Cenit AG (CHIX:CSHD) Change In Receivables: €0.0 Mil (TTM As of Mar. 2026)

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CHIX:CSHD Cenit AG CHIX:CSHD
82 GF Score
Price €14.38
GF Value €18.96
! 5 Warning Signs
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What is Cenit AG Change In Receivables?

Cenit AG CHIX:CSHD 82 Change In Receivables is €0.0 Mil as of Mar. 2026. GuruFocus rates CHIX:CSHD with a GF Score™ of 82/100 and a GF Value™ of €18.96. The stock has 5 warning signs investors should review.

Cenit AG's change in receivables for the quarter that ended in Mar. 2026 was €0.0 Mil. It means Cenit AG's Accounts Receivable stayed the same from Dec. 2025 to Mar. 2026 .

Cenit AG's change in receivables for the fiscal year that ended in Dec. 2025 was €-1.8 Mil. It means Cenit AG's Accounts Receivable increased by €1.8 Mil from Dec. 2024 to Dec. 2025 .

Cenit AG's Accounts Receivable for the quarter that ended in Mar. 2026 was €32.4 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. Cenit AG's Days Sales Outstanding for the three months ended in Mar. 2026 was 56.26.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cenit AG's liquidation value for the three months ended in Mar. 2026 was €-59.5 Mil.

Cenit AG  (CHIX:CSHd) 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.

Cenit AG's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=32.351/52.472*91
=56.26

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

Cenit AG's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=28.64-112.457+0.75 * 32.351+0.5 * 0.108
=-59.5

* 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.

Cenit AG Change In Receivables Related Terms

Cenit AG Change In Receivables Historical Data

* Premium members only.

The historical data trend for Cenit AG'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.

Cenit AG Change In Receivables Chart

Cenit AG 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 -11.37 -0.08 -10.62 6.99 -1.75

Cenit AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00
CHIX:CSHD
82GF Score
Cenit AG CHIX:CSHD
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Cenit AG 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.0 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 €0.0 Mil mean?
Cenit AG (CHIX:CSHD) has a Change In Receivables of €0.0 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Cenit AG and its competitors.
Is Cenit AG's Change In Receivables too high?
Cenit AG's current Change In Receivables is €0.0 Mil. Overall, Cenit AG has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Cenit AG's Change In Receivables compare to UBER and SHOP?
Cenit AG's Change In Receivables of €0.0 Mil can be compared against companies in the Software 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 Software company?
A good Change In Receivables depends on the Software 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 Cenit AG and its competitors. Cenit AG's current Change In Receivables is €0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cenit AG stock overvalued right now?
Cenit AG (CHIX:CSHD) has a current Change In Receivables of €0.0 Mil. The stock's GF Value™ is €18.96, compared to a current price of €14.38 — trading 24.2% below its estimated fair value. The current Change In Receivables is €0.0 Mil. Cenit AG's overall GF Score™ is 82/100 with 5 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 Cenit AG (CHIX:CSHD), the current Change In Receivables is €0.0 Mil as of Mar. 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 Cenit AG (CHIX:CSHD) Overvalued in 2026?

Based on GuruFocus' analysis, Cenit AG stock appears to be undervalued. The current stock price of €14.38 is trading 24.2% below its estimated GF Value™ of €18.96.

Key valuation signals for CHIX:CSHD:

  • Change In Receivables: €0.0 Mil
  • GF Value™: €18.96 vs. price of €14.38 (24.2% below fair value)
  • GF Score™: 82/100 with 5 warning signs

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

Cenit AG Business Description

Other Exchanges 0MUF:UKCSH:Germany
Address Industriestrasse 52-54, Stuttgart, DEU, 70565
Cenit AG specializes in the sale and integration of software and IT services. The Group has two reportable segments: EIM (Enterprise Information Management) and PLM (Product Lifecycle Management). The majority of its revenue is generated from the PLM segment, which focuses on industrial customers and the corresponding technologies, providing products and services in product lifecycle management, such as CATIA from Dassault Systemes or SAP, and internally developed software such as cenitCONNECT and FASTSUITE. The EIM segment serves businesses, banks, insurers, and utilities by providing IBM-based and in-house software solutions and consulting for document management and business intelligence. Geographically, it derives key revenue from Germany, followed by France, North America, and others.
82GF Score

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

€14.38
Price
€18.96
GF Value