NRBT (Novus Robotics) Change In Receivables: $0.38 Mil (TTM As of Jun. 2026)

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NRBT Novus Robotics Inc NRBT
12 GF Score
Price $0.03
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What is Novus Robotics Change In Receivables?

Novus Robotics NRBT 12 Change In Receivables is $0.38 Mil as of Jun. 2026. GuruFocus rates NRBT with a GF Score™ of 12/100.

Novus Robotics's change in receivables for the quarter that ended in Jun. 2026 was $0.59 Mil. It means Novus Robotics's Accounts Receivable declined by $0.59 Mil from Mar. 2026 to Jun. 2026 .

Novus Robotics's change in receivables for the fiscal year that ended in Dec. 2025 was $0.33 Mil. It means Novus Robotics's Accounts Receivable declined by $0.33 Mil from Dec. 2024 to Dec. 2025 .

Novus Robotics's Accounts Receivable for the quarter that ended in Jun. 2026 was $0.06 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. Novus Robotics's Days Sales Outstanding for the three months ended in Jun. 2026 was 445.43.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Novus Robotics's liquidation value for the three months ended in Jun. 2026 was $0.15 Mil.

Novus Robotics  (OTCPK:NRBT) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.056425/0.011559*91
=445.43

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

Novus Robotics'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)
=1.453358-1.733097+0.75 * 0.056425+0.5 * 0.770843
=0.15

* 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.

Novus Robotics Change In Receivables Related Terms

Novus Robotics Change In Receivables Historical Data

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The historical data trend for Novus Robotics'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.

Novus Robotics Change In Receivables Chart

Novus Robotics 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 0.15 -0.14 -1.77 0.82 0.33

Novus Robotics 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 0.27 -0.27 -0.12 0.19 0.59
NRBT
12GF Score
Novus Robotics Inc NRBT
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Novus Robotics 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 $0.38 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 $0.38 Mil mean?
Novus Robotics (NRBT) has a Change In Receivables of $0.38 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Novus Robotics and its competitors.
Is Novus Robotics' Change In Receivables too high?
Novus Robotics' current Change In Receivables is $0.38 Mil. Overall, Novus Robotics has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Novus Robotics' Change In Receivables compare to SEII?
Novus Robotics' Change In Receivables of $0.38 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Change In Receivables depends on the Industrial Products 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 Novus Robotics and its competitors. Novus Robotics's current Change In Receivables is $0.38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novus Robotics stock overvalued right now?
Novus Robotics (NRBT) has a current Change In Receivables of $0.38 Mil. The current Change In Receivables is $0.38 Mil. Novus Robotics' overall GF Score™ is 12/100. 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 Novus Robotics (NRBT), the current Change In Receivables is $0.38 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.

Novus Robotics Business Description

Address 7669 Kimbel Street, Mississauga, ON, CAN, L5S 1A7
Novus Robotics Inc is involved in engineering, designing, and manufacturing robotics and automation solutions for tube forming machines. It provides state of the art technology for the Automotive Industry in passenger seating and for Aluminum applications for automotive panels and bumpers. The company also makes precision components using its manufacturing systems, knowledge, and technology.
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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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