BUKS (Butler National) Change In Receivables: $-6.13 Mil (TTM As of Apr. 2026)

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BUKS Butler National Corp BUKS
74 GF Score
Price $3.98
GF Value $1.90
Valuation Significantly Overvalued
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What is Butler National Change In Receivables?

Butler National BUKS -1.73% 74 Change In Receivables is $-6.13 Mil as of Apr. 2026. GuruFocus rates BUKS with a GF Score™ of 74/100 and a GF Value™ of $1.90 (Significantly Overvalued).

Butler National's change in receivables for the quarter that ended in Apr. 2026 was $-1.79 Mil. It means Butler National's Accounts Receivable increased by $1.79 Mil from Jan. 2026 to Apr. 2026 .

Butler National's change in receivables for the fiscal year that ended in Apr. 2026 was $-6.13 Mil. It means Butler National's Accounts Receivable increased by $6.13 Mil from Apr. 2025 to Apr. 2026 .

Butler National's Accounts Receivable for the quarter that ended in Apr. 2026 was $14.00 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. Butler National's Days Sales Outstanding for the three months ended in Apr. 2026 was 46.14.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Butler National's liquidation value for the three months ended in Apr. 2026 was $-7.69 Mil.

Butler National  (OTCPK:BUKS) 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.

Butler National's Days Sales Outstanding for the quarter that ended in Apr. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13.996/27.678*91
=46.14

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

Butler National's liquidation value for the quarter that ended in Apr. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=35.124-59.864+0.75 * 13.996+0.5 * 13.116
=-7.69

* 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.

Butler National Change In Receivables Related Terms

Butler National Change In Receivables Historical Data

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The historical data trend for Butler National'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.

Butler National Change In Receivables Chart

Butler National Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.72 -0.58 -3.90 0.73 -6.13

Butler National Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.57 -0.14 0.77 -4.97 -1.79
BUKS
74GF Score
Butler National Corp BUKS
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Butler National 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 Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.13 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 $-6.13 Mil mean?
Butler National (BUKS) has a Change In Receivables of $-6.13 Mil as of Apr. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Butler National and its competitors.
Is Butler National's Change In Receivables too high?
Butler National's current Change In Receivables is $-6.13 Mil. Overall, Butler National has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Butler National's Change In Receivables compare to POWW and AIRO?
Butler National's Change In Receivables of $-6.13 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Change In Receivables depends on the Aerospace & Defense 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 Butler National and its competitors. Butler National's current Change In Receivables is $-6.13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Butler National stock overvalued right now?
Based on GuruFocus' analysis, Butler National (BUKS) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.90, compared to a current price of $3.98 — trading 109.5% above its estimated fair value. The current Change In Receivables is $-6.13 Mil. Butler National's overall GF Score™ is 74/100. 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 Butler National (BUKS), the current Change In Receivables is $-6.13 Mil as of Apr. 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 Butler National (BUKS) Overvalued in 2026?

Based on GuruFocus' analysis, Butler National stock appears to be overvalued. The current stock price of $3.98 is trading 109.5% above its estimated GF Value™ of $1.90. GuruFocus considers Butler National to be Significantly Overvalued.

Key valuation signals for BUKS:

  • Change In Receivables: $-6.13 Mil
  • GF Value™: $1.90 vs. price of $3.98 (109.5% above fair value)
  • GF Score™: 74/100

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

Butler National Business Description

Address One Aero Plaza, New Century, KS, USA, 66031
Butler National Corp is involved in the design, engineering, manufacturing, selling, integrating, installing, repairing, modifying, overhauling, servicing, and distributing portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems (Aerospace Products). The group serves the aviation industry, including owners of aircraft and contractors involved with private, commercial, business, and government aircraft operations. It also serves commercial weapon manufacturers and suppliers to governments and their agencies. The company has two operating segments: Professional Services and Aerospace Products. Its main source of revenue comes from the Aerospace Products segment. It operates in North America, Europe, Asia, Australia, and other geographical regions.
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.

$3.98
Price
$1.90
GF Value