SNWV (SANUWAVE Health) Change In Receivables: $-2.40 Mil (TTM As of Jun. 2026)

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SNWV SANUWAVE Health Inc SNWV
29 GF Score
Price $5.41
GF Value $12.73
Valuation Possible Value Trap
! 7 Warning Signs
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What is SANUWAVE Health Change In Receivables?

SANUWAVE Health SNWV -2.36% 29 Change In Receivables is $-2.40 Mil as of Jun. 2026. GuruFocus rates SNWV with a GF Score™ of 29/100 and a GF Value™ of $12.73 (Possible Value Trap). The stock has 7 warning signs investors should review.

SANUWAVE Health's change in receivables for the quarter that ended in Jun. 2026 was $-0.14 Mil. It means SANUWAVE Health's Accounts Receivable increased by $0.14 Mil from Mar. 2026 to Jun. 2026 .

SANUWAVE Health's change in receivables for the fiscal year that ended in Dec. 2025 was $-2.30 Mil. It means SANUWAVE Health's Accounts Receivable increased by $2.30 Mil from Dec. 2024 to Dec. 2025 .

SANUWAVE Health's Accounts Receivable for the quarter that ended in Jun. 2026 was $5.80 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. SANUWAVE Health's Days Sales Outstanding for the three months ended in Jun. 2026 was 54.35.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SANUWAVE Health's liquidation value for the three months ended in Jun. 2026 was $-16.56 Mil.


SANUWAVE Health  (NAS:SNWV) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.801/9.739*91
=54.35

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

SANUWAVE Health'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)
=9.376-33.818+0.75 * 5.801+0.5 * 7.07
=-16.56

* 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.


SANUWAVE Health Change In Receivables Related Terms


SANUWAVE Health Change In Receivables Historical Data

* Premium members only.

The historical data trend for SANUWAVE Health'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.

SANUWAVE Health Change In Receivables Chart

SANUWAVE Health 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 -0.40 -1.75 -0.05 -0.49 -2.30

SANUWAVE Health 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 -0.08 -0.74 -0.91 -0.62 -0.14
SNWV
29GF Score
SANUWAVE Health Inc SNWV
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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SANUWAVE Health 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 $-2.40 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 $-2.40 Mil mean?
SANUWAVE Health (SNWV) has a Change In Receivables of $-2.40 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for SANUWAVE Health and its competitors.
Is SANUWAVE Health's Change In Receivables too high?
SANUWAVE Health's current Change In Receivables is $-2.40 Mil. Overall, SANUWAVE Health has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SANUWAVE Health's Change In Receivables compare to SRTS and COCH?
SANUWAVE Health's Change In Receivables of $-2.40 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Change In Receivables depends on the Medical Devices & Instruments 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 SANUWAVE Health and its competitors. SANUWAVE Health's current Change In Receivables is $-2.40 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SANUWAVE Health stock overvalued right now?
Based on GuruFocus' analysis, SANUWAVE Health (SNWV) is currently considered Possible Value Trap. The stock's GF Value™ is $12.73, compared to a current price of $5.41 — trading 57.5% below its estimated fair value. The current Change In Receivables is $-2.40 Mil. SANUWAVE Health's overall GF Score™ is 29/100 with 7 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 SANUWAVE Health (SNWV), the current Change In Receivables is $-2.40 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 SANUWAVE Health (SNWV) Overvalued in 2026?

Based on GuruFocus' analysis, SANUWAVE Health stock appears to be undervalued. The current stock price of $5.41 is trading 57.5% below its estimated GF Value™ of $12.73. GuruFocus considers SANUWAVE Health to be Possible Value Trap.

Key valuation signals for SNWV:

  • Change In Receivables: $-2.40 Mil
  • GF Value™: $12.73 vs. price of $5.41 (57.5% below fair value)
  • GF Score™: 29/100 with 7 warning signs

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


SANUWAVE Health Business Description

Address 9600 W. 76th Street, Suite 118, Eden Prairie, MN, USA, 55344
SANUWAVE Health Inc is a medical device company providing directed energy products into the wound care space. It is focused on the commercialization of its patented regenerative medicine utilizing noninvasive ultrasound or shockwaves to produce a biological response promoting the repair and regeneration of tissue, musculoskeletal, and vascular structures. Sanuwave's patented, FDA-cleared, and commercialised product is the UltraMIST system, which is used to treat a variety of acute and chronic wounds using ultrasound technology. The company operates in one reportable segment, the design and sale of medical devices. Geographically, the company generates revenue mainly from the United States.
29GF Score

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

$5.41
Price
$12.73
GF Value