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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cenit AG's accounts receivables for the quarter that ended in Mar. 2026 was €32.4 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Cenit AG's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 56.26.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cenit AG's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was €-7.51.
Cenit AG 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.
Cenit AG's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:
* 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.
Cenit AG Accounts Receivable Related Terms
Cenit AG Accounts Receivable Historical Data
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The historical data trend for Cenit AG'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.
What does a Accounts Receivable of €32.4 Mil mean?
Cenit AG (CHIX:CSHD) has a Accounts Receivable of €32.4 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Cenit AG and its competitors.
Is Cenit AG's Accounts Receivable too high?
Cenit AG's current Accounts Receivable is €32.4 Mil. Overall, Cenit AG has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Cenit AG's Accounts Receivable compare to UBER and SHOP?
Cenit AG's Accounts Receivable of €32.4 Mil can be compared against companies in the Software 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 Software company?
A good Accounts Receivable depends on the Software 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 Cenit AG and its competitors. Cenit AG's current Accounts Receivable is €32.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cenit AG stock overvalued right now?
Cenit AG (CHIX:CSHD) has a current Accounts Receivable of €32.4 Mil. The stock's GF Value™ is €19.37, compared to a current price of €14.38 — trading 25.8% below its estimated fair value. The current Accounts Receivable is €32.4 Mil. Cenit AG's overall GF Score™ is 82/100 with 5 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 Cenit AG (CHIX:CSHD), the current Accounts Receivable is €32.4 Mil as of Mar. 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 Cenit AG (CHIX:CSHD) Overvalued in 2026?
Based on GuruFocus' analysis, Cenit AG stock appears to be undervalued.
The current stock price of €14.38 is trading 25.8% below its estimated GF Value™ of €19.37.
Key valuation signals for CHIX:CSHD:
Accounts Receivable: €32.4 Mil
GF Value™: €19.37 vs. price of €14.38 (25.8% below fair value)
No single metric tells the full story. See the CHIX:CSHD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cenit AG specializes in the sale and integration of software and IT services. The Group has two reportable segments: EIM (Enterprise Information Management) and PLM (Product Lifecycle Management). The majority of its revenue is generated from the PLM segment, which focuses on industrial customers and the corresponding technologies, providing products and services in product lifecycle management, such as CATIA from Dassault Systemes or SAP, and internally developed software such as cenitCONNECT and FASTSUITE. The EIM segment serves businesses, banks, insurers, and utilities by providing IBM-based and in-house software solutions and consulting for document management and business intelligence. Geographically, it derives key revenue from Germany, followed by France, North America, and others.
82GF 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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