Adecco Group AG (XSWX:ADEN) Change In Receivables: CHF-348 Mil (TTM As of Mar. 2026)

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XSWX:ADEN Adecco Group AG XSWX:ADEN
60 GF Score
Price CHF20.46
GF Value CHF25.87
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Adecco Group AG Change In Receivables?

Adecco Group AG XSWX:ADEN +5.79% 60 Change In Receivables is CHF-348 Mil as of Mar. 2026. GuruFocus rates XSWX:ADEN with a GF Score™ of 60/100 and a GF Value™ of CHF25.87 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Adecco Group AG's change in receivables for the quarter that ended in Mar. 2026 was CHF-152 Mil. It means Adecco Group AG's Accounts Receivable increased by CHF152 Mil from Dec. 2025 to Mar. 2026 .

Adecco Group AG's change in receivables for the fiscal year that ended in Dec. 2025 was CHF-232 Mil. It means Adecco Group AG's Accounts Receivable increased by CHF232 Mil from Dec. 2024 to Dec. 2025 .

Adecco Group AG's Accounts Receivable for the quarter that ended in Mar. 2026 was CHF3,999 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. Adecco Group AG's Days Sales Outstanding for the three months ended in Mar. 2026 was 70.86.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Adecco Group AG's liquidation value for the three months ended in Mar. 2026 was CHF-4,469 Mil.

Adecco Group AG  (XSWX:ADEN) 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.

Adecco Group AG's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3999.302/5149.761*91
=70.86

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

Adecco Group AG'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)
=276.693-7745.576+0.75 * 3999.302+0.5 * 0
=-4,469

* 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.

Adecco Group AG Change In Receivables Related Terms

Adecco Group AG Change In Receivables Historical Data

* Premium members only.

The historical data trend for Adecco Group AG'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.

Adecco Group AG Change In Receivables Chart

Adecco Group AG 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 -176.92 -383.89 173.53 317.43 -232.35

Adecco Group AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -38.21 -255.12 48.59 10.27 -152.00
XSWX:ADEN
60GF Score
Adecco Group AG XSWX:ADEN
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Adecco Group AG 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 CHF-348 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 CHF-348 Mil mean?
Adecco Group AG (XSWX:ADEN) has a Change In Receivables of CHF-348 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Adecco Group AG and its competitors.
Is Adecco Group AG's Change In Receivables too high?
Adecco Group AG's current Change In Receivables is CHF-348 Mil. Overall, Adecco Group AG has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adecco Group AG's Change In Receivables compare to KFY and RHI?
Adecco Group AG's Change In Receivables of CHF-348 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Change In Receivables depends on the Business Services 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 Adecco Group AG and its competitors. Adecco Group AG's current Change In Receivables is CHF-348 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adecco Group AG stock overvalued right now?
Based on GuruFocus' analysis, Adecco Group AG (XSWX:ADEN) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF25.87, compared to a current price of CHF20.46 — trading 20.9% below its estimated fair value. The current Change In Receivables is CHF-348 Mil. Adecco Group AG's overall GF Score™ is 60/100 with 3 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 Adecco Group AG (XSWX:ADEN), the current Change In Receivables is CHF-348 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 Adecco Group AG (XSWX:ADEN) Overvalued in 2026?

Based on GuruFocus' analysis, Adecco Group AG stock appears to be undervalued. The current stock price of CHF20.46 is trading 20.9% below its estimated GF Value™ of CHF25.87. GuruFocus considers Adecco Group AG to be Modestly Undervalued.

Key valuation signals for XSWX:ADEN:

  • Change In Receivables: CHF-348 Mil
  • GF Value™: CHF25.87 vs. price of CHF20.46 (20.9% below fair value)
  • GF Score™: 60/100 with 3 warning signs

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

Adecco Group AG Business Description

Address Bellerivestrasse 30, Zurich, CHE, CH-8008
Adecco Group provides human capital solutions. The majority of its revenue comes from flexible placement, but the company also offers permanent placement, career transition, outsourcing, and consulting services in engineering, digital, and IT. The company is organized into three business units—Adecco, Akkodis, and LHH—and operates in over 60 countries.
60GF Score

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

CHF20.46
Price
CHF25.87
GF Value