SPAEF (Space Co) Change In Receivables: $0.0 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SPAEF Space Co Ltd SPAEF
67 GF Score
Price $8.50
GF Value $7.09
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Space Co Change In Receivables?

Space Co SPAEF -8.11% 67 Change In Receivables is $0.0 Mil as of Jun. 2026. GuruFocus rates SPAEF with a GF Score™ of 67/100 and a GF Value™ of $7.09 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Space Co's change in receivables for the quarter that ended in Jun. 2026 was $0.0 Mil. It means Space Co's Accounts Receivable stayed the same from Mar. 2026 to Jun. 2026 .

Space Co's change in receivables for the fiscal year that ended in Dec. 2025 was $-15.0 Mil. It means Space Co's Accounts Receivable increased by $15.0 Mil from Dec. 2024 to Dec. 2025 .

Space Co's Accounts Receivable for the quarter that ended in Jun. 2026 was $76.3 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Space Co's liquidation value for the three months ended in Jun. 2026 was $111.5 Mil.

Space Co  (OTCPK:SPAEF) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=76.335/0*91
=

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

Space Co'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)
=105.06-53.376+0.75 * 76.335+0.5 * 5.031
=111.5

* 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.

Space Co Change In Receivables Related Terms

Space Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for Space Co'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.

Space Co Change In Receivables Chart

Space Co 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 -1.01 -12.86 -12.09 -14.39 -14.96

Space Co 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 0.00 0.00 0.00 0.00 0.00
SPAEF
67GF Score
Space Co Ltd SPAEF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Space Co 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 $0.0 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 $0.0 Mil mean?
Space Co (SPAEF) has a Change In Receivables of $0.0 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Space Co and its competitors.
Is Space Co's Change In Receivables too high?
Space Co's current Change In Receivables is $0.0 Mil. Overall, Space Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Space Co's Change In Receivables compare to PWR and FIX?
Space Co's Change In Receivables of $0.0 Mil can be compared against companies in the Construction 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 Construction company?
A good Change In Receivables depends on the Construction 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 Space Co and its competitors. Space Co's current Change In Receivables is $0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Co stock overvalued right now?
Based on GuruFocus' analysis, Space Co (SPAEF) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.09, compared to a current price of $8.50 — trading 19.9% above its estimated fair value. The current Change In Receivables is $0.0 Mil. Space Co's overall GF Score™ is 67/100 with 2 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 Space Co (SPAEF), the current Change In Receivables is $0.0 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 Space Co (SPAEF) Overvalued in 2026?

Based on GuruFocus' analysis, Space Co stock appears to be overvalued. The current stock price of $8.50 is trading 19.9% above its estimated GF Value™ of $7.09. GuruFocus considers Space Co to be Modestly Overvalued.

Key valuation signals for SPAEF:

  • Change In Receivables: $0.0 Mil
  • GF Value™: $7.09 vs. price of $8.50 (19.9% above fair value)
  • GF Score™: 67/100 with 2 warning signs

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

Space Co Business Description

Other Exchanges 9622:Japan
Address 3-9-4 Nihonbashi, Ningyo-cho, Tokyo, JPN, 103-0013
Space Co Ltd is engaged in the planning and design, supervision and construction of commercial facilities, including shopping centres, department stores, speciality stores, restaurants, and cafes. In addition, the company is also involved in the planning, design, production, sales and import and export of display equipment and fixtures, indoor and outdoor decorative items.
67GF Score

Get the complete analysis for SPAEF

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

$8.50
Price
$7.09
GF Value