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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Harbor Star Shipping Services's accounts receivables for the quarter that ended in Mar. 2026 was ₱1,208 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Harbor Star Shipping Services's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 180.50.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Harbor Star Shipping Services's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ₱-4.00.
Harbor Star Shipping Services 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.
Harbor Star Shipping Services'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), Harbor Star Shipping Services's accounts receivable are only considered to be worth 75% of book value:
Harbor Star Shipping Services'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.
Harbor Star Shipping Services Accounts Receivable Related Terms
Harbor Star Shipping Services Accounts Receivable Historical Data
* 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.
Harbor Star Shipping Services Accounts Receivable Chart
What does a Accounts Receivable of ₱1,208 Mil mean?
Harbor Star Shipping Services (PHS:TUGS) has a Accounts Receivable of ₱1,208 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Harbor Star Shipping Services and its competitors.
Is Harbor Star Shipping Services' Accounts Receivable too high?
Harbor Star Shipping Services' current Accounts Receivable is ₱1,208 Mil. Overall, Harbor Star Shipping Services has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harbor Star Shipping Services' Accounts Receivable compare to competitors?
Harbor Star Shipping Services' Accounts Receivable of ₱1,208 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Accounts Receivable depends on the Transportation 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 Harbor Star Shipping Services and its competitors. Harbor Star Shipping Services's current Accounts Receivable is ₱1,208 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbor Star Shipping Services stock overvalued right now?
Based on GuruFocus' analysis, Harbor Star Shipping Services (PHS:TUGS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱0.61, compared to a current price of ₱1.09 — trading 78.7% above its estimated fair value. The current Accounts Receivable is ₱1,208 Mil. Harbor Star Shipping Services' overall GF Score™ is 56/100 with 10 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 Harbor Star Shipping Services (PHS:TUGS), the current Accounts Receivable is ₱1,208 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 Harbor Star Shipping Services (PHS:TUGS) Overvalued in 2026?
Based on GuruFocus' analysis, Harbor Star Shipping Services stock appears to be overvalued.
The current stock price of ₱1.09 is trading 78.7% above its estimated GF Value™ of ₱0.61.
GuruFocus considers Harbor Star Shipping Services to be Significantly Overvalued.
Key valuation signals for PHS:TUGS:
Accounts Receivable: ₱1,208 Mil
GF Value™: ₱0.61 vs. price of ₱1.09 (78.7% above fair value)
No single metric tells the full story. See the PHS:TUGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harbor Star Shipping Services Inc is an integrated maritime service provider. The service lines include harbor assistance, lighterage, towing, ship salvage, marine construction, repair, and maintenance works, wreck removal, firefighting, oil spill abatement and recovery, handling hazardous chemicals, ship and crew management, diving, and underwater marine works. Other marine services include oil and chemical spill response, diving and underwater work, and ship and crew management. The company operates in two segments: Harbor assistance and Renewable energy. It generates maximum revenue from the Harbor assistance segment.
56GF 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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