Kirin Holdings Co (FRA:KIR) Change In Receivables: €3,768 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:KIR Kirin Holdings Co Ltd FRA:KIR
69 GF Score
Price €16.06
GF Value €10.57
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Kirin Holdings Co Change In Receivables?

Kirin Holdings Co FRA:KIR -0.16% 69 Change In Receivables is €3,768 Mil as of Jun. 2026. GuruFocus rates FRA:KIR with a GF Score™ of 69/100 and a GF Value™ of €10.57 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Kirin Holdings Co's change in receivables for the quarter that ended in Jun. 2026 was €0 Mil. It means Kirin Holdings Co's Accounts Receivable stayed the same from Mar. 2026 to Jun. 2026 .

Kirin Holdings Co's change in receivables for the fiscal year that ended in Dec. 2025 was €0 Mil. It means Kirin Holdings Co's Accounts Receivable stayed the same from Dec. 2024 to Dec. 2025 .

Kirin Holdings Co's Accounts Receivable for the quarter that ended in Jun. 2026 was €2,312 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kirin Holdings Co's liquidation value for the three months ended in Jun. 2026 was €-5,797 Mil.


Kirin Holdings Co  (FRA:KIR) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2312.383/0*91
=

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

Kirin Holdings Co'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)
=948.418-9289.565+0.75 * 2312.383+0.5 * 1618.804
=-5,797

* 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.


Kirin Holdings Co Change In Receivables Related Terms


Kirin Holdings Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for Kirin Holdings Co'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.

Kirin Holdings Co Change In Receivables Chart

Kirin Holdings Co 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 -70.80 -59.16 -85.12 -216.65 0.00

Kirin Holdings Co 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 -105.48 3,091.13 0.00 782.68 0.00
FRA:KIR
69GF Score
Kirin Holdings Co Ltd FRA:KIR
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kirin Holdings Co 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 €3,768 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 €3,768 Mil mean?
Kirin Holdings Co (FRA:KIR) has a Change In Receivables of €3,768 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Kirin Holdings Co and its competitors.
Is Kirin Holdings Co's Change In Receivables too high?
Kirin Holdings Co's current Change In Receivables is €3,768 Mil. Overall, Kirin Holdings Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kirin Holdings Co's Change In Receivables compare to STZ and TAP?
Kirin Holdings Co's Change In Receivables of €3,768 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Change In Receivables depends on the Beverages - Alcoholic 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 Kirin Holdings Co and its competitors. Kirin Holdings Co's current Change In Receivables is €3,768 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kirin Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Kirin Holdings Co (FRA:KIR) is currently considered Significantly Overvalued. The stock's GF Value™ is €10.57, compared to a current price of €16.06 — trading 51.9% above its estimated fair value. The current Change In Receivables is €3,768 Mil. Kirin Holdings Co's overall GF Score™ is 69/100 with 7 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 Kirin Holdings Co (FRA:KIR), the current Change In Receivables is €3,768 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 Kirin Holdings Co (FRA:KIR) Overvalued in 2026?

Based on GuruFocus' analysis, Kirin Holdings Co stock appears to be overvalued. The current stock price of €16.06 is trading 51.9% above its estimated GF Value™ of €10.57. GuruFocus considers Kirin Holdings Co to be Significantly Overvalued.

Key valuation signals for FRA:KIR:

  • Change In Receivables: €3,768 Mil
  • GF Value™: €10.57 vs. price of €16.06 (51.9% above fair value)
  • GF Score™: 69/100 with 7 warning signs

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


Kirin Holdings Co Business Description

Address 10-2 Nakano 4-chome, Nakano Central Park South, Nakano-ku, Tokyo, JPN, 164-0001
Kirin is the second-largest brewer in Japan with a 28% market share. It holds a top share in the happoshu (low-malt beer) and new genre (no-malt beer) categories. Apart from beer, it also operates a wide range of alcoholic and soft beverage products in Japan. It has made several acquisitions, including Lion Nathan and National Foods in Australia, the second-largest Brazilian brewer Schincariol and Myanmar's biggest brewer over the past decade. It sold the businesses in Brazil and Myanmar in 2017 and 2023, respectively. In 2023, the company made a tender offer to bring Fancl on as a wholly owned subsidiary. Its revenue accounts for roughly 5% of Kirin's total sales. Its overseas business, which includes alcoholic and nonalcoholic beverages, represents about 40% of the group's revenue.
69GF Score

Get the complete analysis for FRA:KIR

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

€16.06
Price
€10.57
GF Value