Shepherd Neame (FRA:43Y) Change In Receivables: €2.0 Mil (TTM As of Dec. 2025)

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:43Y Shepherd Neame Ltd FRA:43Y
77 GF Score
Price €5.25
GF Value €7.02
! 4 Warning Signs
View Full Analysis

What is Shepherd Neame Change In Receivables?

Shepherd Neame FRA:43Y -1.87% 77 Change In Receivables is €2.0 Mil as of Dec. 2025. GuruFocus rates FRA:43Y with a GF Score™ of 77/100 and a GF Value™ of €7.02. The stock has 4 warning signs investors should review.

Shepherd Neame's change in receivables for the quarter that ended in Dec. 2025 was €1.4 Mil. It means Shepherd Neame's Accounts Receivable declined by €1.4 Mil from Jun. 2025 to Dec. 2025 .

Shepherd Neame's change in receivables for the fiscal year that ended in Jun. 2025 was €-0.7 Mil. It means Shepherd Neame's Accounts Receivable increased by €0.7 Mil from Jun. 2024 to Jun. 2025 .

Shepherd Neame's Accounts Receivable for the quarter that ended in Dec. 2025 was €17.1 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. Shepherd Neame's Days Sales Outstanding for the six months ended in Dec. 2025 was 32.31.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shepherd Neame's liquidation value for the six months ended in Dec. 2025 was €-186.5 Mil.

Shepherd Neame  (FRA:43Y) 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.

Shepherd Neame's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=17.139/96.799*91
=32.31

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

Shepherd Neame's liquidation value for the quarter that ended in Dec. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.481-204.825+0.75 * 17.139+0.5 * 9.903
=-186.5

* 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.

Shepherd Neame Change In Receivables Related Terms

Shepherd Neame Change In Receivables Historical Data

* Premium members only.

The historical data trend for Shepherd Neame'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.

Shepherd Neame Change In Receivables Chart

Shepherd Neame Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.15 -2.61 -2.28 4.38 -0.75

Shepherd Neame Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -3.12 7.55 -1.43 0.64 1.39
FRA:43Y
77GF Score
Shepherd Neame Ltd FRA:43Y
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shepherd Neame 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €2.0 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 €2.0 Mil mean?
Shepherd Neame (FRA:43Y) has a Change In Receivables of €2.0 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Shepherd Neame and its competitors.
Is Shepherd Neame's Change In Receivables too high?
Shepherd Neame's current Change In Receivables is €2.0 Mil. Overall, Shepherd Neame has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Shepherd Neame's Change In Receivables compare to MCD and SBUX?
Shepherd Neame's Change In Receivables of €2.0 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 Shepherd Neame and its competitors. Shepherd Neame's current Change In Receivables is €2.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shepherd Neame stock overvalued right now?
Shepherd Neame (FRA:43Y) has a current Change In Receivables of €2.0 Mil. The stock's GF Value™ is €7.02, compared to a current price of €5.25 — trading 25.2% below its estimated fair value. The current Change In Receivables is €2.0 Mil. Shepherd Neame's overall GF Score™ is 77/100 with 4 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 Shepherd Neame (FRA:43Y), the current Change In Receivables is €2.0 Mil as of Dec. 2025. 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 Shepherd Neame (FRA:43Y) Overvalued in 2026?

Based on GuruFocus' analysis, Shepherd Neame stock appears to be undervalued. The current stock price of €5.25 is trading 25.2% below its estimated GF Value™ of €7.02.

Key valuation signals for FRA:43Y:

  • Change In Receivables: €2.0 Mil
  • GF Value™: €7.02 vs. price of €5.25 (25.2% below fair value)
  • GF Score™: 77/100 with 4 warning signs

No single metric tells the full story. See the FRA:43Y stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shepherd Neame Business Description

Other Exchanges SHEP:UK
Address 17 Court Street, Faversham, Kent, GBR, ME13 7AX
Shepherd Neame Ltd brews and packages beer, wholesales and retails beer, cider, wines, spirits, and minerals, owns property and public houses, and provides hotel management services. Its segments are Brewing and Brands, Retail Pubs and Hotels, and Tenanted Pubs, with the majority of revenue coming from Retail Pubs and Hotels. The company brews and distributes its own beers, including Spitfire, Bishops Finger, Whitstable Bay, Bear Island, Creekside IPA, First Drop Session IPA, and Iron Wharf Stout. It also brews licensed international lagers like Singha. The company operates in the UK and internationally, with the majority of revenue coming from the UK.
77GF Score

Get the complete analysis for FRA:43Y

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

€5.25
Price
€7.02
GF Value