PHAT (Phathom Pharmaceuticals) Change In Receivables: $-44.4 Mil (TTM As of Mar. 2026)

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PHAT Phathom Pharmaceuticals Inc PHAT
25 GF Score
Price $9.34
! 3 Warning Signs
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What is Phathom Pharmaceuticals Change In Receivables?

Phathom Pharmaceuticals PHAT -19.76% 25 Change In Receivables is $-44.4 Mil as of Mar. 2026. GuruFocus rates PHAT with a GF Score™ of 25/100. The stock has 3 warning signs investors should review.

Phathom Pharmaceuticals's change in receivables for the quarter that ended in Mar. 2026 was $-2.6 Mil. It means Phathom Pharmaceuticals's Accounts Receivable increased by $2.6 Mil from Dec. 2025 to Mar. 2026 .

Phathom Pharmaceuticals's change in receivables for the fiscal year that ended in Dec. 2025 was $-39.3 Mil. It means Phathom Pharmaceuticals's Accounts Receivable increased by $39.3 Mil from Dec. 2024 to Dec. 2025 .

Phathom Pharmaceuticals's Accounts Receivable for the quarter that ended in Mar. 2026 was $80.7 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. Phathom Pharmaceuticals's Days Sales Outstanding for the three months ended in Mar. 2026 was 126.35.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Phathom Pharmaceuticals's liquidation value for the three months ended in Mar. 2026 was $-397.4 Mil.

Phathom Pharmaceuticals  (NAS:PHAT) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=80.724/58.301*91
=126.35

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

Phathom Pharmaceuticals'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)
=180.904-642.075+0.75 * 80.724+0.5 * 6.508
=-397.4

* 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.

Phathom Pharmaceuticals Change In Receivables Related Terms

Phathom Pharmaceuticals Change In Receivables Historical Data

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The historical data trend for Phathom Pharmaceuticals'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.

Phathom Pharmaceuticals Change In Receivables Chart

Phathom Pharmaceuticals Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial 0.00 0.00 -1.64 -37.16 -39.33

Phathom Pharmaceuticals 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 2.43 -14.89 -4.53 -22.34 -2.60
PHAT
25GF Score
Phathom Pharmaceuticals Inc PHAT
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Phathom Pharmaceuticals 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 $-44.4 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 $-44.4 Mil mean?
Phathom Pharmaceuticals (PHAT) has a Change In Receivables of $-44.4 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Phathom Pharmaceuticals and its competitors.
Is Phathom Pharmaceuticals' Change In Receivables too high?
Phathom Pharmaceuticals' current Change In Receivables is $-44.4 Mil. Overall, Phathom Pharmaceuticals has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Phathom Pharmaceuticals' Change In Receivables compare to GERN and KURA?
Phathom Pharmaceuticals' Change In Receivables of $-44.4 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Change In Receivables depends on the Biotechnology 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 Phathom Pharmaceuticals and its competitors. Phathom Pharmaceuticals's current Change In Receivables is $-44.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phathom Pharmaceuticals stock overvalued right now?
Phathom Pharmaceuticals (PHAT) has a current Change In Receivables of $-44.4 Mil. The current Change In Receivables is $-44.4 Mil. Phathom Pharmaceuticals' overall GF Score™ is 25/100 with 3 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 Phathom Pharmaceuticals (PHAT), the current Change In Receivables is $-44.4 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.

Phathom Pharmaceuticals Business Description

Address 100 Campus Drive, Suite 102, Florham Park, NJ, USA, 07932
Phathom Pharmaceuticals Inc operates as a clinical-stage biopharmaceutical company. The firm is focused on developing and commercializing novel treatments for gastrointestinal, or GI, diseases. Its product comprises vonoprazan, an oral small-molecule potassium competitive acid blocker medicine that blocks acid secretion in the stomach. Vonoprazan shows rapid, potent, and durable anti-secretory effects and has demonstrated clinical benefits in the treatment of gastroesophageal reflux disease, and in combination with antibiotics for the treatment of Helicobacter pylori infection.
25GF Score

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