Pandora AS (CHIX:PNDORC) Change In Receivables: kr-563 Mil (TTM As of Mar. 2026)

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CHIX:PNDORC Pandora AS CHIX:PNDORC
82 GF Score
Price kr815.60
GF Value kr1,212.97
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Pandora AS Change In Receivables?

Pandora AS CHIX:PNDORC 82 Change In Receivables is kr-563 Mil as of Mar. 2026. GuruFocus rates CHIX:PNDORC with a GF Score™ of 82/100 and a GF Value™ of kr1,212.97 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Pandora AS's change in receivables for the quarter that ended in Mar. 2026 was kr185 Mil. It means Pandora AS's Accounts Receivable declined by kr185 Mil from Dec. 2025 to Mar. 2026 .

Pandora AS's change in receivables for the fiscal year that ended in Dec. 2025 was kr-424 Mil. It means Pandora AS's Accounts Receivable increased by kr424 Mil from Dec. 2024 to Dec. 2025 .

Pandora AS's Accounts Receivable for the quarter that ended in Mar. 2026 was kr813 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. Pandora AS's Days Sales Outstanding for the three months ended in Mar. 2026 was 10.44.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Pandora AS's liquidation value for the three months ended in Mar. 2026 was kr-20,857 Mil.


Pandora AS  (CHIX:PNDORc) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=813/7109*91
=10.44

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

Pandora AS'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)
=826-24934+0.75 * 813+0.5 * 5283
=-20,857

* 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.


Pandora AS Change In Receivables Related Terms


Pandora AS Change In Receivables Historical Data

* Premium members only.

The historical data trend for Pandora AS'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.

Pandora AS Change In Receivables Chart

Pandora AS 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 -77.00 -531.00 56.00 106.00 -424.00

Pandora AS 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 323.00 114.00 -87.00 -775.00 185.00
CHIX:PNDORC
82GF Score
Pandora AS CHIX:PNDORC
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Pandora AS 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 kr-563 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 kr-563 Mil mean?
Pandora AS (CHIX:PNDORC) has a Change In Receivables of kr-563 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Pandora AS and its competitors.
Is Pandora AS's Change In Receivables too high?
Pandora AS's current Change In Receivables is kr-563 Mil. Overall, Pandora AS has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pandora AS's Change In Receivables compare to TPR and SIG?
Pandora AS's Change In Receivables of kr-563 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Change In Receivables depends on the Retail - Cyclical 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 Pandora AS and its competitors. Pandora AS's current Change In Receivables is kr-563 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pandora AS stock overvalued right now?
Based on GuruFocus' analysis, Pandora AS (CHIX:PNDORC) is currently considered Significantly Undervalued. The stock's GF Value™ is kr1,212.97, compared to a current price of kr815.60 — trading 32.8% below its estimated fair value. The current Change In Receivables is kr-563 Mil. Pandora AS's overall GF Score™ is 82/100 with 3 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 Pandora AS (CHIX:PNDORC), the current Change In Receivables is kr-563 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 Pandora AS (CHIX:PNDORC) Overvalued in 2026?

Based on GuruFocus' analysis, Pandora AS stock appears to be undervalued. The current stock price of kr815.60 is trading 32.8% below its estimated GF Value™ of kr1,212.97. GuruFocus considers Pandora AS to be Significantly Undervalued.

Key valuation signals for CHIX:PNDORC:

  • Change In Receivables: kr-563 Mil
  • GF Value™: kr1,212.97 vs. price of kr815.60 (32.8% below fair value)
  • GF Score™: 82/100 with 3 warning signs

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


Pandora AS Business Description

Address Havneholmen 17-19, Copenhagen, DNK, DK-1561
Pandora is a premium jewelry brand and the market leader in the charm bracelet category. The company was established in the 1980s in Denmark and since then has expanded globally. Pandora has over 2,700 concept stores globally (2,000 owned and operated, and the remainder run by its franchise partners) as well as multibrand locations and stores-in-stores. Pandora owned retail accounts for over 80% and wholesale for the remainder. Charms and bracelets account for almost three-fourths of its sales. The firm produces mostly internally in two jewelry-crafting facilities in Thailand.
82GF Score

Get the complete analysis for CHIX:PNDORC

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

kr815.60
Price
kr1,212.97
GF Value