Corticeira Amorim SGPS (FRA:AS4) Accounts Receivable: €198.9 Mil (As of Mar. 2026)

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FRA:AS4 Corticeira Amorim SGPS SA FRA:AS4
64 GF Score
Price €6.81
GF Value €7.49
Valuation Fairly Valued
! 5 Warning Signs
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What is Corticeira Amorim SGPS Accounts Receivable?

Corticeira Amorim SGPS FRA:AS4 +2.41% 64 Accounts Receivable is €198.9 Mil as of Mar. 2026. GuruFocus rates FRA:AS4 with a GF Score™ of 64/100 and a GF Value™ of €7.49 (Fairly Valued). 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. Corticeira Amorim SGPS's accounts receivables for the quarter that ended in Mar. 2026 was €198.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Corticeira Amorim SGPS's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 86.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Corticeira Amorim SGPS's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was €-0.31.


Corticeira Amorim SGPS 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.

Corticeira Amorim SGPS's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=198.934/210.978*91
=86.04

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

Corticeira Amorim SGPS'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)
=(78.405+0.75 * 198.934+0.5 * 355.288-355.666
-0-90.461)/133.000
=-0.31

* 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.


Corticeira Amorim SGPS Accounts Receivable Related Terms


Corticeira Amorim SGPS Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Corticeira Amorim SGPS'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.

Corticeira Amorim SGPS Accounts Receivable Chart

Corticeira Amorim SGPS 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 182.65 207.79 203.08 194.40 175.80

Corticeira Amorim SGPS 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 215.19 227.58 191.34 175.80 198.93
FRA:AS4
64GF Score
Corticeira Amorim SGPS SA FRA:AS4
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Corticeira Amorim SGPS 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 €198.9 Mil mean?
Corticeira Amorim SGPS (FRA:AS4) has a Accounts Receivable of €198.9 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Corticeira Amorim SGPS and its competitors.
Is Corticeira Amorim SGPS's Accounts Receivable too high?
Corticeira Amorim SGPS's current Accounts Receivable is €198.9 Mil. Overall, Corticeira Amorim SGPS has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Corticeira Amorim SGPS's Accounts Receivable compare to SSD and UFPI?
Corticeira Amorim SGPS's Accounts Receivable of €198.9 Mil can be compared against companies in the Forest Products 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 Forest Products company?
A good Accounts Receivable depends on the Forest Products 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 Corticeira Amorim SGPS and its competitors. Corticeira Amorim SGPS's current Accounts Receivable is €198.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corticeira Amorim SGPS stock overvalued right now?
Based on GuruFocus' analysis, Corticeira Amorim SGPS (FRA:AS4) is currently considered Fairly Valued. The stock's GF Value™ is €7.49, compared to a current price of €6.81 — trading 9.1% below its estimated fair value. The current Accounts Receivable is €198.9 Mil. Corticeira Amorim SGPS's overall GF Score™ is 64/100 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 Corticeira Amorim SGPS (FRA:AS4), the current Accounts Receivable is €198.9 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 Corticeira Amorim SGPS (FRA:AS4) Overvalued in 2026?

Based on GuruFocus' analysis, Corticeira Amorim SGPS stock appears to be undervalued. The current stock price of €6.81 is trading 9.1% below its estimated GF Value™ of €7.49. GuruFocus considers Corticeira Amorim SGPS to be Fairly Valued.

Key valuation signals for FRA:AS4:

  • Accounts Receivable: €198.9 Mil
  • GF Value™: €7.49 vs. price of €6.81 (9.1% below fair value)
  • GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the FRA:AS4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Corticeira Amorim SGPS Business Description

Other Exchanges COR:Portugal0O7J:UK
Address Rua Comendador Americo Ferreira Amorim, 380, Mozelos, PRT, 4536-902
Corticeira Amorim SGPS SA is mainly engaged in the acquisition and transformation of cork into a numerous set of cork and cork-related products, which are distributed through its network of sales companies. Its business units are Amorim Florestal, Amorim Cork, and Amorim Cork Solutions. It derives the majority of the revenue from Amorim Cork segment which produces different types of existing cork stoppers. The main markets are the bottling countries, from the traditional ones like France, Italy, Germany, Spain and Portugal, to the new markets like USA, Australia, Chile, South Africa and Argentina. Geographically, its operations are spread across EU, USA, Rest of America, Australasia, Portugal, Africa, and Rest of Europe.
64GF Score

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

€6.81
Price
€7.49
GF Value