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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Spectra Systems's accounts receivables for the quarter that ended in Dec. 2025 was $2.91 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Spectra Systems's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 18.09.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Spectra Systems's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was $-0.01.
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.
Spectra Systems's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Spectra Systems's accounts receivable are only considered to be worth 75% of book value:
Spectra Systems's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2025 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.
Spectra Systems Accounts Receivable Related Terms
Spectra Systems Accounts Receivable Historical Data
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The historical data trend for Spectra Systems'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 $2.91 Mil mean?
Spectra Systems (SCTQ) has a Accounts Receivable of $2.91 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Spectra Systems and its competitors.
Is Spectra Systems' Accounts Receivable too high?
Spectra Systems' current Accounts Receivable is $2.91 Mil. Overall, Spectra Systems has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Spectra Systems' Accounts Receivable compare to CRM and SHOP?
Spectra Systems' Accounts Receivable of $2.91 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 Spectra Systems and its competitors. Spectra Systems's current Accounts Receivable is $2.91 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectra Systems stock overvalued right now?
Based on GuruFocus' analysis, Spectra Systems (SCTQ) is currently considered Possible Value Trap. The stock's GF Value™ is $4.56, compared to a current price of $2.24 — trading 50.9% below its estimated fair value. The current Accounts Receivable is $2.91 Mil. Spectra Systems' overall GF Score™ is 78/100 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 Spectra Systems (SCTQ), the current Accounts Receivable is $2.91 Mil as of Dec. 2025. 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 Spectra Systems (SCTQ) Overvalued in 2026?
Based on GuruFocus' analysis, Spectra Systems stock appears to be undervalued.
The current stock price of $2.24 is trading 50.9% below its estimated GF Value™ of $4.56.
GuruFocus considers Spectra Systems to be Possible Value Trap.
Key valuation signals for SCTQ:
Accounts Receivable: $2.91 Mil
GF Value™: $4.56 vs. price of $2.24 (50.9% below fair value)
No single metric tells the full story. See the SCTQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spectra Systems Corp manufactures, and markets technology-based products used to authenticate and process banknotes and also offers secure software products for gaming. The company has divided its business into Authentication Systems, Security Printing, and Banknote Cleaning. The company derives maximum revenue from Authentication Systems that involve the hardware, software, and materials related to the authentication of banknotes, tax stamps, and other high-value goods.
78GF Score
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