ASHXF (Progressive Planet Solutions) Change In Receivables: $0.23 Mil (TTM As of Jan. 2026)

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ASHXF Progressive Planet Solutions Inc ASHXF
35 GF Score
Price $0.24
GF Value $0.15
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Progressive Planet Solutions Change In Receivables?

Progressive Planet Solutions ASHXF 35 Change In Receivables is $0.23 Mil as of Jan. 2026. GuruFocus rates ASHXF with a GF Score™ of 35/100 and a GF Value™ of $0.15 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Progressive Planet Solutions's change in receivables for the quarter that ended in Jan. 2026 was $-0.04 Mil. It means Progressive Planet Solutions's Accounts Receivable increased by $0.04 Mil from Oct. 2025 to Jan. 2026 .

Progressive Planet Solutions's change in receivables for the fiscal year that ended in Apr. 2025 was $-0.01 Mil. It means Progressive Planet Solutions's Accounts Receivable increased by $0.01 Mil from Apr. 2024 to Apr. 2025 .

Progressive Planet Solutions's Accounts Receivable for the quarter that ended in Jan. 2026 was $0.87 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. Progressive Planet Solutions's Days Sales Outstanding for the three months ended in Jan. 2026 was 18.88.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Progressive Planet Solutions's liquidation value for the three months ended in Jan. 2026 was $-5.36 Mil.

Progressive Planet Solutions  (OTCPK:ASHXF) 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.

Progressive Planet Solutions's Days Sales Outstanding for the quarter that ended in Jan. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.874/4.224*91
=18.88

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

Progressive Planet Solutions's liquidation value for the quarter that ended in Jan. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.56-8.494+0.75 * 0.874+0.5 * 1.845
=-5.36

* 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.

Progressive Planet Solutions Change In Receivables Related Terms

Progressive Planet Solutions Change In Receivables Historical Data

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The historical data trend for Progressive Planet Solutions'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.

Progressive Planet Solutions Change In Receivables Chart

Progressive Planet Solutions Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 0.15 0.29 0.24 -0.01

Progressive Planet Solutions Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 0.08 0.18 -0.14 0.22 -0.04
ASHXF
35GF Score
Progressive Planet Solutions Inc ASHXF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Progressive Planet Solutions 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 Jan. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.23 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 $0.23 Mil mean?
Progressive Planet Solutions (ASHXF) has a Change In Receivables of $0.23 Mil as of Jan. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Progressive Planet Solutions and its competitors.
Is Progressive Planet Solutions' Change In Receivables too high?
Progressive Planet Solutions' current Change In Receivables is $0.23 Mil. Overall, Progressive Planet Solutions has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Progressive Planet Solutions' Change In Receivables compare to competitors?
Progressive Planet Solutions' Change In Receivables of $0.23 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Change In Receivables depends on the Metals & Mining 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 Progressive Planet Solutions and its competitors. Progressive Planet Solutions's current Change In Receivables is $0.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progressive Planet Solutions stock overvalued right now?
Based on GuruFocus' analysis, Progressive Planet Solutions (ASHXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.15, compared to a current price of $0.24 — trading 56.7% above its estimated fair value. The current Change In Receivables is $0.23 Mil. Progressive Planet Solutions' overall GF Score™ is 35/100 with 3 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 Progressive Planet Solutions (ASHXF), the current Change In Receivables is $0.23 Mil as of Jan. 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 Progressive Planet Solutions (ASHXF) Overvalued in 2026?

Based on GuruFocus' analysis, Progressive Planet Solutions stock appears to be overvalued. The current stock price of $0.24 is trading 56.7% above its estimated GF Value™ of $0.15. GuruFocus considers Progressive Planet Solutions to be Significantly Overvalued.

Key valuation signals for ASHXF:

  • Change In Receivables: $0.23 Mil
  • GF Value™: $0.15 vs. price of $0.24 (56.7% above fair value)
  • GF Score™: 35/100 with 3 warning signs

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

Progressive Planet Solutions Business Description

Other Exchanges ARB3:GermanyPLAN:Canada
Address 724 Sarcee Street East, Kamloops, BC, CAN, V2H 1E7
Progressive Planet Solutions Inc is a manufacturer of mineral-based products derived from diatomaceous earth, zeolite, and bentonite. It owns a diatomaceous earth mine and a bentonite mine both located in Canada, and is also an operator and partial owner of a zeolite mine. Its expertise lies in developing critical low-carbon and carbon sequestering solutions. The company is also engaged in research and development activities to expand its current operations by developing products for the agricultural and supplementary cementing materials markets. Geographically, its products are sold in the United States where it generates maximum revenue, and in Canada.
35GF Score

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

$0.24
Price
$0.15
GF Value