ADFJF (ADF Group) Change In Receivables: $-4.7 Mil (TTM As of Apr. 2026)

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ADFJF ADF Group Inc ADFJF
69 GF Score
Price $8.44
GF Value $7.21
Valuation Modestly Overvalued
! 5 Warning Signs
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What is ADF Group Change In Receivables?

ADF Group ADFJF -25.70% 69 Change In Receivables is $-4.7 Mil as of Apr. 2026. GuruFocus rates ADFJF with a GF Score™ of 69/100 and a GF Value™ of $7.21 (Modestly Overvalued). The stock has 5 warning signs investors should review.

ADF Group's change in receivables for the quarter that ended in Apr. 2026 was $-9.8 Mil. It means ADF Group's Accounts Receivable increased by $9.8 Mil from Jan. 2026 to Apr. 2026 .

ADF Group's change in receivables for the fiscal year that ended in Jan. 2026 was $18.2 Mil. It means ADF Group's Accounts Receivable declined by $18.2 Mil from Jan. 2025 to Jan. 2026 .

ADF Group's Accounts Receivable for the quarter that ended in Apr. 2026 was $58.5 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. ADF Group's Days Sales Outstanding for the three months ended in Apr. 2026 was 74.02.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ADF Group's liquidation value for the three months ended in Apr. 2026 was $-13.8 Mil.


ADF Group  (OTCPK:ADFJF) 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.

ADF Group's Days Sales Outstanding for the quarter that ended in Apr. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=58.538/72.169*91
=74.02

2. In Ben Graham's calculation of liquidation value, ADF Group's accounts receivable are only considered to be worth 75% of book value:

ADF Group's liquidation value for the quarter that ended in Apr. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=45.169-109.658+0.75 * 58.538+0.5 * 13.564
=-13.8

* 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.


ADF Group Change In Receivables Related Terms


ADF Group Change In Receivables Historical Data

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The historical data trend for ADF Group'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.

ADF Group Change In Receivables Chart

ADF Group Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.60 -45.19 8.47 14.16 18.18

ADF Group Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 Premium Member Only Premium Member Only Premium Member Only 12.60 -16.45 7.71 13.91 -9.82
ADFJF
69GF Score
ADF Group Inc ADFJF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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ADF Group 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 Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.7 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 $-4.7 Mil mean?
ADF Group (ADFJF) has a Change In Receivables of $-4.7 Mil as of Apr. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for ADF Group and its competitors.
Is ADF Group's Change In Receivables too high?
ADF Group's current Change In Receivables is $-4.7 Mil. Overall, ADF Group has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ADF Group's Change In Receivables compare to CRS and ATI?
ADF Group's Change In Receivables of $-4.7 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Change In Receivables depends on the Industrial Products 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 ADF Group and its competitors. ADF Group's current Change In Receivables is $-4.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ADF Group stock overvalued right now?
Based on GuruFocus' analysis, ADF Group (ADFJF) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.21, compared to a current price of $8.44 — trading 17.1% above its estimated fair value. The current Change In Receivables is $-4.7 Mil. ADF Group's overall GF Score™ is 69/100 with 5 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 ADF Group (ADFJF), the current Change In Receivables is $-4.7 Mil as of Apr. 2026. 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.

Is ADF Group (ADFJF) Overvalued in 2026?

Based on GuruFocus' analysis, ADF Group stock appears to be overvalued. The current stock price of $8.44 is trading 17.1% above its estimated GF Value™ of $7.21. GuruFocus considers ADF Group to be Modestly Overvalued.

Key valuation signals for ADFJF:

  • Change In Receivables: $-4.7 Mil
  • GF Value™: $7.21 vs. price of $8.44 (17.1% above fair value)
  • GF Score™: 69/100 with 5 warning signs

No single metric tells the full story. See the ADFJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ADF Group Business Description

Other Exchanges 4QM:GermanyDRX:Canada
Address 300 Henry-Bessemer Street, Terrebonne, QC, CAN, J6Y 1T3
ADF Group Inc involves in the design and engineering of connections, fabrication, including industrial coating, and the installation of steel structures and steel built-ups, as well as miscellaneous and architectural metalwork. The company's products and services are intended for the five principal segments of the non-residential construction industry: Office towers and high-rises, Commercial and recreational buildings, Airport facilities, Industrial complexes, and Transport infrastructures and energy. It serves the client base in the non-residential construction industry, such as general contractors, project owners, engineering firms and project architects, and other steel structure fabricators in the United States and Canada.
69GF Score

Get the complete analysis for ADFJF

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

$8.44
Price
$7.21
GF Value