Bird Construction (FRA:6LT) Change In Receivables: €-36 Mil (TTM As of Mar. 2026)

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FRA:6LT Bird Construction Inc FRA:6LT
67 GF Score
Price €46.60
GF Value €16.00
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Bird Construction Change In Receivables?

Bird Construction FRA:6LT -1.56% 67 Change In Receivables is €-36 Mil as of Mar. 2026. GuruFocus rates FRA:6LT with a GF Score™ of 67/100 and a GF Value™ of €16.00 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Bird Construction's change in receivables for the quarter that ended in Mar. 2026 was €-6 Mil. It means Bird Construction's Accounts Receivable increased by €6 Mil from Dec. 2025 to Mar. 2026 .

Bird Construction's change in receivables for the fiscal year that ended in Dec. 2025 was €9 Mil. It means Bird Construction's Accounts Receivable declined by €9 Mil from Dec. 2024 to Dec. 2025 .

Bird Construction's Accounts Receivable for the quarter that ended in Mar. 2026 was €185 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. Bird Construction's Days Sales Outstanding for the three months ended in Mar. 2026 was 34.14.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Bird Construction's liquidation value for the three months ended in Mar. 2026 was €-762 Mil.


Bird Construction  (FRA:6LT) 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.

Bird Construction's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=184.778/493.887*91
=34.14

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

Bird Construction's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=26.734-935.721+0.75 * 184.778+0.5 * 15.849
=-762

* 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.


Bird Construction Change In Receivables Related Terms


Bird Construction Change In Receivables Historical Data

* Premium members only.

The historical data trend for Bird Construction'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.

Bird Construction Change In Receivables Chart

Bird Construction 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 -39.20 -76.34 -122.98 -65.92 9.15

Bird Construction Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 39.68 -49.12 -55.24 74.49 -6.01
FRA:6LT
67GF Score
Bird Construction Inc FRA:6LT
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Bird Construction 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-36 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 €-36 Mil mean?
Bird Construction (FRA:6LT) has a Change In Receivables of €-36 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Bird Construction and its competitors.
Is Bird Construction's Change In Receivables too high?
Bird Construction's current Change In Receivables is €-36 Mil. Overall, Bird Construction has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bird Construction's Change In Receivables compare to PWR and FIX?
Bird Construction's Change In Receivables of €-36 Mil can be compared against companies in the Construction 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 Construction company?
A good Change In Receivables depends on the Construction 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 Bird Construction and its competitors. Bird Construction's current Change In Receivables is €-36 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bird Construction stock overvalued right now?
Based on GuruFocus' analysis, Bird Construction (FRA:6LT) is currently considered Significantly Overvalued. The stock's GF Value™ is €16.00, compared to a current price of €46.60 — trading 191.3% above its estimated fair value. The current Change In Receivables is €-36 Mil. Bird Construction's overall GF Score™ is 67/100 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 Bird Construction (FRA:6LT), the current Change In Receivables is €-36 Mil as of Mar. 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 Bird Construction (FRA:6LT) Overvalued in 2026?

Based on GuruFocus' analysis, Bird Construction stock appears to be overvalued. The current stock price of €46.60 is trading 191.3% above its estimated GF Value™ of €16.00. GuruFocus considers Bird Construction to be Significantly Overvalued.

Key valuation signals for FRA:6LT:

  • Change In Receivables: €-36 Mil
  • GF Value™: €16.00 vs. price of €46.60 (191.3% above fair value)
  • GF Score™: 67/100 with 8 warning signs

No single metric tells the full story. See the FRA:6LT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bird Construction Business Description

Address 5700 Explorer Drive, Suite 400, Mississauga, ON, CAN, L4W 0C6
Bird Construction Inc. is a construction company operating from coast to coast and servicing all Canada's markets. The group provides a comprehensive range of construction services, self-perform capabilities, and solutions to the industrial, buildings, and infrastructure markets. The Company uses a variety of contract delivery methods including construction management, cost reimbursable, integrated project delivery (IPD), alliance agreement, progressive design-build - target price, progressive design build, design-build finance, design-build, stipulated sum, unit price, and public private partnership (PPP) contract delivery methods.
67GF Score

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

€46.60
Price
€16.00
GF Value