FCT (First Trust Senior Floating Rateome Fund II) Accounts Receivable: $0.00 Mil (As of Nov. 2025)

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FCT First Trust Senior Floating Rate Income Fund II FCT
24 GF Score
Price $9.65
! 7 Warning Signs
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What is First Trust Senior Floating Rateome Fund II Accounts Receivable?

First Trust Senior Floating Rateome Fund II FCT -0.10% 24 Accounts Receivable is $0.00 Mil as of Nov. 2025. GuruFocus rates FCT with a GF Score™ of 24/100. The stock has 7 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. First Trust Senior Floating Rateome Fund II's accounts receivables for the quarter that ended in Nov. 2025 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. First Trust Senior Floating Rateome Fund II's Days Sales Outstanding for the quarter that ended in Nov. 2025 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. First Trust Senior Floating Rateome Fund II's Net-Net Working Capital per share for the quarter that ended in Nov. 2025 was $-2.27.

First Trust Senior Floating Rateome Fund II 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.

First Trust Senior Floating Rateome Fund II's Days Sales Outstanding for the quarter that ended in Nov. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/9.605*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), First Trust Senior Floating Rateome Fund II's accounts receivable are only considered to be worth 75% of book value:

First Trust Senior Floating Rateome Fund II's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2025 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)
=(0.105+0.75 * 0+0.5 * 0-59.028
-0-0)/25.983
=-2.27

* 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.

First Trust Senior Floating Rateome Fund II Accounts Receivable Related Terms

First Trust Senior Floating Rateome Fund II Accounts Receivable Historical Data

* Premium members only.

The historical data trend for First Trust Senior Floating Rateome Fund II'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.

First Trust Senior Floating Rateome Fund II Accounts Receivable Chart

First Trust Senior Floating Rateome Fund II Annual Data
Trend May18 May19 May20 May21 May22 May23 May24 May25
Accounts Receivable
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

First Trust Senior Floating Rateome Fund II Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
FCT
24GF Score
First Trust Senior Floating Rate Income Fund II FCT
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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First Trust Senior Floating Rateome Fund II Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $0.00 Mil mean?
First Trust Senior Floating Rateome Fund II (FCT) has a Accounts Receivable of $0.00 Mil as of Nov. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on First Trust Senior Floating Rateome Fund II and its competitors.
Is First Trust Senior Floating Rateome Fund II's Accounts Receivable too high?
First Trust Senior Floating Rateome Fund II's current Accounts Receivable is $0.00 Mil. Overall, First Trust Senior Floating Rateome Fund II has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does First Trust Senior Floating Rateome Fund II's Accounts Receivable compare to NUW and JRS?
First Trust Senior Floating Rateome Fund II's Accounts Receivable of $0.00 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for an Asset Management company?
A good Accounts Receivable depends on the Asset Management industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on First Trust Senior Floating Rateome Fund II and its competitors. First Trust Senior Floating Rateome Fund II's current Accounts Receivable is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Trust Senior Floating Rateome Fund II stock overvalued right now?
First Trust Senior Floating Rateome Fund II (FCT) has a current Accounts Receivable of $0.00 Mil. The current Accounts Receivable is $0.00 Mil. First Trust Senior Floating Rateome Fund II's overall GF Score™ is 24/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For First Trust Senior Floating Rateome Fund II (FCT), the current Accounts Receivable is $0.00 Mil as of Nov. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

First Trust Senior Floating Rateome Fund II Business Description

Address 120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust Senior Floating Rate Income Fund II is a United States-based diversified, closed-end management investment company. Its investment objective is to seek a high level of current income. As a secondary objective, it attempts to preserve capital. The fund invests in a portfolio of senior secured floating-rate corporate loans (Senior Loans) of companies from different industries, such as Insurance, Software, Health Care Providers and Services, Professional Services, Health Care Technology, IT Services, and others.
24GF Score

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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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