Modern Times Group MTG AB (FRA:MRTA) Change In Receivables: €0 Mil (TTM As of Jun. 2026)

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FRA:MRTA Modern Times Group MTG AB FRA:MRTA
73 GF Score
Price €11.81
GF Value €15.52
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Modern Times Group MTG AB Change In Receivables?

Modern Times Group MTG AB FRA:MRTA +3.87% 73 Change In Receivables is €0 Mil as of Jun. 2026. GuruFocus rates FRA:MRTA with a GF Score™ of 73/100 and a GF Value™ of €15.52 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Modern Times Group MTG AB's change in receivables for the quarter that ended in Jun. 2026 was €0 Mil. It means Modern Times Group MTG AB's Accounts Receivable stayed the same from Mar. 2026 to Jun. 2026 .

Modern Times Group MTG AB's change in receivables for the fiscal year that ended in Dec. 2025 was €-9 Mil. It means Modern Times Group MTG AB's Accounts Receivable increased by €9 Mil from Dec. 2024 to Dec. 2025 .

Modern Times Group MTG AB's Accounts Receivable for the quarter that ended in Jun. 2026 was €0 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. Modern Times Group MTG AB's Days Sales Outstanding for the three months ended in Jun. 2026 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Modern Times Group MTG AB's liquidation value for the three months ended in Jun. 2026 was €-595 Mil.


Modern Times Group MTG AB  (FRA:MRTA) 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.

Modern Times Group MTG 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
=0/270.466*91
=0.00

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

Modern Times Group MTG 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)
=120.592-715.983+0.75 * 0+0.5 * 0
=-595

* 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.


Modern Times Group MTG AB Change In Receivables Related Terms


Modern Times Group MTG AB Change In Receivables Historical Data

* Premium members only.

The historical data trend for Modern Times Group MTG 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.

Modern Times Group MTG AB Change In Receivables Chart

Modern Times Group MTG 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 -16.94 -4.09 -17.97 2.96 -9.10

Modern Times Group MTG 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 0.00 0.00 0.00 0.00 0.00
FRA:MRTA
73GF Score
Modern Times Group MTG AB FRA:MRTA
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Modern Times Group MTG 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 €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 €0 Mil mean?
Modern Times Group MTG AB (FRA:MRTA) has a Change In Receivables of €0 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Modern Times Group MTG AB and its competitors.
Is Modern Times Group MTG AB's Change In Receivables too high?
Modern Times Group MTG AB's current Change In Receivables is €0 Mil. Overall, Modern Times Group MTG AB has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Modern Times Group MTG AB's Change In Receivables compare to NTES and EA?
Modern Times Group MTG AB's Change In Receivables of €0 Mil can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Change In Receivables depends on the Interactive Media 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 Modern Times Group MTG AB and its competitors. Modern Times Group MTG AB's current Change In Receivables is €0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Times Group MTG AB stock overvalued right now?
Based on GuruFocus' analysis, Modern Times Group MTG AB (FRA:MRTA) is currently considered Modestly Undervalued. The stock's GF Value™ is €15.52, compared to a current price of €11.81 — trading 23.9% below its estimated fair value. The current Change In Receivables is €0 Mil. Modern Times Group MTG AB's overall GF Score™ is 73/100 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 Modern Times Group MTG AB (FRA:MRTA), the current Change In Receivables is €0 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 Modern Times Group MTG AB (FRA:MRTA) Overvalued in 2026?

Based on GuruFocus' analysis, Modern Times Group MTG AB stock appears to be undervalued. The current stock price of €11.81 is trading 23.9% below its estimated GF Value™ of €15.52. GuruFocus considers Modern Times Group MTG AB to be Modestly Undervalued.

Key valuation signals for FRA:MRTA:

  • Change In Receivables: €0 Mil
  • GF Value™: €15.52 vs. price of €11.81 (23.9% below fair value)
  • GF Score™: 73/100 with 5 warning signs

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


Modern Times Group MTG AB Business Description

Address Skeppsbron 18, P.O. Box 2094, Stockholm, SWE, SE-103 13
Modern Times Group MTG AB owns and operates gaming companies and studios with popular IPs across a wide range of casual and mid-core genres. The company's portfolio covers a wide range of evergreen gaming franchises like RAID: Shadow Legends, Forge of Empires, Top Drives, and Bloons, as well as word games like CrossWord Jam and WordTrip. Its games generate revenues through in-app purchases, advertising, and from third-party distribution platforms. It operates in a single business segment.
73GF Score

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

€11.81
Price
€15.52
GF Value