NIC (Nicolet Bankshares) Change In Receivables: $18.2 Mil (TTM As of Jun. 2026)

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NIC Nicolet Bankshares Inc NIC
67 GF Score
Price $172.54
GF Value $140.31
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Nicolet Bankshares Change In Receivables?

Nicolet Bankshares NIC -0.78% 67 Change In Receivables is $18.2 Mil as of Jun. 2026. GuruFocus rates NIC with a GF Score™ of 67/100 and a GF Value™ of $140.31 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Nicolet Bankshares's change in receivables for the quarter that ended in Jun. 2026 was $22.8 Mil. It means Nicolet Bankshares's Accounts Receivable declined by $22.8 Mil from Mar. 2026 to Jun. 2026 .

Nicolet Bankshares's change in receivables for the fiscal year that ended in Dec. 2025 was $-5.2 Mil. It means Nicolet Bankshares's Accounts Receivable increased by $5.2 Mil from Dec. 2024 to Dec. 2025 .

Nicolet Bankshares's Accounts Receivable for the quarter that ended in Jun. 2026 was $0.0 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. Nicolet Bankshares's Days Sales Outstanding for the three months ended in Jun. 2026 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nicolet Bankshares's liquidation value for the three months ended in Jun. 2026 was $-11,396.6 Mil.


Nicolet Bankshares  (NYSE:NIC) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/177.75*91
=0.00

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

Nicolet Bankshares'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)
=1746.522-13143.145+0.75 * 0+0.5 * 0
=-11,396.6

* 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.


Nicolet Bankshares Change In Receivables Related Terms


Nicolet Bankshares Change In Receivables Historical Data

* Premium members only.

The historical data trend for Nicolet Bankshares'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.

Nicolet Bankshares Change In Receivables Chart

Nicolet Bankshares 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 -10.53 0.07 -5.34 11.74 -5.20

Nicolet Bankshares 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 -1.77 -0.51 -2.94 -1.15 22.82
NIC
67GF Score
Nicolet Bankshares Inc NIC
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Nicolet Bankshares 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 $18.2 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 $18.2 Mil mean?
Nicolet Bankshares (NIC) has a Change In Receivables of $18.2 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Nicolet Bankshares and its competitors.
Is Nicolet Bankshares' Change In Receivables too high?
Nicolet Bankshares' current Change In Receivables is $18.2 Mil. Overall, Nicolet Bankshares has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nicolet Bankshares' Change In Receivables compare to FFBC and CBU?
Nicolet Bankshares' Change In Receivables of $18.2 Mil can be compared against companies in the Banks 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 Banks company?
A good Change In Receivables depends on the Banks 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 Nicolet Bankshares and its competitors. Nicolet Bankshares's current Change In Receivables is $18.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nicolet Bankshares stock overvalued right now?
Based on GuruFocus' analysis, Nicolet Bankshares (NIC) is currently considered Modestly Overvalued. The stock's GF Value™ is $140.31, compared to a current price of $172.54 — trading 23% above its estimated fair value. The current Change In Receivables is $18.2 Mil. Nicolet Bankshares' overall GF Score™ is 67/100 with 6 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 Nicolet Bankshares (NIC), the current Change In Receivables is $18.2 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 Nicolet Bankshares (NIC) Overvalued in 2026?

Based on GuruFocus' analysis, Nicolet Bankshares stock appears to be overvalued. The current stock price of $172.54 is trading 23% above its estimated GF Value™ of $140.31. GuruFocus considers Nicolet Bankshares to be Modestly Overvalued.

Key valuation signals for NIC:

  • Change In Receivables: $18.2 Mil
  • GF Value™: $140.31 vs. price of $172.54 (23% above fair value)
  • GF Score™: 67/100 with 6 warning signs

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


Nicolet Bankshares Business Description

Address 111 North Washington Street, Green Bay, WI, USA, 54301
Nicolet Bankshares Inc is a United States-based bank holding company's principal business is banking, consisting of lending and deposit gathering, as well as ancillary banking-related products and services, to businesses and individuals of the communities it serves, and the operational support to deliver, fund and manage. It offers a variety of loans, deposits, and related services to business customers especially small and medium-sized businesses and professional concerns, business deposit products, cash management services, international banking services, business loans, lines of credit, commercial real estate financing, construction loans, agricultural real estate or production loans, and letters of credit, as well as retirement plan services.
67GF Score

Get the complete analysis for NIC

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

$172.54
Price
$140.31
GF Value