Bega Cheese (ASX:BGA) Accounts Receivable: A$343 Mil (As of Dec. 2025)

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ASX:BGA Bega Cheese Ltd ASX:BGA
66 GF Score
Price A$6.12
GF Value A$4.86
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Bega Cheese Accounts Receivable?

Bega Cheese ASX:BGA -1.77% 66 Accounts Receivable is A$343 Mil as of Dec. 2025. GuruFocus rates ASX:BGA with a GF Score™ of 66/100 and a GF Value™ of A$4.86 (Modestly Overvalued). 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. Bega Cheese's accounts receivables for the quarter that ended in Dec. 2025 was A$343 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bega Cheese's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 33.47.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bega Cheese's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was A$-2.03.


Bega Cheese 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=343.2/1871.3*91
=33.47

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

Bega Cheese's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(75.2+0.75 * 343.2+0.5 * 447.5-1177.7
-0-0)/305.377
=-2.03

* 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.


Bega Cheese Accounts Receivable Related Terms


Bega Cheese Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Bega Cheese'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.

Bega Cheese Accounts Receivable Chart

Bega Cheese Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 303.80 241.30 276.10 320.00 172.50

Bega Cheese Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 355.10 320.00 309.80 172.50 343.20
ASX:BGA
66GF Score
Bega Cheese Ltd ASX:BGA
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Bega Cheese 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 A$343 Mil mean?
Bega Cheese (ASX:BGA) has a Accounts Receivable of A$343 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Bega Cheese and its competitors.
Is Bega Cheese's Accounts Receivable too high?
Bega Cheese's current Accounts Receivable is A$343 Mil. Overall, Bega Cheese has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bega Cheese's Accounts Receivable compare to KHC and GIS?
Bega Cheese's Accounts Receivable of A$343 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Accounts Receivable depends on the Consumer Packaged Goods 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 Bega Cheese and its competitors. Bega Cheese's current Accounts Receivable is A$343 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bega Cheese stock overvalued right now?
Based on GuruFocus' analysis, Bega Cheese (ASX:BGA) is currently considered Modestly Overvalued. The stock's GF Value™ is A$4.86, compared to a current price of A$6.12 — trading 25.9% above its estimated fair value. The current Accounts Receivable is A$343 Mil. Bega Cheese's overall GF Score™ is 66/100 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 Bega Cheese (ASX:BGA), the current Accounts Receivable is A$343 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 Bega Cheese (ASX:BGA) Overvalued in 2026?

Based on GuruFocus' analysis, Bega Cheese stock appears to be overvalued. The current stock price of A$6.12 is trading 25.9% above its estimated GF Value™ of A$4.86. GuruFocus considers Bega Cheese to be Modestly Overvalued.

Key valuation signals for ASX:BGA:

  • Accounts Receivable: A$343 Mil
  • GF Value™: A$4.86 vs. price of A$6.12 (25.9% above fair value)
  • GF Score™: 66/100 with 7 warning signs

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


Bega Cheese Business Description

Other Exchanges BGCHY:USAB6G:Germany
Address 23 Ridge Street, Bega, NSW, AUS, 2550
Bega Group is an Australia-based dairy processor and food manufacturer of well-known brands including Bega Cheese and Vegemite. Bega operates two segments: The branded segment produces consumer packaged goods primarily sold through the supermarket and foodservice channels, while the bulk segment produces commodity dairy ingredients primarily sold through the business-to-business channel.
66GF Score

Get the complete analysis for ASX:BGA

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

A$6.12
Price
A$4.86
GF Value