AKTAF (Akita Drilling) Change In Receivables: $0.0 Mil (TTM As of Jun. 2026)

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AKTAF Akita Drilling Ltd AKTAF
47 GF Score
Price $2.80
GF Value $1.53
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Akita Drilling Change In Receivables?

Akita Drilling AKTAF -3.45% 47 Change In Receivables is $0.0 Mil as of Jun. 2026. GuruFocus rates AKTAF with a GF Score™ of 47/100 and a GF Value™ of $1.53 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Akita Drilling's change in receivables for the quarter that ended in Jun. 2026 was $0.0 Mil. It means Akita Drilling's Accounts Receivable stayed the same from Mar. 2026 to Jun. 2026 .

Akita Drilling's change in receivables for the fiscal year that ended in Dec. 2025 was $0.0 Mil. It means Akita Drilling's Accounts Receivable stayed the same from Dec. 2024 to Dec. 2025 .

Akita Drilling's Accounts Receivable for the quarter that ended in Jun. 2026 was $25.4 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. Akita Drilling's Days Sales Outstanding for the three months ended in Jun. 2026 was 70.14.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Akita Drilling's liquidation value for the three months ended in Jun. 2026 was $-35.2 Mil.

Akita Drilling  (OTCPK:AKTAF) 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.

Akita Drilling's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=25.398/33.041*91
=70.14

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

Akita Drilling's liquidation value for the quarter that ended in Jun. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=9.451-63.673+0.75 * 25.398+0.5 * 0
=-35.2

* 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.

Akita Drilling Change In Receivables Related Terms

Akita Drilling Change In Receivables Historical Data

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The historical data trend for Akita Drilling'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.

Akita Drilling Change In Receivables Chart

Akita Drilling Annual Data
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Akita Drilling Quarterly Data
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AKTAF
47GF Score
Akita Drilling Ltd AKTAF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Akita Drilling 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 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 $0.0 Mil mean?
Akita Drilling (AKTAF) has a Change In Receivables of $0.0 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Akita Drilling and its competitors.
Is Akita Drilling's Change In Receivables too high?
Akita Drilling's current Change In Receivables is $0.0 Mil. Overall, Akita Drilling has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Akita Drilling's Change In Receivables compare to NE and RIG?
Akita Drilling's Change In Receivables of $0.0 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Change In Receivables depends on the Oil & Gas 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 Akita Drilling and its competitors. Akita Drilling's current Change In Receivables is $0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akita Drilling stock overvalued right now?
Based on GuruFocus' analysis, Akita Drilling (AKTAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.53, compared to a current price of $2.80 — trading 83% above its estimated fair value. The current Change In Receivables is $0.0 Mil. Akita Drilling's overall GF Score™ is 47/100 with 2 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 Akita Drilling (AKTAF), the current Change In Receivables is $0.0 Mil as of Jun. 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 Akita Drilling (AKTAF) Overvalued in 2026?

Based on GuruFocus' analysis, Akita Drilling stock appears to be overvalued. The current stock price of $2.80 is trading 83% above its estimated GF Value™ of $1.53. GuruFocus considers Akita Drilling to be Significantly Overvalued.

Key valuation signals for AKTAF:

  • Change In Receivables: $0.0 Mil
  • GF Value™: $1.53 vs. price of $2.80 (83% above fair value)
  • GF Score™: 47/100 with 2 warning signs

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

Akita Drilling Business Description

Industry EnergyOil & Gas
Other Exchanges AKT:Canada
Address 333-7th Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 2Z1
Akita Drilling Ltd is a Canadian oil and gas drilling contractor. It provides contract drilling services to the oil and gas industry. The company has two operating segments, Canada and the United States, providing contract drilling services to the oil and gas industry and from time to time, other forms of drilling related to potash mining and the development of storage caverns. The majority of the company's revenue is derived from the United States segment.
47GF Score

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

$2.80
Price
$1.53
GF Value