Elia Group/NV (CHIX:ELIB) Change In Receivables: €-806 Mil (TTM As of Jun. 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:ELIB Elia Group SA/NV CHIX:ELIB
83 GF Score
Price €126.20
GF Value €89.98
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Elia Group/NV Change In Receivables?

Elia Group/NV CHIX:ELIB 83 Change In Receivables is €-806 Mil as of Jun. 2026. GuruFocus rates CHIX:ELIB with a GF Score™ of 83/100 and a GF Value™ of €89.98 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Elia Group/NV's change in receivables for the quarter that ended in Jun. 2026 was €-24 Mil. It means Elia Group/NV's Accounts Receivable increased by €24 Mil from Dec. 2025 to Jun. 2026 .

Elia Group/NV's change in receivables for the fiscal year that ended in Dec. 2025 was €-532 Mil. It means Elia Group/NV's Accounts Receivable increased by €532 Mil from Dec. 2024 to Dec. 2025 .

Elia Group/NV's Accounts Receivable for the quarter that ended in Jun. 2026 was €717 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. Elia Group/NV's Days Sales Outstanding for the six months ended in Jun. 2026 was 51.02.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Elia Group/NV's liquidation value for the six months ended in Jun. 2026 was €-18,767 Mil.


Elia Group/NV  (CHIX:ELIb) 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.

Elia Group/NV's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=716.7/2563.5*91
=51.02

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

Elia Group/NV'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)
=3448.5-22950+0.75 * 716.7+0.5 * 394.6
=-18,767

* 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.


Elia Group/NV Change In Receivables Related Terms


Elia Group/NV Change In Receivables Historical Data

* Premium members only.

The historical data trend for Elia Group/NV'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.

Elia Group/NV Change In Receivables Chart

Elia Group/NV 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 639.90 -314.70 159.80 -71.40 -531.90

Elia Group/NV Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 128.00 -199.40 249.40 -781.30 -24.40
CHIX:ELIB
83GF Score
Elia Group SA/NV CHIX:ELIB
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elia Group/NV 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 semi-annually data reported by the company within the most recent 12 months, which was €-806 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 €-806 Mil mean?
Elia Group/NV (CHIX:ELIB) has a Change In Receivables of €-806 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Elia Group/NV and its competitors.
Is Elia Group/NV's Change In Receivables too high?
Elia Group/NV's current Change In Receivables is €-806 Mil. Overall, Elia Group/NV has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elia Group/NV's Change In Receivables compare to NEE and SO?
Elia Group/NV's Change In Receivables of €-806 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Change In Receivables depends on the Utilities - Regulated 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 Elia Group/NV and its competitors. Elia Group/NV's current Change In Receivables is €-806 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elia Group/NV stock overvalued right now?
Based on GuruFocus' analysis, Elia Group/NV (CHIX:ELIB) is currently considered Significantly Overvalued. The stock's GF Value™ is €89.98, compared to a current price of €126.20 — trading 40.3% above its estimated fair value. The current Change In Receivables is €-806 Mil. Elia Group/NV's overall GF Score™ is 83/100 with 7 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 Elia Group/NV (CHIX:ELIB), the current Change In Receivables is €-806 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 Elia Group/NV (CHIX:ELIB) Overvalued in 2026?

Based on GuruFocus' analysis, Elia Group/NV stock appears to be overvalued. The current stock price of €126.20 is trading 40.3% above its estimated GF Value™ of €89.98. GuruFocus considers Elia Group/NV to be Significantly Overvalued.

Key valuation signals for CHIX:ELIB:

  • Change In Receivables: €-806 Mil
  • GF Value™: €89.98 vs. price of €126.20 (40.3% above fair value)
  • GF Score™: 83/100 with 7 warning signs

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


Elia Group/NV Business Description

Address 20 Boulevard de l’Empereur, Brussels, BEL, 1000
Elia Group SA/NV is a utility company that owns and develops electric grids in Central Europe. Elia maintains and operates high-voltage equipment and infrastructure projects, such as power lines, cables, and transformers. The company mainly generates revenue by serving as the electricity transmission system operator in both Germany and Belgium, where it provides electric grid usage. These countries also house many of the firm's energy infrastructure investments. Elia's operating segments are: 50Hertz Transmission Germany, which derives maximum revenue, Elia Transmission Belgium, and Non-regulated activities and Nemo Link. Geographically, it generates maximum revenue from Germany, and the rest from Belgium, Other EU countries, North America, and Asia and Africa.
83GF Score

Get the complete analysis for CHIX:ELIB

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

€126.20
Price
€89.98
GF Value