Dow (HAM:2OY) Change In Receivables: €-149 Mil (TTM As of Mar. 2026)

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HAM:2OY Dow Inc HAM:2OY
60 GF Score
Price €25.87
GF Value €35.86
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Dow Change In Receivables?

Dow HAM:2OY +0.62% 60 Change In Receivables is €-149 Mil as of Mar. 2026. GuruFocus rates HAM:2OY with a GF Score™ of 60/100 and a GF Value™ of €35.86 (Modestly Undervalued). The stock has 9 warning signs investors should review.

Dow's change in receivables for the quarter that ended in Mar. 2026 was €-459 Mil. It means Dow's Accounts Receivable increased by €459 Mil from Dec. 2025 to Mar. 2026 .

Dow's change in receivables for the fiscal year that ended in Dec. 2025 was €62 Mil. It means Dow's Accounts Receivable declined by €62 Mil from Dec. 2024 to Dec. 2025 .

Dow's Accounts Receivable for the quarter that ended in Mar. 2026 was €4,485 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. Dow's Days Sales Outstanding for the three months ended in Mar. 2026 was 48.31.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Dow's liquidation value for the three months ended in Mar. 2026 was €-27,585 Mil.

Dow  (HAM:2OY) 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.

Dow's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4485.025/8471.81*91
=48.31

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

Dow's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3331.115-37209.705+0.75 * 4485.025+0.5 * 5860.375
=-27,585

* 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.

Dow Change In Receivables Related Terms

Dow Change In Receivables Historical Data

* Premium members only.

The historical data trend for Dow'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.

Dow Change In Receivables Chart

Dow 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 -1,886.82 1,120.53 1,064.64 -213.92 62.34

Dow Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -278.43 -549.68 455.82 403.94 -459.32
HAM:2OY
60GF Score
Dow Inc HAM:2OY
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Dow 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-149 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 €-149 Mil mean?
Dow (HAM:2OY) has a Change In Receivables of €-149 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Dow and its competitors.
Is Dow's Change In Receivables too high?
Dow's current Change In Receivables is €-149 Mil. Overall, Dow has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dow's Change In Receivables compare to CE and OLN?
Dow's Change In Receivables of €-149 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 Dow and its competitors. Dow's current Change In Receivables is €-149 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dow stock overvalued right now?
Based on GuruFocus' analysis, Dow (HAM:2OY) is currently considered Modestly Undervalued. The stock's GF Value™ is €35.86, compared to a current price of €25.87 — trading 27.9% below its estimated fair value. The current Change In Receivables is €-149 Mil. Dow's overall GF Score™ is 60/100 with 9 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 Dow (HAM:2OY), the current Change In Receivables is €-149 Mil as of Mar. 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 Dow (HAM:2OY) Overvalued in 2026?

Based on GuruFocus' analysis, Dow stock appears to be undervalued. The current stock price of €25.87 is trading 27.9% below its estimated GF Value™ of €35.86. GuruFocus considers Dow to be Modestly Undervalued.

Key valuation signals for HAM:2OY:

  • Change In Receivables: €-149 Mil
  • GF Value™: €35.86 vs. price of €25.87 (27.9% below fair value)
  • GF Score™: 60/100 with 9 warning signs

No single metric tells the full story. See the HAM:2OY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Dow Business Description

Address 2211 H.H. Dow Way, Midland, MI, USA, 48674
Dow Chemical is a diversified global chemicals producer formed in 2019 as a result of the DowDuPont merger and subsequent separations. The firm is a leading producer of several chemicals, including polyethylene, ethylene oxide, and silicone rubber. Its products have numerous applications in consumer and industrial end markets.
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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€25.87
Price
€35.86
GF Value