MRCY (Mercury Systems) Change In Receivables: $32.7 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.

MRCY Mercury Systems Inc MRCY
62 GF Score
Price $97.79
GF Value $48.16
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Mercury Systems Change In Receivables?

Mercury Systems MRCY -3.30% 62 Change In Receivables is $32.7 Mil as of Jun. 2026. GuruFocus rates MRCY with a GF Score™ of 62/100 and a GF Value™ of $48.16 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Mercury Systems's change in receivables for the quarter that ended in Jun. 2026 was $10.1 Mil. It means Mercury Systems's Accounts Receivable declined by $10.1 Mil from Mar. 2026 to Jun. 2026 .

Mercury Systems's change in receivables for the fiscal year that ended in Jun. 2026 was $32.7 Mil. It means Mercury Systems's Accounts Receivable declined by $32.7 Mil from Jun. 2025 to Jun. 2026 .

Mercury Systems's Accounts Receivable for the quarter that ended in Jun. 2026 was $69.2 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. Mercury Systems's Days Sales Outstanding for the three months ended in Jun. 2026 was 21.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mercury Systems's liquidation value for the three months ended in Jun. 2026 was $-375.6 Mil.


Mercury Systems  (NAS:MRCY) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=69.222/289.782*91
=21.80

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

Mercury Systems'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)
=214.306-825.318+0.75 * 69.222+0.5 * 366.968
=-375.6

* 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.


Mercury Systems Change In Receivables Related Terms


Mercury Systems Change In Receivables Historical Data

* Premium members only.

The historical data trend for Mercury Systems'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.

Mercury Systems Change In Receivables Chart

Mercury Systems Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -146.48 -58.72 76.46 29.95 32.72

Mercury Systems 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 -10.84 20.14 -11.99 14.45 10.12
MRCY
62GF Score
Mercury Systems Inc MRCY
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mercury Systems 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 $32.7 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 $32.7 Mil mean?
Mercury Systems (MRCY) has a Change In Receivables of $32.7 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Mercury Systems and its competitors.
Is Mercury Systems' Change In Receivables too high?
Mercury Systems' current Change In Receivables is $32.7 Mil. Overall, Mercury Systems has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mercury Systems' Change In Receivables compare to KRMN and LOAR?
Mercury Systems' Change In Receivables of $32.7 Mil can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Change In Receivables depends on the Aerospace & Defense 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 Mercury Systems and its competitors. Mercury Systems's current Change In Receivables is $32.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercury Systems stock overvalued right now?
Based on GuruFocus' analysis, Mercury Systems (MRCY) is currently considered Significantly Overvalued. The stock's GF Value™ is $48.16, compared to a current price of $97.79 — trading 103.1% above its estimated fair value. The current Change In Receivables is $32.7 Mil. Mercury Systems' overall GF Score™ is 62/100 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 Mercury Systems (MRCY), the current Change In Receivables is $32.7 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 Mercury Systems (MRCY) Overvalued in 2026?

Based on GuruFocus' analysis, Mercury Systems stock appears to be overvalued. The current stock price of $97.79 is trading 103.1% above its estimated GF Value™ of $48.16. GuruFocus considers Mercury Systems to be Significantly Overvalued.

Key valuation signals for MRCY:

  • Change In Receivables: $32.7 Mil
  • GF Value™: $48.16 vs. price of $97.79 (103.1% above fair value)
  • GF Score™: 62/100 with 4 warning signs

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


Mercury Systems Business Description

Other Exchanges MRCY:MexicoMCY:Germany
Address 50 Minuteman Road, Andover, MA, USA, 01810
Mercury Systems Inc is a commercial technology company serving the aerospace and defense industry. The company envisions, creates, and delivers secure open architecture solutions powering a broad range of mission-critical applications in challenging and demanding environments. Its Mercury Processing Platform spans the full breadth of signal processing from radio frequency front end to the human-machine interface to convert meaningful data, gathered in remote and hostile environments, into critical decisions. The company manufactures components, products, modules, and subsystems and sells to defense prime contractors, the U.S. government, original equipment manufacturers, and commercial aerospace companies. Geographically, it derives maximum revenue from the United States.
62GF Score

Get the complete analysis for MRCY

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

$97.79
Price
$48.16
GF Value