Express Kenya (NAI:XPRS) Change In Receivables: KES-1.65 Mil (TTM As of Dec. 2025)

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.

NAI:XPRS Express Kenya PLC NAI:XPRS
44 GF Score
Price KES7.24
GF Value KES2.51
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Express Kenya Change In Receivables?

Express Kenya NAI:XPRS -1.63% 44 Change In Receivables is KES-1.65 Mil as of Dec. 2025. GuruFocus rates NAI:XPRS with a GF Score™ of 44/100 and a GF Value™ of KES2.51 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Express Kenya's change in receivables for the quarter that ended in Dec. 2025 was KES-1.65 Mil. It means Express Kenya's Accounts Receivable increased by KES1.65 Mil from Dec. 2024 to Dec. 2025 .

Express Kenya's change in receivables for the fiscal year that ended in Dec. 2025 was KES-1.65 Mil. It means Express Kenya's Accounts Receivable increased by KES1.65 Mil from Dec. 2024 to Dec. 2025 .

Express Kenya's Accounts Receivable for the quarter that ended in Dec. 2025 was KES3.69 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. Express Kenya's Days Sales Outstanding for the six months ended in Dec. 2025 was 31.69.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Express Kenya's liquidation value for the six months ended in Dec. 2025 was KES-978.32 Mil.

Express Kenya  (NAI:XPRS) 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.

Express Kenya's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.693/21.265*91
=31.69

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

Express Kenya's liquidation value for the quarter that ended in Dec. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.319-996.787+0.75 * 3.693+0.5 * 28.752
=-978.32

* 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.

Express Kenya Change In Receivables Related Terms

Express Kenya Change In Receivables Historical Data

* Premium members only.

The historical data trend for Express Kenya'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.

Express Kenya Change In Receivables Chart

Express Kenya 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 0.00 -0.49 -5.97 -1.88 -1.65

Express Kenya Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 -0.49 -5.97 -1.88 -1.65
NAI:XPRS
44GF Score
Express Kenya PLC NAI:XPRS
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Express Kenya 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2025 was KES-1.65 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 KES-1.65 Mil mean?
Express Kenya (NAI:XPRS) has a Change In Receivables of KES-1.65 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Express Kenya and its competitors.
Is Express Kenya's Change In Receivables too high?
Express Kenya's current Change In Receivables is KES-1.65 Mil. Overall, Express Kenya has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Express Kenya's Change In Receivables compare to CTAS and CPRT?
Express Kenya's Change In Receivables of KES-1.65 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Change In Receivables depends on the Business Services 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 Express Kenya and its competitors. Express Kenya's current Change In Receivables is KES-1.65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Express Kenya stock overvalued right now?
Based on GuruFocus' analysis, Express Kenya (NAI:XPRS) is currently considered Significantly Overvalued. The stock's GF Value™ is KES2.51, compared to a current price of KES7.24 — trading 188.4% above its estimated fair value. The current Change In Receivables is KES-1.65 Mil. Express Kenya's overall GF Score™ is 44/100 with 9 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 Express Kenya (NAI:XPRS), the current Change In Receivables is KES-1.65 Mil as of Dec. 2025. 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 Express Kenya (NAI:XPRS) Overvalued in 2026?

Based on GuruFocus' analysis, Express Kenya stock appears to be overvalued. The current stock price of KES7.24 is trading 188.4% above its estimated GF Value™ of KES2.51. GuruFocus considers Express Kenya to be Significantly Overvalued.

Key valuation signals for NAI:XPRS:

  • Change In Receivables: KES-1.65 Mil
  • GF Value™: KES2.51 vs. price of KES7.24 (188.4% above fair value)
  • GF Score™: 44/100 with 9 warning signs

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

Express Kenya Business Description

Address Road A, Off Enterprise Road, Industrial Area, P.O. Box 40433, Express House, Nairobi, KEN, 00100
Express Kenya PLC engages in the provision of clearing and forwarding services for both air and sea, as well as warehousing and logistics services. It operates through the following segments: Warehousing, and Real Estate. The Warehousing segment which accounts for the majority of revenue comprises the storage of customers' goods in the warehousing facility. The Real Estate segment consists of the development of properties. Geographically, the company operates only in Kenya.
44GF Score

Get the complete analysis for NAI:XPRS

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

KES7.24
Price
KES2.51
GF Value