Seamless Distribution Systems AB (NGM:SDS) Accounts Receivable: kr40.7 Mil (As of Jun. 2026)

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.

NGM:SDS Seamless Distribution Systems AB NGM:SDS
25 GF Score
Price kr7.00
GF Value kr3.36
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Seamless Distribution Systems AB Accounts Receivable?

Seamless Distribution Systems AB NGM:SDS 25 Accounts Receivable is kr40.7 Mil as of Jun. 2026. GuruFocus rates NGM:SDS with a GF Score™ of 25/100 and a GF Value™ of kr3.36 (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. Seamless Distribution Systems AB's accounts receivables for the quarter that ended in Jun. 2026 was kr40.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Seamless Distribution Systems AB's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 88.59.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Seamless Distribution Systems AB's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was kr-12.60.


Seamless Distribution Systems AB 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.

Seamless Distribution Systems AB's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=40.733/41.957*91
=88.59

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

Seamless Distribution Systems AB'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)
=(11.518+0.75 * 40.733+0.5 * 1.286-347.008
-0-0)/24.160
=-12.60

* 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.


Seamless Distribution Systems AB Accounts Receivable Related Terms


Seamless Distribution Systems AB Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Seamless Distribution Systems AB'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.

Seamless Distribution Systems AB Accounts Receivable Chart

Seamless Distribution Systems AB 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 58.58 64.06 64.36 66.86 34.58

Seamless Distribution Systems AB 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 41.48 57.51 34.58 45.00 40.73
NGM:SDS
25GF Score
Seamless Distribution Systems AB NGM:SDS
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seamless Distribution Systems AB 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 kr40.7 Mil mean?
Seamless Distribution Systems AB (NGM:SDS) has a Accounts Receivable of kr40.7 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Seamless Distribution Systems AB and its competitors.
Is Seamless Distribution Systems AB's Accounts Receivable too high?
Seamless Distribution Systems AB's current Accounts Receivable is kr40.7 Mil. Overall, Seamless Distribution Systems AB has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seamless Distribution Systems AB's Accounts Receivable compare to MSFT and PLTR?
Seamless Distribution Systems AB's Accounts Receivable of kr40.7 Mil can be compared against companies in the Software 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 Software company?
A good Accounts Receivable depends on the Software 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 Seamless Distribution Systems AB and its competitors. Seamless Distribution Systems AB's current Accounts Receivable is kr40.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seamless Distribution Systems AB stock overvalued right now?
Based on GuruFocus' analysis, Seamless Distribution Systems AB (NGM:SDS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr3.36, compared to a current price of kr7.00 — trading 108.3% above its estimated fair value. The current Accounts Receivable is kr40.7 Mil. Seamless Distribution Systems AB's overall GF Score™ is 25/100 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 Seamless Distribution Systems AB (NGM:SDS), the current Accounts Receivable is kr40.7 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 Seamless Distribution Systems AB (NGM:SDS) Overvalued in 2026?

Based on GuruFocus' analysis, Seamless Distribution Systems AB stock appears to be overvalued. The current stock price of kr7.00 is trading 108.3% above its estimated GF Value™ of kr3.36. GuruFocus considers Seamless Distribution Systems AB to be Significantly Overvalued.

Key valuation signals for NGM:SDS:

  • Accounts Receivable: kr40.7 Mil
  • GF Value™: kr3.36 vs. price of kr7.00 (108.3% above fair value)
  • GF Score™: 25/100 with 4 warning signs

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


Seamless Distribution Systems AB Business Description

Address Vasagatan 7, Stockholm, SWE, 111 20
Seamless Distribution Systems AB is a mobile payments company that provides electronic top-up systems and mobile payment services for mobile operators, distributors, retailers, and consumers.
25GF Score

Get the complete analysis for NGM:SDS

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

kr7.00
Price
kr3.36
GF Value