Kina Securities (ASX:KSL) Accounts Receivable: A$-28.1 Mil (As of Dec. 2025)

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ASX:KSL Kina Securities Ltd ASX:KSL
71 GF Score
Price A$1.24
GF Value A$1.17
Valuation Fairly Valued
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What is Kina Securities Accounts Receivable?

Kina Securities ASX:KSL +0.40% 71 Accounts Receivable is A$-28.1 Mil as of Dec. 2025. GuruFocus rates ASX:KSL with a GF Score™ of 71/100 and a GF Value™ of A$1.17 (Fairly Valued).

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kina Securities's accounts receivables for the quarter that ended in Dec. 2025 was A$-28.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kina Securities's Days Sales Outstanding for the quarter that ended in Dec. 2025 was -54.87.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kina Securities's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was A$-3.88.


Kina Securities 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=-28.092/93.43*91
=-54.87

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

Kina Securities'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)
=(422.462+0.75 * -28.092+0.5 * 0-1537.1
-0-0)/292.966
=-3.88

* 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.


Kina Securities Accounts Receivable Related Terms


Kina Securities Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Kina Securities'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.

Kina Securities Accounts Receivable Chart

Kina Securities Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.15 -13.55 -16.72 -21.46 -28.09

Kina Securities 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 -16.72 0.00 -21.46 0.00 -28.09
ASX:KSL
71GF Score
Kina Securities Ltd ASX:KSL
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Kina Securities 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$-28.1 Mil mean?
Kina Securities (ASX:KSL) has a Accounts Receivable of A$-28.1 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Kina Securities and its competitors.
Is Kina Securities' Accounts Receivable too high?
Kina Securities' current Accounts Receivable is A$-28.1 Mil. Overall, Kina Securities has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kina Securities' Accounts Receivable compare to FRHC and VOYA?
Kina Securities' Accounts Receivable of A$-28.1 Mil can be compared against companies in the Diversified Financial 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 Diversified Financial Services company?
A good Accounts Receivable depends on the Diversified Financial 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 Kina Securities and its competitors. Kina Securities's current Accounts Receivable is A$-28.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kina Securities stock overvalued right now?
Based on GuruFocus' analysis, Kina Securities (ASX:KSL) is currently considered Fairly Valued. The stock's GF Value™ is A$1.17, compared to a current price of A$1.24 — trading 6% above its estimated fair value. The current Accounts Receivable is A$-28.1 Mil. Kina Securities' overall GF Score™ is 71/100. 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 Kina Securities (ASX:KSL), the current Accounts Receivable is A$-28.1 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.

Is Kina Securities (ASX:KSL) Overvalued in 2026?

Based on GuruFocus' analysis, Kina Securities stock appears to be overvalued. The current stock price of A$1.24 is trading 6% above its estimated GF Value™ of A$1.17. GuruFocus considers Kina Securities to be Fairly Valued.

Key valuation signals for ASX:KSL:

  • Accounts Receivable: A$-28.1 Mil
  • GF Value™: A$1.17 vs. price of A$1.24 (6% above fair value)
  • GF Score™: 71/100

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


Kina Securities Business Description

Address Douglas Street, PO Box 1141, 9th Level, Kina Bank Haus, Port Moresby, PNG, NCD 121
Kina Securities Ltd provides diversified financial products and services. The company offers banking services, personal and commercial loans, money market operations, provision of share brokerage, fund administration, investment management services asset financing, and corporate advice. The Group's reportable segments include Banking & Finance and Wealth Management. The Banking & Finance segment includes the operations of the Bank while the Wealth Management segment includes fund management and fund administration business. It derives the majority of its revenues from the banking segment.
71GF Score

Get the complete analysis for ASX:KSL

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

A$1.24
Price
A$1.17
GF Value