Chemring Group (CHIX:CHGL) Change In Receivables: £-6.4 Mil (TTM As of Apr. 2026)

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CHIX:CHGL Chemring Group PLC CHIX:CHGL
78 GF Score
Price £5.56
GF Value £4.00
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Chemring Group Change In Receivables?

Chemring Group CHIX:CHGL 78 Change In Receivables is £-6.4 Mil as of Apr. 2026. GuruFocus rates CHIX:CHGL with a GF Score™ of 78/100 and a GF Value™ of £4.00 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Chemring Group's change in receivables for the quarter that ended in Apr. 2026 was £-13.4 Mil. It means Chemring Group's Accounts Receivable increased by £13.4 Mil from Oct. 2025 to Apr. 2026 .

Chemring Group's change in receivables for the fiscal year that ended in Oct. 2025 was £-19.9 Mil. It means Chemring Group's Accounts Receivable increased by £19.9 Mil from Oct. 2024 to Oct. 2025 .

Chemring Group's Accounts Receivable for the quarter that ended in Apr. 2026 was £122.8 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. Chemring Group's Days Sales Outstanding for the six months ended in Apr. 2026 was 94.44.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Chemring Group's liquidation value for the six months ended in Apr. 2026 was £-319.0 Mil.


Chemring Group  (CHIX:CHGl) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=122.8/237.3*91
=94.44

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

Chemring Group'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)
=44.7-539.4+0.75 * 122.8+0.5 * 167.3
=-319.0

* 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.


Chemring Group Change In Receivables Related Terms


Chemring Group Change In Receivables Historical Data

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The historical data trend for Chemring Group'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.

Chemring Group Change In Receivables Chart

Chemring Group Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 4.50 -18.70 -15.90 -19.90

Chemring Group 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 -12.50 -3.40 -26.90 7.00 -13.40
CHIX:CHGL
78GF Score
Chemring Group PLC CHIX:CHGL
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Chemring Group 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 £-6.4 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 £-6.4 Mil mean?
Chemring Group (CHIX:CHGL) has a Change In Receivables of £-6.4 Mil as of Apr. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Chemring Group and its competitors.
Is Chemring Group's Change In Receivables too high?
Chemring Group's current Change In Receivables is £-6.4 Mil. Overall, Chemring Group has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chemring Group's Change In Receivables compare to SPCX and GE?
Chemring Group's Change In Receivables of £-6.4 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 Chemring Group and its competitors. Chemring Group's current Change In Receivables is £-6.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chemring Group stock overvalued right now?
Based on GuruFocus' analysis, Chemring Group (CHIX:CHGL) is currently considered Significantly Overvalued. The stock's GF Value™ is £4.00, compared to a current price of £5.56 — trading 39% above its estimated fair value. The current Change In Receivables is £-6.4 Mil. Chemring Group's overall GF Score™ is 78/100 with 4 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 Chemring Group (CHIX:CHGL), the current Change In Receivables is £-6.4 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 Chemring Group (CHIX:CHGL) Overvalued in 2026?

Based on GuruFocus' analysis, Chemring Group stock appears to be overvalued. The current stock price of £5.56 is trading 39% above its estimated GF Value™ of £4.00. GuruFocus considers Chemring Group to be Significantly Overvalued.

Key valuation signals for CHIX:CHGL:

  • Change In Receivables: £-6.4 Mil
  • GF Value™: £4.00 vs. price of £5.56 (39% above fair value)
  • GF Score™: 78/100 with 4 warning signs

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


Chemring Group Business Description

Address Old Salisbury Lane, Roke Manor, Romsey, Hampshire, GBR, SO51 0ZN
Chemring Group PLC is a defense technology company. The company's operating segment include: i) Countermeasures and Energetics segment: It is engaged in the development and manufacturing of expendable countermeasures for air and sea platforms, cartridge/propellant actuated devices, pyrotechnic devices for satellite launch and deployment, missile components, propellants, separation sub-systems, actuators, and energetic materials, ii) Sensors and Information: it is engaged in the development and manufacturing of electronic countermeasures, chemical and biological threat detection equipment, and explosive hazard detection (EHD) equipment. It generated the majority of the revenue from the Countermeasures and Energetics segment. Geographically, the maximum revenue is generated from the USA.
78GF Score

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

£5.56
Price
£4.00
GF Value