Nine Energy Service (FRA:NEJ) Change In Receivables: €4.5 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:NEJ Nine Energy Service Inc FRA:NEJ
28 GF Score
Price €0.45
GF Value €46.16
! 2 Warning Signs
View Full Analysis

What is Nine Energy Service Change In Receivables?

Nine Energy Service FRA:NEJ 28 Change In Receivables is €4.5 Mil as of Jun. 2026. GuruFocus rates FRA:NEJ with a GF Score™ of 28/100 and a GF Value™ of €46.16. The stock has 2 warning signs investors should review.

Nine Energy Service's change in receivables for the quarter that ended in Jun. 2026 was €-10.9 Mil. It means Nine Energy Service's Accounts Receivable increased by €10.9 Mil from Mar. 2026 to Jun. 2026 .

Nine Energy Service's change in receivables for the fiscal year that ended in Dec. 2025 was €4.4 Mil. It means Nine Energy Service's Accounts Receivable declined by €4.4 Mil from Dec. 2024 to Dec. 2025 .

Nine Energy Service's Accounts Receivable for the quarter that ended in Jun. 2026 was €79.5 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. Nine Energy Service's Days Sales Outstanding for the three months ended in Jun. 2026 was 45.57.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nine Energy Service's liquidation value for the three months ended in Jun. 2026 was €-67.8 Mil.


Nine Energy Service  (FRA:NEJ) 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.

Nine Energy Service's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=79.508/159.199*91
=45.57

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

Nine Energy Service'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)
=14.625-163.258+0.75 * 79.508+0.5 * 42.331
=-67.8

* 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.


Nine Energy Service Change In Receivables Related Terms


Nine Energy Service Change In Receivables Historical Data

* Premium members only.

The historical data trend for Nine Energy Service'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.

Nine Energy Service Change In Receivables Chart

Nine Energy Service 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 -19.95 -38.81 15.12 6.42 4.45

Nine Energy Service 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 0.98 10.69 4.70 0.00 -10.86
FRA:NEJ
28GF Score
Nine Energy Service Inc FRA:NEJ
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nine Energy Service 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 €4.5 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 €4.5 Mil mean?
Nine Energy Service (FRA:NEJ) has a Change In Receivables of €4.5 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Nine Energy Service and its competitors.
Is Nine Energy Service's Change In Receivables too high?
Nine Energy Service's current Change In Receivables is €4.5 Mil. Overall, Nine Energy Service has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Nine Energy Service's Change In Receivables compare to STAK and OMSE?
Nine Energy Service's Change In Receivables of €4.5 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Change In Receivables depends on the Oil & Gas 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 Nine Energy Service and its competitors. Nine Energy Service's current Change In Receivables is €4.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nine Energy Service stock overvalued right now?
Nine Energy Service (FRA:NEJ) has a current Change In Receivables of €4.5 Mil. The stock's GF Value™ is €46.16, compared to a current price of €0.45 — trading 99% below its estimated fair value. The current Change In Receivables is €4.5 Mil. Nine Energy Service's overall GF Score™ is 28/100 with 2 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 Nine Energy Service (FRA:NEJ), the current Change In Receivables is €4.5 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 Nine Energy Service (FRA:NEJ) Overvalued in 2026?

Based on GuruFocus' analysis, Nine Energy Service stock appears to be undervalued. The current stock price of €0.45 is trading 99% below its estimated GF Value™ of €46.16.

Key valuation signals for FRA:NEJ:

  • Change In Receivables: €4.5 Mil
  • GF Value™: €46.16 vs. price of €0.45 (99% below fair value)
  • GF Score™: 28/100 with 2 warning signs

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


Nine Energy Service Business Description

Industry EnergyOil & Gas
Other Exchanges NINE:USA
Address 2001 Kirby Drive, Suite 200, Houston, TX, USA, 77019
Nine Energy Service Inc is a North American onshore completion and production services provider. It targets unconventional oil and gas resource development. The Company operates as one reportable segment, known as Completions Solutions. The Completions Solutions segment provides services and products integral to the completion of unconventional wells through a full range of tools and methodologies. These services and products are similar in purpose and end use by focusing on preparing and enabling a well to produce oil and gas and must be completed in order for a well to begin producing hydrocarbons. It operates in the U.S, Canada, and other countries where the majority of the revenue is generated from the United States.
28GF Score

Get the complete analysis for FRA:NEJ

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

€0.45
Price
€46.16
GF Value