XHG (XChange Tec) Change In Receivables: $-1.97 Mil (TTM As of Mar. 2026)

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XHG XChange Tec Inc XHG
15 GF Score
Price $4.15
! 9 Warning Signs
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What is XChange Tec Change In Receivables?

XChange Tec XHG -7.03% 15 Change In Receivables is $-1.97 Mil as of Mar. 2026. GuruFocus rates XHG with a GF Score™ of 15/100. The stock has 9 warning signs investors should review.

XChange Tec's change in receivables for the quarter that ended in Mar. 2026 was $0.07 Mil. It means XChange Tec's Accounts Receivable declined by $0.07 Mil from Sep. 2025 to Mar. 2026 .

XChange Tec's change in receivables for the fiscal year that ended in Sep. 2025 was $0.00 Mil. It means XChange Tec's Accounts Receivable declined by $0.00 Mil from Sep. 2024 to Sep. 2025 .

XChange Tec's Accounts Receivable for the quarter that ended in Mar. 2026 was $3.30 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. XChange Tec's Days Sales Outstanding for the six months ended in Mar. 2026 was 20.98.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. XChange Tec's liquidation value for the six months ended in Mar. 2026 was $-132.42 Mil.

XChange Tec  (NAS:XHG) 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.

XChange Tec's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.3/28.704*91
=20.98

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

XChange Tec'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)
=0.98-135.879+0.75 * 3.3+0.5 * 0
=-132.42

* 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.

XChange Tec Change In Receivables Related Terms

XChange Tec Change In Receivables Historical Data

* Premium members only.

The historical data trend for XChange Tec'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.

XChange Tec Change In Receivables Chart

XChange Tec Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only 0.24 0.00 0.00 -2.39 0.00

XChange Tec Semi-Annual Data
Sep17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 0.00 2.01 -2.05 0.07
XHG
15GF Score
XChange Tec Inc XHG
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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XChange Tec 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 semi-annually data reported by the company within the most recent 12 months, which was $-1.97 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 $-1.97 Mil mean?
XChange Tec (XHG) has a Change In Receivables of $-1.97 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for XChange Tec and its competitors.
Is XChange Tec's Change In Receivables too high?
XChange Tec's current Change In Receivables is $-1.97 Mil. Overall, XChange Tec has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does XChange Tec's Change In Receivables compare to EHTH and QDMI?
XChange Tec's Change In Receivables of $-1.97 Mil can be compared against companies in the Insurance 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 Insurance company?
A good Change In Receivables depends on the Insurance 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 XChange Tec and its competitors. XChange Tec's current Change In Receivables is $-1.97 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XChange Tec stock overvalued right now?
XChange Tec (XHG) has a current Change In Receivables of $-1.97 Mil. The current Change In Receivables is $-1.97 Mil. XChange Tec's overall GF Score™ is 15/100 with 9 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 XChange Tec (XHG), the current Change In Receivables is $-1.97 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.

XChange Tec Business Description

Address Guoxia Road, Room 613, No.259, Yangpu District, Shanghai, CHN, 200433
XChange Tec Inc, through its subsidiaries, operates in the insurance agency and insurance technology business. The company specialized in distributing automobile insurance policies at the earlier stage of business and subsequently expanded its insurance product portfolio to include other types of insurance, including life, health, group accident, and other property-related insurances. A maximum of the insurance purchased through platform and agency services is for automobile insurance.
15GF 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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