Software Mansion S A (WAR:SWM) Change In Receivables: zł-4.6 Mil (TTM As of Mar. 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.

WAR:SWM Software Mansion S A WAR:SWM
39 GF Score
Price zł27.40
GF Value zł46.03
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Software Mansion S A Change In Receivables?

Software Mansion S A WAR:SWM 39 Change In Receivables is zł-4.6 Mil as of Mar. 2026. GuruFocus rates WAR:SWM with a GF Score™ of 39/100 and a GF Value™ of zł46.03 (Possible Value Trap). The stock has 2 warning signs investors should review.

Software Mansion S A's change in receivables for the quarter that ended in Mar. 2026 was zł-5.1 Mil. It means Software Mansion S A's Accounts Receivable increased by zł5.1 Mil from Dec. 2025 to Mar. 2026 .

Software Mansion S A's change in receivables for the fiscal year that ended in Dec. 2025 was zł2.6 Mil. It means Software Mansion S A's Accounts Receivable declined by zł2.6 Mil from Dec. 2024 to Dec. 2025 .

Software Mansion S A's Accounts Receivable for the quarter that ended in Mar. 2026 was zł17.0 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. Software Mansion S A's Days Sales Outstanding for the three months ended in Mar. 2026 was 47.03.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Software Mansion S A's liquidation value for the three months ended in Mar. 2026 was zł1.1 Mil.


Software Mansion S A  (WAR:SWM) 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.

Software Mansion S A's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=16.96/32.905*91
=47.03

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

Software Mansion S A'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)
=31.677-43.344+0.75 * 16.96+0.5 * 0
=1.1

* 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.


Software Mansion S A Change In Receivables Related Terms


Software Mansion S A Change In Receivables Historical Data

* Premium members only.

The historical data trend for Software Mansion S A'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.

Software Mansion S A Change In Receivables Chart

Software Mansion S A Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
0.00 -3.94 -2.28 -9.02 2.62

Software Mansion S A Quarterly Data
Dec21 Jun22 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 1.79 0.07 4.03 -3.56 -5.11
WAR:SWM
39GF Score
Software Mansion S A WAR:SWM
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Software Mansion S A 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-4.6 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-4.6 Mil mean?
Software Mansion S A (WAR:SWM) has a Change In Receivables of zł-4.6 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Software Mansion S A and its competitors.
Is Software Mansion S A's Change In Receivables too high?
Software Mansion S A's current Change In Receivables is zł-4.6 Mil. Overall, Software Mansion S A has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Software Mansion S A's Change In Receivables compare to MSFT and ORCL?
Software Mansion S A's Change In Receivables of zł-4.6 Mil can be compared against companies in the Software 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 Software company?
A good Change In Receivables depends on the Software 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 Software Mansion S A and its competitors. Software Mansion S A's current Change In Receivables is zł-4.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Software Mansion S A stock overvalued right now?
Based on GuruFocus' analysis, Software Mansion S A (WAR:SWM) is currently considered Possible Value Trap. The stock's GF Value™ is zł46.03, compared to a current price of zł27.40 — trading 40.5% below its estimated fair value. The current Change In Receivables is zł-4.6 Mil. Software Mansion S A's overall GF Score™ is 39/100 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 Software Mansion S A (WAR:SWM), the current Change In Receivables is zł-4.6 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 Software Mansion S A (WAR:SWM) Overvalued in 2026?

Based on GuruFocus' analysis, Software Mansion S A stock appears to be undervalued. The current stock price of zł27.40 is trading 40.5% below its estimated GF Value™ of zł46.03. GuruFocus considers Software Mansion S A to be Possible Value Trap.

Key valuation signals for WAR:SWM:

  • Change In Receivables: zł-4.6 Mil
  • GF Value™: zł46.03 vs. price of zł27.40 (40.5% below fair value)
  • GF Score™: 39/100 with 2 warning signs

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


Software Mansion S A Business Description

Address ul. Zab?ocie 43b, Krakow, POL, 30-701
Software Mansion S A is Krakow based software company that deals with solving technological challenges for their clients and developing open-source technologies. It cooperates with a variety of clients, including technological start-ups from Silicon Valley and New York, as well as well-known companies with a stable position on the market. Their portfolio includes projects from industries such as Ed-Tech, Fin-Tech, blockchain, healthcare, e-commerce, multimedia and consumer applications.
39GF Score

Get the complete analysis for WAR:SWM

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

zł27.40
Price
zł46.03
GF Value