Euroxx Securities (ATH:EX) Change In Receivables: €-10.49 Mil (TTM As of Jun. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ATH:EX Euroxx Securities SA ATH:EX
77 GF Score
Price €5.05
GF Value €6.40
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Euroxx Securities Change In Receivables?

Euroxx Securities ATH:EX 77 Change In Receivables is €-10.49 Mil as of Jun. 2025. GuruFocus rates ATH:EX with a GF Score™ of 77/100 and a GF Value™ of €6.40 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Euroxx Securities's change in receivables for the quarter that ended in Jun. 2025 was €-20.22 Mil. It means Euroxx Securities's Accounts Receivable increased by €20.22 Mil from Dec. 2024 to Jun. 2025 .

Euroxx Securities's change in receivables for the fiscal year that ended in Dec. 2024 was €-6.79 Mil. It means Euroxx Securities's Accounts Receivable increased by €6.79 Mil from Dec. 2023 to Dec. 2024 .

Euroxx Securities's Accounts Receivable for the quarter that ended in Jun. 2025 was €16.71 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. Euroxx Securities's Days Sales Outstanding for the six months ended in Jun. 2025 was 143.32.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Euroxx Securities's liquidation value for the six months ended in Jun. 2025 was €-19.94 Mil.

Euroxx Securities  (ATH:EX) 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.

Euroxx Securities's Days Sales Outstanding for the quarter that ended in Jun. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=16.706/21.273*91
=143.32

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

Euroxx Securities's liquidation value for the quarter that ended in Jun. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=13.287-45.76+0.75 * 16.706+0.5 * 0
=-19.94

* 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.

Euroxx Securities Change In Receivables Related Terms

Euroxx Securities Change In Receivables Historical Data

* Premium members only.

The historical data trend for Euroxx Securities'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.

Euroxx Securities Change In Receivables Chart

Euroxx Securities Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 7.15 0.93 -6.53 -6.79

Euroxx Securities Semi-Annual Data
Dec14 Jun15 Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 -9.97 3.44 -16.52 9.73 -20.22
ATH:EX
77GF Score
Euroxx Securities SA ATH:EX
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Euroxx Securities 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-10.49 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 €-10.49 Mil mean?
Euroxx Securities (ATH:EX) has a Change In Receivables of €-10.49 Mil as of Jun. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Euroxx Securities and its competitors.
Is Euroxx Securities' Change In Receivables too high?
Euroxx Securities' current Change In Receivables is €-10.49 Mil. Overall, Euroxx Securities has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Euroxx Securities' Change In Receivables compare to SPGI and CME?
Euroxx Securities' Change In Receivables of €-10.49 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Change In Receivables depends on the Capital Markets 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 Euroxx Securities and its competitors. Euroxx Securities's current Change In Receivables is €-10.49 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euroxx Securities stock overvalued right now?
Based on GuruFocus' analysis, Euroxx Securities (ATH:EX) is currently considered Modestly Undervalued. The stock's GF Value™ is €6.40, compared to a current price of €5.05 — trading 21.1% below its estimated fair value. The current Change In Receivables is €-10.49 Mil. Euroxx Securities' overall GF Score™ is 77/100 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 Euroxx Securities (ATH:EX), the current Change In Receivables is €-10.49 Mil as of Jun. 2025. 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 Euroxx Securities (ATH:EX) Overvalued in 2026?

Based on GuruFocus' analysis, Euroxx Securities stock appears to be undervalued. The current stock price of €5.05 is trading 21.1% below its estimated GF Value™ of €6.40. GuruFocus considers Euroxx Securities to be Modestly Undervalued.

Key valuation signals for ATH:EX:

  • Change In Receivables: €-10.49 Mil
  • GF Value™: €6.40 vs. price of €5.05 (21.1% below fair value)
  • GF Score™: 77/100 with 3 warning signs

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

Euroxx Securities Business Description

Address Palaiologou 7, Chalandri, GRC, 15232
Euroxx Securities SA is a financial services firm providing investment services to its clients. The company's client mix consists of private investors, legal entities, Greek and foreign institutional investors. It combines high skill and know-how and is able to respond to more complex investment expectations.
77GF Score

Get the complete analysis for ATH:EX

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

€5.05
Price
€6.40
GF Value