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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Horizon Construction Development's accounts receivables for the quarter that ended in Jun. 2026 was $1,053 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Horizon Construction Development's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 323.65.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Horizon Construction Development's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was $-0.82.
Horizon Construction Development 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.
Horizon Construction Development's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Horizon Construction Development's accounts receivable are only considered to be worth 75% of book value:
Horizon Construction Development's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2026 is calculated as:
* 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.
Horizon Construction Development Accounts Receivable Related Terms
Horizon Construction Development Accounts Receivable Historical Data
* 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.
Horizon Construction Development Accounts Receivable Chart
What does a Accounts Receivable of $1,053 Mil mean?
Horizon Construction Development (HRZCF) has a Accounts Receivable of $1,053 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Horizon Construction Development and its competitors.
Is Horizon Construction Development's Accounts Receivable too high?
Horizon Construction Development's current Accounts Receivable is $1,053 Mil. Overall, Horizon Construction Development has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Horizon Construction Development's Accounts Receivable compare to URI and SUNB?
Horizon Construction Development's Accounts Receivable of $1,053 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Accounts Receivable depends on the Business Services 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 Horizon Construction Development and its competitors. Horizon Construction Development's current Accounts Receivable is $1,053 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Construction Development stock overvalued right now?
Horizon Construction Development (HRZCF) has a current Accounts Receivable of $1,053 Mil. The stock's GF Value™ is $2.15, compared to a current price of $1.30 — trading 39.5% below its estimated fair value. The current Accounts Receivable is $1,053 Mil. Horizon Construction Development's overall GF Score™ is 82/100 with 9 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 Horizon Construction Development (HRZCF), the current Accounts Receivable is $1,053 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 Horizon Construction Development (HRZCF) Overvalued in 2026?
Based on GuruFocus' analysis, Horizon Construction Development stock appears to be undervalued.
The current stock price of $1.30 is trading 39.5% below its estimated GF Value™ of $2.15.
Key valuation signals for HRZCF:
Accounts Receivable: $1,053 Mil
GF Value™: $2.15 vs. price of $1.30 (39.5% below fair value)
No single metric tells the full story. See the HRZCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Horizon Construction Development Ltd is an equipment operation service provider. The Group is committed to providing one-stop comprehensive solutions of products and services for domestic and overseas clients in the construction and industrial sectors. The company has three reportable operating segments, Operating lease services, Engineering and technical services, and Asset management and other services. A majority of its revenue is generated from the Operating lease services segment that includes aerial work platform, neo-excavation support system, neo-formwork system and other equipment.
82GF 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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