Petrol AD (XBUL:PET) Change In Receivables: €-1.4 Mil (TTM As of Mar. 2025)

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XBUL:PET Petrol AD XBUL:PET
21 GF Score
Price €0.32
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What is Petrol AD Change In Receivables?

Petrol AD XBUL:PET 21 Change In Receivables is €-1.4 Mil as of Mar. 2025. GuruFocus rates XBUL:PET with a GF Score™ of 21/100.

Petrol AD's change in receivables for the quarter that ended in Mar. 2025 was €-1.4 Mil. It means Petrol AD's Accounts Receivable increased by €1.4 Mil from Dec. 2024 to Mar. 2025 .

Petrol AD's change in receivables for the fiscal year that ended in Dec. 2024 was €2.1 Mil. It means Petrol AD's Accounts Receivable declined by €2.1 Mil from Dec. 2023 to Dec. 2024 .

Petrol AD's Accounts Receivable for the quarter that ended in Mar. 2025 was €14.3 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. Petrol AD's Days Sales Outstanding for the three months ended in Mar. 2025 was 23.44.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Petrol AD's liquidation value for the three months ended in Mar. 2025 was €-164.5 Mil.

Petrol AD  (XBUL:PET) 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.

Petrol AD's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=14.278337074459/55.572825859774*91
=23.44

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

Petrol AD's liquidation value for the quarter that ended in Mar. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.82727026378554-179.34125154245+0.75 * 14.278337074459+0.5 * 6.6529299582061
=-164.5

* 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.

Petrol AD Change In Receivables Related Terms

Petrol AD Change In Receivables Historical Data

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The historical data trend for Petrol AD'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.

Petrol AD Change In Receivables Chart

Petrol AD 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 4.44 -1.80 -3.26 2.78 2.10

Petrol AD Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Dec23 Mar24 Sep24 Dec24 Mar25
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 -0.79 2.32 2.96 -1.35
XBUL:PET
21GF Score
Petrol AD XBUL:PET
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Petrol AD 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.4 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 €-1.4 Mil mean?
Petrol AD (XBUL:PET) has a Change In Receivables of €-1.4 Mil as of Mar. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Petrol AD and its competitors.
Is Petrol AD's Change In Receivables too high?
Petrol AD's current Change In Receivables is €-1.4 Mil. Overall, Petrol AD has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Petrol AD's Change In Receivables compare to PSX and VLO?
Petrol AD's Change In Receivables of €-1.4 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Change In Receivables depends on the Oil & Gas 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 Petrol AD and its competitors. Petrol AD's current Change In Receivables is €-1.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petrol AD stock overvalued right now?
Petrol AD (XBUL:PET) has a current Change In Receivables of €-1.4 Mil. The current Change In Receivables is €-1.4 Mil. Petrol AD's overall GF Score™ is 21/100. 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 Petrol AD (XBUL:PET), the current Change In Receivables is €-1.4 Mil as of Mar. 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.

Petrol AD Business Description

Industry EnergyOil & Gas
Address bul. Cherni vrah 43, rayon Lozenets, Sofia, BGR, 1407
Petrol AD is engaged in the distribution of fuels in Bulgaria. Its other business activities comprise selling of fuel at retail and wholesale, storage of fuels and maintenance of fuel sales facilities.
21GF Score

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

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