HKIT (Biddance AI Systems) Change In Receivables: $-2.98 Mil (TTM As of Dec. 2025)

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HKIT Biddance AI Systems Inc HKIT
61 GF Score
Price $2.63
GF Value $30,516.21
Valuation Possible Value Trap
! 3 Warning Signs
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What is Biddance AI Systems Change In Receivables?

Biddance AI Systems HKIT -7.72% 61 Change In Receivables is $-2.98 Mil as of Dec. 2025. GuruFocus rates HKIT with a GF Score™ of 61/100 and a GF Value™ of $30,516.21 (Possible Value Trap). The stock has 3 warning signs investors should review.

Biddance AI Systems's change in receivables for the quarter that ended in Dec. 2025 was $-4.03 Mil. It means Biddance AI Systems's Accounts Receivable increased by $4.03 Mil from Jun. 2025 to Dec. 2025 .

Biddance AI Systems's change in receivables for the fiscal year that ended in Dec. 2025 was $-2.98 Mil. It means Biddance AI Systems's Accounts Receivable increased by $2.98 Mil from Dec. 2024 to Dec. 2025 .

Biddance AI Systems's Accounts Receivable for the quarter that ended in Dec. 2025 was $5.41 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. Biddance AI Systems's Days Sales Outstanding for the six months ended in Dec. 2025 was 170.31.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Biddance AI Systems's liquidation value for the six months ended in Dec. 2025 was $19.18 Mil.

Biddance AI Systems  (NAS:HKIT) 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.

Biddance AI Systems's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.408/5.795*91
=170.31

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

Biddance AI Systems'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)
=21.656-6.571+0.75 * 5.408+0.5 * 0.079
=19.18

* 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.

Biddance AI Systems Change In Receivables Related Terms

Biddance AI Systems Change In Receivables Historical Data

* Premium members only.

The historical data trend for Biddance AI Systems'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.

Biddance AI Systems Change In Receivables Chart

Biddance AI Systems Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only -0.52 -1.99 0.96 2.99 -2.98

Biddance AI Systems Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 1.64 0.76 2.23 1.04 -4.03
HKIT
61GF Score
Biddance AI Systems Inc HKIT
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Biddance AI Systems 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 semi-annually data reported by the company within the most recent 12 months, which was $-2.98 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 $-2.98 Mil mean?
Biddance AI Systems (HKIT) has a Change In Receivables of $-2.98 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Biddance AI Systems and its competitors.
Is Biddance AI Systems' Change In Receivables too high?
Biddance AI Systems' current Change In Receivables is $-2.98 Mil. Overall, Biddance AI Systems has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Biddance AI Systems' Change In Receivables compare to CLPS and JFU?
Biddance AI Systems' Change In Receivables of $-2.98 Mil can be compared against companies in the Software 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 Software company?
A good Change In Receivables depends on the Software 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 Biddance AI Systems and its competitors. Biddance AI Systems's current Change In Receivables is $-2.98 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biddance AI Systems stock overvalued right now?
Based on GuruFocus' analysis, Biddance AI Systems (HKIT) is currently considered Possible Value Trap. The stock's GF Value™ is $30,516.21, compared to a current price of $2.63 — trading 100% below its estimated fair value. The current Change In Receivables is $-2.98 Mil. Biddance AI Systems' overall GF Score™ is 61/100 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 Biddance AI Systems (HKIT), the current Change In Receivables is $-2.98 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 Biddance AI Systems (HKIT) Overvalued in 2026?

Based on GuruFocus' analysis, Biddance AI Systems stock appears to be undervalued. The current stock price of $2.63 is trading 100% below its estimated GF Value™ of $30,516.21. GuruFocus considers Biddance AI Systems to be Possible Value Trap.

Key valuation signals for HKIT:

  • Change In Receivables: $-2.98 Mil
  • GF Value™: $30,516.21 vs. price of $2.63 (100% below fair value)
  • GF Score™: 61/100 with 3 warning signs

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

Biddance AI Systems Business Description

Address No. 30 Guanri Road, Siming District, Unit 304, Phase II, Software Park, Siming District, Fujian Province, Xiamen, CHN
Hitek Global Inc is a provider of information technology consulting and solutions services. The company has two lines of business services to small and medium businesses, which consist of Anti-Counterfeiting Tax Control System tax devices, including Golden Tax Disk and printers, ACTCS services, and IT services; and services to large businesses, which include hardware sales and software sales. It generates revenues from Hardware and equipment sales, Tax services, and Software sales.
61GF Score

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

$2.63
Price
$30,516.21
GF Value