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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Havila Shipping ASA's accounts receivables for the quarter that ended in Jun. 2026 was kr154.2 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Havila Shipping ASA's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 100.60.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Havila Shipping ASA's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was kr-3.09.
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.
Havila Shipping ASA'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), Havila Shipping ASA's accounts receivable are only considered to be worth 75% of book value:
Havila Shipping ASA'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.
Havila Shipping ASA Accounts Receivable Related Terms
Havila Shipping ASA Accounts Receivable Historical Data
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The historical data trend for Havila Shipping 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.
What does a Accounts Receivable of kr154.2 Mil mean?
Havila Shipping ASA (LTS:0LGI) has a Accounts Receivable of kr154.2 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Havila Shipping ASA and its competitors.
Is Havila Shipping ASA's Accounts Receivable too high?
Havila Shipping ASA's current Accounts Receivable is kr154.2 Mil. Overall, Havila Shipping ASA has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Havila Shipping ASA's Accounts Receivable compare to competitors?
Havila Shipping ASA's Accounts Receivable of kr154.2 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 Havila Shipping ASA and its competitors. Havila Shipping ASA's current Accounts Receivable is kr154.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Havila Shipping ASA stock overvalued right now?
Based on GuruFocus' analysis, Havila Shipping ASA (LTS:0LGI) is currently considered Modestly Undervalued. The stock's GF Value™ is kr13.15, compared to a current price of kr10.08 — trading 23.3% below its estimated fair value. The current Accounts Receivable is kr154.2 Mil. Havila Shipping ASA's overall GF Score™ is 46/100 with 3 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 Havila Shipping ASA (LTS:0LGI), the current Accounts Receivable is kr154.2 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 Havila Shipping ASA (LTS:0LGI) Overvalued in 2026?
Based on GuruFocus' analysis, Havila Shipping ASA stock appears to be undervalued.
The current stock price of kr10.08 is trading 23.3% below its estimated GF Value™ of kr13.15.
GuruFocus considers Havila Shipping ASA to be Modestly Undervalued.
Key valuation signals for LTS:0LGI:
Accounts Receivable: kr154.2 Mil
GF Value™: kr13.15 vs. price of kr10.08 (23.3% below fair value)
No single metric tells the full story. See the LTS:0LGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Havila Shipping ASA is a supplier of quality assured supply services to the offshore industry, nationally as well as internationally. Its segment includes Platform Supply Vessel, Rescue recovery Vessel, Subsea operations vessels, and Non-allocated. The group generates revenue mainly from customers located in Norway, the UK, Denmark, Belgium, Iceland, and the Netherlands. The group generates the majority of its revenue from the Platform Supply Vessel segment.
46GF 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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