PipeHawk (LSE:PIP) Accounts Receivable: £0.76 Mil (As of Dec. 2025)

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What is PipeHawk Accounts Receivable?

PipeHawk LSE:PIP Accounts Receivable is £0.76 Mil as of Dec. 2025. The stock has 4 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PipeHawk's accounts receivables for the quarter that ended in Dec. 2025 was £0.76 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PipeHawk's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 121.08.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PipeHawk's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was £-0.22.

PipeHawk 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.

PipeHawk's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.759/1.144*91
=121.08

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

PipeHawk's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2025 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)
=(0.017+0.75 * 0.759+0.5 * 0.152-8.609
-0-0)/36.313
=-0.22

* 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.

PipeHawk Accounts Receivable Related Terms

PipeHawk Accounts Receivable Historical Data

* Premium members only.

The historical data trend for PipeHawk'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.

PipeHawk Accounts Receivable Chart

PipeHawk Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 1.26 1.26 0.50 0.40

PipeHawk Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.98 0.50 0.84 0.40 0.76

PipeHawk 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 £0.76 Mil mean?
PipeHawk (LSE:PIP) has a Accounts Receivable of £0.76 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on PipeHawk and its competitors.
Is PipeHawk's Accounts Receivable too high?
PipeHawk's current Accounts Receivable is £0.76 Mil.
How does PipeHawk's Accounts Receivable compare to COHR and KEYS?
PipeHawk's Accounts Receivable of £0.76 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Accounts Receivable depends on the Hardware 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 PipeHawk and its competitors. PipeHawk's current Accounts Receivable is £0.76 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PipeHawk stock overvalued right now?
Based on GuruFocus' analysis, PipeHawk (LSE:PIP) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.01, compared to a current price of £0.02 — trading 115% above its estimated fair value. The current Accounts Receivable is £0.76 Mil. 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 PipeHawk (LSE:PIP), the current Accounts Receivable is £0.76 Mil as of Dec. 2025. 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.

PipeHawk Business Description

Address Wyndham Street, 4 Manor Park Industrial Estate, Aldershot, Hampshire, GBR, GU12 4NZ
PipeHawk PLC is engaged in the development, assembly, and sale of test systems and rail industry solutions and ground probing radar (GPR) equipment, the provision of GPR-based services, and the undertaking of complementary research and development assignments. Its subsidiaries include Adien Limited, which provides utility detection and mapping services (sale of services); Utsi Electronics Limited, which focuses on the development, assembly, and sale of GPR equipment (sale of goods); Thomson Engineering Design Limited, which offers rail trackside solutions and is included in the test system solutions segment (sale of services); and Wessex Precision Instruments Limited, which is non-trading. It operates in United Kingdom, which generates key revenue, as well as Europe and other regions.