Cognor Holding (WAR:COG) Change In Receivables: zł-8 Mil (TTM As of Mar. 2026)

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WAR:COG Cognor Holding SA WAR:COG
66 GF Score
Price zł6.39
GF Value zł5.65
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Cognor Holding Change In Receivables?

Cognor Holding WAR:COG -0.54% 66 Change In Receivables is zł-8 Mil as of Mar. 2026. GuruFocus rates WAR:COG with a GF Score™ of 66/100 and a GF Value™ of zł5.65 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Cognor Holding's change in receivables for the quarter that ended in Mar. 2026 was zł-113 Mil. It means Cognor Holding's Accounts Receivable increased by zł113 Mil from Dec. 2025 to Mar. 2026 .

Cognor Holding's change in receivables for the fiscal year that ended in Dec. 2025 was zł81 Mil. It means Cognor Holding's Accounts Receivable declined by zł81 Mil from Dec. 2024 to Dec. 2025 .

Cognor Holding's Accounts Receivable for the quarter that ended in Mar. 2026 was zł147 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. Cognor Holding's Days Sales Outstanding for the three months ended in Mar. 2026 was 22.67.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cognor Holding's liquidation value for the three months ended in Mar. 2026 was zł-1,055 Mil.


Cognor Holding  (WAR:COG) 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.

Cognor 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
=146.901/591.26*91
=22.67

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

Cognor 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)
=36.721-1470.589+0.75 * 146.901+0.5 * 537.077
=-1,055

* 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.


Cognor Holding Change In Receivables Related Terms


Cognor Holding Change In Receivables Historical Data

* Premium members only.

The historical data trend for Cognor 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.

Cognor Holding Change In Receivables Chart

Cognor Holding 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 -229.48 -16.67 33.72 6.89 80.82

Cognor Holding Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 -24.78 -36.58 44.30 97.88 -113.41
WAR:COG
66GF Score
Cognor Holding SA WAR:COG
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Cognor 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-8 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-8 Mil mean?
Cognor Holding (WAR:COG) has a Change In Receivables of zł-8 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Cognor Holding and its competitors.
Is Cognor Holding's Change In Receivables too high?
Cognor Holding's current Change In Receivables is zł-8 Mil. Overall, Cognor Holding has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cognor Holding's Change In Receivables compare to NUE and STLD?
Cognor Holding's Change In Receivables of zł-8 Mil can be compared against companies in the Steel 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 Steel company?
A good Change In Receivables depends on the Steel 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 Cognor Holding and its competitors. Cognor Holding's current Change In Receivables is zł-8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cognor Holding stock overvalued right now?
Based on GuruFocus' analysis, Cognor Holding (WAR:COG) is currently considered Modestly Overvalued. The stock's GF Value™ is zł5.65, compared to a current price of zł6.39 — trading 13.1% above its estimated fair value. The current Change In Receivables is zł-8 Mil. Cognor Holding's overall GF Score™ is 66/100 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 Cognor Holding (WAR:COG), the current Change In Receivables is zł-8 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 Cognor Holding (WAR:COG) Overvalued in 2026?

Based on GuruFocus' analysis, Cognor Holding stock appears to be overvalued. The current stock price of zł6.39 is trading 13.1% above its estimated GF Value™ of zł5.65. GuruFocus considers Cognor Holding to be Modestly Overvalued.

Key valuation signals for WAR:COG:

  • Change In Receivables: zł-8 Mil
  • GF Value™: zł5.65 vs. price of zł6.39 (13.1% above fair value)
  • GF Score™: 66/100 with 8 warning signs

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


Cognor Holding Business Description

Other Exchanges WO9:Germany
Address ul. Zielona 26, Poraj, POL, 42-360
Cognor Holding SA operates in the steel industry. Along with its subsidiaries, the company is engaged in the business of scrap collection, scrap processing into steel billets, and steel products. Its product portfolio comprises metal bars, steel scrap, steel slabs, flat plates, round bars, and steel alloys, among others. The group operates in the following business segments: Zlomrex Metal (ZLMET), HSJ, Ferrostal (FER), OMS, JAP, and Others. The majority of its revenue is generated from the Ferrostal (FER) segment, which is involved in the production and sale of semi-finished steel products (raw steel) and final steel products to external customers. Geographically, the group generates maximum revenue from Poland, followed by Germany, Czechia, and other countries.
66GF Score

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

zł6.39
Price
zł5.65
GF Value