PS (Pershing Square) Change In Receivables: $-272.2 Mil (TTM As of Dec. 2025)

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PS Pershing Square Inc PS
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What is Pershing Square Change In Receivables?

Pershing Square PS -1.33% 10 Change In Receivables is $-272.2 Mil as of Dec. 2025. GuruFocus rates PS with a GF Score™ of 10/100. The stock has 1 warning sign investors should review.

Pershing Square's change in receivables for the quarter that ended in Dec. 2025 was $-272.2 Mil. It means Pershing Square's Accounts Receivable increased by $272.2 Mil from Dec. 2024 to Dec. 2025 .

Pershing Square's change in receivables for the fiscal year that ended in Dec. 2025 was $-272.2 Mil. It means Pershing Square's Accounts Receivable increased by $272.2 Mil from Dec. 2024 to Dec. 2025 .

Pershing Square's Accounts Receivable for the quarter that ended in Dec. 2025 was $497.3 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. Pershing Square's Days Sales Outstanding for the six months ended in Dec. 2025 was 121.02.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Pershing Square's liquidation value for the six months ended in Dec. 2025 was $-645.3 Mil.

Pershing Square  (NYSE:PS) 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.

Pershing Square's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=497.33/750.006*91
=121.02

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

Pershing Square's liquidation value for the quarter that ended in Dec. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=6.82-1025.147+0.75 * 497.33+0.5 * 0
=-645.3

* 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.

Pershing Square Change In Receivables Related Terms

Pershing Square Change In Receivables Historical Data

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The historical data trend for Pershing Square'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.

Pershing Square Change In Receivables Chart

Pershing Square Annual Data
Trend Dec24 Dec25
Change In Receivables
151.70 -272.20

Pershing Square Semi-Annual Data
Dec24 Dec25
Change In Receivables 151.70 -272.20
PS
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Pershing Square Inc PS
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Pershing Square 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2025 was $-272.2 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 $-272.2 Mil mean?
Pershing Square (PS) has a Change In Receivables of $-272.2 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Pershing Square and its competitors.
Is Pershing Square's Change In Receivables too high?
Pershing Square's current Change In Receivables is $-272.2 Mil. Overall, Pershing Square has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Pershing Square's Change In Receivables compare to CRBG and ARCC?
Pershing Square's Change In Receivables of $-272.2 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Change In Receivables depends on the Asset Management 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 Pershing Square and its competitors. Pershing Square's current Change In Receivables is $-272.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pershing Square stock overvalued right now?
Pershing Square (PS) has a current Change In Receivables of $-272.2 Mil. The current Change In Receivables is $-272.2 Mil. Pershing Square's overall GF Score™ is 10/100 with 1 warning sign 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 Pershing Square (PS), the current Change In Receivables is $-272.2 Mil as of Dec. 2025. 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.

Pershing Square Business Description

Address 787 Eleventh Avenue, 9th Floor, New York, NY, USA, 10019
Pershing Square Inc is a main alternative asset manager. It employs a disciplined, research-intensive approach to fundamental value investing to preserve and grow its permanent capital at high rates of return using a set of core investment principles and opportunistic asymmetric hedges. The group generates all of its revenue from management fees and performance fees. It conductbusiness and generates all of its revenues in the United States.
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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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