CPAY (Corpay) Change In Receivables: $-842 Mil (TTM As of Jun. 2026)

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CPAY Corpay Inc CPAY
93 GF Score
Price $417.60
GF Value $416.71
Valuation Fairly Valued
! 8 Warning Signs
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What is Corpay Change In Receivables?

Corpay CPAY -1.80% 93 Change In Receivables is $-842 Mil as of Jun. 2026. GuruFocus rates CPAY with a GF Score™ of 93/100 and a GF Value™ of $416.71 (Fairly Valued). The stock has 8 warning signs investors should review.

Corpay's change in receivables for the quarter that ended in Jun. 2026 was $-239 Mil. It means Corpay's Accounts Receivable increased by $239 Mil from Mar. 2026 to Jun. 2026 .

Corpay's change in receivables for the fiscal year that ended in Dec. 2025 was $-499 Mil. It means Corpay's Accounts Receivable increased by $499 Mil from Dec. 2024 to Dec. 2025 .

Corpay's Accounts Receivable for the quarter that ended in Jun. 2026 was $4,956 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. Corpay's Days Sales Outstanding for the three months ended in Jun. 2026 was 337.79.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Corpay's liquidation value for the three months ended in Jun. 2026 was $-17,442 Mil.


Corpay  (NYSE:CPAY) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4956.036/1338.809*91
=337.79

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

Corpay'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)
=3163.539-24322.215+0.75 * 4956.036+0.5 * 0
=-17,442

* 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.


Corpay Change In Receivables Related Terms


Corpay Change In Receivables Historical Data

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The historical data trend for Corpay'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.

Corpay Change In Receivables Chart

Corpay 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 -731.14 -598.67 -210.26 -176.93 -499.18

Corpay Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 -174.71 -192.85 434.02 -843.81 -239.05
CPAY
93GF Score
Corpay Inc CPAY
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Corpay 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 quarterly data reported by the company within the most recent 12 months, which was $-842 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 $-842 Mil mean?
Corpay (CPAY) has a Change In Receivables of $-842 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Corpay and its competitors.
Is Corpay's Change In Receivables too high?
Corpay's current Change In Receivables is $-842 Mil. Overall, Corpay has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Corpay's Change In Receivables compare to OKTA and MDB?
Corpay's Change In Receivables of $-842 Mil can be compared against companies in the Software 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 Software company?
A good Change In Receivables depends on the Software 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 Corpay and its competitors. Corpay's current Change In Receivables is $-842 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corpay stock overvalued right now?
Based on GuruFocus' analysis, Corpay (CPAY) is currently considered Fairly Valued. The stock's GF Value™ is $416.71, compared to a current price of $417.60 — trading 0.2% above its estimated fair value. The current Change In Receivables is $-842 Mil. Corpay's overall GF Score™ is 93/100 with 8 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 Corpay (CPAY), the current Change In Receivables is $-842 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 Corpay (CPAY) Overvalued in 2026?

Based on GuruFocus' analysis, Corpay stock appears to be overvalued. The current stock price of $417.60 is trading 0.2% above its estimated GF Value™ of $416.71. GuruFocus considers Corpay to be Fairly Valued.

Key valuation signals for CPAY:

  • Change In Receivables: $-842 Mil
  • GF Value™: $416.71 vs. price of $417.60 (0.2% above fair value)
  • GF Score™: 93/100 with 8 warning signs

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


Corpay Business Description

Address 3280 Peachtree Road, Suite 2400, Atlanta, GA, USA, 30305
Corpay Inc is a corporate payments company that helps businesses and consumers manage and pay their expenses. The company offers payment and spend management solutions, including accounts payable automation, cross-border payments, commercial card programs, vehicle payment solutions, and lodging payment services. Its reportable segments are: Corporate Payments, Vehicle Payments, Lodging Payments and Other. The majority of the company's revenue is derived from the Vehicle Payments segment, which helps customers to pay for vehicle related expenses. Geographically, it derives the maximum revenue from the United States and the rest from Brazil, the United Kingdom and other countries.
93GF Score

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

$417.60
Price
$416.71
GF Value