Norditek Group AB (OSTO:NOTEK) Accounts Receivable: kr10.4 Mil (As of May. 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.

OSTO:NOTEK Norditek Group AB OSTO:NOTEK
52 GF Score
Price kr11.00
GF Value kr15.23
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Norditek Group AB Accounts Receivable?

Norditek Group AB OSTO:NOTEK +4.76% 52 Accounts Receivable is kr10.4 Mil as of May. 2026. GuruFocus rates OSTO:NOTEK with a GF Score™ of 52/100 and a GF Value™ of kr15.23 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Norditek Group AB's accounts receivables for the quarter that ended in May. 2026 was kr10.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Norditek Group AB's Days Sales Outstanding for the quarter that ended in May. 2026 was 36.21.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Norditek Group AB's Net-Net Working Capital per share for the quarter that ended in May. 2026 was kr-1.06.

Norditek Group 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.

Norditek Group AB's Days Sales Outstanding for the quarter that ended in May. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=10.39/26.18*91
=36.21

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

Norditek Group AB's Net-Net Working Capital Per Share for the quarter that ended in May. 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)
=(26.153+0.75 * 10.39+0.5 * 92.518-94.806
-0-0)/13.731
=-1.06

* 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.

Norditek Group AB Accounts Receivable Related Terms

Norditek Group AB Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Norditek Group 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.

Norditek Group AB Accounts Receivable Chart

Norditek Group AB Annual Data
Trend Aug21 Aug22 Aug23 Aug24 Aug25
Accounts Receivable
8.78 9.34 5.85 6.56 18.87

Norditek Group AB Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 32.91 18.87 40.76 28.95 10.39
OSTO:NOTEK
52GF Score
Norditek Group AB OSTO:NOTEK
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norditek Group 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 kr10.4 Mil mean?
Norditek Group AB (OSTO:NOTEK) has a Accounts Receivable of kr10.4 Mil as of May. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Norditek Group AB and its competitors.
Is Norditek Group AB's Accounts Receivable too high?
Norditek Group AB's current Accounts Receivable is kr10.4 Mil. Overall, Norditek Group AB has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Norditek Group AB's Accounts Receivable compare to WM and RSG?
Norditek Group AB's Accounts Receivable of kr10.4 Mil can be compared against companies in the Waste Management 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 Waste Management company?
A good Accounts Receivable depends on the Waste Management 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 Norditek Group AB and its competitors. Norditek Group AB's current Accounts Receivable is kr10.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norditek Group AB stock overvalued right now?
Based on GuruFocus' analysis, Norditek Group AB (OSTO:NOTEK) is currently considered Modestly Undervalued. The stock's GF Value™ is kr15.23, compared to a current price of kr11.00 — trading 27.8% below its estimated fair value. The current Accounts Receivable is kr10.4 Mil. Norditek Group AB's overall GF Score™ is 52/100 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 Norditek Group AB (OSTO:NOTEK), the current Accounts Receivable is kr10.4 Mil as of May. 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 Norditek Group AB (OSTO:NOTEK) Overvalued in 2026?

Based on GuruFocus' analysis, Norditek Group AB stock appears to be undervalued. The current stock price of kr11.00 is trading 27.8% below its estimated GF Value™ of kr15.23. GuruFocus considers Norditek Group AB to be Modestly Undervalued.

Key valuation signals for OSTO:NOTEK:

  • Accounts Receivable: kr10.4 Mil
  • GF Value™: kr15.23 vs. price of kr11.00 (27.8% below fair value)
  • GF Score™: 52/100 with 5 warning signs

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

Norditek Group AB Business Description

Address Stora Avagen 21, Askim, Gothenburg, SWE, 436 34
Norditek Group AB is an environmental technology company with a focus on mobile and flexiblerecycling facilities in the Waste, Gravel & Rock and Biomass segments.
52GF Score

Get the complete analysis for OSTO:NOTEK

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

kr11.00
Price
kr15.23
GF Value