NGVC (Natural Grocers by Vitamin Cottage) Change In Receivables: $-2 Mil (TTM As of Mar. 2026)


NGVC Natural Grocers by Vitamin Cottage Inc NGVC
86 GF Score
Price $33.21
GF Value $27.32
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Natural Grocers by Vitamin Cottage Change In Receivables?

Natural Grocers by Vitamin Cottage NGVC +1.87% 86 Change In Receivables is $-2 Mil as of Mar. 2026. GuruFocus rates NGVC with a GF Score™ of 86/100 and a GF Value™ of $27.32 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Natural Grocers by Vitamin Cottage's change in receivables for the quarter that ended in Mar. 2026 was $-4 Mil. It means Natural Grocers by Vitamin Cottage's Accounts Receivable increased by $4 Mil from Dec. 2025 to Mar. 2026 .

Natural Grocers by Vitamin Cottage's change in receivables for the fiscal year that ended in Sep. 2025 was $-1 Mil. It means Natural Grocers by Vitamin Cottage's Accounts Receivable increased by $1 Mil from Sep. 2024 to Sep. 2025 .

Natural Grocers by Vitamin Cottage's Accounts Receivable for the quarter that ended in Mar. 2026 was $13 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. Natural Grocers by Vitamin Cottage's Days Sales Outstanding for the three months ended in Mar. 2026 was 3.54.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Natural Grocers by Vitamin Cottage's liquidation value for the three months ended in Mar. 2026 was $-358 Mil.

Natural Grocers by Vitamin Cottage  (NYSE:NGVC) 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.

Natural Grocers by Vitamin Cottage's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13.095/337.376*91
=3.54

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

Natural Grocers by Vitamin Cottage'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)
=20.723-453.806+0.75 * 13.095+0.5 * 129.686
=-358

* 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.

Natural Grocers by Vitamin Cottage Change In Receivables Related Terms

Natural Grocers by Vitamin Cottage Change In Receivables Historical Data

* Premium members only.

The historical data trend for Natural Grocers by Vitamin Cottage'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.

Natural Grocers by Vitamin Cottage Change In Receivables Chart

Natural Grocers by Vitamin Cottage Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.03 -3.60 0.69 -1.54 -1.02

Natural Grocers by Vitamin Cottage 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 -0.51 -0.69 0.04 2.69 -4.39
NGVC
86GF Score
Natural Grocers by Vitamin Cottage Inc NGVC
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Natural Grocers by Vitamin Cottage 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 $-2 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 $-2 Mil mean?
Natural Grocers by Vitamin Cottage (NGVC) has a Change In Receivables of $-2 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Natural Grocers by Vitamin Cottage and its competitors.
Is Natural Grocers by Vitamin Cottage's Change In Receivables too high?
Natural Grocers by Vitamin Cottage's current Change In Receivables is $-2 Mil. Overall, Natural Grocers by Vitamin Cottage has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Natural Grocers by Vitamin Cottage's Change In Receivables compare to YSWY and VLGEA?
Natural Grocers by Vitamin Cottage's Change In Receivables of $-2 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Change In Receivables depends on the Retail - Defensive 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 Natural Grocers by Vitamin Cottage and its competitors. Natural Grocers by Vitamin Cottage's current Change In Receivables is $-2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natural Grocers by Vitamin Cottage stock overvalued right now?
Based on GuruFocus' analysis, Natural Grocers by Vitamin Cottage (NGVC) is currently considered Modestly Overvalued. The stock's GF Value™ is $27.32, compared to a current price of $33.21 — trading 21.6% above its estimated fair value. The current Change In Receivables is $-2 Mil. Natural Grocers by Vitamin Cottage's overall GF Score™ is 86/100 with 2 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 Natural Grocers by Vitamin Cottage (NGVC), the current Change In Receivables is $-2 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 Natural Grocers by Vitamin Cottage (NGVC) Overvalued in 2026?

Based on GuruFocus' analysis, Natural Grocers by Vitamin Cottage stock appears to be overvalued. The current stock price of $33.21 is trading 21.6% above its estimated GF Value™ of $27.32. GuruFocus considers Natural Grocers by Vitamin Cottage to be Modestly Overvalued.

Key valuation signals for NGVC:

  • Change In Receivables: $-2 Mil
  • GF Value™: $27.32 vs. price of $33.21 (21.6% above fair value)
  • GF Score™: 86/100 with 2 warning signs

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

Natural Grocers by Vitamin Cottage Business Description

Other Exchanges N2V:Germany
Address 12612 West Alameda Parkway, Lakewood, CO, USA, 80228
Natural Grocers by Vitamin Cottage Inc operates natural and organic grocery and dietary supplement stores. It offers the following product categories: natural and organic food, dietary supplements, natural body care, household, pet care products, books, and handouts. The Company has a single reporting segment, natural and organic retail stores, through which business is conducted. The company generates the majority of its revenue from grocery products and dietary supplements, and the rest from other products.
86GF Score

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

$33.21
Price
$27.32
GF Value