NTIC (Northern Technologies International) Change In Receivables: $-2.08 Mil (TTM As of May. 2026)

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NTIC Northern Technologies International Corp NTIC
63 GF Score
Price $8.01
GF Value $13.28
Valuation Possible Value Trap
! 5 Warning Signs
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What is Northern Technologies International Change In Receivables?

Northern Technologies International NTIC -0.43% 63 Change In Receivables is $-2.08 Mil as of May. 2026. GuruFocus rates NTIC with a GF Score™ of 63/100 and a GF Value™ of $13.28 (Possible Value Trap). The stock has 5 warning signs investors should review.

Northern Technologies International's change in receivables for the quarter that ended in May. 2026 was $-1.02 Mil. It means Northern Technologies International's Accounts Receivable increased by $1.02 Mil from Feb. 2026 to May. 2026 .

Northern Technologies International's change in receivables for the fiscal year that ended in Aug. 2025 was $1.10 Mil. It means Northern Technologies International's Accounts Receivable declined by $1.10 Mil from Aug. 2024 to Aug. 2025 .

Northern Technologies International's Accounts Receivable for the quarter that ended in May. 2026 was $18.69 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. Northern Technologies International's Days Sales Outstanding for the three months ended in May. 2026 was 70.41.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Northern Technologies International's liquidation value for the three months ended in May. 2026 was $-0.63 Mil.


Northern Technologies International  (NAS:NTIC) 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.

Northern Technologies International's Days Sales Outstanding for the quarter that ended in May. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=18.685/24.216*91
=70.41

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

Northern Technologies International's liquidation value for the quarter that ended in May. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=7.276-29.843+0.75 * 18.685+0.5 * 15.839
=-0.63

* 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.


Northern Technologies International Change In Receivables Related Terms


Northern Technologies International Change In Receivables Historical Data

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The historical data trend for Northern Technologies International'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.

Northern Technologies International Change In Receivables Chart

Northern Technologies International Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.12 -2.14 -3.29 -1.28 1.10

Northern Technologies International Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 -1.21 -0.78 -0.79 0.52 -1.02
NTIC
63GF Score
Northern Technologies International Corp NTIC
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Technologies International 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 May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.08 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 $-2.08 Mil mean?
Northern Technologies International (NTIC) has a Change In Receivables of $-2.08 Mil as of May. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Northern Technologies International and its competitors.
Is Northern Technologies International's Change In Receivables too high?
Northern Technologies International's current Change In Receivables is $-2.08 Mil. Overall, Northern Technologies International has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Northern Technologies International's Change In Receivables compare to FSI and KBLB?
Northern Technologies International's Change In Receivables of $-2.08 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Change In Receivables depends on the Chemicals 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 Northern Technologies International and its competitors. Northern Technologies International's current Change In Receivables is $-2.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Technologies International stock overvalued right now?
Based on GuruFocus' analysis, Northern Technologies International (NTIC) is currently considered Possible Value Trap. The stock's GF Value™ is $13.28, compared to a current price of $8.01 — trading 39.7% below its estimated fair value. The current Change In Receivables is $-2.08 Mil. Northern Technologies International's overall GF Score™ is 63/100 with 5 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 Northern Technologies International (NTIC), the current Change In Receivables is $-2.08 Mil as of May. 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 Northern Technologies International (NTIC) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Technologies International stock appears to be undervalued. The current stock price of $8.01 is trading 39.7% below its estimated GF Value™ of $13.28. GuruFocus considers Northern Technologies International to be Possible Value Trap.

Key valuation signals for NTIC:

  • Change In Receivables: $-2.08 Mil
  • GF Value™: $13.28 vs. price of $8.01 (39.7% below fair value)
  • GF Score™: 63/100 with 5 warning signs

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


Northern Technologies International Business Description

Address 4201 Woodland Road, P.O. Box 69, Circle Pines, MN, USA, 55014
Northern Technologies International Corp is a United States-based firm that develops and markets proprietary, environmentally beneficial products and services world wide either directly or through a network of joint ventures, distributors, and agents. It operates through two segments, which include ZERUST products and services and Nature-Tec products. Its main business is providing corrosion prevention solutions that are marketed under the ZERUST brand. The company also sells a portfolio of bio-based and biodegradable (compostable) polymer resin compounds and finished products marketed under the Nature-Tec brand. The ZERUST brand generates a vast majority of the revenue for the company. The company generates the majority of its revenue in the United States.
63GF Score

Get the complete analysis for NTIC

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

$8.01
Price
$13.28
GF Value