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Picturing new coat and miss winding down (7,2,1,5)

Ross

I believe the answer is:

drawing to a close

I'm a little stuck... Click here to teach me more about this clue!

'winding down' is the definition.
I don't know anything about this answer so I cannot judge whether it can be defined by this definition.

'picturing new coat and miss' is the wordplay.
I cannot quite understand how this works, but
'new' could be 'raw' (I've seen this in other clues) and 'raw' is located in the answer.
an anagram of 'coat' is 'toac' which is present in the answer.
'and' could be 'n' (common abbreviation for 'and') and 'n' is found in the answer.
'miss' could be 'lose' (I've seen this in other clues) and 'lose' is found in the answer.
The remaining letters 'dig' is a valid word which might be clued in a way I don't understand.
This may be the basis of the clue (or it may be nonsense).

Can you help me to learn more?

I've seen this clue in the Sydney Morning Herald.
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