Lewis Group (JSE:LEW) Change In Receivables: R-1,245 Mil (TTM As of Mar. 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.

JSE:LEW Lewis Group Ltd JSE:LEW
94 GF Score
Price R85.00
GF Value R87.06
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Lewis Group Change In Receivables?

Lewis Group JSE:LEW -0.72% 94 Change In Receivables is R-1,245 Mil as of Mar. 2026. GuruFocus rates JSE:LEW with a GF Score™ of 94/100 and a GF Value™ of R87.06 (Fairly Valued). The stock has 2 warning signs investors should review.

Lewis Group's change in receivables for the quarter that ended in Mar. 2026 was R-649 Mil. It means Lewis Group's Accounts Receivable increased by R649 Mil from Sep. 2025 to Mar. 2026 .

Lewis Group's change in receivables for the fiscal year that ended in Mar. 2026 was R-1,245 Mil. It means Lewis Group's Accounts Receivable increased by R1,245 Mil from Mar. 2025 to Mar. 2026 .

Lewis Group's Accounts Receivable for the quarter that ended in Mar. 2026 was R5,709 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. Lewis Group's Days Sales Outstanding for the six months ended in Mar. 2026 was 190.30.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lewis Group's liquidation value for the six months ended in Mar. 2026 was R1,449 Mil.


Lewis Group  (JSE:LEW) 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.

Lewis Group's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5708.7/5474.6*91
=190.30

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

Lewis Group'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)
=456.6-3673.5+0.75 * 5708.7+0.5 * 768.7
=1,449

* 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.


Lewis Group Change In Receivables Related Terms


Lewis Group Change In Receivables Historical Data

* Premium members only.

The historical data trend for Lewis Group'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.

Lewis Group Change In Receivables Chart

Lewis Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -58.10 -447.10 -1,063.40 -1,061.70 -1,245.40

Lewis Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -638.80 -528.20 -533.50 -596.10 -649.30
JSE:LEW
94GF Score
Lewis Group Ltd JSE:LEW
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lewis Group 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 semi-annually data reported by the company within the most recent 12 months, which was R-1,245 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 R-1,245 Mil mean?
Lewis Group (JSE:LEW) has a Change In Receivables of R-1,245 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Lewis Group and its competitors.
Is Lewis Group's Change In Receivables too high?
Lewis Group's current Change In Receivables is R-1,245 Mil. Overall, Lewis Group has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lewis Group's Change In Receivables compare to CASY and WSM?
Lewis Group's Change In Receivables of R-1,245 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Change In Receivables depends on the Retail - Cyclical 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 Lewis Group and its competitors. Lewis Group's current Change In Receivables is R-1,245 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lewis Group stock overvalued right now?
Based on GuruFocus' analysis, Lewis Group (JSE:LEW) is currently considered Fairly Valued. The stock's GF Value™ is R87.06, compared to a current price of R85.00 — trading 2.4% below its estimated fair value. The current Change In Receivables is R-1,245 Mil. Lewis Group's overall GF Score™ is 94/100 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 Lewis Group (JSE:LEW), the current Change In Receivables is R-1,245 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 Lewis Group (JSE:LEW) Overvalued in 2026?

Based on GuruFocus' analysis, Lewis Group stock appears to be undervalued. The current stock price of R85.00 is trading 2.4% below its estimated GF Value™ of R87.06. GuruFocus considers Lewis Group to be Fairly Valued.

Key valuation signals for JSE:LEW:

  • Change In Receivables: R-1,245 Mil
  • GF Value™: R87.06 vs. price of R85.00 (2.4% below fair value)
  • GF Score™: 94/100 with 2 warning signs

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


Lewis Group Business Description

Address 53A Victoria Road, Universal House, Woodstock, Cape Town, ZAF, 7925
Lewis Group Ltd is a South Africa-based retailer of household furniture and electrical appliances through its three trading brands, Lewis, Beares, and Best Home and Electric. Lewis sells a range of household furniture, electrical appliances, and home electronics to customers in the LSM 4 to 7 categories. Best Home and Electric is a retailer of electrical appliances, sound and vision equipment, and furniture, targeting LSM four to seven customers. Its operating segments are Traditional retail and Cash retail. The company generates majority of the revenue from Traditional retail segment. Beares is a retailer of upmarket furniture, electrical appliances, and home electronics to customers in the LSM 6 to 9 categories.
94GF Score

Get the complete analysis for JSE:LEW

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

R85.00
Price
R87.06
GF Value