Aforti Holding (WAR:AFH) Change In Receivables: zł-0.2 Mil (TTM As of Mar. 2026)

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WAR:AFH Aforti Holding SA WAR:AFH
8 GF Score
Price zł2.50
GF Value zł7.67
! 8 Warning Signs
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What is Aforti Holding Change In Receivables?

Aforti Holding WAR:AFH 8 Change In Receivables is zł-0.2 Mil as of Mar. 2026. GuruFocus rates WAR:AFH with a GF Score™ of 8/100 and a GF Value™ of zł7.67. The stock has 8 warning signs investors should review.

Aforti Holding's change in receivables for the quarter that ended in Mar. 2026 was zł-0.2 Mil. It means Aforti Holding's Accounts Receivable increased by zł0.2 Mil from Dec. 2025 to Mar. 2026 .

Aforti Holding's change in receivables for the fiscal year that ended in Dec. 2025 was zł1.9 Mil. It means Aforti Holding's Accounts Receivable declined by zł1.9 Mil from Dec. 2024 to Dec. 2025 .

Aforti Holding's Accounts Receivable for the quarter that ended in Mar. 2026 was zł1.8 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. Aforti Holding's Days Sales Outstanding for the three months ended in Mar. 2026 was 9.02.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Aforti Holding's liquidation value for the three months ended in Mar. 2026 was zł-315.6 Mil.

Aforti Holding  (WAR:AFH) 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.

Aforti Holding's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.781/18.025*91
=9.02

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

Aforti Holding'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)
=1.58-318.51+0.75 * 1.781+0.5 * 0
=-315.6

* 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.

Aforti Holding Change In Receivables Related Terms

Aforti Holding Change In Receivables Historical Data

* Premium members only.

The historical data trend for Aforti Holding'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.

Aforti Holding Change In Receivables Chart

Aforti Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.34 19.93 -6.26 0.27 1.86

Aforti Holding Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 1.80 -0.09 0.10 0.04 -0.23
WAR:AFH
8GF Score
Aforti Holding SA WAR:AFH
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Aforti Holding 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 zł-0.2 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 zł-0.2 Mil mean?
Aforti Holding (WAR:AFH) has a Change In Receivables of zł-0.2 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Aforti Holding and its competitors.
Is Aforti Holding's Change In Receivables too high?
Aforti Holding's current Change In Receivables is zł-0.2 Mil. Overall, Aforti Holding has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Aforti Holding's Change In Receivables compare to CTAS and GPN?
Aforti Holding's Change In Receivables of zł-0.2 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Change In Receivables depends on the Business Services 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 Aforti Holding and its competitors. Aforti Holding's current Change In Receivables is zł-0.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aforti Holding stock overvalued right now?
Aforti Holding (WAR:AFH) has a current Change In Receivables of zł-0.2 Mil. The stock's GF Value™ is zł7.67, compared to a current price of zł2.50 — trading 67.4% below its estimated fair value. The current Change In Receivables is zł-0.2 Mil. Aforti Holding's overall GF Score™ is 8/100 with 8 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 Aforti Holding (WAR:AFH), the current Change In Receivables is zł-0.2 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 Aforti Holding (WAR:AFH) Overvalued in 2026?

Based on GuruFocus' analysis, Aforti Holding stock appears to be undervalued. The current stock price of zł2.50 is trading 67.4% below its estimated GF Value™ of zł7.67.

Key valuation signals for WAR:AFH:

  • Change In Receivables: zł-0.2 Mil
  • GF Value™: zł7.67 vs. price of zł2.50 (67.4% below fair value)
  • GF Score™: 8/100 with 8 warning signs

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

Aforti Holding Business Description

Address ulica Chalubinskiego 8, Warszawa, POL, 00-613
Aforti Holding SA is a financial group that offers services in private and corporate finance. The company addresses the needs of Entrepreneurs as well as companies of the SME sector by offering a wide range of financial services that support business development, such as financing the company operations, online foreign exchange, management of liabilities, or factoring. It operates in Warsaw, Szczecin, Poznan, Cracow, Rzeszow, Rybnik, and Katowice.
8GF Score

Get the complete analysis for WAR:AFH

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

zł2.50
Price
zł7.67
GF Value