Global Corn Group (FRA:3GS) Accounts Receivable: €6.41 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Global Corn Group Accounts Receivable?

Global Corn Group FRA:3GS Accounts Receivable is €6.41 Mil as of Dec. 2025. 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. Global Corn Group's accounts receivables for the quarter that ended in Dec. 2025 was €6.41 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Global Corn Group's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 44.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Global Corn Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was €-0.05.

Global Corn Group 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.

Global Corn Group's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.412/26.054*91
=44.91

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

Global Corn Group'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)
=(0.148+0.75 * 6.412+0.5 * 4.242-100.558
-0-0)/1931.375
=-0.05

* 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.

Global Corn Group Accounts Receivable Related Terms

Global Corn Group Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Global Corn Group'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.

Global Corn Group Accounts Receivable Chart

Global Corn Group 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 11.31 5.94 7.98 9.49 6.41

Global Corn Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 7.98 12.54 9.49 8.63 6.41

Global Corn Group 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 €6.41 Mil mean?
Global Corn Group (FRA:3GS) has a Accounts Receivable of €6.41 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Global Corn Group and its competitors.
Is Global Corn Group's Accounts Receivable too high?
Global Corn Group's current Accounts Receivable is €6.41 Mil.
How does Global Corn Group's Accounts Receivable compare to KHC and GIS?
Global Corn Group's Accounts Receivable of €6.41 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Accounts Receivable depends on the Consumer Packaged Goods 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 Global Corn Group and its competitors. Global Corn Group's current Accounts Receivable is €6.41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Corn Group stock overvalued right now?
Global Corn Group (FRA:3GS) has a current Accounts Receivable of €6.41 Mil. The stock's GF Value™ is €0.01, compared to a current price of €0.00 — trading 70% below its estimated fair value. The current Accounts Receivable is €6.41 Mil. 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 Global Corn Group (FRA:3GS), the current Accounts Receivable is €6.41 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.

Global Corn Group Business Description

Other Exchanges 03889:Hong Kong
Address The Metropolis Tower, 10 Metropolis Drive, Unit 1206, 12th Floor, Hung Hom, Kowloon, Hong Kong, HKG
Global Corn Group Ltd and its subsidiaries (collectively referred to as the Group) are principally engaged in the R&D, production and sale of corn refined products and corn sweeteners, categorised into upstream and downstream products. The Group's upstream products include corn starch, gluten meal, corn oil and corn refined products. Corn starch is then refined to produce various corn sweeteners which are classified into two categories: corn syrup (glucose syrup, maltose syrup and high fructose corn syrup) and corn syrup solid (crystallised glucose and maltodextrin).