CBOE (Cboe Global Markets) Change In Receivables: $-181 Mil (TTM As of Jun. 2026)

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CBOE Cboe Global Markets Inc CBOE
93 GF Score
Price $296.14
GF Value $238.01
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Cboe Global Markets Change In Receivables?

Cboe Global Markets CBOE +1.04% 93 Change In Receivables is $-181 Mil as of Jun. 2026. GuruFocus rates CBOE with a GF Score™ of 93/100 and a GF Value™ of $238.01 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Cboe Global Markets's change in receivables for the quarter that ended in Jun. 2026 was $-143 Mil. It means Cboe Global Markets's Accounts Receivable increased by $143 Mil from Mar. 2026 to Jun. 2026 .

Cboe Global Markets's change in receivables for the fiscal year that ended in Dec. 2025 was $86 Mil. It means Cboe Global Markets's Accounts Receivable declined by $86 Mil from Dec. 2024 to Dec. 2025 .

Cboe Global Markets's Accounts Receivable for the quarter that ended in Jun. 2026 was $571 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. Cboe Global Markets's Days Sales Outstanding for the three months ended in Jun. 2026 was 36.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cboe Global Markets's liquidation value for the three months ended in Jun. 2026 was $-2,165 Mil.


Cboe Global Markets  (BATS:CBOE) 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.

Cboe Global Markets's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=570.6/1442.8*91
=36.09

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

Cboe Global Markets's liquidation value for the quarter that ended in Jun. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2390.7-4983.5+0.75 * 570.6+0.5 * 0
=-2,165

* 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.


Cboe Global Markets Change In Receivables Related Terms


Cboe Global Markets Change In Receivables Historical Data

* Premium members only.

The historical data trend for Cboe Global Markets'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.

Cboe Global Markets Change In Receivables Chart

Cboe Global Markets 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 22.30 -55.20 13.10 -123.80 85.50

Cboe Global Markets Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 29.90 11.10 13.00 -61.90 -143.10
CBOE
93GF Score
Cboe Global Markets Inc CBOE
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Cboe Global Markets 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-181 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 $-181 Mil mean?
Cboe Global Markets (CBOE) has a Change In Receivables of $-181 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Cboe Global Markets and its competitors.
Is Cboe Global Markets' Change In Receivables too high?
Cboe Global Markets' current Change In Receivables is $-181 Mil. Overall, Cboe Global Markets has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cboe Global Markets' Change In Receivables compare to MSCI and COIN?
Cboe Global Markets' Change In Receivables of $-181 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 Cboe Global Markets and its competitors. Cboe Global Markets's current Change In Receivables is $-181 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cboe Global Markets stock overvalued right now?
Based on GuruFocus' analysis, Cboe Global Markets (CBOE) is currently considered Modestly Overvalued. The stock's GF Value™ is $238.01, compared to a current price of $296.14 — trading 24.4% above its estimated fair value. The current Change In Receivables is $-181 Mil. Cboe Global Markets' overall GF Score™ is 93/100 with 1 warning sign 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 Cboe Global Markets (CBOE), the current Change In Receivables is $-181 Mil as of Jun. 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 Cboe Global Markets (CBOE) Overvalued in 2026?

Based on GuruFocus' analysis, Cboe Global Markets stock appears to be overvalued. The current stock price of $296.14 is trading 24.4% above its estimated GF Value™ of $238.01. GuruFocus considers Cboe Global Markets to be Modestly Overvalued.

Key valuation signals for CBOE:

  • Change In Receivables: $-181 Mil
  • GF Value™: $238.01 vs. price of $296.14 (24.4% above fair value)
  • GF Score™: 93/100 with 1 warning sign

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


Cboe Global Markets Business Description

Address 433 West Van Buren Street, Chicago, IL, USA, 60607
Founded in 1973, Cboe controls the largest option exchange in the US, which provides around 60% of the firm's revenue. The company is best known for its proprietary S&P 500 and VIX index options, which it offers through an exclusive contract with S&P Global. The firm moved into US and European equities through the $3.4 billion acquisition of BATS in 2017. Cboe has continued to look to expand internationally, using acquisitions to build a presence in both Canada and Australia.
93GF Score

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

$296.14
Price
$238.01
GF Value