NTOIF (Neste OYJ) Change In Receivables: $0 Mil (TTM As of Mar. 2026)

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.

NTOIF Neste OYJ NTOIF
74 GF Score
Price $33.86
GF Value $21.13
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Neste OYJ Change In Receivables?

Neste OYJ NTOIF 74 Change In Receivables is $0 Mil as of Mar. 2026. GuruFocus rates NTOIF with a GF Score™ of 74/100 and a GF Value™ of $21.13 (Significantly Overvalued). The stock has 10 warning signs investors should review.

Neste OYJ's change in receivables for the quarter that ended in Mar. 2026 was $0 Mil. It means Neste OYJ's Accounts Receivable stayed the same from Dec. 2025 to Mar. 2026 .

Neste OYJ's change in receivables for the fiscal year that ended in Dec. 2025 was $163 Mil. It means Neste OYJ's Accounts Receivable declined by $163 Mil from Dec. 2024 to Dec. 2025 .

Neste OYJ's Accounts Receivable for the quarter that ended in Mar. 2026 was $2,405 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. Neste OYJ's Days Sales Outstanding for the three months ended in Mar. 2026 was 36.76.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Neste OYJ's liquidation value for the three months ended in Mar. 2026 was $-6,396 Mil.


Neste OYJ  (OTCPK:NTOIF) 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.

Neste OYJ's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2404.624/5968.786*91
=36.76

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

Neste OYJ'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)
=1898.266-11988.439+0.75 * 2404.624+0.5 * 3781.503
=-6,396

* 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.


Neste OYJ Change In Receivables Related Terms


Neste OYJ Change In Receivables Historical Data

* Premium members only.

The historical data trend for Neste OYJ'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.

Neste OYJ Change In Receivables Chart

Neste OYJ 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 -453.11 -341.10 107.96 341.36 162.76

Neste OYJ 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 0.00 0.00 0.00 0.00 0.00
NTOIF
74GF Score
Neste OYJ NTOIF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Neste OYJ 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 $0 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 Mil mean?
Neste OYJ (NTOIF) has a Change In Receivables of $0 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Neste OYJ and its competitors.
Is Neste OYJ's Change In Receivables too high?
Neste OYJ's current Change In Receivables is $0 Mil. Overall, Neste OYJ has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neste OYJ's Change In Receivables compare to VLO and MPC?
Neste OYJ's Change In Receivables of $0 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Change In Receivables depends on the Oil & Gas 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 Neste OYJ and its competitors. Neste OYJ's current Change In Receivables is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neste OYJ stock overvalued right now?
Based on GuruFocus' analysis, Neste OYJ (NTOIF) is currently considered Significantly Overvalued. The stock's GF Value™ is $21.13, compared to a current price of $33.86 — trading 60.2% above its estimated fair value. The current Change In Receivables is $0 Mil. Neste OYJ's overall GF Score™ is 74/100 with 10 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 Neste OYJ (NTOIF), the current Change In Receivables is $0 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 Neste OYJ (NTOIF) Overvalued in 2026?

Based on GuruFocus' analysis, Neste OYJ stock appears to be overvalued. The current stock price of $33.86 is trading 60.2% above its estimated GF Value™ of $21.13. GuruFocus considers Neste OYJ to be Significantly Overvalued.

Key valuation signals for NTOIF:

  • Change In Receivables: $0 Mil
  • GF Value™: $21.13 vs. price of $33.86 (60.2% above fair value)
  • GF Score™: 74/100 with 10 warning signs

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


Neste OYJ Business Description

Industry EnergyOil & Gas
Address Keilaranta 21, Espoo, FIN, 02150
Neste OYJ is a producer of renewable diesel and sustainable aviation fuel (SAF), with production on three continents. The group also produces oil products and has a network of several fuel stations with expanding service offerings, such as EV charging, in Finland and in the Baltics. Neste has three reporting segments: Renewable Products, Oil Products, and Marketing and Services. Maximum revenue is generated from its Oil Products segment, which offers oil products and related services for the road transportation, heavy machinery, agriculture, aviation, and marine sectors, as well as products for the oil and petrochemical industries. Geographically, the group generates maximum revenue from other European countries (excluding Finland), followed by Finland, the USA, and other markets.
74GF Score

Get the complete analysis for NTOIF

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

$33.86
Price
$21.13
GF Value