GURE (Gulf Resources) Change In Receivables: $-2.15 Mil (TTM As of Sep. 2025)

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.

GURE Gulf Resources Inc GURE
53 GF Score
Price $3.38
GF Value $6.76
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Gulf Resources Change In Receivables?

Gulf Resources GURE +7.30% 53 Change In Receivables is $-2.15 Mil as of Sep. 2025. GuruFocus rates GURE with a GF Score™ of 53/100 and a GF Value™ of $6.76 (Possible Value Trap). The stock has 3 warning signs investors should review.

Gulf Resources's change in receivables for the quarter that ended in Sep. 2025 was $-0.15 Mil. It means Gulf Resources's Accounts Receivable increased by $0.15 Mil from Jun. 2025 to Sep. 2025 .

Gulf Resources's change in receivables for the fiscal year that ended in Dec. 2024 was $4.18 Mil. It means Gulf Resources's Accounts Receivable declined by $4.18 Mil from Dec. 2023 to Dec. 2024 .

Gulf Resources's Accounts Receivable for the quarter that ended in Sep. 2025 was $3.42 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. Gulf Resources's Days Sales Outstanding for the three months ended in Sep. 2025 was 34.53.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Gulf Resources's liquidation value for the three months ended in Sep. 2025 was $-15.82 Mil.


Gulf Resources  (NAS:GURE) 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.

Gulf Resources's Days Sales Outstanding for the quarter that ended in Sep. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.423/9.045*91
=34.53

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

Gulf Resources's liquidation value for the quarter that ended in Sep. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=5.82-24.446+0.75 * 3.423+0.5 * 0.483
=-15.82

* 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.


Gulf Resources Change In Receivables Related Terms


Gulf Resources Change In Receivables Historical Data

* Premium members only.

The historical data trend for Gulf Resources'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.

Gulf Resources Change In Receivables Chart

Gulf Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.16 -7.75 8.20 0.40 4.18

Gulf Resources Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.48 0.59 -1.58 -1.01 -0.15
GURE
53GF Score
Gulf Resources Inc GURE
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gulf Resources 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 Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.15 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 $-2.15 Mil mean?
Gulf Resources (GURE) has a Change In Receivables of $-2.15 Mil as of Sep. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Gulf Resources and its competitors.
Is Gulf Resources' Change In Receivables too high?
Gulf Resources' current Change In Receivables is $-2.15 Mil. Overall, Gulf Resources has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gulf Resources' Change In Receivables compare to CNEY and GLGI?
Gulf Resources' Change In Receivables of $-2.15 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Change In Receivables depends on the Chemicals 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 Gulf Resources and its competitors. Gulf Resources's current Change In Receivables is $-2.15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulf Resources stock overvalued right now?
Based on GuruFocus' analysis, Gulf Resources (GURE) is currently considered Possible Value Trap. The stock's GF Value™ is $6.76, compared to a current price of $3.38 — trading 50% below its estimated fair value. The current Change In Receivables is $-2.15 Mil. Gulf Resources' overall GF Score™ is 53/100 with 3 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 Gulf Resources (GURE), the current Change In Receivables is $-2.15 Mil as of Sep. 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 Gulf Resources (GURE) Overvalued in 2026?

Based on GuruFocus' analysis, Gulf Resources stock appears to be undervalued. The current stock price of $3.38 is trading 50% below its estimated GF Value™ of $6.76. GuruFocus considers Gulf Resources to be Possible Value Trap.

Key valuation signals for GURE:

  • Change In Receivables: $-2.15 Mil
  • GF Value™: $6.76 vs. price of $3.38 (50% below fair value)
  • GF Score™: 53/100 with 3 warning signs

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


Gulf Resources Business Description

Address Level 11, Vegetable Building, Industrial Park of the East Shouguang City, Shandong, Shouguang, CHN, 262700
Gulf Resources Inc is a holding company engaged in the manufacture and trade of bromine and crude salt, and natural gas; manufactures and sells chemical products used in oil and gas field exploration, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents and inorganic chemicals, and manufactures and sells materials for human and animal antibiotics. It operates in four segments: Bromine, Crude Salt, Chemical Products and Natural Gas. It derives maximum revenue from the Bromine segment which is commonly used in brominated flame retardants, fumigants, water purification compounds, dyes, medicines and disinfectants.
53GF Score

Get the complete analysis for GURE

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

$3.38
Price
$6.76
GF Value