Northrop Grumman (HAM:NTH) Change In Receivables: €-352 Mil (TTM As of Jun. 2026)

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HAM:NTH Northrop Grumman Corp HAM:NTH
85 GF Score
Price €479.10
GF Value €500.40
Valuation Fairly Valued
! 2 Warning Signs
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What is Northrop Grumman Change In Receivables?

Northrop Grumman HAM:NTH +0.44% 85 Change In Receivables is €-352 Mil as of Jun. 2026. GuruFocus rates HAM:NTH with a GF Score™ of 85/100 and a GF Value™ of €500.40 (Fairly Valued). The stock has 2 warning signs investors should review.

Northrop Grumman's change in receivables for the quarter that ended in Jun. 2026 was €-707 Mil. It means Northrop Grumman's Accounts Receivable increased by €707 Mil from Mar. 2026 to Jun. 2026 .

Northrop Grumman's change in receivables for the fiscal year that ended in Dec. 2025 was €-736 Mil. It means Northrop Grumman's Accounts Receivable increased by €736 Mil from Dec. 2024 to Dec. 2025 .

Northrop Grumman's Accounts Receivable for the quarter that ended in Jun. 2026 was €2,006 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. Northrop Grumman's Days Sales Outstanding for the three months ended in Jun. 2026 was 19.39.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Northrop Grumman's liquidation value for the three months ended in Jun. 2026 was €-24,418 Mil.


Northrop Grumman  (HAM:NTH) 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.

Northrop Grumman's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2005.948/9440.368*91
=19.39

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

Northrop Grumman'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)
=2002.476-28538.972+0.75 * 2005.948+0.5 * 1228.22
=-24,418

* 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.


Northrop Grumman Change In Receivables Related Terms


Northrop Grumman Change In Receivables Historical Data

* Premium members only.

The historical data trend for Northrop Grumman'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.

Northrop Grumman Change In Receivables Chart

Northrop Grumman 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 -375.24 -651.36 276.02 -31.52 -736.15

Northrop Grumman 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 -573.09 269.23 934.28 -849.43 -706.55
HAM:NTH
85GF Score
Northrop Grumman Corp HAM:NTH
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Northrop Grumman 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 €-352 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 €-352 Mil mean?
Northrop Grumman (HAM:NTH) has a Change In Receivables of €-352 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Northrop Grumman and its competitors.
Is Northrop Grumman's Change In Receivables too high?
Northrop Grumman's current Change In Receivables is €-352 Mil. Overall, Northrop Grumman has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Northrop Grumman's Change In Receivables compare to TDG and HONA?
Northrop Grumman's Change In Receivables of €-352 Mil can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Change In Receivables depends on the Aerospace & Defense 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 Northrop Grumman and its competitors. Northrop Grumman's current Change In Receivables is €-352 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northrop Grumman stock overvalued right now?
Based on GuruFocus' analysis, Northrop Grumman (HAM:NTH) is currently considered Fairly Valued. The stock's GF Value™ is €500.40, compared to a current price of €479.10 — trading 4.3% below its estimated fair value. The current Change In Receivables is €-352 Mil. Northrop Grumman's overall GF Score™ is 85/100 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 Northrop Grumman (HAM:NTH), the current Change In Receivables is €-352 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 Northrop Grumman (HAM:NTH) Overvalued in 2026?

Based on GuruFocus' analysis, Northrop Grumman stock appears to be undervalued. The current stock price of €479.10 is trading 4.3% below its estimated GF Value™ of €500.40. GuruFocus considers Northrop Grumman to be Fairly Valued.

Key valuation signals for HAM:NTH:

  • Change In Receivables: €-352 Mil
  • GF Value™: €500.40 vs. price of €479.10 (4.3% below fair value)
  • GF Score™: 85/100 with 2 warning signs

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


Northrop Grumman Business Description

Address 2980 Fairview Park Drive, Falls Church, VA, USA, 22042
Northrop Grumman is a diversified defense contractor providing aeronautics, defense, and space systems. The company's aerospace segment produces autonomous and piloted aircraft such as Global Hawk drones and the new B-21 bomber, creates the fuselage for the massive F-35 program, and maintains and upgrades numerous other military aircraft. Defense systems makes artillery and missile ammunition and guidance systems, long-range missiles, and missile defense systems. Mission systems creates and integrates a variety of radar, navigation, and communication systems for avionics, weapons control, and countermeasures on a range of platforms from helicopters to destroyers. Space systems produces satellites, sensors, space structures, and rocket motors.
85GF Score

Get the complete analysis for HAM:NTH

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

€479.10
Price
€500.40
GF Value