Rapala VMC (FRA:RAP) Accounts Receivable: €23.1 Mil (As of Dec. 2025)

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FRA:RAP Rapala VMC Corp FRA:RAP
62 GF Score
Price €1.59
GF Value €2.36
! 7 Warning Signs
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What is Rapala VMC Accounts Receivable?

Rapala VMC FRA:RAP +27.71% 62 Accounts Receivable is €23.1 Mil as of Dec. 2025. GuruFocus rates FRA:RAP with a GF Score™ of 62/100 and a GF Value™ of €2.36. 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. Rapala VMC's accounts receivables for the quarter that ended in Dec. 2025 was €23.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Rapala VMC's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 41.33.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Rapala VMC's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was €-1.65.


Rapala VMC 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.

Rapala VMC's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=23.1/102*91
=41.33

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

Rapala VMC'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)
=(18.3+0.75 * 23.1+0.5 * 84.4-140.6
-0-0)/38.130
=-1.65

* 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.


Rapala VMC Accounts Receivable Related Terms


Rapala VMC Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Rapala VMC'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.

Rapala VMC Accounts Receivable Chart

Rapala VMC 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 48.00 37.20 25.50 24.40 23.10

Rapala VMC 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 25.50 0.00 24.40 0.00 23.10
FRA:RAP
62GF Score
Rapala VMC Corp FRA:RAP
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Rapala VMC 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 €23.1 Mil mean?
Rapala VMC (FRA:RAP) has a Accounts Receivable of €23.1 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Rapala VMC and its competitors.
Is Rapala VMC's Accounts Receivable too high?
Rapala VMC's current Accounts Receivable is €23.1 Mil. Overall, Rapala VMC has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Rapala VMC's Accounts Receivable compare to AS and HAS?
Rapala VMC's Accounts Receivable of €23.1 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Accounts Receivable depends on the Travel & Leisure 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 Rapala VMC and its competitors. Rapala VMC's current Accounts Receivable is €23.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rapala VMC stock overvalued right now?
Rapala VMC (FRA:RAP) has a current Accounts Receivable of €23.1 Mil. The stock's GF Value™ is €2.36, compared to a current price of €1.59 — trading 32.6% below its estimated fair value. The current Accounts Receivable is €23.1 Mil. Rapala VMC's overall GF Score™ is 62/100 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 Rapala VMC (FRA:RAP), the current Accounts Receivable is €23.1 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.

Is Rapala VMC (FRA:RAP) Overvalued in 2026?

Based on GuruFocus' analysis, Rapala VMC stock appears to be undervalued. The current stock price of €1.59 is trading 32.6% below its estimated GF Value™ of €2.36.

Key valuation signals for FRA:RAP:

  • Accounts Receivable: €23.1 Mil
  • GF Value™: €2.36 vs. price of €1.59 (32.6% below fair value)
  • GF Score™: 62/100 with 7 warning signs

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


Rapala VMC Business Description

Address Makelankatu 87, Helsinki, FIN, 00610
Rapala VMC Corp is a fishing tackle company. It is engaged in the business of manufacturing, sourcing, and distributing mainly fishing tackle equipment, as well as hunting, outdoor, and winter sports equipment. The company's products include fishing lures, treble hooks, fishing-related knives and hooks, etc. The firm markets and sells its products under the Sufix, Mora Ice, Peltonen, Williamson, VMC, Storm, Blue Fox, Rapala, and other brands. Geographically, the company generates maximum revenue from North America, followed by the Nordic regions, Rest of Europe, and the Rest of the World.
62GF Score

Get the complete analysis for FRA:RAP

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

€1.59
Price
€2.36
GF Value