HNVR (Hanover Bancorp) Change In Receivables: $0.02 Mil (TTM As of Jun. 2026)

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HNVR Hanover Bancorp Inc HNVR
67 GF Score
Price $26.94
GF Value $23.04
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Hanover Bancorp Change In Receivables?

Hanover Bancorp HNVR -0.04% 67 Change In Receivables is $0.02 Mil as of Jun. 2026. GuruFocus rates HNVR with a GF Score™ of 67/100 and a GF Value™ of $23.04 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Hanover Bancorp's change in receivables for the quarter that ended in Jun. 2026 was $-0.13 Mil. It means Hanover Bancorp's Accounts Receivable increased by $0.13 Mil from Mar. 2026 to Jun. 2026 .

Hanover Bancorp's change in receivables for the fiscal year that ended in Dec. 2025 was $0.07 Mil. It means Hanover Bancorp's Accounts Receivable declined by $0.07 Mil from Dec. 2024 to Dec. 2025 .

Hanover Bancorp's Accounts Receivable for the quarter that ended in Jun. 2026 was $11.65 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. Hanover Bancorp's Days Sales Outstanding for the three months ended in Jun. 2026 was 54.31.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hanover Bancorp's liquidation value for the three months ended in Jun. 2026 was $-1,941.33 Mil.

Hanover Bancorp  (NAS:HNVR) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=11.646/19.567*91
=54.31

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

Hanover Bancorp'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)
=183.817-2133.883+0.75 * 11.646+0.5 * 0
=-1,941.33

* 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.

Hanover Bancorp Change In Receivables Related Terms

Hanover Bancorp Change In Receivables Historical Data

* Premium members only.

The historical data trend for Hanover Bancorp'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.

Hanover Bancorp Change In Receivables Chart

Hanover Bancorp Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial 1.92 0.82 -2.09 0.07 0.07

Hanover Bancorp 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 0.36 -0.16 0.04 0.26 -0.13
HNVR
67GF Score
Hanover Bancorp Inc HNVR
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Hanover Bancorp 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 $0.02 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 $0.02 Mil mean?
Hanover Bancorp (HNVR) has a Change In Receivables of $0.02 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Hanover Bancorp and its competitors.
Is Hanover Bancorp's Change In Receivables too high?
Hanover Bancorp's current Change In Receivables is $0.02 Mil. Overall, Hanover Bancorp has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hanover Bancorp's Change In Receivables compare to PFLC and TRCY?
Hanover Bancorp's Change In Receivables of $0.02 Mil can be compared against companies in the Banks 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 Banks company?
A good Change In Receivables depends on the Banks 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 Hanover Bancorp and its competitors. Hanover Bancorp's current Change In Receivables is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanover Bancorp stock overvalued right now?
Based on GuruFocus' analysis, Hanover Bancorp (HNVR) is currently considered Modestly Overvalued. The stock's GF Value™ is $23.04, compared to a current price of $26.94 — trading 16.9% above its estimated fair value. The current Change In Receivables is $0.02 Mil. Hanover Bancorp's overall GF Score™ is 67/100 with 6 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 Hanover Bancorp (HNVR), the current Change In Receivables is $0.02 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 Hanover Bancorp (HNVR) Overvalued in 2026?

Based on GuruFocus' analysis, Hanover Bancorp stock appears to be overvalued. The current stock price of $26.94 is trading 16.9% above its estimated GF Value™ of $23.04. GuruFocus considers Hanover Bancorp to be Modestly Overvalued.

Key valuation signals for HNVR:

  • Change In Receivables: $0.02 Mil
  • GF Value™: $23.04 vs. price of $26.94 (16.9% above fair value)
  • GF Score™: 67/100 with 6 warning signs

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

Hanover Bancorp Business Description

Address 80 East Jericho Turnpike, Mineola, NY, USA, 11501
Hanover Bancorp Inc is a community commercial bank focused on providing personalized and efficient services and products tailored to local needs. The Bank offers a full range of financial services, including a complete suite of consumer, commercial, and municipal banking products such as multifamily and commercial mortgages, government-guaranteed loans, residential loans, business loans, and lines of credit. In addition, it provides customers with access to 24-hour ATM services with no fees, interest-bearing free checking accounts, telephone banking, mobile and internet banking solutions for both consumer and business clients, and safe deposit boxes.
67GF Score

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

$26.94
Price
$23.04
GF Value