ALTG (Alta Equipment Group) Change In Receivables: $14 Mil (TTM As of Mar. 2026)

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ALTG Alta Equipment Group Inc ALTG
74 GF Score
Price $6.51
GF Value $7.57
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Alta Equipment Group Change In Receivables?

Alta Equipment Group ALTG +7.25% 74 Change In Receivables is $14 Mil as of Mar. 2026. GuruFocus rates ALTG with a GF Score™ of 74/100 and a GF Value™ of $7.57 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Alta Equipment Group's change in receivables for the quarter that ended in Mar. 2026 was $-7 Mil. It means Alta Equipment Group's Accounts Receivable increased by $7 Mil from Dec. 2025 to Mar. 2026 .

Alta Equipment Group's change in receivables for the fiscal year that ended in Dec. 2025 was $11 Mil. It means Alta Equipment Group's Accounts Receivable declined by $11 Mil from Dec. 2024 to Dec. 2025 .

Alta Equipment Group's Accounts Receivable for the quarter that ended in Mar. 2026 was $192 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. Alta Equipment Group's Days Sales Outstanding for the three months ended in Mar. 2026 was 42.68.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Alta Equipment Group's liquidation value for the three months ended in Mar. 2026 was $-957 Mil.


Alta Equipment Group  (NYSE:ALTG) 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.

Alta Equipment 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
=192/410.5*91
=42.68

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

Alta Equipment 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)
=23.9-1362.9+0.75 * 192+0.5 * 476.2
=-957

* 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.


Alta Equipment Group Change In Receivables Related Terms


Alta Equipment Group Change In Receivables Historical Data

* Premium members only.

The historical data trend for Alta Equipment 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.

Alta Equipment Group Change In Receivables Chart

Alta Equipment Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only -40.70 -34.70 -16.60 42.70 11.20

Alta Equipment 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 -9.10 2.30 -11.50 29.50 -6.50
ALTG
74GF Score
Alta Equipment Group Inc ALTG
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Alta Equipment 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 $14 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 $14 Mil mean?
Alta Equipment Group (ALTG) has a Change In Receivables of $14 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Alta Equipment Group and its competitors.
Is Alta Equipment Group's Change In Receivables too high?
Alta Equipment Group's current Change In Receivables is $14 Mil. Overall, Alta Equipment Group has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alta Equipment Group's Change In Receivables compare to AIHS and MWG?
Alta Equipment Group's Change In Receivables of $14 Mil can be compared against companies in the Business Services 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 a Business Services company?
A good Change In Receivables depends on the Business Services 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 Alta Equipment Group and its competitors. Alta Equipment Group's current Change In Receivables is $14 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alta Equipment Group stock overvalued right now?
Based on GuruFocus' analysis, Alta Equipment Group (ALTG) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.57, compared to a current price of $6.51 — trading 14% below its estimated fair value. The current Change In Receivables is $14 Mil. Alta Equipment Group's overall GF Score™ is 74/100 with 7 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 Alta Equipment Group (ALTG), the current Change In Receivables is $14 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 Alta Equipment Group (ALTG) Overvalued in 2026?

Based on GuruFocus' analysis, Alta Equipment Group stock appears to be undervalued. The current stock price of $6.51 is trading 14% below its estimated GF Value™ of $7.57. GuruFocus considers Alta Equipment Group to be Modestly Undervalued.

Key valuation signals for ALTG:

  • Change In Receivables: $14 Mil
  • GF Value™: $7.57 vs. price of $6.51 (14% below fair value)
  • GF Score™: 74/100 with 7 warning signs

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


Alta Equipment Group Business Description

Other Exchanges ALTGpA.PFD:USA
Address 13211 Merriman Road, Livonia, MI, USA, 48150
Alta Equipment Group Inc is an integrated equipment dealership platform in the U.S. Its segments are Material Handling, Construction Equipment, and Master Distribution. The Material Handling segment is engaged in operations related to the sale, service, and rental of lift trucks in Michigan, Illinois, Indiana, New York, Virginia, and throughout the New England states whereas, the Construction Equipment segment is principally engaged in operations related to the sale, service, and rental of construction equipment in Michigan, Indiana, Illinois, Ohio, Pennsylvania, New York, Florida and throughout the New England States, and The Master Distribution segment is engaged in environmental processing equipment distribution with sub dealers throughout the United States and Canada.
74GF Score

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

$6.51
Price
$7.57
GF Value