0.67%
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