Energy Solar Tech (XMAD:ETC) Change In Receivables: €-1.79 Mil (TTM As of Dec. 2025)

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XMAD:ETC Energy Solar Tech SA XMAD:ETC
42 GF Score
Price €1.50
GF Value €55.74
Valuation Possible Value Trap
! 4 Warning Signs
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What is Energy Solar Tech Change In Receivables?

Energy Solar Tech XMAD:ETC 42 Change In Receivables is €-1.79 Mil as of Dec. 2025. GuruFocus rates XMAD:ETC with a GF Score™ of 42/100 and a GF Value™ of €55.74 (Possible Value Trap). The stock has 4 warning signs investors should review.

Energy Solar Tech's change in receivables for the quarter that ended in Dec. 2025 was €-1.79 Mil. It means Energy Solar Tech's Accounts Receivable increased by €1.79 Mil from Dec. 2021 to Dec. 2025 .

Energy Solar Tech's change in receivables for the fiscal year that ended in Dec. 2025 was €-1.79 Mil. It means Energy Solar Tech's Accounts Receivable increased by €1.79 Mil from Dec. 2021 to Dec. 2025 .

Energy Solar Tech's Accounts Receivable for the quarter that ended in Dec. 2025 was €8.68 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. Energy Solar Tech's Days Sales Outstanding for the six months ended in Dec. 2025 was 19.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Energy Solar Tech's liquidation value for the six months ended in Dec. 2025 was €-14.45 Mil.


Energy Solar Tech  (XMAD:ETC) 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.

Energy Solar Tech's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.682/81.154*91
=19.52

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

Energy Solar Tech's liquidation value for the quarter that ended in Dec. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=5.656-33.419+0.75 * 8.682+0.5 * 13.596
=-14.45

* 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.


Energy Solar Tech Change In Receivables Related Terms


Energy Solar Tech Change In Receivables Historical Data

* Premium members only.

The historical data trend for Energy Solar Tech'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.

Energy Solar Tech Change In Receivables Chart

Energy Solar Tech Annual Data
Trend Dec20 Dec21 Dec25
Change In Receivables
-0.06 -0.49 -1.79

Energy Solar Tech Semi-Annual Data
Dec20 Dec21 Dec25
Change In Receivables -0.06 -0.49 -1.79
XMAD:ETC
42GF Score
Energy Solar Tech SA XMAD:ETC
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Energy Solar Tech 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2025 was €-1.79 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 €-1.79 Mil mean?
Energy Solar Tech (XMAD:ETC) has a Change In Receivables of €-1.79 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Energy Solar Tech and its competitors.
Is Energy Solar Tech's Change In Receivables too high?
Energy Solar Tech's current Change In Receivables is €-1.79 Mil. Overall, Energy Solar Tech has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Energy Solar Tech's Change In Receivables compare to competitors?
Energy Solar Tech's Change In Receivables of €-1.79 Mil can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Change In Receivables depends on the Utilities - Independent Power Producers 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 Energy Solar Tech and its competitors. Energy Solar Tech's current Change In Receivables is €-1.79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Solar Tech stock overvalued right now?
Based on GuruFocus' analysis, Energy Solar Tech (XMAD:ETC) is currently considered Possible Value Trap. The stock's GF Value™ is €55.74, compared to a current price of €1.50 — trading 97.3% below its estimated fair value. The current Change In Receivables is €-1.79 Mil. Energy Solar Tech's overall GF Score™ is 42/100 with 4 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 Energy Solar Tech (XMAD:ETC), the current Change In Receivables is €-1.79 Mil as of Dec. 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 Energy Solar Tech (XMAD:ETC) Overvalued in 2026?

Based on GuruFocus' analysis, Energy Solar Tech stock appears to be undervalued. The current stock price of €1.50 is trading 97.3% below its estimated GF Value™ of €55.74. GuruFocus considers Energy Solar Tech to be Possible Value Trap.

Key valuation signals for XMAD:ETC:

  • Change In Receivables: €-1.79 Mil
  • GF Value™: €55.74 vs. price of €1.50 (97.3% below fair value)
  • GF Score™: 42/100 with 4 warning signs

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


Energy Solar Tech Business Description

Other Exchanges ALETC:FranceDH4:Germany
Address C/ Ruso, 18, Las Rozas de Madrid, Madrid, ESP, 28290
Energy Solar Tech SA is a technology company in the energy sector whose mission is to facilitate the migration of companies to renewable energies, The company offers its clients energy generation and efficiency technologies through its offer of energy Outsourcing services under the Energy As A Service model.
42GF Score

Get the complete analysis for XMAD:ETC

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

€1.50
Price
€55.74
GF Value