FNCSF (North American Financial 15 Split) Change In Receivables: $0.1 Mil (TTM As of May. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FNCSF North American Financial 15 Split Corp FNCSF
36 GF Score
Price $7.65
! 5 Warning Signs
View Full Analysis

What is North American Financial 15 Split Change In Receivables?

North American Financial 15 Split FNCSF 36 Change In Receivables is $0.1 Mil as of May. 2026. GuruFocus rates FNCSF with a GF Score™ of 36/100. The stock has 5 warning signs investors should review.

North American Financial 15 Split's change in receivables for the quarter that ended in May. 2026 was $-0.0 Mil. It means North American Financial 15 Split's Accounts Receivable increased by $0.0 Mil from Nov. 2025 to May. 2026 .

North American Financial 15 Split's change in receivables for the fiscal year that ended in Nov. 2025 was $-0.1 Mil. It means North American Financial 15 Split's Accounts Receivable increased by $0.1 Mil from Nov. 2024 to Nov. 2025 .

North American Financial 15 Split's Accounts Receivable for the quarter that ended in May. 2026 was $0.0 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. North American Financial 15 Split's Days Sales Outstanding for the six months ended in May. 2026 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. North American Financial 15 Split's liquidation value for the six months ended in May. 2026 was $-396.3 Mil.


North American Financial 15 Split  (OTCPK:FNCSF) 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.

North American Financial 15 Split's Days Sales Outstanding for the quarter that ended in May. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/109.065*91
=0.00

2. In Ben Graham's calculation of liquidation value, North American Financial 15 Split's accounts receivable are only considered to be worth 75% of book value:

North American Financial 15 Split's liquidation value for the quarter that ended in May. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=56.041-452.313+0.75 * 0+0.5 * 0
=-396.3

* 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.


North American Financial 15 Split Change In Receivables Related Terms


North American Financial 15 Split Change In Receivables Historical Data

* Premium members only.

The historical data trend for North American Financial 15 Split'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.

North American Financial 15 Split Change In Receivables Chart

North American Financial 15 Split Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.29 -0.67 -0.45 0.50 -0.06

North American Financial 15 Split Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 0.22 0.28 -0.25 0.18 -0.03
FNCSF
36GF Score
North American Financial 15 Split Corp FNCSF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

North American Financial 15 Split 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 May. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.1 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 $0.1 Mil mean?
North American Financial 15 Split (FNCSF) has a Change In Receivables of $0.1 Mil as of May. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for North American Financial 15 Split and its competitors.
Is North American Financial 15 Split's Change In Receivables too high?
North American Financial 15 Split's current Change In Receivables is $0.1 Mil. Overall, North American Financial 15 Split has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does North American Financial 15 Split's Change In Receivables compare to BLK and BX?
North American Financial 15 Split's Change In Receivables of $0.1 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Change In Receivables depends on the Asset Management 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 North American Financial 15 Split and its competitors. North American Financial 15 Split's current Change In Receivables is $0.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North American Financial 15 Split stock overvalued right now?
North American Financial 15 Split (FNCSF) has a current Change In Receivables of $0.1 Mil. The current Change In Receivables is $0.1 Mil. North American Financial 15 Split's overall GF Score™ is 36/100 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 North American Financial 15 Split (FNCSF), the current Change In Receivables is $0.1 Mil as of May. 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.

North American Financial 15 Split Business Description

Address 200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2
North American Financial 15 Split Corp is a mutual fund corporation. It invests in an actively managed portfolio of common shares comprised of core large-capitalization Canadian and United States financial services companies. It also invests in equity securities of issuers. The company's investment objective is to provide holders of Preferred Shares with cumulative preferential monthly cash dividends and to provide holders of Class A shares with regular monthly cash distributions.
36GF Score

Get the complete analysis for FNCSF

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

$7.65
Price