ALTG (Alta Equipment Group) Accounts Receivable: $213 Mil (As of Jun. 2026)

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ALTG Alta Equipment Group Inc ALTG
75 GF Score
Price $6.36
GF Value $7.20
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Alta Equipment Group Accounts Receivable?

Alta Equipment Group ALTG -2.15% 75 Accounts Receivable is $213 Mil as of Jun. 2026. GuruFocus rates ALTG with a GF Score™ of 75/100 and a GF Value™ of $7.20 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Alta Equipment Group's accounts receivables for the quarter that ended in Jun. 2026 was $213 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Alta Equipment Group's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 40.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Alta Equipment Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was $-29.18.


Alta Equipment Group 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=213.2/475.5*91
=40.91

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

Alta Equipment Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2026 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)
=(20.9+0.75 * 213.2+0.5 * 456-1358.7
-0-0)/32.553
=-29.18

* 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.


Alta Equipment Group Accounts Receivable Related Terms


Alta Equipment Group Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Alta Equipment Group'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.

Alta Equipment Group Accounts Receivable Chart

Alta Equipment Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 182.70 232.80 249.30 199.70 186.70

Alta Equipment Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 205.30 216.00 186.70 192.00 213.20
ALTG
75GF Score
Alta Equipment Group Inc ALTG
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Alta Equipment Group 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 $213 Mil mean?
Alta Equipment Group (ALTG) has a Accounts Receivable of $213 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Alta Equipment Group and its competitors.
Is Alta Equipment Group's Accounts Receivable too high?
Alta Equipment Group's current Accounts Receivable is $213 Mil. Overall, Alta Equipment Group has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alta Equipment Group's Accounts Receivable compare to AIHS and MWG?
Alta Equipment Group's Accounts Receivable of $213 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 Accounts Receivable for a Business Services company?
A good Accounts Receivable depends on the Business Services 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 Alta Equipment Group and its competitors. Alta Equipment Group's current Accounts Receivable is $213 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alta Equipment Group stock overvalued right now?
Based on GuruFocus' analysis, Alta Equipment Group (ALTG) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.20, compared to a current price of $6.36 — trading 11.7% below its estimated fair value. The current Accounts Receivable is $213 Mil. Alta Equipment Group's overall GF Score™ is 75/100 with 7 warning signs to review. 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 Alta Equipment Group (ALTG), the current Accounts Receivable is $213 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 Alta Equipment Group (ALTG) Overvalued in 2026?

Based on GuruFocus' analysis, Alta Equipment Group stock appears to be undervalued. The current stock price of $6.36 is trading 11.7% below its estimated GF Value™ of $7.20. GuruFocus considers Alta Equipment Group to be Modestly Undervalued.

Key valuation signals for ALTG:

  • Accounts Receivable: $213 Mil
  • GF Value™: $7.20 vs. price of $6.36 (11.7% below fair value)
  • GF Score™: 75/100 with 7 warning signs

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


Alta Equipment Group Business Description

Other Exchanges ALTGpA.PFD:USA
Address 13211 Merriman Road, Livonia, MI, USA, 48150
Alta Equipment Group Inc is an integrated equipment dealership platform in the U.S. Its segments are Material Handling, Construction Equipment, and Master Distribution. The Material Handling segment is engaged in operations related to the sale, service, and rental of lift trucks in Michigan, Illinois, Indiana, New York, Virginia, and throughout the New England states whereas, the Construction Equipment segment is principally engaged in operations related to the sale, service, and rental of construction equipment in Michigan, Indiana, Illinois, Ohio, Pennsylvania, New York, Florida and throughout the New England States, and The Master Distribution segment is engaged in environmental processing equipment distribution with sub dealers throughout the United States and Canada.
75GF Score

Get the complete analysis for ALTG

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

$6.36
Price
$7.20
GF Value