AFG (American Financial Group) Change In Receivables: $-749 Mil (TTM As of Mar. 2026)

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AFG American Financial Group Inc AFG
80 GF Score
Price $137.88
GF Value $126.18
Valuation Fairly Valued
! 4 Warning Signs
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What is American Financial Group Change In Receivables?

American Financial Group AFG -2.32% 80 Change In Receivables is $-749 Mil as of Mar. 2026. GuruFocus rates AFG with a GF Score™ of 80/100 and a GF Value™ of $126.18 (Fairly Valued). The stock has 4 warning signs investors should review.

American Financial Group's change in receivables for the quarter that ended in Mar. 2026 was $228 Mil. It means American Financial Group's Accounts Receivable declined by $228 Mil from Dec. 2025 to Mar. 2026 .

American Financial Group's change in receivables for the fiscal year that ended in Dec. 2025 was $-628 Mil. It means American Financial Group's Accounts Receivable increased by $628 Mil from Dec. 2024 to Dec. 2025 .

American Financial Group's Accounts Receivable for the quarter that ended in Mar. 2026 was $6,973 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. American Financial Group's Days Sales Outstanding for the three months ended in Mar. 2026 was 346.56.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. American Financial Group's liquidation value for the three months ended in Mar. 2026 was $-20,405 Mil.

American Financial Group  (NYSE:AFG) 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.

American Financial Group's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6973/1836*91
=346.56

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

American Financial Group's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2040-27675+0.75 * 6973+0.5 * 0
=-20,405

* 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.

American Financial Group Change In Receivables Related Terms

American Financial Group Change In Receivables Historical Data

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The historical data trend for American Financial 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.

American Financial Group Change In Receivables Chart

American Financial Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -350.00 -644.00 -794.00 -769.00 -628.00

American Financial Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 349.00 -304.00 -2,317.00 1,644.00 228.00
AFG
80GF Score
American Financial Group Inc AFG
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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American Financial 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-749 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 $-749 Mil mean?
American Financial Group (AFG) has a Change In Receivables of $-749 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for American Financial Group and its competitors.
Is American Financial Group's Change In Receivables too high?
American Financial Group's current Change In Receivables is $-749 Mil. Overall, American Financial Group has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does American Financial Group's Change In Receivables compare to CNA and ORI?
American Financial Group's Change In Receivables of $-749 Mil can be compared against companies in the Insurance 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 Insurance company?
A good Change In Receivables depends on the Insurance 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 American Financial Group and its competitors. American Financial Group's current Change In Receivables is $-749 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Financial Group stock overvalued right now?
Based on GuruFocus' analysis, American Financial Group (AFG) is currently considered Fairly Valued. The stock's GF Value™ is $126.18, compared to a current price of $137.88 — trading 9.3% above its estimated fair value. The current Change In Receivables is $-749 Mil. American Financial Group's overall GF Score™ is 80/100 with 4 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 American Financial Group (AFG), the current Change In Receivables is $-749 Mil as of Mar. 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 American Financial Group (AFG) Overvalued in 2026?

Based on GuruFocus' analysis, American Financial Group stock appears to be overvalued. The current stock price of $137.88 is trading 9.3% above its estimated GF Value™ of $126.18. GuruFocus considers American Financial Group to be Fairly Valued.

Key valuation signals for AFG:

  • Change In Receivables: $-749 Mil
  • GF Value™: $126.18 vs. price of $137.88 (9.3% above fair value)
  • GF Score™: 80/100 with 4 warning signs

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

American Financial Group Business Description

Other Exchanges QFI:Germany
Address 301 East Fourth Street, Cincinnati, OH, USA, 45202
American Financial Group Inc is an insurance holding company. Through its subsidiaries, it is engaged in the property and casualty insurance business, focusing on specialized commercial products for businesses. The group operates through two segments: Property and Casualty Insurance, which generates maximum revenue, and Other. The Property and Casualty Insurance segment is further divided into different sub-segments, such as Property and transportation, Specialty casualty, and Specialty financial. These sub-segments offer insurance coverage for vehicles and commercial property, customized programs for small to mid-sized businesses, workers' compensation insurance, risk management insurance programs for lending and leasing institutions, trade credit insurance, and other insurance products.
80GF Score

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

$137.88
Price
$126.18
GF Value