PNE AG (MIL:1PNE) Change In Receivables: €-41.1 Mil (TTM As of Jun. 2026)

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MIL:1PNE PNE AG MIL:1PNE
49 GF Score
Price €7.16
GF Value €20.00
Valuation Possible Value Trap
! 5 Warning Signs
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What is PNE AG Change In Receivables?

PNE AG MIL:1PNE 49 Change In Receivables is €-41.1 Mil as of Jun. 2026. GuruFocus rates MIL:1PNE with a GF Score™ of 49/100 and a GF Value™ of €20.00 (Possible Value Trap). The stock has 5 warning signs investors should review.

PNE AG's change in receivables for the quarter that ended in Jun. 2026 was €18.6 Mil. It means PNE AG's Accounts Receivable declined by €18.6 Mil from Mar. 2026 to Jun. 2026 .

PNE AG's change in receivables for the fiscal year that ended in Dec. 2025 was €-8.3 Mil. It means PNE AG's Accounts Receivable increased by €8.3 Mil from Dec. 2024 to Dec. 2025 .

PNE AG's Accounts Receivable for the quarter that ended in Jun. 2026 was €42.5 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. PNE AG's Days Sales Outstanding for the three months ended in Jun. 2026 was 95.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. PNE AG's liquidation value for the three months ended in Jun. 2026 was €-827.6 Mil.

PNE AG  (MIL:1PNE) 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.

PNE 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
=42.5/40.6*91
=95.52

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

PNE 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)
=56.9-997.1+0.75 * 42.5+0.5 * 161.4
=-827.6

* 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.

PNE AG Change In Receivables Related Terms

PNE AG Change In Receivables Historical Data

* Premium members only.

The historical data trend for PNE 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.

PNE AG Change In Receivables Chart

PNE 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 41.55 20.25 14.60 -38.00 -8.30

PNE AG 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 -1.30 -16.90 -24.10 -18.70 18.60
MIL:1PNE
49GF Score
PNE AG MIL:1PNE
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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PNE 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 quarterly data reported by the company within the most recent 12 months, which was €-41.1 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 €-41.1 Mil mean?
PNE AG (MIL:1PNE) has a Change In Receivables of €-41.1 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for PNE AG and its competitors.
Is PNE AG's Change In Receivables too high?
PNE AG's current Change In Receivables is €-41.1 Mil. Overall, PNE AG has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PNE AG's Change In Receivables compare to competitors?
PNE AG's Change In Receivables of €-41.1 Mil can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Change In Receivables depends on the Utilities - Independent Power Producers 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 PNE AG and its competitors. PNE AG's current Change In Receivables is €-41.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PNE AG stock overvalued right now?
Based on GuruFocus' analysis, PNE AG (MIL:1PNE) is currently considered Possible Value Trap. The stock's GF Value™ is €20.00, compared to a current price of €7.16 — trading 64.2% below its estimated fair value. The current Change In Receivables is €-41.1 Mil. PNE AG's overall GF Score™ is 49/100 with 5 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 PNE AG (MIL:1PNE), the current Change In Receivables is €-41.1 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 PNE AG (MIL:1PNE) Overvalued in 2026?

Based on GuruFocus' analysis, PNE AG stock appears to be undervalued. The current stock price of €7.16 is trading 64.2% below its estimated GF Value™ of €20.00. GuruFocus considers PNE AG to be Possible Value Trap.

Key valuation signals for MIL:1PNE:

  • Change In Receivables: €-41.1 Mil
  • GF Value™: €20.00 vs. price of €7.16 (64.2% below fair value)
  • GF Score™: 49/100 with 5 warning signs

No single metric tells the full story. See the MIL:1PNE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

PNE AG Business Description

Address Peter Henlein-Strasse 2-4, Cuxhaven, NI, DEU, 27472
PNE AG is a developer of projects in the renewable energy sector. The company's core business is the project development as well the construction and operation of onshore and offshore wind farms. It operates in three segments: project development (project planning of wind energy and photovoltaic projects), power generation, and services (management and servicing of wind farms and PV power plants as well as revenues from transformer station usage fees). In the power generation segment, revenues were achieved by the sale of electricity from ongoing operations of wind farms and of the Silbitz biomass power station. Key revenue is generated from power generation segment.
49GF Score

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

€7.16
Price
€20.00
GF Value