GLBS (Globus Maritime) Change In Receivables: $0.46 Mil (TTM As of Dec. 2025)

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GLBS Globus Maritime Ltd GLBS
41 GF Score
Price $3.01
GF Value $1.94
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Globus Maritime Change In Receivables?

Globus Maritime GLBS +2.38% 41 Change In Receivables is $0.46 Mil as of Dec. 2025. GuruFocus rates GLBS with a GF Score™ of 41/100 and a GF Value™ of $1.94 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Globus Maritime's change in receivables for the quarter that ended in Dec. 2025 was $0.42 Mil. It means Globus Maritime's Accounts Receivable declined by $0.42 Mil from Sep. 2025 to Dec. 2025 .

Globus Maritime's change in receivables for the fiscal year that ended in Dec. 2025 was $0.46 Mil. It means Globus Maritime's Accounts Receivable declined by $0.46 Mil from Dec. 2024 to Dec. 2025 .

Globus Maritime's Accounts Receivable for the quarter that ended in Dec. 2025 was $0.65 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. Globus Maritime's Days Sales Outstanding for the three months ended in Dec. 2025 was 4.44.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Globus Maritime's liquidation value for the three months ended in Dec. 2025 was $-84.97 Mil.


Globus Maritime  (NAS:GLBS) 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.

Globus Maritime's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.654/13.453*91
=4.44

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

Globus Maritime's liquidation value for the quarter that ended in Dec. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=26.254-112.826+0.75 * 0.654+0.5 * 2.217
=-84.97

* 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.


Globus Maritime Change In Receivables Related Terms


Globus Maritime Change In Receivables Historical Data

* Premium members only.

The historical data trend for Globus Maritime'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.

Globus Maritime Change In Receivables Chart

Globus Maritime 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 -0.85 0.89 -1.04 0.04 0.46

Globus Maritime Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -0.71 -0.86 0.45 0.44 0.42
GLBS
41GF Score
Globus Maritime Ltd GLBS
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Globus Maritime 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.46 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 $0.46 Mil mean?
Globus Maritime (GLBS) has a Change In Receivables of $0.46 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Globus Maritime and its competitors.
Is Globus Maritime's Change In Receivables too high?
Globus Maritime's current Change In Receivables is $0.46 Mil. Overall, Globus Maritime has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Globus Maritime's Change In Receivables compare to EDRY and HMR?
Globus Maritime's Change In Receivables of $0.46 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Change In Receivables depends on the Transportation 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 Globus Maritime and its competitors. Globus Maritime's current Change In Receivables is $0.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globus Maritime stock overvalued right now?
Based on GuruFocus' analysis, Globus Maritime (GLBS) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.94, compared to a current price of $3.01 — trading 55.2% above its estimated fair value. The current Change In Receivables is $0.46 Mil. Globus Maritime's overall GF Score™ is 41/100 with 6 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 Globus Maritime (GLBS), the current Change In Receivables is $0.46 Mil as of Dec. 2025. 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 Globus Maritime (GLBS) Overvalued in 2026?

Based on GuruFocus' analysis, Globus Maritime stock appears to be overvalued. The current stock price of $3.01 is trading 55.2% above its estimated GF Value™ of $1.94. GuruFocus considers Globus Maritime to be Significantly Overvalued.

Key valuation signals for GLBS:

  • Change In Receivables: $0.46 Mil
  • GF Value™: $1.94 vs. price of $3.01 (55.2% above fair value)
  • GF Score™: 41/100 with 6 warning signs

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


Globus Maritime Business Description

Other Exchanges 0G93:Germany
Address 128 Vouliagmenis Avenue, 3rd Floor, Glyfada, Attica, Athens, GRC, 16674
Globus Maritime Ltd is a dry bulk shipping company that provides marine transportation services internationally. The company owns, operates, and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargo. Its operations are managed by its subsidiary which also provides in-house commercial and technical management for its vessels and also offers consulting services for an affiliated ship management company. It generates maximum revenues by charging customers for the use of vessels to transport dry bulk commodities.
41GF Score

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

$3.01
Price
$1.94
GF Value