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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tan Delta Systems's accounts receivables for the quarter that ended in Dec. 2025 was £0.27 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Tan Delta Systems's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 69.75.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tan Delta Systems's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was £0.02.
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.
Tan Delta Systems's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Tan Delta Systems's accounts receivable are only considered to be worth 75% of book value:
Tan Delta Systems's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2025 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.
Tan Delta Systems Accounts Receivable Related Terms
Tan Delta Systems Accounts Receivable Historical Data
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The historical data trend for Tan Delta Systems'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.
What does a Accounts Receivable of £0.27 Mil mean?
Tan Delta Systems (LSE:TAND) has a Accounts Receivable of £0.27 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Tan Delta Systems and its competitors.
Is Tan Delta Systems' Accounts Receivable too high?
Tan Delta Systems' current Accounts Receivable is £0.27 Mil. Overall, Tan Delta Systems has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tan Delta Systems' Accounts Receivable compare to SLB and BKR?
Tan Delta Systems' Accounts Receivable of £0.27 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Accounts Receivable depends on the Oil & Gas 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 Tan Delta Systems and its competitors. Tan Delta Systems's current Accounts Receivable is £0.27 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tan Delta Systems stock overvalued right now?
Based on GuruFocus' analysis, Tan Delta Systems (LSE:TAND) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.18, compared to a current price of £0.29 — trading 61.1% above its estimated fair value. The current Accounts Receivable is £0.27 Mil. Tan Delta Systems' overall GF Score™ is 33/100 with 4 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 Tan Delta Systems (LSE:TAND), the current Accounts Receivable is £0.27 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.
Is Tan Delta Systems (LSE:TAND) Overvalued in 2026?
Based on GuruFocus' analysis, Tan Delta Systems stock appears to be overvalued.
The current stock price of £0.29 is trading 61.1% above its estimated GF Value™ of £0.18.
GuruFocus considers Tan Delta Systems to be Significantly Overvalued.
Key valuation signals for LSE:TAND:
Accounts Receivable: £0.27 Mil
GF Value™: £0.18 vs. price of £0.29 (61.1% above fair value)
No single metric tells the full story. See the LSE:TAND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tan Delta Systems PLC develops real-time oil analysis and analytic technologies and products with capabilities that enable equipment operators to significantly reduce operating costs, improve efficiency, and reduce carbon footprint. It develops all its core technologies and products in-house, with manufacturing undertaken by its carefully selected manufacturing partners with whom its dedicated production QA department works. Its products include Sensors, Kits, Display solutions, Gateways & modems, and Accessories & services. Geographically, its solutions are in use across the UK, Europe, North and South America, Asia, and the Middle East.
33GF Score
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