Polaris (MEX:PII) Change In Receivables: MXN-658 Mil (TTM As of Mar. 2026)

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MEX:PII Polaris Inc MEX:PII
73 GF Score
Price MXN1,213.00
GF Value MXN1,170.24
! 10 Warning Signs
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What is Polaris Change In Receivables?

Polaris MEX:PII 73 Change In Receivables is MXN-658 Mil as of Mar. 2026. GuruFocus rates MEX:PII with a GF Score™ of 73/100 and a GF Value™ of MXN1,170.24. The stock has 10 warning signs investors should review.

Polaris's change in receivables for the quarter that ended in Mar. 2026 was MXN-308 Mil. It means Polaris's Accounts Receivable increased by MXN308 Mil from Dec. 2025 to Mar. 2026 .

Polaris's change in receivables for the fiscal year that ended in Dec. 2025 was MXN-614 Mil. It means Polaris's Accounts Receivable increased by MXN614 Mil from Dec. 2024 to Dec. 2025 .

Polaris's Accounts Receivable for the quarter that ended in Mar. 2026 was MXN4,490 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. Polaris's Days Sales Outstanding for the three months ended in Mar. 2026 was 13.70.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Polaris's liquidation value for the three months ended in Mar. 2026 was MXN-58,316 Mil.

Polaris  (MEX:PII) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4490.142/29910.84*91
=13.70

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

Polaris'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)
=5085.221-80901.905+0.75 * 4490.142+0.5 * 28266.257
=-58,316

* 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.

Polaris Change In Receivables Related Terms

Polaris Change In Receivables Historical Data

* Premium members only.

The historical data trend for Polaris'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.

Polaris Change In Receivables Chart

Polaris 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 36.93 -2,390.21 831.74 2,156.48 -613.99

Polaris Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 -306.87 -99.80 -97.22 -153.05 -308.36
MEX:PII
73GF Score
Polaris Inc MEX:PII
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Polaris 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 quarterly data reported by the company within the most recent 12 months, which was MXN-658 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 MXN-658 Mil mean?
Polaris (MEX:PII) has a Change In Receivables of MXN-658 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Polaris and its competitors.
Is Polaris' Change In Receivables too high?
Polaris' current Change In Receivables is MXN-658 Mil. Overall, Polaris has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Polaris' Change In Receivables compare to THO and PATK?
Polaris' Change In Receivables of MXN-658 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Change In Receivables depends on the Vehicles & Parts 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 Polaris and its competitors. Polaris's current Change In Receivables is MXN-658 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polaris stock overvalued right now?
Polaris (MEX:PII) has a current Change In Receivables of MXN-658 Mil. The stock's GF Value™ is MXN1,170.24, compared to a current price of MXN1,213.00 — trading 3.7% above its estimated fair value. The current Change In Receivables is MXN-658 Mil. Polaris' overall GF Score™ is 73/100 with 10 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 Polaris (MEX:PII), the current Change In Receivables is MXN-658 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 Polaris (MEX:PII) Overvalued in 2026?

Based on GuruFocus' analysis, Polaris stock appears to be overvalued. The current stock price of MXN1,213.00 is trading 3.7% above its estimated GF Value™ of MXN1,170.24.

Key valuation signals for MEX:PII:

  • Change In Receivables: MXN-658 Mil
  • GF Value™: MXN1,170.24 vs. price of MXN1,213.00 (3.7% above fair value)
  • GF Score™: 73/100 with 10 warning signs

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

Polaris Business Description

Other Exchanges PII:USA0KJQ:UKPL6:Germany
Address 2100 Highway 55, Medina, MN, USA, 55340
Polaris designs and manufactures off-road vehicles, including all-terrain vehicles and side-by-side vehicles for recreational and utility purposes, snowmobiles, and on-road vehicles, along with the related replacement parts, garments, and accessories. The firm entered the marine market after acquiring Boat Holdings in 2018, offering exposure to pontoon and deck boat users. It is slated to divest its Indian motorcycle brand to Carolwood in the first quarter of 2026. Polaris products are retailed through more than 2,500 dealers in North America and 1,500 international dealers as well as more than 25 subsidiaries and 90 distributors in more than 100 countries outside North America.
73GF Score

Get the complete analysis for MEX:PII

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

MXN1,213.00
Price
MXN1,170.24
GF Value