FCT (First Trust Senior Floating Rateome Fund II) Change In Receivables: $-0.23 Mil (TTM As of Nov. 2025)

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FCT First Trust Senior Floating Rate Income Fund II FCT
24 GF Score
Price $9.60
! 7 Warning Signs
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What is First Trust Senior Floating Rateome Fund II Change In Receivables?

First Trust Senior Floating Rateome Fund II FCT 24 Change In Receivables is $-0.23 Mil as of Nov. 2025. GuruFocus rates FCT with a GF Score™ of 24/100. The stock has 7 warning signs investors should review.

First Trust Senior Floating Rateome Fund II's change in receivables for the quarter that ended in Nov. 2025 was $-0.32 Mil. It means First Trust Senior Floating Rateome Fund II's Accounts Receivable increased by $0.32 Mil from May. 2025 to Nov. 2025 .

First Trust Senior Floating Rateome Fund II's change in receivables for the fiscal year that ended in May. 2025 was $-0.24 Mil. It means First Trust Senior Floating Rateome Fund II's Accounts Receivable increased by $0.24 Mil from May. 2024 to May. 2025 .

First Trust Senior Floating Rateome Fund II's Accounts Receivable for the quarter that ended in Nov. 2025 was $0.00 Mil.

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 Receivable are being managed. First Trust Senior Floating Rateome Fund II's Days Sales Outstanding for the six months ended in Nov. 2025 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. First Trust Senior Floating Rateome Fund II's liquidation value for the six months ended in Nov. 2025 was $-58.92 Mil.

First Trust Senior Floating Rateome Fund II  (NYSE:FCT) Change In Receivables 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 Receivable 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 liquidation value, 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 liquidation value for the quarter that ended in Nov. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.105-59.028+0.75 * 0+0.5 * 0
=-58.92

* 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 Change In Receivables Related Terms

First Trust Senior Floating Rateome Fund II Change In Receivables Historical Data

* Premium members only.

The historical data trend for First Trust Senior Floating Rateome Fund II's Change In Receivables 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 Change In Receivables Chart

First Trust Senior Floating Rateome Fund II Annual Data
Trend May18 May19 May20 May21 May22 May23 May24 May25
Change In Receivables
Get a 7-Day Free Trial -0.32 0.17 0.22 -0.04 -0.24

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
Change In Receivables 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 -0.25 0.21 -0.32 0.09 -0.32
FCT
24GF Score
First Trust Senior Floating Rate Income Fund II FCT
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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First Trust Senior Floating Rateome Fund II Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Nov. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.23 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-0.23 Mil mean?
First Trust Senior Floating Rateome Fund II (FCT) has a Change In Receivables of $-0.23 Mil as of Nov. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for First Trust Senior Floating Rateome Fund II and its competitors.
Is First Trust Senior Floating Rateome Fund II's Change In Receivables too high?
First Trust Senior Floating Rateome Fund II's current Change In Receivables is $-0.23 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 Change In Receivables compare to GLO and ERC?
First Trust Senior Floating Rateome Fund II's Change In Receivables of $-0.23 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 Change In Receivables for an Asset Management company?
A good Change In Receivables depends on the Asset Management industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for First Trust Senior Floating Rateome Fund II and its competitors. First Trust Senior Floating Rateome Fund II's current Change In Receivables is $-0.23 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 Change In Receivables of $-0.23 Mil. The current Change In Receivables is $-0.23 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 Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For First Trust Senior Floating Rateome Fund II (FCT), the current Change In Receivables is $-0.23 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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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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