NGVC (Natural Grocers by Vitamin Cottage) Accounts Receivable: $13 Mil (As of Mar. 2026)


NGVC Natural Grocers by Vitamin Cottage Inc NGVC
87 GF Score
Price $32.89
GF Value $27.35
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Natural Grocers by Vitamin Cottage Accounts Receivable?

Natural Grocers by Vitamin Cottage NGVC -0.33% 87 Accounts Receivable is $13 Mil as of Mar. 2026. GuruFocus rates NGVC with a GF Score™ of 87/100 and a GF Value™ of $27.35 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Natural Grocers by Vitamin Cottage's accounts receivables for the quarter that ended in Mar. 2026 was $13 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Natural Grocers by Vitamin Cottage's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 3.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Natural Grocers by Vitamin Cottage's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-15.56.

Natural Grocers by Vitamin Cottage 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.

Natural Grocers by Vitamin Cottage's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13.095/337.376*91
=3.54

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

Natural Grocers by Vitamin Cottage's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(20.723+0.75 * 13.095+0.5 * 129.686-453.806
-0-0)/23.041
=-15.56

* 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.

Natural Grocers by Vitamin Cottage Accounts Receivable Related Terms

Natural Grocers by Vitamin Cottage Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Natural Grocers by Vitamin Cottage'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.

Natural Grocers by Vitamin Cottage Accounts Receivable Chart

Natural Grocers by Vitamin Cottage Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.49 10.50 10.80 12.61 11.97

Natural Grocers by Vitamin Cottage Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 12.45 12.81 11.97 9.95 13.10
NGVC
87GF Score
Natural Grocers by Vitamin Cottage Inc NGVC
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Natural Grocers by Vitamin Cottage 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 $13 Mil mean?
Natural Grocers by Vitamin Cottage (NGVC) has a Accounts Receivable of $13 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Natural Grocers by Vitamin Cottage and its competitors.
Is Natural Grocers by Vitamin Cottage's Accounts Receivable too high?
Natural Grocers by Vitamin Cottage's current Accounts Receivable is $13 Mil. Overall, Natural Grocers by Vitamin Cottage has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Natural Grocers by Vitamin Cottage's Accounts Receivable compare to YSWY and VLGEA?
Natural Grocers by Vitamin Cottage's Accounts Receivable of $13 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Accounts Receivable depends on the Retail - Defensive 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 Natural Grocers by Vitamin Cottage and its competitors. Natural Grocers by Vitamin Cottage's current Accounts Receivable is $13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natural Grocers by Vitamin Cottage stock overvalued right now?
Based on GuruFocus' analysis, Natural Grocers by Vitamin Cottage (NGVC) is currently considered Modestly Overvalued. The stock's GF Value™ is $27.35, compared to a current price of $32.89 — trading 20.3% above its estimated fair value. The current Accounts Receivable is $13 Mil. Natural Grocers by Vitamin Cottage's overall GF Score™ is 87/100 with 2 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 Natural Grocers by Vitamin Cottage (NGVC), the current Accounts Receivable is $13 Mil as of Mar. 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 Natural Grocers by Vitamin Cottage (NGVC) Overvalued in 2026?

Based on GuruFocus' analysis, Natural Grocers by Vitamin Cottage stock appears to be overvalued. The current stock price of $32.89 is trading 20.3% above its estimated GF Value™ of $27.35. GuruFocus considers Natural Grocers by Vitamin Cottage to be Modestly Overvalued.

Key valuation signals for NGVC:

  • Accounts Receivable: $13 Mil
  • GF Value™: $27.35 vs. price of $32.89 (20.3% above fair value)
  • GF Score™: 87/100 with 2 warning signs

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

Natural Grocers by Vitamin Cottage Business Description

Other Exchanges N2V:Germany
Address 12612 West Alameda Parkway, Lakewood, CO, USA, 80228
Natural Grocers by Vitamin Cottage Inc operates natural and organic grocery and dietary supplement stores. It offers the following product categories: natural and organic food, dietary supplements, natural body care, household, pet care products, books, and handouts. The Company has a single reporting segment, natural and organic retail stores, through which business is conducted. The company generates the majority of its revenue from grocery products and dietary supplements, and the rest from other products.
87GF Score

Get the complete analysis for NGVC

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

$32.89
Price
$27.35
GF Value