SMAWF (Siemens AG) Change In Receivables: $-1,548 Mil (TTM As of Mar. 2026)

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SMAWF Siemens AG SMAWF
84 GF Score
Price $324.29
GF Value $228.00
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Siemens AG Change In Receivables?

Siemens AG SMAWF -0.07% 84 Change In Receivables is $-1,548 Mil as of Mar. 2026. GuruFocus rates SMAWF with a GF Score™ of 84/100 and a GF Value™ of $228.00 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Siemens AG's change in receivables for the quarter that ended in Mar. 2026 was $-1,055 Mil. It means Siemens AG's Accounts Receivable increased by $1,055 Mil from Dec. 2025 to Mar. 2026 .

Siemens AG's change in receivables for the fiscal year that ended in Sep. 2025 was $-548 Mil. It means Siemens AG's Accounts Receivable increased by $548 Mil from Sep. 2024 to Sep. 2025 .

Siemens AG's Accounts Receivable for the quarter that ended in Mar. 2026 was $20,272 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. Siemens AG's Days Sales Outstanding for the three months ended in Mar. 2026 was 80.99.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Siemens AG's liquidation value for the three months ended in Mar. 2026 was $-65,164 Mil.

Siemens AG  (OTCPK:SMAWF) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=20271.676/22839.306*91
=80.99

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

Siemens AG'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)
=25164.162-112179.191+0.75 * 20271.676+0.5 * 13293.642
=-65,164

* 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.

Siemens AG Change In Receivables Related Terms

Siemens AG Change In Receivables Historical Data

* Premium members only.

The historical data trend for Siemens AG'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.

Siemens AG Change In Receivables Chart

Siemens AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,542.35 -1,390.10 -2,130.20 -1,572.70 -548.12

Siemens AG 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 -809.73 -363.32 360.33 -489.46 -1,055.49
SMAWF
84GF Score
Siemens AG SMAWF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Siemens AG 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 $-1,548 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 $-1,548 Mil mean?
Siemens AG (SMAWF) has a Change In Receivables of $-1,548 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Siemens AG and its competitors.
Is Siemens AG's Change In Receivables too high?
Siemens AG's current Change In Receivables is $-1,548 Mil. Overall, Siemens AG has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Siemens AG's Change In Receivables compare to GEV and ETN?
Siemens AG's Change In Receivables of $-1,548 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Change In Receivables depends on the Industrial Products 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 Siemens AG and its competitors. Siemens AG's current Change In Receivables is $-1,548 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siemens AG stock overvalued right now?
Based on GuruFocus' analysis, Siemens AG (SMAWF) is currently considered Significantly Overvalued. The stock's GF Value™ is $228.00, compared to a current price of $324.29 — trading 42.2% above its estimated fair value. The current Change In Receivables is $-1,548 Mil. Siemens AG's overall GF Score™ is 84/100 with 9 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 Siemens AG (SMAWF), the current Change In Receivables is $-1,548 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 Siemens AG (SMAWF) Overvalued in 2026?

Based on GuruFocus' analysis, Siemens AG stock appears to be overvalued. The current stock price of $324.29 is trading 42.2% above its estimated GF Value™ of $228.00. GuruFocus considers Siemens AG to be Significantly Overvalued.

Key valuation signals for SMAWF:

  • Change In Receivables: $-1,548 Mil
  • GF Value™: $228.00 vs. price of $324.29 (42.2% above fair value)
  • GF Score™: 84/100 with 9 warning signs

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

Siemens AG Business Description

Address Werner-von-Siemens-Street 1, Munich, BY, DEU, 80333
Siemens is a multi-industry company focused on the areas of automation, electrification, mobility, and healthcare. Its top three geographic regions—the United States, Germany, and China—contribute over half of group revenue. Siemens has a 71% investment in separately listed Siemens Healthineers. Recent portfolio activity included the listing of Siemens Energy, spinning out its power and gas and Siemens Gamesa business divisions in 2020.
84GF Score

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

$324.29
Price
$228.00
GF Value