INNV (InnovAge Holding) Change In Receivables: $-6.0 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

INNV InnovAge Holding Corp INNV
57 GF Score
Price $10.71
GF Value $6.74
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is InnovAge Holding Change In Receivables?

InnovAge Holding INNV -2.72% 57 Change In Receivables is $-6.0 Mil as of Jun. 2026. GuruFocus rates INNV with a GF Score™ of 57/100 and a GF Value™ of $6.74 (Significantly Overvalued). The stock has 4 warning signs investors should review.

InnovAge Holding's change in receivables for the quarter that ended in Jun. 2026 was $-13.7 Mil. It means InnovAge Holding's Accounts Receivable increased by $13.7 Mil from Mar. 2026 to Jun. 2026 .

InnovAge Holding's change in receivables for the fiscal year that ended in Jun. 2026 was $-6.0 Mil. It means InnovAge Holding's Accounts Receivable increased by $6.0 Mil from Jun. 2025 to Jun. 2026 .

InnovAge Holding's Accounts Receivable for the quarter that ended in Jun. 2026 was $42.4 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. InnovAge Holding's Days Sales Outstanding for the three months ended in Jun. 2026 was 14.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. InnovAge Holding's liquidation value for the three months ended in Jun. 2026 was $-115.5 Mil.


InnovAge Holding  (NAS:INNV) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=42.39/261.951*91
=14.77

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

InnovAge Holding'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)
=141.326-288.617+0.75 * 42.39+0.5 * 0
=-115.5

* 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.


InnovAge Holding Change In Receivables Related Terms


InnovAge Holding Change In Receivables Historical Data

* Premium members only.

The historical data trend for InnovAge Holding'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.

InnovAge Holding Change In Receivables Chart

InnovAge Holding Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Change In Receivables
Get a 7-Day Free Trial -10.87 14.72 -33.40 11.22 -5.98

InnovAge Holding 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 8.04 13.20 1.87 -7.36 -13.70
INNV
57GF Score
InnovAge Holding Corp INNV
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

InnovAge Holding 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 $-6.0 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 $-6.0 Mil mean?
InnovAge Holding (INNV) has a Change In Receivables of $-6.0 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for InnovAge Holding and its competitors.
Is InnovAge Holding's Change In Receivables too high?
InnovAge Holding's current Change In Receivables is $-6.0 Mil. Overall, InnovAge Holding has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does InnovAge Holding's Change In Receivables compare to HCSG and ARDT?
InnovAge Holding's Change In Receivables of $-6.0 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Change In Receivables depends on the Healthcare Providers & Services 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 InnovAge Holding and its competitors. InnovAge Holding's current Change In Receivables is $-6.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InnovAge Holding stock overvalued right now?
Based on GuruFocus' analysis, InnovAge Holding (INNV) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.74, compared to a current price of $10.71 — trading 58.9% above its estimated fair value. The current Change In Receivables is $-6.0 Mil. InnovAge Holding's overall GF Score™ is 57/100 with 4 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 InnovAge Holding (INNV), the current Change In Receivables is $-6.0 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 InnovAge Holding (INNV) Overvalued in 2026?

Based on GuruFocus' analysis, InnovAge Holding stock appears to be overvalued. The current stock price of $10.71 is trading 58.9% above its estimated GF Value™ of $6.74. GuruFocus considers InnovAge Holding to be Significantly Overvalued.

Key valuation signals for INNV:

  • Change In Receivables: $-6.0 Mil
  • GF Value™: $6.74 vs. price of $10.71 (58.9% above fair value)
  • GF Score™: 57/100 with 4 warning signs

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


InnovAge Holding Business Description

Address 8950 East Lowry Boulevard, Denver, CO, USA, 80230
InnovAge Holding Corp is a healthcare delivery platform comprising multiple participants focused on providing all-inclusive, capitated care to high-cost seniors, many of whom are dual-eligible. Its programs are designed to address two of the pressing challenges facing the U.S. healthcare industry: rising costs and poor outcomes. The purpose of the participant-centered care delivery approach is to improve the quality of care participants receive, while keeping them in their homes for as long as possible and reducing the overutilization of high-cost care settings, such as hospitals and nursing homes. The company manages its business as one reportable segment, PACE.
57GF Score

Get the complete analysis for INNV

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

$10.71
Price
$6.74
GF Value