Ninety One (FRA:L91) Accounts Receivable: € Mil (As of Mar. 2026)

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FRA:L91 Ninety One Ltd FRA:L91
74 GF Score
Price €2.24
GF Value €2.06
! 7 Warning Signs
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What is Ninety One Accounts Receivable?

Ninety One FRA:L91 +0.90% 74 Accounts Receivable is € Mil as of Mar. 2026. GuruFocus rates FRA:L91 with a GF Score™ of 74/100 and a GF Value™ of €2.06. The stock has 7 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ninety One's accounts receivables for the quarter that ended in Mar. 2026 was € Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ninety One's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ninety One's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was €-16.20.


Ninety One 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.

Ninety One's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=/475.44572705246*91
=0.00

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

Ninety One'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)
=(528.76184690158+0.75 * +0.5 * 0-16223.374848117
-0-0.22890123242493)/969.033149
=-16.20

* 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.


Ninety One Accounts Receivable Related Terms


Ninety One Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Ninety One'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.

Ninety One Accounts Receivable Chart

Ninety One Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Accounts Receivable
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Ninety One Semi-Annual Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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FRA:L91
74GF Score
Ninety One Ltd FRA:L91
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ninety One 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 € Mil mean?
Ninety One (FRA:L91) has a Accounts Receivable of € Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Ninety One and its competitors.
Is Ninety One's Accounts Receivable too high?
Ninety One's current Accounts Receivable is € Mil. Overall, Ninety One has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Ninety One's Accounts Receivable compare to BLK and BX?
Ninety One's Accounts Receivable of € Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Accounts Receivable depends on the Asset Management 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 Ninety One and its competitors. Ninety One's current Accounts Receivable is € Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ninety One stock overvalued right now?
Ninety One (FRA:L91) has a current Accounts Receivable of € Mil. The stock's GF Value™ is €2.06, compared to a current price of €2.24 — trading 8.7% above its estimated fair value. The current Accounts Receivable is € Mil. Ninety One's overall GF Score™ is 74/100 with 7 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 Ninety One (FRA:L91), the current Accounts Receivable is € 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 Ninety One (FRA:L91) Overvalued in 2026?

Based on GuruFocus' analysis, Ninety One stock appears to be overvalued. The current stock price of €2.24 is trading 8.7% above its estimated GF Value™ of €2.06.

Key valuation signals for FRA:L91:

  • Accounts Receivable: € Mil
  • GF Value™: €2.06 vs. price of €2.24 (8.7% above fair value)
  • GF Score™: 74/100 with 7 warning signs

No single metric tells the full story. See the FRA:L91 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ninety One Business Description

Other Exchanges NY1:South Africa
Address 36 Hans Strijdom Avenue, Foreshore, Cape Town, WC, ZAF, 8001
Ninety One Ltd is an asset manager. The company provides a range of differentiated strategies managed by its specialist investment teams, providing access to a diverse range of asset classes and regions. It serves its client base via five regional teams namely Africa, the United Kingdom, Asia Pacific, the Americas and Europe and across two distribution channels Institutional and Advisor. Institutional clients include private and public sector pension funds, sovereign wealth funds, insurers, corporates, foundations and central banks, while Advisor clients include large retail groups, wealth managers, private banks and intermediaries serving individual investors.
74GF Score

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

€2.24
Price
€2.06
GF Value