FMS (Fresenius Medical Care AG) Accounts Receivable: $4,141 Mil (As of Mar. 2026)

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FMS Fresenius Medical Care AG FMS
76 GF Score
Price $24.39
GF Value $24.08
Valuation Fairly Valued
! 4 Warning Signs
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What is Fresenius Medical Care AG Accounts Receivable?

Fresenius Medical Care AG FMS +0.35% 76 Accounts Receivable is $4,141 Mil as of Mar. 2026. GuruFocus rates FMS with a GF Score™ of 76/100 and a GF Value™ of $24.08 (Fairly Valued). The stock has 4 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fresenius Medical Care AG's accounts receivables for the quarter that ended in Mar. 2026 was $4,141 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Fresenius Medical Care AG's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 70.87.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Fresenius Medical Care AG's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-27.32.


Fresenius Medical Care 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.

Fresenius Medical Care AG's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4141.09/5331.962*91
=70.87

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

Fresenius Medical Care AG'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)
=(1876.695+0.75 * 4141.09+0.5 * 2662.436-19957.104
-0-1113.162)/540.177
=-27.32

* 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.


Fresenius Medical Care AG Accounts Receivable Related Terms


Fresenius Medical Care AG Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Fresenius Medical Care 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.

Fresenius Medical Care AG Accounts Receivable Chart

Fresenius Medical Care AG 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 3,964.71 3,887.82 3,741.47 3,556.19 3,701.76

Fresenius Medical Care AG 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 3,854.09 3,685.85 3,805.14 3,701.76 4,141.09
FMS
76GF Score
Fresenius Medical Care AG FMS
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fresenius Medical Care AG 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 $4,141 Mil mean?
Fresenius Medical Care AG (FMS) has a Accounts Receivable of $4,141 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Fresenius Medical Care AG and its competitors.
Is Fresenius Medical Care AG's Accounts Receivable too high?
Fresenius Medical Care AG's current Accounts Receivable is $4,141 Mil. Overall, Fresenius Medical Care AG has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fresenius Medical Care AG's Accounts Receivable compare to HCA and THC?
Fresenius Medical Care AG's Accounts Receivable of $4,141 Mil can be compared against companies in the Healthcare Providers & 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 Healthcare Providers & Services company?
A good Accounts Receivable depends on the Healthcare Providers & 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 Fresenius Medical Care AG and its competitors. Fresenius Medical Care AG's current Accounts Receivable is $4,141 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fresenius Medical Care AG stock overvalued right now?
Based on GuruFocus' analysis, Fresenius Medical Care AG (FMS) is currently considered Fairly Valued. The stock's GF Value™ is $24.08, compared to a current price of $24.39 — trading 1.3% above its estimated fair value. The current Accounts Receivable is $4,141 Mil. Fresenius Medical Care AG's overall GF Score™ is 76/100 with 4 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 Fresenius Medical Care AG (FMS), the current Accounts Receivable is $4,141 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 Fresenius Medical Care AG (FMS) Overvalued in 2026?

Based on GuruFocus' analysis, Fresenius Medical Care AG stock appears to be overvalued. The current stock price of $24.39 is trading 1.3% above its estimated GF Value™ of $24.08. GuruFocus considers Fresenius Medical Care AG to be Fairly Valued.

Key valuation signals for FMS:

  • Accounts Receivable: $4,141 Mil
  • GF Value™: $24.08 vs. price of $24.39 (1.3% above fair value)
  • GF Score™: 76/100 with 4 warning signs

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


Fresenius Medical Care AG Business Description

Address Else-Kroner-Strasse 1, Bad Homburg, HE, DEU, 61352
Fresenius Medical Care is the largest dialysis company in the world, treating nearly 300,000 patients from about 3,600 clinics worldwide as of December 2025. In addition to providing dialysis services, the firm is a leading supplier of dialysis products, including machines, dialyzers, and concentrates. Fresenius accounts for about 35% of the global dialysis products market, creating the world's only fully integrated dialysis business. Services account for about three-fourths of sales, while the balance is generated from medical technology products that enable dialysis treatments.
76GF Score

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

$24.39
Price
$24.08
GF Value