Covestro AG (LTS:0RBE) Change In Receivables: €-19 Mil (TTM As of Jun. 2026)

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LTS:0RBE Covestro AG LTS:0RBE
71 GF Score
Price €59.83
GF Value €50.04
! 7 Warning Signs
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What is Covestro AG Change In Receivables?

Covestro AG LTS:0RBE 71 Change In Receivables is €-19 Mil as of Jun. 2026. GuruFocus rates LTS:0RBE with a GF Score™ of 71/100 and a GF Value™ of €50.04. The stock has 7 warning signs investors should review.

Covestro AG's change in receivables for the quarter that ended in Jun. 2026 was €-392 Mil. It means Covestro AG's Accounts Receivable increased by €392 Mil from Dec. 2025 to Jun. 2026 .

Covestro AG's change in receivables for the fiscal year that ended in Dec. 2025 was €136 Mil. It means Covestro AG's Accounts Receivable declined by €136 Mil from Dec. 2024 to Dec. 2025 .

Covestro AG's Accounts Receivable for the quarter that ended in Jun. 2026 was €1,930 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. Covestro AG's Days Sales Outstanding for the six months ended in Jun. 2026 was 52.34.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Covestro AG's liquidation value for the six months ended in Jun. 2026 was €-2,739 Mil.

Covestro AG  (LTS:0RBE) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1930/6729*91
=52.34

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

Covestro AG'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)
=984-6533+0.75 * 1930+0.5 * 2725
=-2,739

* 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.

Covestro AG Change In Receivables Related Terms

Covestro AG Change In Receivables Historical Data

* Premium members only.

The historical data trend for Covestro AG'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.

Covestro AG Change In Receivables Chart

Covestro AG 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 -462.00 377.00 76.00 184.00 136.00

Covestro AG Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 -154.00 338.00 -237.00 373.00 -392.00
LTS:0RBE
71GF Score
Covestro AG LTS:0RBE
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Covestro AG 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 semi-annually data reported by the company within the most recent 12 months, which was €-19 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 €-19 Mil mean?
Covestro AG (LTS:0RBE) has a Change In Receivables of €-19 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Covestro AG and its competitors.
Is Covestro AG's Change In Receivables too high?
Covestro AG's current Change In Receivables is €-19 Mil. Overall, Covestro AG has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Covestro AG's Change In Receivables compare to LIN and SHW?
Covestro AG's Change In Receivables of €-19 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Change In Receivables depends on the Chemicals 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 Covestro AG and its competitors. Covestro AG's current Change In Receivables is €-19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covestro AG stock overvalued right now?
Covestro AG (LTS:0RBE) has a current Change In Receivables of €-19 Mil. The stock's GF Value™ is €50.04, compared to a current price of €59.83 — trading 19.6% above its estimated fair value. The current Change In Receivables is €-19 Mil. Covestro AG's overall GF Score™ is 71/100 with 7 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 Covestro AG (LTS:0RBE), the current Change In Receivables is €-19 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 Covestro AG (LTS:0RBE) Overvalued in 2026?

Based on GuruFocus' analysis, Covestro AG stock appears to be overvalued. The current stock price of €59.83 is trading 19.6% above its estimated GF Value™ of €50.04.

Key valuation signals for LTS:0RBE:

  • Change In Receivables: €-19 Mil
  • GF Value™: €50.04 vs. price of €59.83 (19.6% above fair value)
  • GF Score™: 71/100 with 7 warning signs

No single metric tells the full story. See the LTS:0RBE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Covestro AG Business Description

Other Exchanges COVTY:USA1COV:Germany
Address Kaiser-Wilhelm-Allee 60, Leverkusen, NW, DEU, 51373
Covestro AG is a player in the polymer materials field. The firm is engaged in polyurethanes and polycarbonates products. It also has a sizable speciality chemicals business that is focused on coatings and adhesives. Demand for the company's products is driven by cyclical end markets, such as automotive, construction, and furniture. The company's segment includes Performance Materials and Solutions & Specialties. The company generates the majority of its revenue from the Solutions & Specialties segment. The Solutions & Specialties segment includes six business entities: Engineering Plastics; Coatings & Adhesives; Tailored Urethanes; Thermoplastic Polyurethanes; Specialty Films; and Elastomers.
71GF Score

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

€59.83
Price
€50.04
GF Value