Sandoz Group AG (XSWX:SDZ) Change In Receivables: CHF-221 Mil (TTM As of Jun. 2026)

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XSWX:SDZ Sandoz Group AG XSWX:SDZ
27 GF Score
Price CHF72.64
GF Value CHF48.05
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Sandoz Group AG Change In Receivables?

Sandoz Group AG XSWX:SDZ +0.80% 27 Change In Receivables is CHF-221 Mil as of Jun. 2026. GuruFocus rates XSWX:SDZ with a GF Score™ of 27/100 and a GF Value™ of CHF48.05 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Sandoz Group AG's change in receivables for the quarter that ended in Jun. 2026 was CHF-68 Mil. It means Sandoz Group AG's Accounts Receivable increased by CHF68 Mil from Dec. 2025 to Jun. 2026 .

Sandoz Group AG's change in receivables for the fiscal year that ended in Dec. 2025 was CHF-82 Mil. It means Sandoz Group AG's Accounts Receivable increased by CHF82 Mil from Dec. 2024 to Dec. 2025 .

Sandoz Group AG's Accounts Receivable for the quarter that ended in Jun. 2026 was CHF2,050 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. Sandoz Group AG's Days Sales Outstanding for the six months ended in Jun. 2026 was 80.93.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sandoz Group AG's liquidation value for the six months ended in Jun. 2026 was CHF-7,375 Mil.


Sandoz Group AG  (XSWX:SDZ) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2050.204/4623.151*91
=80.93

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

Sandoz Group AG's liquidation value for the quarter that ended in Jun. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=999.125-11024.745+0.75 * 2050.204+0.5 * 2226.85
=-7,375

* 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.


Sandoz Group AG Change In Receivables Related Terms


Sandoz Group AG Change In Receivables Historical Data

* Premium members only.

The historical data trend for Sandoz 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.

Sandoz Group AG Change In Receivables Chart

Sandoz Group AG Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Change In Receivables
-165.83 -261.17 228.25 -82.08

Sandoz Group AG Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Change In Receivables Get a 7-Day Free Trial -80.44 308.49 72.38 -153.01 -67.94
XSWX:SDZ
27GF Score
Sandoz Group AG XSWX:SDZ
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Sandoz 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 Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF-221 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-221 Mil mean?
Sandoz Group AG (XSWX:SDZ) has a Change In Receivables of CHF-221 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Sandoz Group AG and its competitors.
Is Sandoz Group AG's Change In Receivables too high?
Sandoz Group AG's current Change In Receivables is CHF-221 Mil. Overall, Sandoz Group AG has a GF Score™ of 27/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sandoz Group AG's Change In Receivables compare to ZTS and UTHR?
Sandoz Group AG's Change In Receivables of CHF-221 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Change In Receivables depends on the Drug Manufacturers 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 Sandoz Group AG and its competitors. Sandoz Group AG's current Change In Receivables is CHF-221 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sandoz Group AG stock overvalued right now?
Based on GuruFocus' analysis, Sandoz Group AG (XSWX:SDZ) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF48.05, compared to a current price of CHF72.64 — trading 51.2% above its estimated fair value. The current Change In Receivables is CHF-221 Mil. Sandoz Group AG's overall GF Score™ is 27/100 with 6 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 Sandoz Group AG (XSWX:SDZ), the current Change In Receivables is CHF-221 Mil as of Jun. 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 Sandoz Group AG (XSWX:SDZ) Overvalued in 2026?

Based on GuruFocus' analysis, Sandoz Group AG stock appears to be overvalued. The current stock price of CHF72.64 is trading 51.2% above its estimated GF Value™ of CHF48.05. GuruFocus considers Sandoz Group AG to be Significantly Overvalued.

Key valuation signals for XSWX:SDZ:

  • Change In Receivables: CHF-221 Mil
  • GF Value™: CHF48.05 vs. price of CHF72.64 (51.2% above fair value)
  • GF Score™: 27/100 with 6 warning signs

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


Sandoz Group AG Business Description

Address Centralbahnstrasse 4, Basel, CHE, 4051
Sandoz is one of the largest generic pharmaceutical manufacturers in the world, generating over $11 billion annually from off-patent drugs. Once part of Novartis, Sandoz spun off and went public in October 2023. Generics, including small molecules and complex injectables, make up roughly 75% of Sandoz's total sales, and the firm has a significant presence in Europe, the United States, and other key international markets. Sandoz generates its remaining sales from biosimilars and is among the leaders in the space. Sandoz launched Europe's first biosimilar, Omnitrope, in 2006, as well as the first US biosimilar, Zarxio, in 2015. It has over 10 launched biosimilars in a number of markets and over 20 assets in its pipeline.
27GF Score

Get the complete analysis for XSWX:SDZ

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

CHF72.64
Price
CHF48.05
GF Value