Altarea SCA (CHIX:ALTAP) Change In Receivables: €156 Mil (TTM As of Dec. 2025)

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CHIX:ALTAP Altarea SCA CHIX:ALTAP
64 GF Score
Price €96.10
GF Value €75.43
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Altarea SCA Change In Receivables?

Altarea SCA CHIX:ALTAP 64 Change In Receivables is €156 Mil as of Dec. 2025. GuruFocus rates CHIX:ALTAP with a GF Score™ of 64/100 and a GF Value™ of €75.43 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Altarea SCA's change in receivables for the quarter that ended in Dec. 2025 was €32 Mil. It means Altarea SCA's Accounts Receivable declined by €32 Mil from Jun. 2025 to Dec. 2025 .

Altarea SCA's change in receivables for the fiscal year that ended in Dec. 2025 was €156 Mil. It means Altarea SCA's Accounts Receivable declined by €156 Mil from Dec. 2024 to Dec. 2025 .

Altarea SCA's Accounts Receivable for the quarter that ended in Dec. 2025 was €287 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. Altarea SCA's Days Sales Outstanding for the six months ended in Dec. 2025 was 47.82.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Altarea SCA's liquidation value for the six months ended in Dec. 2025 was €-3,829 Mil.


Altarea SCA  (CHIX:ALTAp) 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.

Altarea SCA's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=286.8/1094.6*91
=47.82

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

Altarea SCA's liquidation value for the quarter that ended in Dec. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=383.5-4881.6+0.75 * 286.8+0.5 * 907.8
=-3,829

* 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.


Altarea SCA Change In Receivables Related Terms


Altarea SCA Change In Receivables Historical Data

* Premium members only.

The historical data trend for Altarea SCA'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.

Altarea SCA Change In Receivables Chart

Altarea SCA 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 -1.20 21.40 468.70 0.90 155.50

Altarea SCA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 123.60 31.90
CHIX:ALTAP
64GF Score
Altarea SCA CHIX:ALTAP
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Altarea SCA 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €156 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 €156 Mil mean?
Altarea SCA (CHIX:ALTAP) has a Change In Receivables of €156 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Altarea SCA and its competitors.
Is Altarea SCA's Change In Receivables too high?
Altarea SCA's current Change In Receivables is €156 Mil. Overall, Altarea SCA has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altarea SCA's Change In Receivables compare to AVB and EQR?
Altarea SCA's Change In Receivables of €156 Mil can be compared against companies in the REITs 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 REITs company?
A good Change In Receivables depends on the REITs 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 Altarea SCA and its competitors. Altarea SCA's current Change In Receivables is €156 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altarea SCA stock overvalued right now?
Based on GuruFocus' analysis, Altarea SCA (CHIX:ALTAP) is currently considered Modestly Overvalued. The stock's GF Value™ is €75.43, compared to a current price of €96.10 — trading 27.4% above its estimated fair value. The current Change In Receivables is €156 Mil. Altarea SCA's overall GF Score™ is 64/100 with 6 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 Altarea SCA (CHIX:ALTAP), the current Change In Receivables is €156 Mil as of Dec. 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 Altarea SCA (CHIX:ALTAP) Overvalued in 2026?

Based on GuruFocus' analysis, Altarea SCA stock appears to be overvalued. The current stock price of €96.10 is trading 27.4% above its estimated GF Value™ of €75.43. GuruFocus considers Altarea SCA to be Modestly Overvalued.

Key valuation signals for CHIX:ALTAP:

  • Change In Receivables: €156 Mil
  • GF Value™: €75.43 vs. price of €96.10 (27.4% above fair value)
  • GF Score™: 64/100 with 6 warning signs

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


Altarea SCA Business Description

Industry Real EstateREITs
Address 87 rue de Richelieu, Paris, FRA, 75008
Altarea SCA is a real estate investment trust predominantly engaged in the acquisition, development, and management of properties throughout Western and Southern Europe. The company's real estate portfolio is composed of residential, retail, office, and mixed-use spaces. Altarea derives the majority of its revenue from rental income related to the leasing of its real estate assets. Its operating segments are; Retail; Residential; Business property; New businesses; and Others. Maximum rental income is generated from the Retail segment which consists of shopping centers under management or development. Geographically, it generates maximum revenue from France and the rest from Italy, Spain, and other regions.
64GF Score

Get the complete analysis for CHIX:ALTAP

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

€96.10
Price
€75.43
GF Value