Balkan and Sea Properties Reit-Varna (XBUL:BSP) Change In Receivables: €0.00 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.

XBUL:BSP Balkan and Sea Properties Reit-Varna XBUL:BSP
36 GF Score
Price €13.00
! 6 Warning Signs
View Full Analysis

What is Balkan and Sea Properties Reit-Varna Change In Receivables?

Balkan and Sea Properties Reit-Varna XBUL:BSP 36 Change In Receivables is €0.00 Mil as of Jun. 2026. GuruFocus rates XBUL:BSP with a GF Score™ of 36/100. The stock has 6 warning signs investors should review.

Balkan and Sea Properties Reit-Varna's change in receivables for the quarter that ended in Jun. 2026 was €0.00 Mil. It means Balkan and Sea Properties Reit-Varna's Accounts Receivable stayed the same from Mar. 2026 to Jun. 2026 .

Balkan and Sea Properties Reit-Varna's change in receivables for the fiscal year that ended in Dec. 2025 was €0.00 Mil. It means Balkan and Sea Properties Reit-Varna's Accounts Receivable stayed the same from Dec. 2024 to Dec. 2025 .

Balkan and Sea Properties Reit-Varna's Accounts Receivable for the quarter that ended in Jun. 2026 was €1.55 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. Balkan and Sea Properties Reit-Varna's Days Sales Outstanding for the three months ended in Jun. 2026 was 1,719.28.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Balkan and Sea Properties Reit-Varna's liquidation value for the three months ended in Jun. 2026 was €-12.52 Mil.


Balkan and Sea Properties Reit-Varna  (XBUL:BSP) 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.

Balkan and Sea Properties Reit-Varna's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.545/0.082*91
=1,719.28

2. In Ben Graham's calculation of liquidation value, Balkan and Sea Properties Reit-Varna's accounts receivable are only considered to be worth 75% of book value:

Balkan and Sea Properties Reit-Varna'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)
=0.314-21.702+0.75 * 1.545+0.5 * 15.416
=-12.52

* 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.


Balkan and Sea Properties Reit-Varna Change In Receivables Related Terms


Balkan and Sea Properties Reit-Varna Change In Receivables Historical Data

* Premium members only.

The historical data trend for Balkan and Sea Properties Reit-Varna'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.

Balkan and Sea Properties Reit-Varna Change In Receivables Chart

Balkan and Sea Properties Reit-Varna 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 0.00 0.00 0.00 0.00 0.00

Balkan and Sea Properties Reit-Varna 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 0.00 0.00 0.00 0.00 0.00
XBUL:BSP
36GF Score
Balkan and Sea Properties Reit-Varna XBUL:BSP
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Balkan and Sea Properties Reit-Varna 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 €0.00 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 €0.00 Mil mean?
Balkan and Sea Properties Reit-Varna (XBUL:BSP) has a Change In Receivables of €0.00 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Balkan and Sea Properties Reit-Varna and its competitors.
Is Balkan and Sea Properties Reit-Varna's Change In Receivables too high?
Balkan and Sea Properties Reit-Varna's current Change In Receivables is €0.00 Mil. Overall, Balkan and Sea Properties Reit-Varna has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Balkan and Sea Properties Reit-Varna's Change In Receivables compare to VICI and WPC?
Balkan and Sea Properties Reit-Varna's Change In Receivables of €0.00 Mil can be compared against companies in the REITs 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 REITs company?
A good Change In Receivables depends on the REITs 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 Balkan and Sea Properties Reit-Varna and its competitors. Balkan and Sea Properties Reit-Varna's current Change In Receivables is €0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balkan and Sea Properties Reit-Varna stock overvalued right now?
Balkan and Sea Properties Reit-Varna (XBUL:BSP) has a current Change In Receivables of €0.00 Mil. The current Change In Receivables is €0.00 Mil. Balkan and Sea Properties Reit-Varna's overall GF Score™ is 36/100 with 6 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 Balkan and Sea Properties Reit-Varna (XBUL:BSP), the current Change In Receivables is €0.00 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.

Balkan and Sea Properties Reit-Varna Business Description

Industry Real EstateREITs
Address 14 General Kolev Boulevard, Varna, BGR, 9000
Balkan and Sea Properties Reit-Varna is a real estate investment trust.
36GF Score

Get the complete analysis for XBUL:BSP

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

€13.00
Price