Patentus (WAR:PAT) Change In Receivables: zł16.3 Mil (TTM As of Sep. 2025)

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WAR:PAT Patentus SA WAR:PAT
83 GF Score
Price zł2.55
GF Value zł2.63
Valuation Fairly Valued
! 2 Warning Signs
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What is Patentus Change In Receivables?

Patentus WAR:PAT 83 Change In Receivables is zł16.3 Mil as of Sep. 2025. GuruFocus rates WAR:PAT with a GF Score™ of 83/100 and a GF Value™ of zł2.63 (Fairly Valued). The stock has 2 warning signs investors should review.

Patentus's change in receivables for the quarter that ended in Sep. 2025 was zł2.6 Mil. It means Patentus's Accounts Receivable declined by zł2.6 Mil from Jun. 2025 to Sep. 2025 .

Patentus's change in receivables for the fiscal year that ended in Dec. 2024 was zł83.1 Mil. It means Patentus's Accounts Receivable declined by zł83.1 Mil from Dec. 2023 to Dec. 2024 .

Patentus's Accounts Receivable for the quarter that ended in Sep. 2025 was zł5.1 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. Patentus's Days Sales Outstanding for the three months ended in Sep. 2025 was 30.48.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Patentus's liquidation value for the three months ended in Sep. 2025 was zł39.6 Mil.


Patentus  (WAR:PAT) 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.

Patentus's Days Sales Outstanding for the quarter that ended in Sep. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.135/15.374*91
=30.48

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

Patentus's liquidation value for the quarter that ended in Sep. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=45.35-27.068+0.75 * 5.135+0.5 * 34.885
=39.6

* 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.


Patentus Change In Receivables Related Terms


Patentus Change In Receivables Historical Data

* Premium members only.

The historical data trend for Patentus'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.

Patentus Change In Receivables Chart

Patentus Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.47 7.60 0.02 -79.94 83.10

Patentus Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 -27.20 29.14 -15.65 0.24 2.61
WAR:PAT
83GF Score
Patentus SA WAR:PAT
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Patentus 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 Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was zł16.3 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 zł16.3 Mil mean?
Patentus (WAR:PAT) has a Change In Receivables of zł16.3 Mil as of Sep. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Patentus and its competitors.
Is Patentus' Change In Receivables too high?
Patentus' current Change In Receivables is zł16.3 Mil. Overall, Patentus has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Patentus' Change In Receivables compare to GEV and ETN?
Patentus' Change In Receivables of zł16.3 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Change In Receivables depends on the Industrial Products 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 Patentus and its competitors. Patentus's current Change In Receivables is zł16.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patentus stock overvalued right now?
Based on GuruFocus' analysis, Patentus (WAR:PAT) is currently considered Fairly Valued. The stock's GF Value™ is zł2.63, compared to a current price of zł2.55 — trading 3% below its estimated fair value. The current Change In Receivables is zł16.3 Mil. Patentus' overall GF Score™ is 83/100 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 Patentus (WAR:PAT), the current Change In Receivables is zł16.3 Mil as of Sep. 2025. 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 Patentus (WAR:PAT) Overvalued in 2026?

Based on GuruFocus' analysis, Patentus stock appears to be undervalued. The current stock price of zł2.55 is trading 3% below its estimated GF Value™ of zł2.63. GuruFocus considers Patentus to be Fairly Valued.

Key valuation signals for WAR:PAT:

  • Change In Receivables: zł16.3 Mil
  • GF Value™: zł2.63 vs. price of zł2.55 (3% below fair value)
  • GF Score™: 83/100 with 2 warning signs

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


Patentus Business Description

Address Gornoslaska Street 11, Pszczyna, POL, 43-200
Patentus SA is engaged in the manufacturing of mining, quarrying, and construction machinery in Poland. The company manufactures and sells conveyors, coal crushers, haulage platforms, working drift platforms, draught lyre coolers, welded steel constructions, and welding equipment, among others. Additionally, it operates in the field of installation, repair, and maintenance of mining, quarrying, and construction machinery, as well as in the wholesale of steel products, welding products, and packaging. The company has two operating segments: the first operating segment is related to the production of machinery and equipment, and the provision of services to the mining industry. The second operating segment includes the wholesale of goods and materials.
83GF Score

Get the complete analysis for WAR:PAT

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

zł2.55
Price
zł2.63
GF Value