ZEAL Network SE (STU:TIM) Change In Receivables: €0.3 Mil (TTM As of Jun. 2026)

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STU:TIM ZEAL Network SE STU:TIM
87 GF Score
Price €43.40
GF Value €64.32
Valuation Significantly Undervalued
! 2 Warning Signs
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What is ZEAL Network SE Change In Receivables?

ZEAL Network SE STU:TIM +0.23% 87 Change In Receivables is €0.3 Mil as of Jun. 2026. GuruFocus rates STU:TIM with a GF Score™ of 87/100 and a GF Value™ of €64.32 (Significantly Undervalued). The stock has 2 warning signs investors should review.

ZEAL Network SE's change in receivables for the quarter that ended in Jun. 2026 was €-1.1 Mil. It means ZEAL Network SE's Accounts Receivable increased by €1.1 Mil from Mar. 2026 to Jun. 2026 .

ZEAL Network SE's change in receivables for the fiscal year that ended in Dec. 2025 was €3.1 Mil. It means ZEAL Network SE's Accounts Receivable declined by €3.1 Mil from Dec. 2024 to Dec. 2025 .

ZEAL Network SE's Accounts Receivable for the quarter that ended in Jun. 2026 was €4.5 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. ZEAL Network SE's Days Sales Outstanding for the three months ended in Jun. 2026 was 6.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ZEAL Network SE's liquidation value for the three months ended in Jun. 2026 was €-72.8 Mil.


ZEAL Network SE  (STU:TIM) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.498/67.504*91
=6.08

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

ZEAL Network SE'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)
=128.012-209.426+0.75 * 4.498+0.5 * 10.434
=-72.8

* 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.


ZEAL Network SE Change In Receivables Related Terms


ZEAL Network SE Change In Receivables Historical Data

* Premium members only.

The historical data trend for ZEAL Network SE'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.

ZEAL Network SE Change In Receivables Chart

ZEAL Network SE 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 -0.49 0.36 -1.21 -2.37 3.05

ZEAL Network SE 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 -0.11 0.28 0.82 0.31 -1.09
STU:TIM
87GF Score
ZEAL Network SE STU:TIM
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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ZEAL Network SE 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 €0.3 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 €0.3 Mil mean?
ZEAL Network SE (STU:TIM) has a Change In Receivables of €0.3 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for ZEAL Network SE and its competitors.
Is ZEAL Network SE's Change In Receivables too high?
ZEAL Network SE's current Change In Receivables is €0.3 Mil. Overall, ZEAL Network SE has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ZEAL Network SE's Change In Receivables compare to FLUT and DKNG?
ZEAL Network SE's Change In Receivables of €0.3 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Change In Receivables depends on the Travel & Leisure 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 ZEAL Network SE and its competitors. ZEAL Network SE's current Change In Receivables is €0.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZEAL Network SE stock overvalued right now?
Based on GuruFocus' analysis, ZEAL Network SE (STU:TIM) is currently considered Significantly Undervalued. The stock's GF Value™ is €64.32, compared to a current price of €43.40 — trading 32.5% below its estimated fair value. The current Change In Receivables is €0.3 Mil. ZEAL Network SE's overall GF Score™ is 87/100 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 ZEAL Network SE (STU:TIM), the current Change In Receivables is €0.3 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 ZEAL Network SE (STU:TIM) Overvalued in 2026?

Based on GuruFocus' analysis, ZEAL Network SE stock appears to be undervalued. The current stock price of €43.40 is trading 32.5% below its estimated GF Value™ of €64.32. GuruFocus considers ZEAL Network SE to be Significantly Undervalued.

Key valuation signals for STU:TIM:

  • Change In Receivables: €0.3 Mil
  • GF Value™: €64.32 vs. price of €43.40 (32.5% below fair value)
  • GF Score™: 87/100 with 2 warning signs

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


ZEAL Network SE Business Description

Address Strassenbahnring 11, Hamburg, NI, DEU, 20251
ZEAL Network SE is an e-commerce group of companies company specializing in the area of online lottery. The company offers consumer-facing lottery-based games as well as business-to-business solutions. The operating business segments are Germany and Other. The ZEAL group now has more than one million active customers. ZEAL allows the participation in state-licensed lotteries via the LOTTO24 and Tipp24 brands and also offers its own lottery products. ZEAL operates under its owns brands namely ZEAL Instant Games, ZEAL Ventures and ZEAL Iberia.
87GF Score

Get the complete analysis for STU:TIM

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

€43.40
Price
€64.32
GF Value