MIND (MIND Technology) Accounts Receivable: $15.03 Mil (As of Jul. 2026)

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MIND MIND Technology Inc MIND
44 GF Score
Price $3.87
GF Value $1.34
Valuation Significantly Overvalued
! 4 Warning Signs
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What is MIND Technology Accounts Receivable?

MIND Technology MIND -8.94% 44 Accounts Receivable is $15.03 Mil as of Jul. 2026. GuruFocus rates MIND with a GF Score™ of 44/100 and a GF Value™ of $1.34 (Significantly Overvalued). 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. MIND Technology's accounts receivables for the quarter that ended in Jul. 2026 was $15.03 Mil.

Accounts receivable can be measured by Days Sales Outstanding. MIND Technology's Days Sales Outstanding for the quarter that ended in Jul. 2026 was 244.02.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. MIND Technology's Net-Net Working Capital per share for the quarter that ended in Jul. 2026 was $2.85.


MIND Technology 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.

MIND Technology's Days Sales Outstanding for the quarter that ended in Jul. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=15.034/5.622*91
=244.02

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

MIND Technology's Net-Net Working Capital Per Share for the quarter that ended in Jul. 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)
=(15.758+0.75 * 15.034+0.5 * 10.526-6.357
-0-0)/9.089
=2.85

* 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.


MIND Technology Accounts Receivable Related Terms


MIND Technology Accounts Receivable Historical Data

* Premium members only.

The historical data trend for MIND Technology'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.

MIND Technology Accounts Receivable Chart

MIND Technology Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.13 3.25 6.57 11.82 12.57

MIND Technology Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 10.93 10.61 12.57 16.52 15.03
MIND
44GF Score
MIND Technology Inc MIND
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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MIND Technology 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 $15.03 Mil mean?
MIND Technology (MIND) has a Accounts Receivable of $15.03 Mil as of Jul. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on MIND Technology and its competitors.
Is MIND Technology's Accounts Receivable too high?
MIND Technology's current Accounts Receivable is $15.03 Mil. Overall, MIND Technology has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MIND Technology's Accounts Receivable compare to AATC and ACFN?
MIND Technology's Accounts Receivable of $15.03 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 MIND Technology and its competitors. MIND Technology's current Accounts Receivable is $15.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIND Technology stock overvalued right now?
Based on GuruFocus' analysis, MIND Technology (MIND) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.34, compared to a current price of $3.87 — trading 188.8% above its estimated fair value. The current Accounts Receivable is $15.03 Mil. MIND Technology's overall GF Score™ is 44/100 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 MIND Technology (MIND), the current Accounts Receivable is $15.03 Mil as of Jul. 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 MIND Technology (MIND) Overvalued in 2026?

Based on GuruFocus' analysis, MIND Technology stock appears to be overvalued. The current stock price of $3.87 is trading 188.8% above its estimated GF Value™ of $1.34. GuruFocus considers MIND Technology to be Significantly Overvalued.

Key valuation signals for MIND:

  • Accounts Receivable: $15.03 Mil
  • GF Value™: $1.34 vs. price of $3.87 (188.8% above fair value)
  • GF Score™: 44/100 with 4 warning signs

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


MIND Technology Business Description

Other Exchanges MI70:Germany
Address 2002 Timberloch Place, Suite 550, The Woodlands, TX, USA, 77380
MIND Technology Inc provides technology and solutions for exploration, survey, and defense applications in oceanographic, hydrographic, defense, seismic, and security industries. The company operates in single segment namely, Seamap which provides services and products, including engineering, repairs and software licensing, utilized in marine exploration, marine survey and maritime security for marine survey companies, seismic survey contractors, research institutes, non-military government organizations and operators of port facilities and other offshore installations. The company generates more revenue from Seamap Marine Products. The company's geographical segments include the United States; China, Norway; Turkey; Singapore; and Canada & Other.
44GF Score

Get the complete analysis for MIND

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

$3.87
Price
$1.34
GF Value