Mears Group (CHIX:MERL) Change In Receivables: £-21 Mil (TTM As of Jun. 2026)

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CHIX:MERL Mears Group PLC CHIX:MERL
83 GF Score
Price £4.32
GF Value £4.28
Valuation Fairly Valued
! 7 Warning Signs
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What is Mears Group Change In Receivables?

Mears Group CHIX:MERL -0.63% 83 Change In Receivables is £-21 Mil as of Jun. 2026. GuruFocus rates CHIX:MERL with a GF Score™ of 83/100 and a GF Value™ of £4.28 (Fairly Valued). The stock has 7 warning signs investors should review.

Mears Group's change in receivables for the quarter that ended in Jun. 2026 was £-13 Mil. It means Mears Group's Accounts Receivable increased by £13 Mil from Dec. 2025 to Jun. 2026 .

Mears Group's change in receivables for the fiscal year that ended in Dec. 2025 was £-25 Mil. It means Mears Group's Accounts Receivable increased by £25 Mil from Dec. 2024 to Dec. 2025 .

Mears Group's Accounts Receivable for the quarter that ended in Jun. 2026 was £37 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. Mears Group's Days Sales Outstanding for the six months ended in Jun. 2026 was 12.20.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mears Group's liquidation value for the six months ended in Jun. 2026 was £-432 Mil.

Mears Group  (CHIX:MERl) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=37.424/559.959*91
=12.20

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

Mears Group'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)
=70.469-531.424+0.75 * 37.424+0.5 * 0.889
=-432

* 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.

Mears Group Change In Receivables Related Terms

Mears Group Change In Receivables Historical Data

* Premium members only.

The historical data trend for Mears 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.

Mears Group Change In Receivables Chart

Mears Group 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 -2.24 13.86 1.29 -7.02 -24.68

Mears Group 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 -6.89 -0.13 -16.76 -7.93 -13.10
CHIX:MERL
83GF Score
Mears Group PLC CHIX:MERL
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Mears 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 Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-21 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 £-21 Mil mean?
Mears Group (CHIX:MERL) has a Change In Receivables of £-21 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Mears Group and its competitors.
Is Mears Group's Change In Receivables too high?
Mears Group's current Change In Receivables is £-21 Mil. Overall, Mears Group has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mears Group's Change In Receivables compare to ROL and SCI?
Mears Group's Change In Receivables of £-21 Mil can be compared against companies in the Personal 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 Personal Services company?
A good Change In Receivables depends on the Personal 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 Mears Group and its competitors. Mears Group's current Change In Receivables is £-21 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mears Group stock overvalued right now?
Based on GuruFocus' analysis, Mears Group (CHIX:MERL) is currently considered Fairly Valued. The stock's GF Value™ is £4.28, compared to a current price of £4.32 — trading 0.9% above its estimated fair value. The current Change In Receivables is £-21 Mil. Mears Group'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 Mears Group (CHIX:MERL), the current Change In Receivables is £-21 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 Mears Group (CHIX:MERL) Overvalued in 2026?

Based on GuruFocus' analysis, Mears Group stock appears to be overvalued. The current stock price of £4.32 is trading 0.9% above its estimated GF Value™ of £4.28. GuruFocus considers Mears Group to be Fairly Valued.

Key valuation signals for CHIX:MERL:

  • Change In Receivables: £-21 Mil
  • GF Value™: £4.28 vs. price of £4.32 (0.9% above fair value)
  • GF Score™: 83/100 with 7 warning signs

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

Mears Group Business Description

Other Exchanges MER:UK
Address 5220 Valiant Court, 2nd Floor, Gloucester Business Park, Brockworth, Gloucester, GBR, GL3 4FE
Mears Group PLC is a UK-based company engaged in providing social housing repairs and maintenance. The company provides services consisting of full housing management solutions, provision of a range of outsourced services to the public and private sectors, repairs, maintenance, turnkey solutions for energy efficiency, development of new homes, and home improvements.
83GF Score

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

£4.32
Price
£4.28
GF Value