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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. 2 Cheap Cars Group's accounts receivables for the quarter that ended in Mar. 2026 was NZ$0.45 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
2 Cheap Cars Group's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 1.98.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. 2 Cheap Cars Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was NZ$-0.02.
2 Cheap Cars Group 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.
2 Cheap Cars Group's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), 2 Cheap Cars Group's accounts receivable are only considered to be worth 75% of book value:
2 Cheap Cars Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is calculated as:
* 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.
2 Cheap Cars Group Accounts Receivable Related Terms
2 Cheap Cars Group Accounts Receivable Historical Data
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The historical data trend for 2 Cheap Cars Group'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.
What does a Accounts Receivable of NZ$0.45 Mil mean?
2 Cheap Cars Group (NZSE:2CC) has a Accounts Receivable of NZ$0.45 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on 2 Cheap Cars Group and its competitors.
Is 2 Cheap Cars Group's Accounts Receivable too high?
2 Cheap Cars Group's current Accounts Receivable is NZ$0.45 Mil. Overall, 2 Cheap Cars Group has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does 2 Cheap Cars Group's Accounts Receivable compare to CVNA and PAG?
2 Cheap Cars Group's Accounts Receivable of NZ$0.45 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 2 Cheap Cars Group and its competitors. 2 Cheap Cars Group's current Accounts Receivable is NZ$0.45 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 2 Cheap Cars Group stock overvalued right now?
Based on GuruFocus' analysis, 2 Cheap Cars Group (NZSE:2CC) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$0.71, compared to a current price of NZ$0.81 — trading 14.1% above its estimated fair value. The current Accounts Receivable is NZ$0.45 Mil. 2 Cheap Cars Group's overall GF Score™ is 54/100 with 5 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 2 Cheap Cars Group (NZSE:2CC), the current Accounts Receivable is NZ$0.45 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 2 Cheap Cars Group (NZSE:2CC) Overvalued in 2026?
Based on GuruFocus' analysis, 2 Cheap Cars Group stock appears to be overvalued.
The current stock price of NZ$0.81 is trading 14.1% above its estimated GF Value™ of NZ$0.71.
GuruFocus considers 2 Cheap Cars Group to be Modestly Overvalued.
Key valuation signals for NZSE:2CC:
Accounts Receivable: NZ$0.45 Mil
GF Value™: NZ$0.71 vs. price of NZ$0.81 (14.1% above fair value)
No single metric tells the full story. See the NZSE:2CC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
2 Cheap Cars Group Ltd is an integrated automotive group operating throughout New Zealand via two divisions: Automotive Retail and Finance. The group draws revenue from the two divisions: automotive retail division, revenue is derived from the sale of vehicles and from agent commissions relating to third-party finance and insurance products.
54GF Score
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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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