Horizon Bancorp (IN) (FRA:4WC) Change In Receivables: €7.95 Mil (TTM As of Jun. 2026)

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FRA:4WC Horizon Bancorp (IN) FRA:4WC
36 GF Score
Price €15.60
! 4 Warning Signs
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What is Horizon Bancorp (IN) Change In Receivables?

Horizon Bancorp (IN) FRA:4WC -9.83% 36 Change In Receivables is €7.95 Mil as of Jun. 2026. GuruFocus rates FRA:4WC with a GF Score™ of 36/100. The stock has 4 warning signs investors should review.

Horizon Bancorp (IN)'s change in receivables for the quarter that ended in Jun. 2026 was €-1.18 Mil. It means Horizon Bancorp (IN)'s Accounts Receivable increased by €1.18 Mil from Mar. 2026 to Jun. 2026 .

Horizon Bancorp (IN)'s change in receivables for the fiscal year that ended in Dec. 2025 was €8.55 Mil. It means Horizon Bancorp (IN)'s Accounts Receivable declined by €8.55 Mil from Dec. 2024 to Dec. 2025 .

Horizon Bancorp (IN)'s Accounts Receivable for the quarter that ended in Jun. 2026 was €26.37 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. Horizon Bancorp (IN)'s Days Sales Outstanding for the three months ended in Jun. 2026 was 37.41.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Horizon Bancorp (IN)'s liquidation value for the three months ended in Jun. 2026 was €-4,407.08 Mil.

Horizon Bancorp (IN)  (FRA:4WC) 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.

Horizon Bancorp (IN)'s Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=26.367/64.308*91
=37.41

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

Horizon Bancorp (IN)'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)
=649.184-5076.039+0.75 * 26.367+0.5 * 0
=-4,407.08

* 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.

Horizon Bancorp (IN) Change In Receivables Related Terms

Horizon Bancorp (IN) Change In Receivables Historical Data

* Premium members only.

The historical data trend for Horizon Bancorp (IN)'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.

Horizon Bancorp (IN) Change In Receivables Chart

Horizon Bancorp (IN) 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 -3.74 -8.64 -3.13 -0.99 8.55

Horizon Bancorp (IN) 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 -0.93 9.35 -0.83 0.62 -1.18
FRA:4WC
36GF Score
Horizon Bancorp (IN) FRA:4WC
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Horizon Bancorp (IN) 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 €7.95 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 €7.95 Mil mean?
Horizon Bancorp (IN) (FRA:4WC) has a Change In Receivables of €7.95 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Horizon Bancorp (IN) and its competitors.
Is Horizon Bancorp (IN)'s Change In Receivables too high?
Horizon Bancorp (IN)'s current Change In Receivables is €7.95 Mil. Overall, Horizon Bancorp (IN) has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Horizon Bancorp (IN)'s Change In Receivables compare to CCNE and EQBK?
Horizon Bancorp (IN)'s Change In Receivables of €7.95 Mil can be compared against companies in the Banks 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 Banks company?
A good Change In Receivables depends on the Banks 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 Horizon Bancorp (IN) and its competitors. Horizon Bancorp (IN)'s current Change In Receivables is €7.95 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Bancorp (IN) stock overvalued right now?
Horizon Bancorp (IN) (FRA:4WC) has a current Change In Receivables of €7.95 Mil. The current Change In Receivables is €7.95 Mil. Horizon Bancorp (IN)'s overall GF Score™ is 36/100 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 Horizon Bancorp (IN) (FRA:4WC), the current Change In Receivables is €7.95 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.

Horizon Bancorp (IN) Business Description

Other Exchanges HBNC:USA
Address 515 Franklin Street, Michigan City, IN, USA, 46360
Horizon Bancorp (IN) is a United States-based holding company providing banking services. It is engaged in providing commercial and retail banking services, corporate and individual trust and agency services, and other services incident to banking. The company also provides commercial loans, real estate loans, mortgage warehouse loans, consumer loans, and other credit facilities. The company has one principal business segment, commercial banking.
36GF Score

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

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