ARDX (Ardelyx) Change In Receivables: $-36.4 Mil (TTM As of Mar. 2026)

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ARDX Ardelyx Inc ARDX
70 GF Score
Price $5.01
GF Value $10.42
Valuation Possible Value Trap
! 6 Warning Signs
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What is Ardelyx Change In Receivables?

Ardelyx ARDX -1.77% 70 Change In Receivables is $-36.4 Mil as of Mar. 2026. GuruFocus rates ARDX with a GF Score™ of 70/100 and a GF Value™ of $10.42 (Possible Value Trap). The stock has 6 warning signs investors should review.

Ardelyx's change in receivables for the quarter that ended in Mar. 2026 was $-11.0 Mil. It means Ardelyx's Accounts Receivable increased by $11.0 Mil from Dec. 2025 to Mar. 2026 .

Ardelyx's change in receivables for the fiscal year that ended in Dec. 2025 was $-14.1 Mil. It means Ardelyx's Accounts Receivable increased by $14.1 Mil from Dec. 2024 to Dec. 2025 .

Ardelyx's Accounts Receivable for the quarter that ended in Mar. 2026 was $82.8 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. Ardelyx's Days Sales Outstanding for the three months ended in Mar. 2026 was 80.01.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ardelyx's liquidation value for the three months ended in Mar. 2026 was $-44.3 Mil.


Ardelyx  (NAS:ARDX) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=82.84/94.473*91
=80.01

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

Ardelyx'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)
=238.074-355.885+0.75 * 82.84+0.5 * 22.745
=-44.3

* 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.


Ardelyx Change In Receivables Related Terms


Ardelyx Change In Receivables Historical Data

* Premium members only.

The historical data trend for Ardelyx'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.

Ardelyx Change In Receivables Chart

Ardelyx 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 -0.50 -7.23 -14.30 -35.67 -14.14

Ardelyx 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 11.24 -16.09 -14.06 4.76 -10.99
ARDX
70GF Score
Ardelyx Inc ARDX
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Ardelyx 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 $-36.4 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 $-36.4 Mil mean?
Ardelyx (ARDX) has a Change In Receivables of $-36.4 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Ardelyx and its competitors.
Is Ardelyx's Change In Receivables too high?
Ardelyx's current Change In Receivables is $-36.4 Mil. Overall, Ardelyx has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ardelyx's Change In Receivables compare to IMTX and TRAX?
Ardelyx's Change In Receivables of $-36.4 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Change In Receivables depends on the Biotechnology 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 Ardelyx and its competitors. Ardelyx's current Change In Receivables is $-36.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ardelyx stock overvalued right now?
Based on GuruFocus' analysis, Ardelyx (ARDX) is currently considered Possible Value Trap. The stock's GF Value™ is $10.42, compared to a current price of $5.01 — trading 52% below its estimated fair value. The current Change In Receivables is $-36.4 Mil. Ardelyx's overall GF Score™ is 70/100 with 6 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 Ardelyx (ARDX), the current Change In Receivables is $-36.4 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 Ardelyx (ARDX) Overvalued in 2026?

Based on GuruFocus' analysis, Ardelyx stock appears to be undervalued. The current stock price of $5.01 is trading 52% below its estimated GF Value™ of $10.42. GuruFocus considers Ardelyx to be Possible Value Trap.

Key valuation signals for ARDX:

  • Change In Receivables: $-36.4 Mil
  • GF Value™: $10.42 vs. price of $5.01 (52% below fair value)
  • GF Score™: 70/100 with 6 warning signs

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


Ardelyx Business Description

Other Exchanges ARDX:Mexico41X:Germany
Address 400 Fifth Avenue, Suite 210, Waltham, MA, USA, 02451
Ardelyx Inc is a biopharmaceutical company developing and commercialize, first-in-class medicines that meet unmet medical needs. It has developed a platform that enabled the discovery of new biological mechanisms and pathways to develop potent and efficacious therapies that minimize the side effects and drug-drug interactions frequently encountered with traditional, systemically absorbed medicines. Its products Tenapanor, branded as IBSRELA, is used for the treatment of adults with IBS-C. Tenapanor, branded as XPHOZAH, is used to reduce serum phosphorus in adults with CKD on dialysis as add-on therapy in patients who have an inadequate response to phosphate binders or who are intolerant of any dose of phosphate binder therapy.
70GF Score

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

$5.01
Price
$10.42
GF Value