HBM Holdings (FRA:6XY) Change In Receivables: €2.6 Mil (TTM As of Dec. 2025)

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FRA:6XY HBM Holdings Ltd FRA:6XY
65 GF Score
Price €1.75
GF Value €0.77
Valuation Significantly Overvalued
! 5 Warning Signs
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What is HBM Holdings Change In Receivables?

HBM Holdings FRA:6XY +2.94% 65 Change In Receivables is €2.6 Mil as of Dec. 2025. GuruFocus rates FRA:6XY with a GF Score™ of 65/100 and a GF Value™ of €0.77 (Significantly Overvalued). The stock has 5 warning signs investors should review.

HBM Holdings's change in receivables for the quarter that ended in Dec. 2025 was €-0.3 Mil. It means HBM Holdings's Accounts Receivable increased by €0.3 Mil from Jun. 2025 to Dec. 2025 .

HBM Holdings's change in receivables for the fiscal year that ended in Dec. 2025 was €2.5 Mil. It means HBM Holdings's Accounts Receivable declined by €2.5 Mil from Dec. 2024 to Dec. 2025 .

HBM Holdings's Accounts Receivable for the quarter that ended in Dec. 2025 was €5.1 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. HBM Holdings's Days Sales Outstanding for the six months ended in Dec. 2025 was 19.10.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. HBM Holdings's liquidation value for the six months ended in Dec. 2025 was €236.0 Mil.

HBM Holdings  (FRA:6XY) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.064/48.388*91
=19.10

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

HBM Holdings'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)
=343.221-113.705+0.75 * 5.064+0.5 * 5.448
=236.0

* 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.

HBM Holdings Change In Receivables Related Terms

HBM Holdings Change In Receivables Historical Data

* Premium members only.

The historical data trend for HBM Holdings'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.

HBM Holdings Change In Receivables Chart

HBM Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial 0.91 -6.69 -41.45 40.97 2.52

HBM Holdings Semi-Annual Data
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 -41.40 47.25 -7.61 2.87 -0.31
FRA:6XY
65GF Score
HBM Holdings Ltd FRA:6XY
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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HBM Holdings 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 €2.6 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 €2.6 Mil mean?
HBM Holdings (FRA:6XY) has a Change In Receivables of €2.6 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for HBM Holdings and its competitors.
Is HBM Holdings' Change In Receivables too high?
HBM Holdings' current Change In Receivables is €2.6 Mil. Overall, HBM Holdings has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HBM Holdings' Change In Receivables compare to VRTX and REGN?
HBM Holdings' Change In Receivables of €2.6 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Change In Receivables depends on the Biotechnology 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 HBM Holdings and its competitors. HBM Holdings's current Change In Receivables is €2.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HBM Holdings stock overvalued right now?
Based on GuruFocus' analysis, HBM Holdings (FRA:6XY) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.77, compared to a current price of €1.75 — trading 127.3% above its estimated fair value. The current Change In Receivables is €2.6 Mil. HBM Holdings' overall GF Score™ is 65/100 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 HBM Holdings (FRA:6XY), the current Change In Receivables is €2.6 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 HBM Holdings (FRA:6XY) Overvalued in 2026?

Based on GuruFocus' analysis, HBM Holdings stock appears to be overvalued. The current stock price of €1.75 is trading 127.3% above its estimated GF Value™ of €0.77. GuruFocus considers HBM Holdings to be Significantly Overvalued.

Key valuation signals for FRA:6XY:

  • Change In Receivables: €2.6 Mil
  • GF Value™: €0.77 vs. price of €1.75 (127.3% above fair value)
  • GF Score™: 65/100 with 5 warning signs

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

HBM Holdings Business Description

Other Exchanges 02142:Hong Kong
Address No. 388 Fenglin Road, 6th Floor, Tower B, Fenglin International Phase I, Xuhui District, Shanghai, CHN, 200032
HBM Holdings Ltd is a clinical-stage biopharmaceutical company engaged in the discovery and development of differentiated antibody therapeutics in immunology and oncology disease areas. Its products under development are Batoclimab, for the treatment of a wide spectrum of autoimmune diseases; Tanfanercept, for the treatment of moderate-to-severe dry eye disease (DED); HBM4003; HBM9378, to prevent and treat COVID-19, the pandemic respiratory disease caused by the SARS-CoV-2 virus; HBM7008; and others. Its geographical segments are Mainland China, United States, Europe, and others. The majority of the revenue for the firm is generated from the Europe.
65GF Score

Get the complete analysis for FRA:6XY

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

€1.75
Price
€0.77
GF Value