Casey's General Stores (FRA:CS2) Accounts Receivable: €208 Mil (As of Apr. 2026)

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FRA:CS2 Casey's General Stores Inc FRA:CS2
78 GF Score
Price €742.40
GF Value €402.40
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Casey's General Stores Accounts Receivable?

Casey's General Stores FRA:CS2 -2.29% 78 Accounts Receivable is €208 Mil as of Apr. 2026. GuruFocus rates FRA:CS2 with a GF Score™ of 78/100 and a GF Value™ of €402.40 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Casey's General Stores's accounts receivables for the quarter that ended in Apr. 2026 was €208 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Casey's General Stores's Days Sales Outstanding for the quarter that ended in Apr. 2026 was 4.86.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Casey's General Stores's Net-Net Working Capital per share for the quarter that ended in Apr. 2026 was €-92.68.


Casey's General Stores 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.

Casey's General Stores's Days Sales Outstanding for the quarter that ended in Apr. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=208.194/3908.871*91
=4.86

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

Casey's General Stores's Net-Net Working Capital Per Share for the quarter that ended in Apr. 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)
=(447.157+0.75 * 208.194+0.5 * 476.364-4261.607
-0-0)/36.904
=-92.68

* 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.


Casey's General Stores Accounts Receivable Related Terms


Casey's General Stores Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Casey's General Stores'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.

Casey's General Stores Accounts Receivable Chart

Casey's General Stores Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.03 109.94 141.47 160.86 208.19

Casey's General Stores Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 160.86 167.53 165.36 158.93 208.19
FRA:CS2
78GF Score
Casey's General Stores Inc FRA:CS2
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Casey's General Stores 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 €208 Mil mean?
Casey's General Stores (FRA:CS2) has a Accounts Receivable of €208 Mil as of Apr. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Casey's General Stores and its competitors.
Is Casey's General Stores' Accounts Receivable too high?
Casey's General Stores' current Accounts Receivable is €208 Mil. Overall, Casey's General Stores has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Casey's General Stores' Accounts Receivable compare to WSM and DKS?
Casey's General Stores' Accounts Receivable of €208 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Accounts Receivable depends on the Retail - Cyclical 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 Casey's General Stores and its competitors. Casey's General Stores's current Accounts Receivable is €208 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Casey's General Stores stock overvalued right now?
Based on GuruFocus' analysis, Casey's General Stores (FRA:CS2) is currently considered Significantly Overvalued. The stock's GF Value™ is €402.40, compared to a current price of €742.40 — trading 84.5% above its estimated fair value. The current Accounts Receivable is €208 Mil. Casey's General Stores' overall GF Score™ is 78/100 with 6 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 Casey's General Stores (FRA:CS2), the current Accounts Receivable is €208 Mil as of Apr. 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 Casey's General Stores (FRA:CS2) Overvalued in 2026?

Based on GuruFocus' analysis, Casey's General Stores stock appears to be overvalued. The current stock price of €742.40 is trading 84.5% above its estimated GF Value™ of €402.40. GuruFocus considers Casey's General Stores to be Significantly Overvalued.

Key valuation signals for FRA:CS2:

  • Accounts Receivable: €208 Mil
  • GF Value™: €402.40 vs. price of €742.40 (84.5% above fair value)
  • GF Score™: 78/100 with 6 warning signs

No single metric tells the full story. See the FRA:CS2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Casey's General Stores Business Description

Address One Se Convenience Boulevard, Ankeny, IA, USA, 50021
Casey's General Stores Inc serves as convenience store chain with its 2,900 locations, positioned in the Midwest United States. About half of Casey's stores are located in rural towns with populations under 5,000. While fueling stations serve as a key traffic driver, about two-thirds of the company's gross profit stems from in-store sales of grocery items, prepared meals, and general merchandise. Casey's owns more than 90% of its stores and operates the majority of its warehousing and distribution processes internally.
78GF Score

Get the complete analysis for FRA:CS2

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

€742.40
Price
€402.40
GF Value