Clariant AG (XSWX:CLN) Change In Receivables: CHF-25 Mil (TTM As of Dec. 2025)

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.

XSWX:CLN Clariant AG XSWX:CLN
64 GF Score
Price CHF7.75
GF Value CHF9.90
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Clariant AG Change In Receivables?

Clariant AG XSWX:CLN -1.02% 64 Change In Receivables is CHF-25 Mil as of Dec. 2025. GuruFocus rates XSWX:CLN with a GF Score™ of 64/100 and a GF Value™ of CHF9.90 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Clariant AG's change in receivables for the quarter that ended in Dec. 2025 was CHF-42 Mil. It means Clariant AG's Accounts Receivable increased by CHF42 Mil from Jun. 2025 to Dec. 2025 .

Clariant AG's change in receivables for the fiscal year that ended in Dec. 2025 was CHF-25 Mil. It means Clariant AG's Accounts Receivable increased by CHF25 Mil from Dec. 2024 to Dec. 2025 .

Clariant AG's Accounts Receivable for the quarter that ended in Dec. 2025 was CHF614 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. Clariant AG's Days Sales Outstanding for the six months ended in Dec. 2025 was 57.94.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Clariant AG's liquidation value for the six months ended in Dec. 2025 was CHF-2,220 Mil.

Clariant AG  (XSWX:CLN) 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.

Clariant AG's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=614/1934*91
=57.94

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

Clariant AG'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)
=688-3689+0.75 * 614+0.5 * 641
=-2,220

* 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.

Clariant AG Change In Receivables Related Terms

Clariant AG Change In Receivables Historical Data

* Premium members only.

The historical data trend for Clariant 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.

Clariant AG Change In Receivables Chart

Clariant 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 -191.00 -40.00 94.00 -47.00 -25.00

Clariant AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 54.00 -25.00 -22.00 17.00 -42.00
XSWX:CLN
64GF Score
Clariant AG XSWX:CLN
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clariant 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF-25 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-25 Mil mean?
Clariant AG (XSWX:CLN) has a Change In Receivables of CHF-25 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Clariant AG and its competitors.
Is Clariant AG's Change In Receivables too high?
Clariant AG's current Change In Receivables is CHF-25 Mil. Overall, Clariant AG has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Clariant AG's Change In Receivables compare to LIN and SHW?
Clariant AG's Change In Receivables of CHF-25 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Change In Receivables depends on the Chemicals 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 Clariant AG and its competitors. Clariant AG's current Change In Receivables is CHF-25 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clariant AG stock overvalued right now?
Based on GuruFocus' analysis, Clariant AG (XSWX:CLN) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF9.90, compared to a current price of CHF7.75 — trading 21.8% below its estimated fair value. The current Change In Receivables is CHF-25 Mil. Clariant AG's overall GF Score™ is 64/100 with 5 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 Clariant AG (XSWX:CLN), the current Change In Receivables is CHF-25 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 Clariant AG (XSWX:CLN) Overvalued in 2026?

Based on GuruFocus' analysis, Clariant AG stock appears to be undervalued. The current stock price of CHF7.75 is trading 21.8% below its estimated GF Value™ of CHF9.90. GuruFocus considers Clariant AG to be Modestly Undervalued.

Key valuation signals for XSWX:CLN:

  • Change In Receivables: CHF-25 Mil
  • GF Value™: CHF9.90 vs. price of CHF7.75 (21.8% below fair value)
  • GF Score™: 64/100 with 5 warning signs

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

Clariant AG Business Description

Address Rothausstrasse 61, Muttenz, CHE, 4132
Clariant AG is a Switzerland-based specialty chemicals company with world-wide operations. It develops, manufactures, distributes, and sells a broad range of specialty chemicals, which play a key role in its customers' manufacturing and treatment processes or add value to their end products. The company reports in three business areas: care chemicals, absorbents and additives and catalysts. Care chemicals mainly targets consumer end markets such as personal care and homecare, but it also has an industrial component. Absorbents and additives encompass Clariant's coatings and adhesives, absorbents, and plastics segments. Catalysts manufacturers process catalysts, mainly for petrochemical and syngas plants.
64GF Score

Get the complete analysis for XSWX:CLN

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

CHF7.75
Price
CHF9.90
GF Value