FTRE (Fortrea Holdings) Accounts Receivable: $654 Mil (As of Jun. 2026)

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FTRE Fortrea Holdings Inc FTRE
63 GF Score
Price $18.18
GF Value $17.03
Valuation Fairly Valued
! 8 Warning Signs
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What is Fortrea Holdings Accounts Receivable?

Fortrea Holdings FTRE +2.65% 63 Accounts Receivable is $654 Mil as of Jun. 2026. GuruFocus rates FTRE with a GF Score™ of 63/100 and a GF Value™ of $17.03 (Fairly Valued). The stock has 8 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fortrea Holdings's accounts receivables for the quarter that ended in Jun. 2026 was $654 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Fortrea Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 88.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Fortrea Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was $-16.10.


Fortrea Holdings 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=654.4/678.2*91
=88.05

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

Fortrea Holdings'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)
=(168.6+0.75 * 654.4+0.5 * 0-2190.7
-0-0)/95.100
=-16.10

* 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.


Fortrea Holdings Accounts Receivable Related Terms


Fortrea Holdings Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Fortrea Holdings'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.

Fortrea Holdings Accounts Receivable Chart

Fortrea Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial 422.50 449.20 420.20 156.50 113.60

Fortrea Holdings Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 244.50 163.40 113.60 619.60 654.40
FTRE
63GF Score
Fortrea Holdings Inc FTRE
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortrea Holdings 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 $654 Mil mean?
Fortrea Holdings (FTRE) has a Accounts Receivable of $654 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Fortrea Holdings and its competitors.
Is Fortrea Holdings' Accounts Receivable too high?
Fortrea Holdings' current Accounts Receivable is $654 Mil. Overall, Fortrea Holdings has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fortrea Holdings' Accounts Receivable compare to DMRA and RXRX?
Fortrea Holdings' Accounts Receivable of $654 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Accounts Receivable depends on the Biotechnology 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 Fortrea Holdings and its competitors. Fortrea Holdings's current Accounts Receivable is $654 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortrea Holdings stock overvalued right now?
Based on GuruFocus' analysis, Fortrea Holdings (FTRE) is currently considered Fairly Valued. The stock's GF Value™ is $17.03, compared to a current price of $18.18 — trading 6.8% above its estimated fair value. The current Accounts Receivable is $654 Mil. Fortrea Holdings' overall GF Score™ is 63/100 with 8 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 Fortrea Holdings (FTRE), the current Accounts Receivable is $654 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 Fortrea Holdings (FTRE) Overvalued in 2026?

Based on GuruFocus' analysis, Fortrea Holdings stock appears to be overvalued. The current stock price of $18.18 is trading 6.8% above its estimated GF Value™ of $17.03. GuruFocus considers Fortrea Holdings to be Fairly Valued.

Key valuation signals for FTRE:

  • Accounts Receivable: $654 Mil
  • GF Value™: $17.03 vs. price of $18.18 (6.8% above fair value)
  • GF Score™: 63/100 with 8 warning signs

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


Fortrea Holdings Business Description

Other Exchanges K67:Germany
Address 8 Moore Drive, Durham, NC, USA, 27713
Fortrea is a global, late-stage contract research organization that provides comprehensive phase 1 through phase 4 clinical trial management, clinical pharmacology, and patient access solutions. The company works with emerging and large biopharma, medical device, and diagnostic companies to run their clinical trials as a functional-service provider, full-service provider, and offers hybrid trials. In 2023, Fortrea was formed as an independent, publicly traded company after Labcorp spun off its clinical development business, which it acquired via its purchase of Covance in 2015 for $6.1 billion.
63GF Score

Get the complete analysis for FTRE

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

$18.18
Price
$17.03
GF Value