Nordic Resources (ASX:NNL) Accounts Receivable: A$0.49 Mil (As of Dec. 2025)

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ASX:NNL Nordic Resources Ltd ASX:NNL
34 GF Score
Price A$0.19
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What is Nordic Resources Accounts Receivable?

Nordic Resources ASX:NNL 34 Accounts Receivable is A$0.49 Mil as of Dec. 2025. GuruFocus rates ASX:NNL with a GF Score™ of 34/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nordic Resources's accounts receivables for the quarter that ended in Dec. 2025 was A$0.49 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Nordic Resources's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was A$0.03.


Nordic Resources 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.494/0*91
=

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

Nordic Resources'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)
=(10.508+0.75 * 0.494+0.5 * 0-1.016
-0-0)/376.048
=0.03

* 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.


Nordic Resources Accounts Receivable Related Terms


Nordic Resources Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Nordic Resources'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.

Nordic Resources Accounts Receivable Chart

Nordic Resources Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Accounts Receivable
0.00 0.00 0.00 0.00

Nordic Resources Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 0.08 0.00 0.04 0.00 0.49
ASX:NNL
34GF Score
Nordic Resources Ltd ASX:NNL
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nordic Resources 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$0.49 Mil mean?
Nordic Resources (ASX:NNL) has a Accounts Receivable of A$0.49 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Nordic Resources and its competitors.
Is Nordic Resources' Accounts Receivable too high?
Nordic Resources' current Accounts Receivable is A$0.49 Mil. Overall, Nordic Resources has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Nordic Resources' Accounts Receivable compare to competitors?
Nordic Resources' Accounts Receivable of A$0.49 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Accounts Receivable depends on the Metals & Mining 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 Nordic Resources and its competitors. Nordic Resources's current Accounts Receivable is A$0.49 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Resources stock overvalued right now?
Nordic Resources (ASX:NNL) has a current Accounts Receivable of A$0.49 Mil. The current Accounts Receivable is A$0.49 Mil. Nordic Resources' overall GF Score™ is 34/100. 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 Nordic Resources (ASX:NNL), the current Accounts Receivable is A$0.49 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.

Nordic Resources Business Description

Other Exchanges GZ7:Germany
Address 197 Saint Georges Terrace, Level 12, Perth, WA, AUS, 6000
Nordic Resources Ltd is an active mineral exploration company focused on discovering and developing gold and critical metals in Finland. Its projects include the Pulju Nickel Project, Kopsa Gold-Copper Project, Kiimala Trend Project, and Hirsikangas Gold Project.
34GF Score

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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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