NESRF (Northern Star Resources) Accounts Receivable: $379 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NESRF Northern Star Resources Ltd NESRF
97 GF Score
Price $14.41
GF Value $14.51
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Northern Star Resources Accounts Receivable?

Northern Star Resources NESRF +3.36% 97 Accounts Receivable is $379 Mil as of Dec. 2025. GuruFocus rates NESRF with a GF Score™ of 97/100 and a GF Value™ of $14.51 (Fairly Valued). The stock has 3 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Northern Star Resources's accounts receivables for the quarter that ended in Dec. 2025 was $379 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Northern Star Resources's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 30.50.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Northern Star Resources's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was $-1.73.


Northern Star Resources 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=379.136/2268.638*91
=30.50

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

Northern Star Resources'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)
=(574.751+0.75 * 379.136+0.5 * 578.671-3626.246
-0-0)/1429.829
=-1.73

* 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.


Northern Star Resources Accounts Receivable Related Terms


Northern Star Resources Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Northern Star Resources'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.

Northern Star Resources Accounts Receivable Chart

Northern Star Resources 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 19.34 40.90 78.12 85.92 147.85

Northern Star Resources 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 175.84 85.92 226.73 147.85 379.14
NESRF
97GF Score
Northern Star Resources Ltd NESRF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Northern Star Resources 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 $379 Mil mean?
Northern Star Resources (NESRF) has a Accounts Receivable of $379 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Northern Star Resources and its competitors.
Is Northern Star Resources' Accounts Receivable too high?
Northern Star Resources' current Accounts Receivable is $379 Mil. Overall, Northern Star Resources has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Northern Star Resources' Accounts Receivable compare to NEM and AU?
Northern Star Resources' Accounts Receivable of $379 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Accounts Receivable depends on the Metals & Mining 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 Northern Star Resources and its competitors. Northern Star Resources's current Accounts Receivable is $379 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Star Resources stock overvalued right now?
Based on GuruFocus' analysis, Northern Star Resources (NESRF) is currently considered Fairly Valued. The stock's GF Value™ is $14.51, compared to a current price of $14.41 — trading 0.7% below its estimated fair value. The current Accounts Receivable is $379 Mil. Northern Star Resources' overall GF Score™ is 97/100 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 Northern Star Resources (NESRF), the current Accounts Receivable is $379 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 Northern Star Resources (NESRF) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Star Resources stock appears to be undervalued. The current stock price of $14.41 is trading 0.7% below its estimated GF Value™ of $14.51. GuruFocus considers Northern Star Resources to be Fairly Valued.

Key valuation signals for NESRF:

  • Accounts Receivable: $379 Mil
  • GF Value™: $14.51 vs. price of $14.41 (0.7% below fair value)
  • GF Score™: 97/100 with 3 warning signs

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


Northern Star Resources Business Description

Other Exchanges NS7:GermanyNST:Australia
Address 500 Hay Street, Level 4, Subiaco, Perth, WA, AUS, 6008
Northern Star is an Australia-based midtier global gold miner that sold around 1.6 million ounces of gold in fiscal 2025 from its three wholly owned mining operations in Australia and Alaska. Its operations are the result of significant merger and acquisition activity including 14 acquisitions and four asset sales since 2010. It had roughly a decade of reserves at the end of fiscal 2025.
97GF Score

Get the complete analysis for NESRF

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

$14.41
Price
$14.51
GF Value