ZTO Express (Cayman) (BSP:Z1TO34) Change In Receivables: R$0 Mil (TTM As of Mar. 2026)

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BSP:Z1TO34 ZTO Express (Cayman) Inc BSP:Z1TO34
95 GF Score
Price R$30.54
GF Value R$36.66
Valuation Modestly Undervalued
! 3 Warning Signs
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What is ZTO Express (Cayman) Change In Receivables?

ZTO Express (Cayman) BSP:Z1TO34 95 Change In Receivables is R$0 Mil as of Mar. 2026. GuruFocus rates BSP:Z1TO34 with a GF Score™ of 95/100 and a GF Value™ of R$36.66 (Modestly Undervalued). The stock has 3 warning signs investors should review.

ZTO Express (Cayman)'s change in receivables for the quarter that ended in Mar. 2026 was R$0 Mil. It means ZTO Express (Cayman)'s Accounts Receivable stayed the same from Dec. 2025 to Mar. 2026 .

ZTO Express (Cayman)'s change in receivables for the fiscal year that ended in Dec. 2025 was R$389 Mil. It means ZTO Express (Cayman)'s Accounts Receivable declined by R$389 Mil from Dec. 2024 to Dec. 2025 .

ZTO Express (Cayman)'s Accounts Receivable for the quarter that ended in Mar. 2026 was R$1,364 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. ZTO Express (Cayman)'s Days Sales Outstanding for the three months ended in Mar. 2026 was 12.35.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ZTO Express (Cayman)'s liquidation value for the three months ended in Mar. 2026 was R$-2,312 Mil.


ZTO Express (Cayman)  (BSP:Z1TO34) 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.

ZTO Express (Cayman)'s Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1363.748/10078.416*91
=12.35

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

ZTO Express (Cayman)'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)
=23132.455-26482.484+0.75 * 1363.748+0.5 * 29.624
=-2,312

* 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.


ZTO Express (Cayman) Change In Receivables Related Terms


ZTO Express (Cayman) Change In Receivables Historical Data

* Premium members only.

The historical data trend for ZTO Express (Cayman)'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.

ZTO Express (Cayman) Change In Receivables Chart

ZTO Express (Cayman) 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 -349.16 64.75 327.86 -733.47 389.15

ZTO Express (Cayman) 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 0.00 0.00 0.00 0.00 0.00
BSP:Z1TO34
95GF Score
ZTO Express (Cayman) Inc BSP:Z1TO34
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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ZTO Express (Cayman) 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 R$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 R$0 Mil mean?
ZTO Express (Cayman) (BSP:Z1TO34) has a Change In Receivables of R$0 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for ZTO Express (Cayman) and its competitors.
Is ZTO Express (Cayman)'s Change In Receivables too high?
ZTO Express (Cayman)'s current Change In Receivables is R$0 Mil. Overall, ZTO Express (Cayman) has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ZTO Express (Cayman)'s Change In Receivables compare to CHRW and EXPD?
ZTO Express (Cayman)'s Change In Receivables of R$0 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Change In Receivables depends on the Transportation 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 ZTO Express (Cayman) and its competitors. ZTO Express (Cayman)'s current Change In Receivables is R$0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZTO Express (Cayman) stock overvalued right now?
Based on GuruFocus' analysis, ZTO Express (Cayman) (BSP:Z1TO34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$36.66, compared to a current price of R$30.54 — trading 16.7% below its estimated fair value. The current Change In Receivables is R$0 Mil. ZTO Express (Cayman)'s overall GF Score™ is 95/100 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 ZTO Express (Cayman) (BSP:Z1TO34), the current Change In Receivables is R$0 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 ZTO Express (Cayman) (BSP:Z1TO34) Overvalued in 2026?

Based on GuruFocus' analysis, ZTO Express (Cayman) stock appears to be undervalued. The current stock price of R$30.54 is trading 16.7% below its estimated GF Value™ of R$36.66. GuruFocus considers ZTO Express (Cayman) to be Modestly Undervalued.

Key valuation signals for BSP:Z1TO34:

  • Change In Receivables: R$0 Mil
  • GF Value™: R$36.66 vs. price of R$30.54 (16.7% below fair value)
  • GF Score™: 95/100 with 3 warning signs

No single metric tells the full story. See the BSP:Z1TO34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ZTO Express (Cayman) Business Description

Address No. 1685 Huazhi Road, Building One, Qingpu District, Shanghai, CHN, 201708
ZTO Express is China's largest express delivery company by parcel volume, with a volume share of 19.4% in 2024. It operates a network partner model where it provides line-haul transportation and sorting services, while its local network partners provide first-mile pickup and last-mile delivery services under the ZTO brand name. Headquartered in Shanghai, the company was founded in 2002 by Meisong Lai, who remains chair, CEO, and its major shareholder with 78% voting rights as of March 31, 2025. ZTO's strategic shareholder is leading China e-commerce company Alibaba Group with around an 8.9% interest.
95GF Score

Get the complete analysis for BSP:Z1TO34

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

R$30.54
Price
R$36.66
GF Value