SMID (Smith-Midland) Change In Receivables: $-5.49 Mil (TTM As of Mar. 2026)

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SMID Smith-Midland Corp SMID
84 GF Score
Price $27.14
GF Value $43.32
Valuation Significantly Undervalued
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What is Smith-Midland Change In Receivables?

Smith-Midland SMID -3.95% 84 Change In Receivables is $-5.49 Mil as of Mar. 2026. GuruFocus rates SMID with a GF Score™ of 84/100 and a GF Value™ of $43.32 (Significantly Undervalued).

Smith-Midland's change in receivables for the quarter that ended in Mar. 2026 was $-1.60 Mil. It means Smith-Midland's Accounts Receivable increased by $1.60 Mil from Dec. 2025 to Mar. 2026 .

Smith-Midland's change in receivables for the fiscal year that ended in Dec. 2025 was $-7.06 Mil. It means Smith-Midland's Accounts Receivable increased by $7.06 Mil from Dec. 2024 to Dec. 2025 .

Smith-Midland's Accounts Receivable for the quarter that ended in Mar. 2026 was $29.89 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. Smith-Midland's Days Sales Outstanding for the three months ended in Mar. 2026 was 126.43.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Smith-Midland's liquidation value for the three months ended in Mar. 2026 was $2.71 Mil.


Smith-Midland  (NAS:SMID) 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.

Smith-Midland's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=29.888/21.572*91
=126.43

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

Smith-Midland'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)
=13.218-36.537+0.75 * 29.888+0.5 * 7.217
=2.71

* 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.


Smith-Midland Change In Receivables Related Terms


Smith-Midland Change In Receivables Historical Data

* Premium members only.

The historical data trend for Smith-Midland'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.

Smith-Midland Change In Receivables Chart

Smith-Midland 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 -0.36 -7.17 -0.07 -3.36 -7.06

Smith-Midland 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 -3.18 -7.83 4.86 -0.92 -1.60
SMID
84GF Score
Smith-Midland Corp SMID
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Smith-Midland 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 $-5.49 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 $-5.49 Mil mean?
Smith-Midland (SMID) has a Change In Receivables of $-5.49 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Smith-Midland and its competitors.
Is Smith-Midland's Change In Receivables too high?
Smith-Midland's current Change In Receivables is $-5.49 Mil. Overall, Smith-Midland has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Smith-Midland's Change In Receivables compare to PHCI and RETO?
Smith-Midland's Change In Receivables of $-5.49 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good Change In Receivables depends on the Building Materials 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 Smith-Midland and its competitors. Smith-Midland's current Change In Receivables is $-5.49 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smith-Midland stock overvalued right now?
Based on GuruFocus' analysis, Smith-Midland (SMID) is currently considered Significantly Undervalued. The stock's GF Value™ is $43.32, compared to a current price of $27.14 — trading 37.4% below its estimated fair value. The current Change In Receivables is $-5.49 Mil. Smith-Midland's overall GF Score™ is 84/100. 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 Smith-Midland (SMID), the current Change In Receivables is $-5.49 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 Smith-Midland (SMID) Overvalued in 2026?

Based on GuruFocus' analysis, Smith-Midland stock appears to be undervalued. The current stock price of $27.14 is trading 37.4% below its estimated GF Value™ of $43.32. GuruFocus considers Smith-Midland to be Significantly Undervalued.

Key valuation signals for SMID:

  • Change In Receivables: $-5.49 Mil
  • GF Value™: $43.32 vs. price of $27.14 (37.4% below fair value)
  • GF Score™: 84/100

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


Smith-Midland Business Description

Address 5119 Catlett Road, P.O. Box 300, Midland, VA, USA, 22728
Smith-Midland Corp through its subsidiaries invents, develops, manufactures, markets, sells, and installs precast concrete products for primary use in the construction, highway, utilities, and farming industries. The firm's customers are general contractors and federal, state, and local transportation authorities. Its products include Slenderwall, JJhooks, Softsound, Sierra Wall and Easi set. A substantial portion of the company's business is derived from local, state, and federal building projects. The company generates revenues predominantly from the sale, leasing, licensing, shipping, and installation of precast concrete products for the construction, utility, and farming industries.
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.

$27.14
Price
$43.32
GF Value