Solar AS (CHIX:SOLABC) Accounts Receivable: kr2,101 Mil (As of Mar. 2026)

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CHIX:SOLABC Solar AS CHIX:SOLABC
60 GF Score
Price kr198.20
GF Value kr279.82
! 8 Warning Signs
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What is Solar AS Accounts Receivable?

Solar AS CHIX:SOLABC 60 Accounts Receivable is kr2,101 Mil as of Mar. 2026. GuruFocus rates CHIX:SOLABC with a GF Score™ of 60/100 and a GF Value™ of kr279.82. The stock has 8 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Solar AS's accounts receivables for the quarter that ended in Mar. 2026 was kr2,101 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Solar AS's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 57.96.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Solar AS's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was kr-291.33.


Solar AS 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.

Solar AS's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2101/3308*91
=57.96

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

Solar AS's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 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)
=(113+0.75 * 2101+0.5 * 1973-4946
-0-45)/7.949
=-291.33

* 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.


Solar AS Accounts Receivable Related Terms


Solar AS Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Solar AS'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.

Solar AS Accounts Receivable Chart

Solar AS 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 1,502.00 1,859.00 1,648.00 1,657.00 1,714.00

Solar AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2,030.00 1,838.00 1,912.00 1,714.00 2,101.00
CHIX:SOLABC
60GF Score
Solar AS CHIX:SOLABC
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Solar AS 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 kr2,101 Mil mean?
Solar AS (CHIX:SOLABC) has a Accounts Receivable of kr2,101 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Solar AS and its competitors.
Is Solar AS's Accounts Receivable too high?
Solar AS's current Accounts Receivable is kr2,101 Mil. Overall, Solar AS has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Solar AS's Accounts Receivable compare to SNX and ARW?
Solar AS's Accounts Receivable of kr2,101 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Accounts Receivable depends on the Hardware 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 Solar AS and its competitors. Solar AS's current Accounts Receivable is kr2,101 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar AS stock overvalued right now?
Solar AS (CHIX:SOLABC) has a current Accounts Receivable of kr2,101 Mil. The stock's GF Value™ is kr279.82, compared to a current price of kr198.20 — trading 29.2% below its estimated fair value. The current Accounts Receivable is kr2,101 Mil. Solar AS's overall GF Score™ is 60/100 with 8 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 Solar AS (CHIX:SOLABC), the current Accounts Receivable is kr2,101 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 Solar AS (CHIX:SOLABC) Overvalued in 2026?

Based on GuruFocus' analysis, Solar AS stock appears to be undervalued. The current stock price of kr198.20 is trading 29.2% below its estimated GF Value™ of kr279.82.

Key valuation signals for CHIX:SOLABC:

  • Accounts Receivable: kr2,101 Mil
  • GF Value™: kr279.82 vs. price of kr198.20 (29.2% below fair value)
  • GF Score™: 60/100 with 8 warning signs

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


Solar AS Business Description

Address Industrivej Vest 43, Vejen, DNK, 6600
Solar AS is an sourcing and services company mainly within electrical, heating & plumbing and climate & energy solutions. Its core business centres on product sourcing, value-adding services and optimisation of customer's businesses. It has three business segment; Installation, Industry and Trade. Installation covers installation of electrical, and heating and plumbing products, while industry covers industry, offshore and marine, and utility and infrastructure, trade covers other small areas. Key revenue is generated from Installation segment. The company operates in Denmark, Sweden, Norway, Netherlands, Poland and Others.
60GF Score

Get the complete analysis for CHIX:SOLABC

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

kr198.20
Price
kr279.82
GF Value