FLXS (Flexsteel Industries) Accounts Receivable: $42.7 Mil (As of Jun. 2026)

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FLXS Flexsteel Industries Inc FLXS
67 GF Score
Price $82.16
GF Value $43.25
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Flexsteel Industries Accounts Receivable?

Flexsteel Industries FLXS +2.19% 67 Accounts Receivable is $42.7 Mil as of Jun. 2026. GuruFocus rates FLXS with a GF Score™ of 67/100 and a GF Value™ of $43.25 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Flexsteel Industries's accounts receivables for the quarter that ended in Jun. 2026 was $42.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Flexsteel Industries's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 33.74.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Flexsteel Industries's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was $-6.51.


Flexsteel Industries 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.

Flexsteel Industries's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=42.658/115.365*91
=33.74

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

Flexsteel Industries's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(16.678+0.75 * 42.658+0.5 * 90.593-120.514
-0-0)/4.076
=-6.51

* 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.


Flexsteel Industries Accounts Receivable Related Terms


Flexsteel Industries Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Flexsteel Industries'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.

Flexsteel Industries Accounts Receivable Chart

Flexsteel Industries Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.11 38.17 44.24 35.23 42.66

Flexsteel Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 35.23 35.24 41.83 41.46 42.66
FLXS
67GF Score
Flexsteel Industries Inc FLXS
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Flexsteel Industries 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 $42.7 Mil mean?
Flexsteel Industries (FLXS) has a Accounts Receivable of $42.7 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Flexsteel Industries and its competitors.
Is Flexsteel Industries' Accounts Receivable too high?
Flexsteel Industries' current Accounts Receivable is $42.7 Mil. Overall, Flexsteel Industries has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Flexsteel Industries' Accounts Receivable compare to HBB and LOVE?
Flexsteel Industries' Accounts Receivable of $42.7 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Accounts Receivable depends on the Furnishings, Fixtures & Appliances 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 Flexsteel Industries and its competitors. Flexsteel Industries's current Accounts Receivable is $42.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flexsteel Industries stock overvalued right now?
Based on GuruFocus' analysis, Flexsteel Industries (FLXS) is currently considered Significantly Overvalued. The stock's GF Value™ is $43.25, compared to a current price of $82.16 — trading 90% above its estimated fair value. The current Accounts Receivable is $42.7 Mil. Flexsteel Industries' overall GF Score™ is 67/100 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 Flexsteel Industries (FLXS), the current Accounts Receivable is $42.7 Mil as of Jun. 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 Flexsteel Industries (FLXS) Overvalued in 2026?

Based on GuruFocus' analysis, Flexsteel Industries stock appears to be overvalued. The current stock price of $82.16 is trading 90% above its estimated GF Value™ of $43.25. GuruFocus considers Flexsteel Industries to be Significantly Overvalued.

Key valuation signals for FLXS:

  • Accounts Receivable: $42.7 Mil
  • GF Value™: $43.25 vs. price of $82.16 (90% above fair value)
  • GF Score™: 67/100 with 5 warning signs

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


Flexsteel Industries Business Description

Other Exchanges FX3:Germany
Address 385 Bell Street, Dubuque, IA, USA, 52001-0877
Flexsteel Industries Inc is a United States-based company that manufactures, imports, and markets residential upholstered wooden furniture products. Its product offerings include sofas, loveseats, chairs, rockers, desks, tables, convertible bedding units, and bedroom furniture. The company's products are intended for use in home, office, hotel, healthcare, and other contract applications. A featured component in the company's upholstered furniture is the durable Blue Steel Spring. It operates in the business segment of Furniture products. The company's furniture products business involves the distribution of manufactured and imported products for residential markets.
67GF Score

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

$82.16
Price
$43.25
GF Value