GLBS (Globus Maritime) Accounts Receivable: $3.80 Mil (As of Jun. 2026)

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GLBS Globus Maritime Ltd GLBS
36 GF Score
Price $3.69
GF Value $1.57
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Globus Maritime Accounts Receivable?

Globus Maritime GLBS +0.27% 36 Accounts Receivable is $3.80 Mil as of Jun. 2026. GuruFocus rates GLBS with a GF Score™ of 36/100 and a GF Value™ of $1.57 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Globus Maritime's accounts receivables for the quarter that ended in Jun. 2026 was $3.80 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Globus Maritime's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 23.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Globus Maritime's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was $-3.71.


Globus Maritime 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.802/14.61*91
=23.75

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

Globus Maritime'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)
=(29.321+0.75 * 3.802+0.5 * 1.329-112.955
-0-0)/21.582
=-3.71

* 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.


Globus Maritime Accounts Receivable Related Terms


Globus Maritime Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Globus Maritime'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.

Globus Maritime Accounts Receivable Chart

Globus Maritime 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 1.00 0.11 1.15 1.11 0.65

Globus Maritime Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only 1.98 1.52 1.08 0.65 3.80
GLBS
36GF Score
Globus Maritime Ltd GLBS
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Globus Maritime 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 $3.80 Mil mean?
Globus Maritime (GLBS) has a Accounts Receivable of $3.80 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Globus Maritime and its competitors.
Is Globus Maritime's Accounts Receivable too high?
Globus Maritime's current Accounts Receivable is $3.80 Mil. Overall, Globus Maritime has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Globus Maritime's Accounts Receivable compare to HMR and EDRY?
Globus Maritime's Accounts Receivable of $3.80 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Accounts Receivable depends on the Transportation 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 Globus Maritime and its competitors. Globus Maritime's current Accounts Receivable is $3.80 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globus Maritime stock overvalued right now?
Based on GuruFocus' analysis, Globus Maritime (GLBS) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.57, compared to a current price of $3.69 — trading 135% above its estimated fair value. The current Accounts Receivable is $3.80 Mil. Globus Maritime's overall GF Score™ is 36/100 with 6 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 Globus Maritime (GLBS), the current Accounts Receivable is $3.80 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 Globus Maritime (GLBS) Overvalued in 2026?

Based on GuruFocus' analysis, Globus Maritime stock appears to be overvalued. The current stock price of $3.69 is trading 135% above its estimated GF Value™ of $1.57. GuruFocus considers Globus Maritime to be Significantly Overvalued.

Key valuation signals for GLBS:

  • Accounts Receivable: $3.80 Mil
  • GF Value™: $1.57 vs. price of $3.69 (135% above fair value)
  • GF Score™: 36/100 with 6 warning signs

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


Globus Maritime Business Description

Other Exchanges 0G93:Germany
Address 128 Vouliagmenis Avenue, 3rd Floor, Glyfada, Attica, Athens, GRC, 16674
Globus Maritime Ltd is a dry bulk shipping company that provides marine transportation services internationally. The company owns, operates, and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargo. Its operations are managed by its subsidiary which also provides in-house commercial and technical management for its vessels and also offers consulting services for an affiliated ship management company. It generates maximum revenues by charging customers for the use of vessels to transport dry bulk commodities.
36GF Score

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

$3.69
Price
$1.57
GF Value