VBG Group AB (FRA:KU4) Change In Receivables: €-12.9 Mil (TTM As of Jun. 2026)

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FRA:KU4 VBG Group AB FRA:KU4
93 GF Score
Price €27.40
GF Value €27.39
Valuation Fairly Valued
! 4 Warning Signs
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What is VBG Group AB Change In Receivables?

VBG Group AB FRA:KU4 +3.40% 93 Change In Receivables is €-12.9 Mil as of Jun. 2026. GuruFocus rates FRA:KU4 with a GF Score™ of 93/100 and a GF Value™ of €27.39 (Fairly Valued). The stock has 4 warning signs investors should review.

VBG Group AB's change in receivables for the quarter that ended in Jun. 2026 was €-11.1 Mil. It means VBG Group AB's Accounts Receivable increased by €11.1 Mil from Mar. 2026 to Jun. 2026 .

VBG Group AB's change in receivables for the fiscal year that ended in Dec. 2025 was €-9.0 Mil. It means VBG Group AB's Accounts Receivable increased by €9.0 Mil from Dec. 2024 to Dec. 2025 .

VBG Group AB's Accounts Receivable for the quarter that ended in Jun. 2026 was €97.7 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. VBG Group AB's Days Sales Outstanding for the three months ended in Jun. 2026 was 65.57.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. VBG Group AB's liquidation value for the three months ended in Jun. 2026 was €-111.1 Mil.

VBG Group AB  (FRA:KU4) 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.

VBG Group AB's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=97.704218421745/135.96499059928*91
=65.57

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

VBG Group AB'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)
=88.928823353064-321.76147335763+0.75 * 97.704218421745+0.5 * 96.999294821995
=-111.1

* 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.

VBG Group AB Change In Receivables Related Terms

VBG Group AB Change In Receivables Historical Data

* Premium members only.

The historical data trend for VBG Group AB'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.

VBG Group AB Change In Receivables Chart

VBG Group AB 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 -14.57 -13.94 -5.39 9.66 -8.99

VBG Group AB 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 -6.15 3.10 10.85 -14.53 -11.08
FRA:KU4
93GF Score
VBG Group AB FRA:KU4
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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VBG Group AB 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 €-12.9 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 €-12.9 Mil mean?
VBG Group AB (FRA:KU4) has a Change In Receivables of €-12.9 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for VBG Group AB and its competitors.
Is VBG Group AB's Change In Receivables too high?
VBG Group AB's current Change In Receivables is €-12.9 Mil. Overall, VBG Group AB has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does VBG Group AB's Change In Receivables compare to ORLY and AZO?
VBG Group AB's Change In Receivables of €-12.9 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Change In Receivables depends on the Vehicles & Parts 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 VBG Group AB and its competitors. VBG Group AB's current Change In Receivables is €-12.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VBG Group AB stock overvalued right now?
Based on GuruFocus' analysis, VBG Group AB (FRA:KU4) is currently considered Fairly Valued. The stock's GF Value™ is €27.39, compared to a current price of €27.40 — trading 0% above its estimated fair value. The current Change In Receivables is €-12.9 Mil. VBG Group AB's overall GF Score™ is 93/100 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 VBG Group AB (FRA:KU4), the current Change In Receivables is €-12.9 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 VBG Group AB (FRA:KU4) Overvalued in 2026?

Based on GuruFocus' analysis, VBG Group AB stock appears to be overvalued. The current stock price of €27.40 is trading 0% above its estimated GF Value™ of €27.39. GuruFocus considers VBG Group AB to be Fairly Valued.

Key valuation signals for FRA:KU4:

  • Change In Receivables: €-12.9 Mil
  • GF Value™: €27.39 vs. price of €27.40 (0% above fair value)
  • GF Score™: 93/100 with 4 warning signs

No single metric tells the full story. See the FRA:KU4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

VBG Group AB Business Description

Other Exchanges VBG B:Sweden0GXK:UK
Address Kungsgatan 57, Box 1216, Trollhattan, SWE, SE-461 34
VBG Group AB is an international industrial group. The Parent Company VBG Group AB is a long-term owner that provides active management of the Group's three wholly owned divisions through considerable industrial expertise, a strong corporate culture and financial resilience. The Group's divisions - Truck & Trailer Equipment, Mobile Thermal Solutions and Ringfeder Power Transmission - develop, manufacture, market and sell products under strong, well-known brands all over the world.
93GF Score

Get the complete analysis for FRA:KU4

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

€27.40
Price
€27.39
GF Value