SSP Group (CHIX:SSPGL) Change In Receivables: £-16 Mil (TTM As of Mar. 2026)

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CHIX:SSPGL SSP Group PLC CHIX:SSPGL
83 GF Score
Price £2.06
GF Value £1.99
Valuation Fairly Valued
! 9 Warning Signs
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What is SSP Group Change In Receivables?

SSP Group CHIX:SSPGL +5.60% 83 Change In Receivables is £-16 Mil as of Mar. 2026. GuruFocus rates CHIX:SSPGL with a GF Score™ of 83/100 and a GF Value™ of £1.99 (Fairly Valued). The stock has 9 warning signs investors should review.

SSP Group's change in receivables for the quarter that ended in Mar. 2026 was £3 Mil. It means SSP Group's Accounts Receivable declined by £3 Mil from Sep. 2025 to Mar. 2026 .

SSP Group's change in receivables for the fiscal year that ended in Sep. 2025 was £-11 Mil. It means SSP Group's Accounts Receivable increased by £11 Mil from Sep. 2024 to Sep. 2025 .

SSP Group's Accounts Receivable for the quarter that ended in Mar. 2026 was £212 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. SSP Group's Days Sales Outstanding for the six months ended in Mar. 2026 was 21.94.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SSP Group's liquidation value for the six months ended in Mar. 2026 was £-2,780 Mil.

SSP Group  (CHIX:SSPGl) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=212/1763.4*91
=21.94

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

SSP Group'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)
=240.7-3203.2+0.75 * 212+0.5 * 47.3
=-2,780

* 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.

SSP Group Change In Receivables Related Terms

SSP Group Change In Receivables Historical Data

* Premium members only.

The historical data trend for SSP 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.

SSP Group Change In Receivables Chart

SSP Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.60 -45.90 -12.20 5.50 -11.20

SSP Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -3.00 8.50 7.30 -18.50 2.60
CHIX:SSPGL
83GF Score
SSP Group PLC CHIX:SSPGL
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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SSP 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-16 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 £-16 Mil mean?
SSP Group (CHIX:SSPGL) has a Change In Receivables of £-16 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for SSP Group and its competitors.
Is SSP Group's Change In Receivables too high?
SSP Group's current Change In Receivables is £-16 Mil. Overall, SSP 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 SSP Group's Change In Receivables compare to MCD and SBUX?
SSP Group's Change In Receivables of £-16 Mil can be compared against companies in the Restaurants 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 Restaurants company?
A good Change In Receivables depends on the Restaurants 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 SSP Group and its competitors. SSP Group's current Change In Receivables is £-16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSP Group stock overvalued right now?
Based on GuruFocus' analysis, SSP Group (CHIX:SSPGL) is currently considered Fairly Valued. The stock's GF Value™ is £1.99, compared to a current price of £2.06 — trading 3.3% above its estimated fair value. The current Change In Receivables is £-16 Mil. SSP Group's overall GF Score™ is 83/100 with 9 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 SSP Group (CHIX:SSPGL), the current Change In Receivables is £-16 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 SSP Group (CHIX:SSPGL) Overvalued in 2026?

Based on GuruFocus' analysis, SSP Group stock appears to be overvalued. The current stock price of £2.06 is trading 3.3% above its estimated GF Value™ of £1.99. GuruFocus considers SSP Group to be Fairly Valued.

Key valuation signals for CHIX:SSPGL:

  • Change In Receivables: £-16 Mil
  • GF Value™: £1.99 vs. price of £2.06 (3.3% above fair value)
  • GF Score™: 83/100 with 9 warning signs

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

SSP Group Business Description

Address 32 Jamestown Road, Jamestown Wharf, London, GBR, NW1 7HW
SSP Group PLC operates food and beverage units in travel locations such as airports and railway stations. Units range from coffee shops and sandwich bars to casual and fine-dining restaurants. Its units operate under more than 300 different brand names, including both proprietary brands and franchised brands, such as Starbucks and Burger King. Its segments include the UK and Ireland, Continental Europe, North America, and Asia Pacific and Eastern Europe & Middle East (APAC & EEME).
83GF Score

Get the complete analysis for CHIX:SSPGL

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

£2.06
Price
£1.99
GF Value