HGHAF (High Arctic Energy Services) Change In Receivables: $-0.39 Mil (TTM As of Mar. 2026)

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HGHAF High Arctic Energy Services Inc HGHAF
33 GF Score
Price $0.67
GF Value $0.80
Valuation Modestly Undervalued
! 3 Warning Signs
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What is High Arctic Energy Services Change In Receivables?

High Arctic Energy Services HGHAF 33 Change In Receivables is $-0.39 Mil as of Mar. 2026. GuruFocus rates HGHAF with a GF Score™ of 33/100 and a GF Value™ of $0.80 (Modestly Undervalued). The stock has 3 warning signs investors should review.

High Arctic Energy Services's change in receivables for the quarter that ended in Mar. 2026 was $0.00 Mil. It means High Arctic Energy Services's Accounts Receivable stayed the same from Dec. 2025 to Mar. 2026 .

High Arctic Energy Services's change in receivables for the fiscal year that ended in Dec. 2025 was $0.00 Mil. It means High Arctic Energy Services's Accounts Receivable stayed the same from Dec. 2024 to Dec. 2025 .

High Arctic Energy Services's Accounts Receivable for the quarter that ended in Mar. 2026 was $1.78 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. High Arctic Energy Services's Days Sales Outstanding for the three months ended in Mar. 2026 was 81.45.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. High Arctic Energy Services's liquidation value for the three months ended in Mar. 2026 was $-1.39 Mil.


High Arctic Energy Services  (OTCPK:HGHAF) 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.

High Arctic Energy Services's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.779/1.993*91
=81.45

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

High Arctic Energy Services'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)
=2.32-5.05+0.75 * 1.779+0.5 * 0.015
=-1.39

* 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.


High Arctic Energy Services Change In Receivables Related Terms


High Arctic Energy Services Change In Receivables Historical Data

* Premium members only.

The historical data trend for High Arctic Energy Services'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.

High Arctic Energy Services Change In Receivables Chart

High Arctic Energy Services 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 0.00 0.00 0.00 0.00 0.00

High Arctic Energy Services 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 0.34 -0.07 -0.32 0.00 0.00
HGHAF
33GF Score
High Arctic Energy Services Inc HGHAF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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High Arctic Energy Services 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 $-0.39 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 $-0.39 Mil mean?
High Arctic Energy Services (HGHAF) has a Change In Receivables of $-0.39 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for High Arctic Energy Services and its competitors.
Is High Arctic Energy Services' Change In Receivables too high?
High Arctic Energy Services' current Change In Receivables is $-0.39 Mil. Overall, High Arctic Energy Services has a GF Score™ of 33/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does High Arctic Energy Services' Change In Receivables compare to SLB and BKR?
High Arctic Energy Services' Change In Receivables of $-0.39 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 High Arctic Energy Services and its competitors. High Arctic Energy Services's current Change In Receivables is $-0.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Arctic Energy Services stock overvalued right now?
Based on GuruFocus' analysis, High Arctic Energy Services (HGHAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.80, compared to a current price of $0.67 — trading 16.3% below its estimated fair value. The current Change In Receivables is $-0.39 Mil. High Arctic Energy Services' overall GF Score™ is 33/100 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 High Arctic Energy Services (HGHAF), the current Change In Receivables is $-0.39 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 High Arctic Energy Services (HGHAF) Overvalued in 2026?

Based on GuruFocus' analysis, High Arctic Energy Services stock appears to be undervalued. The current stock price of $0.67 is trading 16.3% below its estimated GF Value™ of $0.80. GuruFocus considers High Arctic Energy Services to be Modestly Undervalued.

Key valuation signals for HGHAF:

  • Change In Receivables: $-0.39 Mil
  • GF Value™: $0.80 vs. price of $0.67 (16.3% below fair value)
  • GF Score™: 33/100 with 3 warning signs

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


High Arctic Energy Services Business Description

Industry EnergyOil & Gas
Other Exchanges HWO:Canada
Address Calgary Place I, 330 -5th Avenue SW, Suite 2350, Calgary, AB, CAN, T2P 0L4
High Arctic Energy Services Inc is engaged in providing contract drilling, well servicing, completion services, equipment rentals, and other oilfield services to the oil and natural gas industry in Papua New Guinea and Canada. The operating segments of the company are the Drilling Services segment, which consists of drilling services; the Production Services segment, which consists of well servicing and snubbing services and the Rental Services segment consists of High Arctic's oilfield rental equipment of pressure control and other oilfield equipment to exploration and production companies in Canada. The Rental Services segment generates the majority company's revenue.
33GF Score

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

$0.67
Price
$0.80
GF Value