Bhagwan Marine (ASX:BWN) Accounts Receivable: A$37.1 Mil (As of Dec. 2025)

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ASX:BWN Bhagwan Marine Ltd ASX:BWN
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What is Bhagwan Marine Accounts Receivable?

Bhagwan Marine ASX:BWN -1.79% 14 Accounts Receivable is A$37.1 Mil as of Dec. 2025. GuruFocus rates ASX:BWN with a GF Score™ of 14/100. The stock has 4 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bhagwan Marine's accounts receivables for the quarter that ended in Dec. 2025 was A$37.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bhagwan Marine's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 57.94.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bhagwan Marine's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was A$-0.24.


Bhagwan Marine 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=37.096/116.85*91
=57.94

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

Bhagwan Marine'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)
=(17.294+0.75 * 37.096+0.5 * 2.422-112.025
-0-0)/275.200
=-0.24

* 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.


Bhagwan Marine Accounts Receivable Related Terms


Bhagwan Marine Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Bhagwan Marine'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.

Bhagwan Marine Accounts Receivable Chart

Bhagwan Marine Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Accounts Receivable
0.00 0.00 79.99 47.69

Bhagwan Marine Semi-Annual Data
Jun22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Accounts Receivable Get a 7-Day Free Trial 49.60 79.99 60.17 47.69 37.10
ASX:BWN
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Bhagwan Marine Ltd ASX:BWN
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Bhagwan Marine 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$37.1 Mil mean?
Bhagwan Marine (ASX:BWN) has a Accounts Receivable of A$37.1 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Bhagwan Marine and its competitors.
Is Bhagwan Marine's Accounts Receivable too high?
Bhagwan Marine's current Accounts Receivable is A$37.1 Mil. Overall, Bhagwan Marine has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Bhagwan Marine's Accounts Receivable compare to competitors?
Bhagwan Marine's Accounts Receivable of A$37.1 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Accounts Receivable depends on the Transportation 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 Bhagwan Marine and its competitors. Bhagwan Marine's current Accounts Receivable is A$37.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhagwan Marine stock overvalued right now?
Bhagwan Marine (ASX:BWN) has a current Accounts Receivable of A$37.1 Mil. The current Accounts Receivable is A$37.1 Mil. Bhagwan Marine's overall GF Score™ is 14/100 with 4 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 Bhagwan Marine (ASX:BWN), the current Accounts Receivable is A$37.1 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.

Bhagwan Marine Business Description

Address 251 St Georges Terrace, Level 3, Perth, WA, AUS, 6000
Bhagwan Marine Ltd is a marine vessel operator and service provider. It is engaged in operating a diverse range of vessels providing marine solutions across the offshore energy, subsea, ports and inshore, and defence sectors. The group has a diverse fleet of purpose-built charter vessels and marine assets available for hire, including ASD harbour tugs, coastal towage tugs, anchor handling tug supply, multicats, dive support vessels, landing craft, crew transfer vessels, and utility vessels, among others. In addition, it provides various marine services such as ROV support, coastal freight, transshipping, vessel line handling, general underwater construction, oil field support services, etc. Geographically, the group derives a majority of its revenue from Australia.
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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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