Shoulder Innovations (FRA:VB3) Accounts Receivable: €9.44 Mil (As of Jun. 2026)

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FRA:VB3 Shoulder Innovations Inc FRA:VB3
18 GF Score
Price €16.80
! 3 Warning Signs
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What is Shoulder Innovations Accounts Receivable?

Shoulder Innovations FRA:VB3 -5.08% 18 Accounts Receivable is €9.44 Mil as of Jun. 2026. GuruFocus rates FRA:VB3 with a GF Score™ of 18/100. The stock has 3 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Shoulder Innovations's accounts receivables for the quarter that ended in Jun. 2026 was €9.44 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Shoulder Innovations's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 57.77.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Shoulder Innovations's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was €3.79.


Shoulder Innovations 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.

Shoulder Innovations's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9.438/14.908*91
=57.77

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

Shoulder Innovations's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(85.926+0.75 * 9.438+0.5 * 19.895-24.025
-0-0)/20.822
=3.79

* 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.


Shoulder Innovations Accounts Receivable Related Terms


Shoulder Innovations Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Shoulder Innovations'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.

Shoulder Innovations Accounts Receivable Chart

Shoulder Innovations Annual Data
Trend Dec23 Dec24 Dec25
Accounts Receivable
4.30 4.89 7.06

Shoulder Innovations Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 5.97 6.03 7.06 9.12 9.44
FRA:VB3
18GF Score
Shoulder Innovations Inc FRA:VB3
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shoulder Innovations 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 €9.44 Mil mean?
Shoulder Innovations (FRA:VB3) has a Accounts Receivable of €9.44 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Shoulder Innovations and its competitors.
Is Shoulder Innovations' Accounts Receivable too high?
Shoulder Innovations' current Accounts Receivable is €9.44 Mil. Overall, Shoulder Innovations has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Shoulder Innovations' Accounts Receivable compare to CLPT and PACB?
Shoulder Innovations' Accounts Receivable of €9.44 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Accounts Receivable depends on the Medical Devices & Instruments 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 Shoulder Innovations and its competitors. Shoulder Innovations's current Accounts Receivable is €9.44 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoulder Innovations stock overvalued right now?
Shoulder Innovations (FRA:VB3) has a current Accounts Receivable of €9.44 Mil. The current Accounts Receivable is €9.44 Mil. Shoulder Innovations' overall GF Score™ is 18/100 with 3 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 Shoulder Innovations (FRA:VB3), the current Accounts Receivable is €9.44 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.

Shoulder Innovations Business Description

Other Exchanges SI:USA
Address 1535 Steele Avenue SW, Suite B, Grand Rapids, MI, USA, 49507
Shoulder Innovations Inc is a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market. It currently offers advanced implant systems for shoulder arthroplasty. Its products include: InSet Total Shoulder Arthroplasty; InSet Reverse Shoulder Arthroplasty; ProVoyance Shoulder Planning Software; and InSet Tray System. Geographically, the company operates in United States and are planning to expand.
18GF 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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