ADNH (Advent Technologies Holdings) Accounts Receivable: $0.09 Mil (As of Sep. 2025)

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What is Advent Technologies Holdings Accounts Receivable?

Advent Technologies Holdings ADNH Accounts Receivable is $0.09 Mil as of Sep. 2025. The stock has 6 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Advent Technologies Holdings's accounts receivables for the quarter that ended in Sep. 2025 was $0.09 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Advent Technologies Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2025 was 128.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Advent Technologies Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2025 was $-8.06.


Advent Technologies Holdings Accounts Receivable 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 receivables are being managed.

Advent Technologies Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.087/0.062*91
=128.04

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Advent Technologies Holdings's accounts receivable are only considered to be worth 75% of book value:

Advent Technologies Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2025 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.468+0.75 * 0.087+0.5 * -5.203-24.459
-0-0)/3.292
=-8.06

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Advent Technologies Holdings Accounts Receivable Related Terms


Advent Technologies Holdings Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Advent Technologies Holdings's Accounts Receivable 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.

Advent Technologies Holdings Accounts Receivable Chart

Advent Technologies Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 0.42 3.14 0.98 0.06 0.96

Advent Technologies Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Accounts Receivable 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 0.27 0.96 0.14 0.07 0.09

Advent Technologies Holdings Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $0.09 Mil mean?
Advent Technologies Holdings (ADNH) has a Accounts Receivable of $0.09 Mil as of Sep. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Advent Technologies Holdings and its competitors.
Is Advent Technologies Holdings' Accounts Receivable too high?
Advent Technologies Holdings' current Accounts Receivable is $0.09 Mil.
How does Advent Technologies Holdings' Accounts Receivable compare to LNKS and OZSC?
Advent Technologies Holdings' Accounts Receivable of $0.09 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for an Industrial Products company?
A good Accounts Receivable depends on the Industrial Products industry context. However, Accounts Receivable 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 Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Advent Technologies Holdings and its competitors. Advent Technologies Holdings's current Accounts Receivable is $0.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advent Technologies Holdings stock overvalued right now?
Based on GuruFocus' analysis, Advent Technologies Holdings (ADNH) is currently considered Possible Value Trap. The stock's GF Value™ is $0.06, compared to a current price of $0.00 — trading 99.5% below its estimated fair value. The current Accounts Receivable is $0.09 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Advent Technologies Holdings (ADNH), the current Accounts Receivable is $0.09 Mil as of Sep. 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.

Advent Technologies Holdings Business Description

Address 5637 La Ribera Street, Suite A, Livermore, CA, USA, 94550
Advent Technologies Holdings Inc is an innovation-driven company in the fuel cell and hydrogen technology space, including liquid hydrogen carriers such as methanol. The company develops, manufactures, and assembles complete fuel cell systems and the critical components that determine the performance of hydrogen fuel cells and other energy systems. It serves automotive; aviation and power generation industries. It generates revenue from the sale of fuel cell systems and the sale of MEAs, membranes, and electrodes for specific applications in the fuel cell and energy storage (flow battery) markets.