Nuveen Mortgage Opportunity Term Fund 2 (Nuveen Mortgage Opportunity Term Fund 2) Change In Receivables : $0.17 Mil (TTM As of Jun. 2019)

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What is Nuveen Mortgage Opportunity Term Fund 2 Change In Receivables?

Nuveen Mortgage Opportunity Term Fund 2's change in receivables for the quarter that ended in Jun. 2019 was $0.12 Mil. It means Nuveen Mortgage Opportunity Term Fund 2's Accounts Receivable declined by $0.12 Mil from Dec. 2018 to Jun. 2019 .

Nuveen Mortgage Opportunity Term Fund 2's change in receivables for the fiscal year that ended in Dec. 2018 was $0.06 Mil. It means Nuveen Mortgage Opportunity Term Fund 2's Accounts Receivable declined by $0.06 Mil from Dec. 2017 to Dec. 2018 .

Nuveen Mortgage Opportunity Term Fund 2's Accounts Receivable for the quarter that ended in Jun. 2019 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. Nuveen Mortgage Opportunity Term Fund 2's Days Sales Outstanding for the six months ended in Jun. 2019 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. Nuveen Mortgage Opportunity Term Fund 2's liquidation value for the six months ended in Jun. 2019 was $-48.43 Mil.

Nuveen Mortgage Opportunity Term Fund 2 Change In Receivables Historical Data

The historical data trend for Nuveen Mortgage Opportunity Term Fund 2'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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Nuveen Mortgage Opportunity Term Fund 2 Change In Receivables Chart

Nuveen Mortgage Opportunity Term Fund 2 Annual Data

Trend

Dec17

Dec18

Change In Receivables

-0.06

0.06

Nuveen Mortgage Opportunity Term Fund 2 Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19
Change In Receivables	-	0.01	0.06	0.12

Nuveen Mortgage Opportunity Term Fund 2 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 Jun. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.17 Mil.

Nuveen Mortgage Opportunity Term Fund 2 (NYSE:JMT) 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.

Nuveen Mortgage Opportunity Term Fund 2's Days Sales Outstanding for the quarter that ended in Jun. 2019 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	4.478	*	91
=	0.00

2. In Ben Graham's calculation of liquidation value, Nuveen Mortgage Opportunity Term Fund 2's accounts receivable are only considered to be worth 75% of book value:

Nuveen Mortgage Opportunity Term Fund 2's liquidation value for the quarter that ended in Jun. 2019 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	48.432	+	0.75 * 0	+	0.5 * 0
=	-48.43

Nuveen Mortgage Opportunity Term Fund 2 Change In Receivables Related Terms

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Nuveen Mortgage Opportunity Term Fund 2 (Nuveen Mortgage Opportunity Term Fund 2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuveen Mortgage Opportunity Term Fund 2 (NYSE:JMT) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

333 West Wacker Drive, Chicago, IL, USA, 60606

Website

http://www.nuveen.com

Nuveen Mortgage Opportunity Term Fund 2 is a non-diversified, closed-end management investment company. Its investment objective is to generate attractive total returns through opportunistic investments in mortgage-backed securities (MBS).

Executives

Jon Scott Meissner	officer: Vice President	333 W WACKER DRIVE, STE 3400, CHICAGO IL 60606
Jacques M Longerstaey	officer: Vice President	333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
Brian J Lockhart	officer: Vice President	333 WEST WACKER DRIVE, C/O NUVEEN STE 3400, CHICAGO IL 60606
E. Scott Wickerham	officer: Vice	C/O NUVEEN, STE 3400, CHICAGO IL 60606
Amy B Kramer	officer: Officer of Investment Adviser	280 CONGRESS STREET, BOSTON MA 01867
William T. Meyers	officer: Vice President	C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Gifford R Zimmerman	officer: Chief Administrative Officer	333 W WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Si Ping Yu	officer: Officer of Investment Adviser	280 CONGRESS STREET, BOSTON MA 02210
Carl Dirk Enderlein	officer: Officer of Investment Adviser	280 CONGRESS STREET, BOSTON MA 02210
Michael A Perry	officer: Vice President	101 PARK AVENUE, SUITE 1400, OKLAHOMA CITY OK 73102
William A Siffermann	officer: Vice President	C/O NUVEEN, 333 W. WACKER DRIVE, CHICAGO IL 60606
Young L Robert	other: Trustee	1111 POLARIS PARKWAY, COLUMBUS OH 43240
Nuveen Fund Advisors, Llc	other: Investment Adviser	333 W. WACKER DRIVE, CHICAGO IL 60606
Mary K. Shannon	officer: Officer of Investment Adviser	280 CONGRESS STREET, BOSTON MA 02210
Gregory A Mattiko	officer: Officer of Investment Adviser	280 CONGRESS STREET, BOSTON MA 02210