Softcat (CHIX:SCTL) Change In Receivables: £-304 Mil (TTM As of Jan. 2026)

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CHIX:SCTL Softcat PLC CHIX:SCTL
81 GF Score
Price £20.35
GF Value £26.01
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Softcat Change In Receivables?

Softcat CHIX:SCTL +2.21% 81 Change In Receivables is £-304 Mil as of Jan. 2026. GuruFocus rates CHIX:SCTL with a GF Score™ of 81/100 and a GF Value™ of £26.01 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Softcat's change in receivables for the quarter that ended in Jan. 2026 was £-127 Mil. It means Softcat's Accounts Receivable increased by £127 Mil from Jul. 2025 to Jan. 2026 .

Softcat's change in receivables for the fiscal year that ended in Jul. 2025 was £-199 Mil. It means Softcat's Accounts Receivable increased by £199 Mil from Jul. 2024 to Jul. 2025 .

Softcat's Accounts Receivable for the quarter that ended in Jan. 2026 was £640 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. Softcat's Days Sales Outstanding for the six months ended in Jan. 2026 was 139.43.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Softcat's liquidation value for the six months ended in Jan. 2026 was £-227 Mil.


Softcat  (CHIX:SCTl) 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.

Softcat's Days Sales Outstanding for the quarter that ended in Jan. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=639.861/837.544*91
=139.43

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

Softcat's liquidation value for the quarter that ended in Jan. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=206.011-919.955+0.75 * 639.861+0.5 * 14.557
=-227

* 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.


Softcat Change In Receivables Related Terms


Softcat Change In Receivables Historical Data

* Premium members only.

The historical data trend for Softcat'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.

Softcat Change In Receivables Chart

Softcat Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.54 -211.69 51.38 -95.26 -199.32

Softcat Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 -6.78 -88.48 -22.87 -176.46 -127.07
CHIX:SCTL
81GF Score
Softcat PLC CHIX:SCTL
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Softcat 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 Jan. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-304 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 £-304 Mil mean?
Softcat (CHIX:SCTL) has a Change In Receivables of £-304 Mil as of Jan. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Softcat and its competitors.
Is Softcat's Change In Receivables too high?
Softcat's current Change In Receivables is £-304 Mil. Overall, Softcat has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Softcat's Change In Receivables compare to SNX and ARW?
Softcat's Change In Receivables of £-304 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Change In Receivables depends on the Hardware 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 Softcat and its competitors. Softcat's current Change In Receivables is £-304 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Softcat stock overvalued right now?
Based on GuruFocus' analysis, Softcat (CHIX:SCTL) is currently considered Modestly Undervalued. The stock's GF Value™ is £26.01, compared to a current price of £20.35 — trading 21.8% below its estimated fair value. The current Change In Receivables is £-304 Mil. Softcat's overall GF Score™ is 81/100 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 Softcat (CHIX:SCTL), the current Change In Receivables is £-304 Mil as of Jan. 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 Softcat (CHIX:SCTL) Overvalued in 2026?

Based on GuruFocus' analysis, Softcat stock appears to be undervalued. The current stock price of £20.35 is trading 21.8% below its estimated GF Value™ of £26.01. GuruFocus considers Softcat to be Modestly Undervalued.

Key valuation signals for CHIX:SCTL:

  • Change In Receivables: £-304 Mil
  • GF Value™: £26.01 vs. price of £20.35 (21.8% below fair value)
  • GF Score™: 81/100 with 5 warning signs

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


Softcat Business Description

Other Exchanges SCT:UKSF5:Germany
Address Fieldhouse Lane, Solar House, Marlow, Buckinghamshire, GBR, SL7 1LW
Softcat PLC is an information technology infrastructure and service provider offering software licensing, workplace technology, networking and security, and cloud and data center solutions to corporates, public sector organizations, and small to medium-sized businesses, with the latter being the main business provider. It earns revenue from software, hardware, and services, including its own services, with the majority derived from software products. Its solutions include Workspace, Cyber Security, Networking and Connectivity, Data, Automation and AI, and Hybrid Cloud Solutions. The company serves Small to Medium Businesses, Enterprise, Multinational Services, and the Public Sector including healthcare, education, government, defence, police, and emergency services.
81GF Score

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

£20.35
Price
£26.01
GF Value