TMRAY (Tomra Systems ASA) Change In Receivables: $-74 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.

TMRAY Tomra Systems ASA TMRAY
91 GF Score
Price $11.43
GF Value $15.86
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Tomra Systems ASA Change In Receivables?

Tomra Systems ASA TMRAY +11.25% 91 Change In Receivables is $-74 Mil as of Jun. 2026. GuruFocus rates TMRAY with a GF Score™ of 91/100 and a GF Value™ of $15.86 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Tomra Systems ASA's change in receivables for the quarter that ended in Jun. 2026 was $-66 Mil. It means Tomra Systems ASA's Accounts Receivable increased by $66 Mil from Mar. 2026 to Jun. 2026 .

Tomra Systems ASA's change in receivables for the fiscal year that ended in Dec. 2025 was $-21 Mil. It means Tomra Systems ASA's Accounts Receivable increased by $21 Mil from Dec. 2024 to Dec. 2025 .

Tomra Systems ASA's Accounts Receivable for the quarter that ended in Jun. 2026 was $533 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. Tomra Systems ASA's Days Sales Outstanding for the three months ended in Jun. 2026 was 104.32.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tomra Systems ASA's liquidation value for the three months ended in Jun. 2026 was $-769 Mil.


Tomra Systems ASA  (OTCPK:TMRAY) 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.

Tomra Systems ASA's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=533.41/466.59*91
=104.32

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

Tomra Systems ASA'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)
=79.493-1384.793+0.75 * 533.41+0.5 * 271.889
=-769

* 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.


Tomra Systems ASA Change In Receivables Related Terms


Tomra Systems ASA Change In Receivables Historical Data

* Premium members only.

The historical data trend for Tomra Systems ASA'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.

Tomra Systems ASA Change In Receivables Chart

Tomra Systems ASA 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 -45.56 -73.90 -46.67 -18.43 -21.08

Tomra Systems ASA 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 -28.84 5.87 -8.20 -5.78 -65.67
TMRAY
91GF Score
Tomra Systems ASA TMRAY
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tomra Systems ASA 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 $-74 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 $-74 Mil mean?
Tomra Systems ASA (TMRAY) has a Change In Receivables of $-74 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Tomra Systems ASA and its competitors.
Is Tomra Systems ASA's Change In Receivables too high?
Tomra Systems ASA's current Change In Receivables is $-74 Mil. Overall, Tomra Systems ASA has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tomra Systems ASA's Change In Receivables compare to WM and RSG?
Tomra Systems ASA's Change In Receivables of $-74 Mil can be compared against companies in the Waste Management 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 Waste Management company?
A good Change In Receivables depends on the Waste Management 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 Tomra Systems ASA and its competitors. Tomra Systems ASA's current Change In Receivables is $-74 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomra Systems ASA stock overvalued right now?
Based on GuruFocus' analysis, Tomra Systems ASA (TMRAY) is currently considered Modestly Undervalued. The stock's GF Value™ is $15.86, compared to a current price of $11.43 — trading 28% below its estimated fair value. The current Change In Receivables is $-74 Mil. Tomra Systems ASA's overall GF Score™ is 91/100 with 3 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 Tomra Systems ASA (TMRAY), the current Change In Receivables is $-74 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 Tomra Systems ASA (TMRAY) Overvalued in 2026?

Based on GuruFocus' analysis, Tomra Systems ASA stock appears to be undervalued. The current stock price of $11.43 is trading 28% below its estimated GF Value™ of $15.86. GuruFocus considers Tomra Systems ASA to be Modestly Undervalued.

Key valuation signals for TMRAY:

  • Change In Receivables: $-74 Mil
  • GF Value™: $15.86 vs. price of $11.43 (28% below fair value)
  • GF Score™: 91/100 with 3 warning signs

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


Tomra Systems ASA Business Description

Address Drengsrudhagen 2, Asker, NOR, 1385
Tomra Systems ASA provides sorting and recycling solutions to equip customers for handling waste. The company creates and delivers sensor-based solutions that contribute to optimal resource productivity, in packaging, collection, compaction, recycling, ore sorting, and food production. It provides reverse vending machines, sensor-based sorting machines integrated post-harvest solutions, sensors for waste sorting applications, and other related products and solutions. The company's operating segments are; TOMRA Collection which generates key revenue, TOMRA Recycling, TOMRA Horizon, and TOMRA Food. Geographically, the company generates maximum revenue from Europe region followed by America, Asia, and Oceania.
91GF Score

Get the complete analysis for TMRAY

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

$11.43
Price
$15.86
GF Value