Erbud (FRA:9DP) Change In Receivables: €-15.0 Mil (TTM As of Mar. 2026)

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FRA:9DP Erbud SA FRA:9DP
67 GF Score
Price €4.86
GF Value €7.49
Valuation Significantly Undervalued
! 8 Warning Signs
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What is Erbud Change In Receivables?

Erbud FRA:9DP -0.10% 67 Change In Receivables is €-15.0 Mil as of Mar. 2026. GuruFocus rates FRA:9DP with a GF Score™ of 67/100 and a GF Value™ of €7.49 (Significantly Undervalued). The stock has 8 warning signs investors should review.

Erbud's change in receivables for the quarter that ended in Mar. 2026 was €8.5 Mil. It means Erbud's Accounts Receivable declined by €8.5 Mil from Dec. 2025 to Mar. 2026 .

Erbud's change in receivables for the fiscal year that ended in Dec. 2025 was €-7.0 Mil. It means Erbud's Accounts Receivable increased by €7.0 Mil from Dec. 2024 to Dec. 2025 .

Erbud's Accounts Receivable for the quarter that ended in Mar. 2026 was €119.8 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. Erbud's Days Sales Outstanding for the three months ended in Mar. 2026 was 79.48.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Erbud's liquidation value for the three months ended in Mar. 2026 was €-169.4 Mil.


Erbud  (FRA:9DP) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=119.817/137.564*91
=79.48

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

Erbud'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)
=39.364-321.885+0.75 * 119.817+0.5 * 46.486
=-169.4

* 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.


Erbud Change In Receivables Related Terms


Erbud Change In Receivables Historical Data

* Premium members only.

The historical data trend for Erbud'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.

Erbud Change In Receivables Chart

Erbud 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 -59.41 -21.44 33.42 13.18 -7.01

Erbud 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 -11.49 -23.59 0.00 0.00 8.54
FRA:9DP
67GF Score
Erbud SA FRA:9DP
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Erbud 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 €-15.0 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 €-15.0 Mil mean?
Erbud (FRA:9DP) has a Change In Receivables of €-15.0 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Erbud and its competitors.
Is Erbud's Change In Receivables too high?
Erbud's current Change In Receivables is €-15.0 Mil. Overall, Erbud has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Erbud's Change In Receivables compare to PWR and FIX?
Erbud's Change In Receivables of €-15.0 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 Erbud and its competitors. Erbud's current Change In Receivables is €-15.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erbud stock overvalued right now?
Based on GuruFocus' analysis, Erbud (FRA:9DP) is currently considered Significantly Undervalued. The stock's GF Value™ is €7.49, compared to a current price of €4.86 — trading 35.2% below its estimated fair value. The current Change In Receivables is €-15.0 Mil. Erbud'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 Erbud (FRA:9DP), the current Change In Receivables is €-15.0 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 Erbud (FRA:9DP) Overvalued in 2026?

Based on GuruFocus' analysis, Erbud stock appears to be undervalued. The current stock price of €4.86 is trading 35.2% below its estimated GF Value™ of €7.49. GuruFocus considers Erbud to be Significantly Undervalued.

Key valuation signals for FRA:9DP:

  • Change In Receivables: €-15.0 Mil
  • GF Value™: €7.49 vs. price of €4.86 (35.2% below fair value)
  • GF Score™: 67/100 with 8 warning signs

No single metric tells the full story. See the FRA:9DP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Erbud Business Description

Other Exchanges ERB:Poland
Address Ul. Franciszka Klimczaka 1, Warszawa, POL, 02-797
Erbud SA is a Poland-based construction company. It undertakes projects for the construction of offices, shopping centers, power industries, industrial buildings and structures, residential buildings, public utilities, hotels, and hospitals. The organization is active in the business divisions of Construction activities, which relate to building construction; Development activities; Road engineering activities; and Construction activities related to engineering and maintenance services for the industry and power sector. The group operates in Poland and internationally. It derives maximum revenue from building construction activities.
67GF Score

Get the complete analysis for FRA:9DP

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

€4.86
Price
€7.49
GF Value