PSN (Parsons) Change In Receivables: $-199 Mil (TTM As of Jun. 2026)

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PSN Parsons Corp PSN
80 GF Score
Price $40.32
GF Value $80.36
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Parsons Change In Receivables?

Parsons PSN -35.00% 80 Change In Receivables is $-199 Mil as of Jun. 2026. GuruFocus rates PSN with a GF Score™ of 80/100 and a GF Value™ of $80.36 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Parsons's change in receivables for the quarter that ended in Jun. 2026 was $-116 Mil. It means Parsons's Accounts Receivable increased by $116 Mil from Mar. 2026 to Jun. 2026 .

Parsons's change in receivables for the fiscal year that ended in Dec. 2025 was $-152 Mil. It means Parsons's Accounts Receivable increased by $152 Mil from Dec. 2024 to Dec. 2025 .

Parsons's Accounts Receivable for the quarter that ended in Jun. 2026 was $736 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. Parsons's Days Sales Outstanding for the three months ended in Jun. 2026 was 42.64.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Parsons's liquidation value for the three months ended in Jun. 2026 was $-2,541 Mil.


Parsons  (NYSE:PSN) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=736.354/1575.867*91
=42.64

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

Parsons'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)
=266.044-3359.177+0.75 * 736.354+0.5 * 0
=-2,541

* 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.


Parsons Change In Receivables Related Terms


Parsons Change In Receivables Historical Data

* Premium members only.

The historical data trend for Parsons'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.

Parsons Change In Receivables Chart

Parsons 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 101.39 -149.35 -296.08 -131.26 -152.14

Parsons 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 -17.68 -44.69 9.26 -47.76 -115.71
PSN
80GF Score
Parsons Corp PSN
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Parsons 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 $-199 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 $-199 Mil mean?
Parsons (PSN) has a Change In Receivables of $-199 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Parsons and its competitors.
Is Parsons' Change In Receivables too high?
Parsons' current Change In Receivables is $-199 Mil. Overall, Parsons has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Parsons' Change In Receivables compare to GDS and INGM?
Parsons' Change In Receivables of $-199 Mil can be compared against companies in the Software 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 Software company?
A good Change In Receivables depends on the Software 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 Parsons and its competitors. Parsons's current Change In Receivables is $-199 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parsons stock overvalued right now?
Based on GuruFocus' analysis, Parsons (PSN) is currently considered Significantly Undervalued. The stock's GF Value™ is $80.36, compared to a current price of $40.32 — trading 49.8% below its estimated fair value. The current Change In Receivables is $-199 Mil. Parsons' overall GF Score™ is 80/100 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 Parsons (PSN), the current Change In Receivables is $-199 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.

Is Parsons (PSN) Overvalued in 2026?

Based on GuruFocus' analysis, Parsons stock appears to be undervalued. The current stock price of $40.32 is trading 49.8% below its estimated GF Value™ of $80.36. GuruFocus considers Parsons to be Significantly Undervalued.

Key valuation signals for PSN:

  • Change In Receivables: $-199 Mil
  • GF Value™: $80.36 vs. price of $40.32 (49.8% below fair value)
  • GF Score™: 80/100 with 3 warning signs

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


Parsons Business Description

Other Exchanges 59P:Germany
Address 14291 Park Meadow Drive, Suite 100, Chantilly, VA, USA, 20151
Parsons Corp is a provider of technology-driven solutions in the defense, intelligence, and critical infrastructure markets. The business activities of the group are carried out through Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment is a high-end service and technology provider to the U.S. government, delivering timely, cost-effective solutions for mission-critical projects, whereas the Critical Infrastructure segment provides integrated design and engineering services for complex physical and digital infrastructure around the globe. The company derives maximum revenue from Federal Solutions segment. Geographically, the company derives revenue from North America; Middle East; and Rest of the World, of which North America derives maximum revenue.
80GF Score

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

$40.32
Price
$80.36
GF Value