Hays (CHIX:HASL) Change In Receivables: £113 Mil (TTM As of Dec. 2025)

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CHIX:HASL Hays PLC CHIX:HASL
39 GF Score
Price £0.58
GF Value £0.77
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Hays Change In Receivables?

Hays CHIX:HASL -0.77% 39 Change In Receivables is £113 Mil as of Dec. 2025. GuruFocus rates CHIX:HASL with a GF Score™ of 39/100 and a GF Value™ of £0.77 (Modestly Undervalued). The stock has 10 warning signs investors should review.

Hays's change in receivables for the quarter that ended in Dec. 2025 was £111 Mil. It means Hays's Accounts Receivable declined by £111 Mil from Jun. 2025 to Dec. 2025 .

Hays's change in receivables for the fiscal year that ended in Jun. 2025 was £51 Mil. It means Hays's Accounts Receivable declined by £51 Mil from Jun. 2024 to Jun. 2025 .

Hays's Accounts Receivable for the quarter that ended in Dec. 2025 was £643 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. Hays's Days Sales Outstanding for the six months ended in Dec. 2025 was 36.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hays's liquidation value for the six months ended in Dec. 2025 was £-555 Mil.


Hays  (CHIX:HASl) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=643.1/3252.5*91
=36.08

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

Hays'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)
=169.9-1207+0.75 * 643.1+0.5 * 0
=-555

* 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.


Hays Change In Receivables Related Terms


Hays Change In Receivables Historical Data

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The historical data trend for Hays'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.

Hays Change In Receivables Chart

Hays Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -80.70 -259.40 -53.20 43.20 51.30

Hays 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 136.30 -93.10 49.00 2.30 110.60
CHIX:HASL
39GF Score
Hays PLC CHIX:HASL
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Hays 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 £113 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 £113 Mil mean?
Hays (CHIX:HASL) has a Change In Receivables of £113 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Hays and its competitors.
Is Hays' Change In Receivables too high?
Hays' current Change In Receivables is £113 Mil. Overall, Hays has a GF Score™ of 39/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hays' Change In Receivables compare to KFY and RHI?
Hays' Change In Receivables of £113 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 Hays and its competitors. Hays's current Change In Receivables is £113 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hays stock overvalued right now?
Based on GuruFocus' analysis, Hays (CHIX:HASL) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.77, compared to a current price of £0.58 — trading 24.3% below its estimated fair value. The current Change In Receivables is £113 Mil. Hays' overall GF Score™ is 39/100 with 10 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 Hays (CHIX:HASL), the current Change In Receivables is £113 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 Hays (CHIX:HASL) Overvalued in 2026?

Based on GuruFocus' analysis, Hays stock appears to be undervalued. The current stock price of £0.58 is trading 24.3% below its estimated GF Value™ of £0.77. GuruFocus considers Hays to be Modestly Undervalued.

Key valuation signals for CHIX:HASL:

  • Change In Receivables: £113 Mil
  • GF Value™: £0.77 vs. price of £0.58 (24.3% below fair value)
  • GF Score™: 39/100 with 10 warning signs

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


Hays Business Description

Other Exchanges HAYPY:USAHAS:UKHAY:Germany
Address 107 Cheapside, 4th Floor, London, GBR, EC2V 6DN
Hays PLC is a recruitment company, providing staffing solutions across various sectors, including information technology, construction, finance, education, and healthcare. The company generates revenue prominently through fees for placing candidates in permanent, temporary, and contract roles. It also offers workforce solutions such as recruitment process outsourcing, managed service programs, and advisory services. Hays operates its business in four regions: Germany, the United Kingdom & Ireland, Australia & New Zealand, and the Rest of the World. Its business model focuses on matching skilled professionals with employer needs through a network of recruitment consultants and digital platforms, without owning physical labor assets.
39GF Score

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

£0.58
Price
£0.77
GF Value