Two Harbors Investment (FRA:2H2) Change In Receivables: €11.7 Mil (TTM As of Jun. 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.

FRA:2H2 Two Harbors Investment Corp FRA:2H2
31 GF Score
Price €10.47
! 5 Warning Signs
View Full Analysis

What is Two Harbors Investment Change In Receivables?

Two Harbors Investment FRA:2H2 31 Change In Receivables is €11.7 Mil as of Jun. 2026. GuruFocus rates FRA:2H2 with a GF Score™ of 31/100. The stock has 5 warning signs investors should review.

Two Harbors Investment's change in receivables for the quarter that ended in Jun. 2026 was €5.9 Mil. It means Two Harbors Investment's Accounts Receivable declined by €5.9 Mil from Mar. 2026 to Jun. 2026 .

Two Harbors Investment's change in receivables for the fiscal year that ended in Dec. 2025 was €3.5 Mil. It means Two Harbors Investment's Accounts Receivable declined by €3.5 Mil from Dec. 2024 to Dec. 2025 .

Two Harbors Investment's Accounts Receivable for the quarter that ended in Jun. 2026 was €20.1 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. Two Harbors Investment's Days Sales Outstanding for the three months ended in Jun. 2026 was 17.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Two Harbors Investment's liquidation value for the three months ended in Jun. 2026 was €-5,578.2 Mil.

Two Harbors Investment  (FRA:2H2) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=20.086/103.807*91
=17.66

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

Two Harbors Investment'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)
=557.921-6151.155+0.75 * 20.086+0.5 * 0
=-5,578.2

* 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.

Two Harbors Investment Change In Receivables Related Terms

Two Harbors Investment Change In Receivables Historical Data

* Premium members only.

The historical data trend for Two Harbors Investment'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.

Two Harbors Investment Change In Receivables Chart

Two Harbors Investment 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 18.50 -9.21 0.62 1.92 3.50

Two Harbors Investment 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 2.18 7.19 -0.77 -0.60 5.88
FRA:2H2
31GF Score
Two Harbors Investment Corp FRA:2H2
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Two Harbors Investment 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 €11.7 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 €11.7 Mil mean?
Two Harbors Investment (FRA:2H2) has a Change In Receivables of €11.7 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Two Harbors Investment and its competitors.
Is Two Harbors Investment's Change In Receivables too high?
Two Harbors Investment's current Change In Receivables is €11.7 Mil. Overall, Two Harbors Investment has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Two Harbors Investment's Change In Receivables compare to LADR and ORC?
Two Harbors Investment's Change In Receivables of €11.7 Mil can be compared against companies in the REITs 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 REITs company?
A good Change In Receivables depends on the REITs 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 Two Harbors Investment and its competitors. Two Harbors Investment's current Change In Receivables is €11.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Two Harbors Investment stock overvalued right now?
Two Harbors Investment (FRA:2H2) has a current Change In Receivables of €11.7 Mil. The current Change In Receivables is €11.7 Mil. Two Harbors Investment's overall GF Score™ is 31/100 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 Two Harbors Investment (FRA:2H2), the current Change In Receivables is €11.7 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.

Two Harbors Investment Business Description

Industry Real EstateREITs
Address 1601 Utica Avenue South, Suite 900, St. Louis Park, MN, USA, 55416
Two Harbors Investment Corp is a real estate investment trust focused on investing in, financing, and managing residential mortgage-backed securities, residential mortgage loans, mortgage servicing rights, and commercial real estate. The majority of its investment portfolio is split between agency RMBS purchased from government-sponsored enterprises and nonagency RMBS. The company derives revenues mainly from its MSR and Agency RMBS portfolio, including servicing fee income, float income, and interest income, as well as mortgage loan origination activities established to support the MSR portfolio. Its investment portfolio is subject to market risks, mainly interest rate, basis, and prepayment risk. The majority of income is generated by available-for-sale securities.
31GF Score

Get the complete analysis for FRA:2H2

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

€10.47
Price