Nokian Tyres (MIL:1TYRES) Accounts Receivable: €366 Mil (As of Jun. 2026)

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MIL:1TYRES Nokian Tyres PLC MIL:1TYRES
44 GF Score
Price €15.22
GF Value €9.67
Valuation Significantly Overvalued
! 12 Warning Signs
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What is Nokian Tyres Accounts Receivable?

Nokian Tyres MIL:1TYRES 44 Accounts Receivable is €366 Mil as of Jun. 2026. GuruFocus rates MIL:1TYRES with a GF Score™ of 44/100 and a GF Value™ of €9.67 (Significantly Overvalued). The stock has 12 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nokian Tyres's accounts receivables for the quarter that ended in Jun. 2026 was €366 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nokian Tyres's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 87.79.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Nokian Tyres's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was €-4.76.


Nokian Tyres 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.

Nokian Tyres's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=365.5/379.9*91
=87.79

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

Nokian Tyres'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)
=(87.8+0.75 * 365.5+0.5 * 447.4-1242.5
-0-0)/137.928
=-4.76

* 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.


Nokian Tyres Accounts Receivable Related Terms


Nokian Tyres Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Nokian Tyres'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.

Nokian Tyres Accounts Receivable Chart

Nokian Tyres 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 357.40 326.20 224.20 274.00 253.00

Nokian Tyres 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 320.90 488.30 253.00 262.60 365.50
MIL:1TYRES
44GF Score
Nokian Tyres PLC MIL:1TYRES
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nokian Tyres 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 €366 Mil mean?
Nokian Tyres (MIL:1TYRES) has a Accounts Receivable of €366 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Nokian Tyres and its competitors.
Is Nokian Tyres' Accounts Receivable too high?
Nokian Tyres' current Accounts Receivable is €366 Mil. Overall, Nokian Tyres has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nokian Tyres' Accounts Receivable compare to ORLY and AZO?
Nokian Tyres' Accounts Receivable of €366 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Accounts Receivable depends on the Vehicles & Parts 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 Nokian Tyres and its competitors. Nokian Tyres's current Accounts Receivable is €366 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nokian Tyres stock overvalued right now?
Based on GuruFocus' analysis, Nokian Tyres (MIL:1TYRES) is currently considered Significantly Overvalued. The stock's GF Value™ is €9.67, compared to a current price of €15.22 — trading 57.4% above its estimated fair value. The current Accounts Receivable is €366 Mil. Nokian Tyres' overall GF Score™ is 44/100 with 12 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 Nokian Tyres (MIL:1TYRES), the current Accounts Receivable is €366 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 Nokian Tyres (MIL:1TYRES) Overvalued in 2026?

Based on GuruFocus' analysis, Nokian Tyres stock appears to be overvalued. The current stock price of €15.22 is trading 57.4% above its estimated GF Value™ of €9.67. GuruFocus considers Nokian Tyres to be Significantly Overvalued.

Key valuation signals for MIL:1TYRES:

  • Accounts Receivable: €366 Mil
  • GF Value™: €9.67 vs. price of €15.22 (57.4% above fair value)
  • GF Score™: 44/100 with 12 warning signs

No single metric tells the full story. See the MIL:1TYRES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nokian Tyres Business Description

Address Pirkkalaistie 7, P.O. Box 20, Nokia, FIN, 37101
Nokian Tyres PLC develops and manufactures rubber tires under the Nokian Tyres brand name for passenger cars, vans, trucks and heavy machinery. The company sells tires to wholesale distributors and through company-owned retail stores, which are operated under the Vianor brand name. The firm organizes itself into three segments based on product and distribution type: Passenger Car Tyres, Heavy Tyres and Vianor. The Passenger car tyres segment generates the majority of revenue.
44GF Score

Get the complete analysis for MIL:1TYRES

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

€15.22
Price
€9.67
GF Value