BTG Consulting (CHIX:BTGL) Change In Receivables: £-8.5 Mil (TTM As of Apr. 2026)

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.

CHIX:BTGL BTG Consulting PLC CHIX:BTGL
87 GF Score
Price £1.07
GF Value £1.26
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is BTG Consulting Change In Receivables?

BTG Consulting CHIX:BTGL +0.94% 87 Change In Receivables is £-8.5 Mil as of Apr. 2026. GuruFocus rates CHIX:BTGL with a GF Score™ of 87/100 and a GF Value™ of £1.26 (Modestly Undervalued). The stock has 2 warning signs investors should review.

BTG Consulting's change in receivables for the quarter that ended in Apr. 2026 was £-0.5 Mil. It means BTG Consulting's Accounts Receivable increased by £0.5 Mil from Oct. 2025 to Apr. 2026 .

BTG Consulting's change in receivables for the fiscal year that ended in Apr. 2026 was £-8.5 Mil. It means BTG Consulting's Accounts Receivable increased by £8.5 Mil from Apr. 2025 to Apr. 2026 .

BTG Consulting's Accounts Receivable for the quarter that ended in Apr. 2026 was £15.4 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. BTG Consulting's Days Sales Outstanding for the six months ended in Apr. 2026 was 32.49.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. BTG Consulting's liquidation value for the six months ended in Apr. 2026 was £-73.0 Mil.


BTG Consulting  (CHIX:BTGl) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=15.4/86.5*91
=32.49

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

BTG Consulting'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)
=6-90.5+0.75 * 15.4+0.5 * 0
=-73.0

* 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.


BTG Consulting Change In Receivables Related Terms


BTG Consulting Change In Receivables Historical Data

* Premium members only.

The historical data trend for BTG Consulting'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.

BTG Consulting Change In Receivables Chart

BTG Consulting 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 -3.92 -4.66 -7.80 -5.80 -8.50

BTG Consulting Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 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 -3.40 -6.70 0.90 -8.00 -0.50
CHIX:BTGL
87GF Score
BTG Consulting PLC CHIX:BTGL
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BTG Consulting 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 semi-annually data reported by the company within the most recent 12 months, which was £-8.5 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 £-8.5 Mil mean?
BTG Consulting (CHIX:BTGL) has a Change In Receivables of £-8.5 Mil as of Apr. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for BTG Consulting and its competitors.
Is BTG Consulting's Change In Receivables too high?
BTG Consulting's current Change In Receivables is £-8.5 Mil. Overall, BTG Consulting has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BTG Consulting's Change In Receivables compare to VRSK and EFX?
BTG Consulting's Change In Receivables of £-8.5 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Change In Receivables depends on the Business Services 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 BTG Consulting and its competitors. BTG Consulting's current Change In Receivables is £-8.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BTG Consulting stock overvalued right now?
Based on GuruFocus' analysis, BTG Consulting (CHIX:BTGL) is currently considered Modestly Undervalued. The stock's GF Value™ is £1.26, compared to a current price of £1.07 — trading 15.1% below its estimated fair value. The current Change In Receivables is £-8.5 Mil. BTG Consulting's overall GF Score™ is 87/100 with 2 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 BTG Consulting (CHIX:BTGL), the current Change In Receivables is £-8.5 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 BTG Consulting (CHIX:BTGL) Overvalued in 2026?

Based on GuruFocus' analysis, BTG Consulting stock appears to be undervalued. The current stock price of £1.07 is trading 15.1% below its estimated GF Value™ of £1.26. GuruFocus considers BTG Consulting to be Modestly Undervalued.

Key valuation signals for CHIX:BTGL:

  • Change In Receivables: £-8.5 Mil
  • GF Value™: £1.26 vs. price of £1.07 (15.1% below fair value)
  • GF Score™: 87/100 with 2 warning signs

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


BTG Consulting Business Description

Other Exchanges BTG:UKBTA:Germany
Address 340 Deansgate, Manchester, GBR, M3 4LY
BTG Consulting Plc is a financial and real estate advisory company that provides advisory services related to businesses, assets, and investments. The company supports clients in areas such as project funding, delivery, and value realisation across financial and real estate sectors. Its service offerings include Restucturing, Financial Advisory, Deal Advisor, Funding and insurance, Agency and auctions, Valuations and Asset Advisory, Projects and Developments, and Property Management and Insurance.
87GF Score

Get the complete analysis for CHIX:BTGL

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

£1.07
Price
£1.26
GF Value