FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND (FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND) Change In Receivables : $0.93 Mil (TTM As of Nov. 2023)

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What is FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Change In Receivables?

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's change in receivables for the quarter that ended in Nov. 2023 was $0.22 Mil. It means FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Accounts Receivable declined by $0.22 Mil from May. 2023 to Nov. 2023 .

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's change in receivables for the fiscal year that ended in May. 2023 was $3.11 Mil. It means FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Accounts Receivable declined by $3.11 Mil from May. 2022 to May. 2023 .

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Accounts Receivable for the quarter that ended in Nov. 2023 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 HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Days Sales Outstanding for the six months ended in Nov. 2023 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 HIGH YIELD OPPORTUNITIES 2027 TERM FUND's liquidation value for the six months ended in Nov. 2023 was $-142.06 Mil.

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Change In Receivables Historical Data

The historical data trend for FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND'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.

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FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Change In Receivables Chart

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Annual Data

Trend

May21

May22

May23

Change In Receivables

-12.68

-0.78

3.11

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Semi-Annual Data
	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Change In Receivables	Get a 7-Day Free Trial			0.43	-1.20	2.39	0.72	0.22

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.93 Mil.

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND (NYSE:FTHY) 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 HIGH YIELD OPPORTUNITIES 2027 TERM FUND's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	36.059	*	91
=	0.00

2. In Ben Graham's calculation of liquidation value, FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's accounts receivable are only considered to be worth 75% of book value:

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND's liquidation value for the quarter that ended in Nov. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.033	-	142.09	+	0.75 * 0	+	0.5 * 0
=	-142.06

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND Change In Receivables Related Terms

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FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND (FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND (NYSE:FTHY) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187

Website

http://www.ftportfolios.com

FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM FUND is a diversified, closed-end management investment company. The investment objective of the fund is to provide current income.

Executives

Bronwyn Wright	director	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
James A Bowen	director, other: Officer - Investment Advisor	C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Housey William A Jr	other: Officer of Advisor, Port. Mgr.	FIRST TRUST ADVISORS L.P., 120 E. LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
M Keefe Denise	director	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Jeffrey M Scott	other: Portfolio Manager	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler	other: Officer - Investment Advisor	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kristi A Maher	officer: Asst. Secretary and CCO	FIRST TRUST PORTFOLIOS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Orlando Purpura	other: Portfolio Manager	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Roger Testin	other: Officer - Investment Advisor	C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
David Mcgarel	other: Officer - Investment Advisor	C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Andy Roggensack	other: Officer - Investment Advisor	C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
W Scott Jardine	officer: Secretary, other: Officer - Investment Advisor	C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske	other: Officer - Investment Advisor	FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
First Trust Advisors Lp	other: Investment Advisor	120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Daniel J Lindquist	officer: Vice President	C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187