Infroneer Holdings (FRA:96L) Change In Receivables: €240 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:96L Infroneer Holdings Inc FRA:96L
43 GF Score
Price €14.20
GF Value €11.16
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Infroneer Holdings Change In Receivables?

Infroneer Holdings FRA:96L +1.43% 43 Change In Receivables is €240 Mil as of Jun. 2026. GuruFocus rates FRA:96L with a GF Score™ of 43/100 and a GF Value™ of €11.16 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Infroneer Holdings's change in receivables for the quarter that ended in Jun. 2026 was €469 Mil. It means Infroneer Holdings's Accounts Receivable declined by €469 Mil from Mar. 2026 to Jun. 2026 .

Infroneer Holdings's change in receivables for the fiscal year that ended in Mar. 2026 was €226 Mil. It means Infroneer Holdings's Accounts Receivable declined by €226 Mil from Mar. 2025 to Mar. 2026 .

Infroneer Holdings's Accounts Receivable for the quarter that ended in Jun. 2026 was €863 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. Infroneer Holdings's Days Sales Outstanding for the three months ended in Jun. 2026 was 47.29.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Infroneer Holdings's liquidation value for the three months ended in Jun. 2026 was €-4,613 Mil.


Infroneer Holdings  (FRA:96L) 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.

Infroneer Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=862.817/1664.868*91
=47.29

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

Infroneer Holdings'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)
=2000.995-7309.524+0.75 * 862.817+0.5 * 97.091
=-4,613

* 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.


Infroneer Holdings Change In Receivables Related Terms


Infroneer Holdings Change In Receivables Historical Data

* Premium members only.

The historical data trend for Infroneer 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.

Infroneer Holdings Change In Receivables Chart

Infroneer Holdings Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Change In Receivables
-308.07 118.38 -325.37 -100.15 226.10

Infroneer Holdings Quarterly Data
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 492.90 -98.39 -407.37 276.84 468.52
FRA:96L
43GF Score
Infroneer Holdings Inc FRA:96L
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Infroneer 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €240 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 €240 Mil mean?
Infroneer Holdings (FRA:96L) has a Change In Receivables of €240 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Infroneer Holdings and its competitors.
Is Infroneer Holdings' Change In Receivables too high?
Infroneer Holdings' current Change In Receivables is €240 Mil. Overall, Infroneer Holdings has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Infroneer Holdings' Change In Receivables compare to PWR and FIX?
Infroneer Holdings' Change In Receivables of €240 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 Infroneer Holdings and its competitors. Infroneer Holdings's current Change In Receivables is €240 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Infroneer Holdings stock overvalued right now?
Based on GuruFocus' analysis, Infroneer Holdings (FRA:96L) is currently considered Modestly Overvalued. The stock's GF Value™ is €11.16, compared to a current price of €14.20 — trading 27.2% above its estimated fair value. The current Change In Receivables is €240 Mil. Infroneer Holdings' overall GF Score™ is 43/100 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 Infroneer Holdings (FRA:96L), the current Change In Receivables is €240 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.

Is Infroneer Holdings (FRA:96L) Overvalued in 2026?

Based on GuruFocus' analysis, Infroneer Holdings stock appears to be overvalued. The current stock price of €14.20 is trading 27.2% above its estimated GF Value™ of €11.16. GuruFocus considers Infroneer Holdings to be Modestly Overvalued.

Key valuation signals for FRA:96L:

  • Change In Receivables: €240 Mil
  • GF Value™: €11.16 vs. price of €14.20 (27.2% above fair value)
  • GF Score™: 43/100 with 4 warning signs

No single metric tells the full story. See the FRA:96L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Infroneer Holdings Business Description

Other Exchanges 5076:Japan
Address 2-10-2 Fujimi, Chiyoda-ku, Tokyo, JPN, 102-0071
Infroneer Holdings Inc is a Japan-based company engaged in construction and infrastructure-related businesses. The company operates through five segments: the Construction Business, which handles construction work for apartment complexes, factories, and logistics facilities; the Civil Engineering Business, which focuses on bridges, tunnels, and related projects; the Paving Business, which conducts paving work and manufactures asphalt mixtures; the Machinery Business, which involves the sale and rental of construction machinery; and the Infrastructure Operation Business, which is engaged in concession projects and renewable energy-related operations including the development, maintenance, and management of public infrastructure. It generates majority of revenue from Construction segment.
43GF Score

Get the complete analysis for FRA:96L

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

€14.20
Price
€11.16
GF Value