HOFBF (Hofseth BioCare ASA) Accounts Receivable: $3.17 Mil (As of Jun. 2026)

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HOFBF Hofseth BioCare ASA HOFBF
61 GF Score
Price $0.17
GF Value $0.22
! 5 Warning Signs
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What is Hofseth BioCare ASA Accounts Receivable?

Hofseth BioCare ASA HOFBF 61 Accounts Receivable is $3.17 Mil as of Jun. 2026. GuruFocus rates HOFBF with a GF Score™ of 61/100 and a GF Value™ of $0.22. The stock has 5 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hofseth BioCare ASA's accounts receivables for the quarter that ended in Jun. 2026 was $3.17 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hofseth BioCare ASA's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 42.25.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hofseth BioCare ASA's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was $-0.06.


Hofseth BioCare ASA 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.

Hofseth BioCare ASA's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.174/6.855*91
=42.25

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

Hofseth BioCare ASA'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)
=(11.268+0.75 * 3.174+0.5 * 5.674-47.794
-0--0.072)/506.230
=-0.06

* 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.


Hofseth BioCare ASA Accounts Receivable Related Terms


Hofseth BioCare ASA Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Hofseth BioCare ASA'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.

Hofseth BioCare ASA Accounts Receivable Chart

Hofseth BioCare ASA 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 1.12 1.42 1.41 1.68 2.13

Hofseth BioCare ASA Quarterly Data
Sep21 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 Premium Member Only 2.58 2.22 2.13 2.06 3.17
HOFBF
61GF Score
Hofseth BioCare ASA HOFBF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hofseth BioCare ASA 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 $3.17 Mil mean?
Hofseth BioCare ASA (HOFBF) has a Accounts Receivable of $3.17 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Hofseth BioCare ASA and its competitors.
Is Hofseth BioCare ASA's Accounts Receivable too high?
Hofseth BioCare ASA's current Accounts Receivable is $3.17 Mil. Overall, Hofseth BioCare ASA has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Hofseth BioCare ASA's Accounts Receivable compare to KHC and GIS?
Hofseth BioCare ASA's Accounts Receivable of $3.17 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Accounts Receivable depends on the Consumer Packaged Goods 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 Hofseth BioCare ASA and its competitors. Hofseth BioCare ASA's current Accounts Receivable is $3.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hofseth BioCare ASA stock overvalued right now?
Hofseth BioCare ASA (HOFBF) has a current Accounts Receivable of $3.17 Mil. The stock's GF Value™ is $0.22, compared to a current price of $0.17 — trading 24.3% below its estimated fair value. The current Accounts Receivable is $3.17 Mil. Hofseth BioCare ASA's overall GF Score™ is 61/100 with 5 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 Hofseth BioCare ASA (HOFBF), the current Accounts Receivable is $3.17 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 Hofseth BioCare ASA (HOFBF) Overvalued in 2026?

Based on GuruFocus' analysis, Hofseth BioCare ASA stock appears to be undervalued. The current stock price of $0.17 is trading 24.3% below its estimated GF Value™ of $0.22.

Key valuation signals for HOFBF:

  • Accounts Receivable: $3.17 Mil
  • GF Value™: $0.22 vs. price of $0.17 (24.3% below fair value)
  • GF Score™: 61/100 with 5 warning signs

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


Hofseth BioCare ASA Business Description

Address Keiser Wilhelmsgate 24, Aalesund, NOR, 6003
Hofseth BioCare ASA is a Norway-based company engaged in the business of developing, manufacturing, marketing, and selling marine ingredients such as oil, calcium, and protein products. Its brands, which also generate revenue, include salmon oil (OmeGo), water-soluble protein (ProGo), calcium/collagen (CalGo and NT-II), and non-soluble protein (PetGo), all of which are produced in the Midsund plant. The firm sells its products to various segments of the human nutrition market, such as sports nutrition, supplements, and health foods, as well as to the market within nutrition for the pet and feed industry. Geographically, the company generates maximum revenue from Europe, followed by North America and Asia.
61GF Score

Get the complete analysis for HOFBF

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

$0.17
Price
$0.22
GF Value