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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Heritage Global's accounts receivables for the quarter that ended in Jun. 2026 was €2.18 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Heritage Global's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 18.67.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Heritage Global's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was €-0.02.
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.
Heritage Global's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Heritage Global's accounts receivable are only considered to be worth 75% of book value:
Heritage Global's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2026 is calculated as:
* 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.
Heritage Global Accounts Receivable Related Terms
Heritage Global Accounts Receivable Historical Data
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The historical data trend for Heritage Global'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.
What does a Accounts Receivable of €2.18 Mil mean?
Heritage Global (FRA:LGC) has a Accounts Receivable of €2.18 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Heritage Global and its competitors.
Is Heritage Global's Accounts Receivable too high?
Heritage Global's current Accounts Receivable is €2.18 Mil. Overall, Heritage Global has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Heritage Global's Accounts Receivable compare to MATH and PLUT?
Heritage Global's Accounts Receivable of €2.18 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Accounts Receivable depends on the Capital Markets 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 Heritage Global and its competitors. Heritage Global's current Accounts Receivable is €2.18 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heritage Global stock overvalued right now?
Based on GuruFocus' analysis, Heritage Global (FRA:LGC) is currently considered Possible Value Trap. The stock's GF Value™ is €1.88, compared to a current price of €1.01 — trading 46.3% below its estimated fair value. The current Accounts Receivable is €2.18 Mil. Heritage Global's overall GF Score™ is 78/100 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 Heritage Global (FRA:LGC), the current Accounts Receivable is €2.18 Mil as of Jun. 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 Heritage Global (FRA:LGC) Overvalued in 2026?
Based on GuruFocus' analysis, Heritage Global stock appears to be undervalued.
The current stock price of €1.01 is trading 46.3% below its estimated GF Value™ of €1.88.
GuruFocus considers Heritage Global to be Possible Value Trap.
Key valuation signals for FRA:LGC:
Accounts Receivable: €2.18 Mil
GF Value™: €1.88 vs. price of €1.01 (46.3% below fair value)
No single metric tells the full story. See the FRA:LGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heritage Global Inc values and monetizes industrial and financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. It operates in four segments. The Auction and Liquidation segment, which operates as a full-service auction, appraisal, and asset advisory firm, includes the acquisition of turnkey manufacturing facilities and used industrial machinery and equipment. The Refurbishment & Resale segment acquires, refurbishes, and supplies specialized laboratory equipment. Brokerage segment, through NLEX, brokers charged-off receivables in the U.S. and Canada on behalf of financial institutions. The Specialty Lending segment, which provides specialty financing solutions to investors in charged-off and nonperforming asset portfolios.
78GF Score
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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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