Sims (SMSMY) Accounts Receivable: $522 Mil (As of Jun. 2026)

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SMSMY Sims Ltd SMSMY
71 GF Score
Price $17.05
GF Value $11.24
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Sims Accounts Receivable?

Sims SMSMY +0.89% 71 Accounts Receivable is $522 Mil as of Jun. 2026. GuruFocus rates SMSMY with a GF Score™ of 71/100 and a GF Value™ of $11.24 (Significantly Overvalued). 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. Sims's accounts receivables for the quarter that ended in Jun. 2026 was $522 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sims's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 32.08.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sims's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was $-3.72.


Sims 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.

Sims's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=522.347/2971.82*91
=32.08

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

Sims's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(140.267+0.75 * 522.347+0.5 * 431.553-1466.479
-0-0)/193.233
=-3.72

* 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.


Sims Accounts Receivable Related Terms


Sims Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Sims'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.

Sims Accounts Receivable Chart

Sims Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 351.79 322.69 302.72 393.95 522.35

Sims Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 302.72 440.60 393.95 455.81 522.35
SMSMY
71GF Score
Sims Ltd SMSMY
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sims 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 $522 Mil mean?
Sims (SMSMY) has a Accounts Receivable of $522 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Sims and its competitors.
Is Sims' Accounts Receivable too high?
Sims' current Accounts Receivable is $522 Mil. Overall, Sims has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sims' Accounts Receivable compare to NUE and STLD?
Sims' Accounts Receivable of $522 Mil can be compared against companies in the Steel 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 Steel company?
A good Accounts Receivable depends on the Steel 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 Sims and its competitors. Sims's current Accounts Receivable is $522 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sims stock overvalued right now?
Based on GuruFocus' analysis, Sims (SMSMY) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.24, compared to a current price of $17.05 — trading 51.7% above its estimated fair value. The current Accounts Receivable is $522 Mil. Sims' overall GF Score™ is 71/100 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 Sims (SMSMY), the current Accounts Receivable is $522 Mil as of Jun. 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 Sims (SMSMY) Overvalued in 2026?

Based on GuruFocus' analysis, Sims stock appears to be overvalued. The current stock price of $17.05 is trading 51.7% above its estimated GF Value™ of $11.24. GuruFocus considers Sims to be Significantly Overvalued.

Key valuation signals for SMSMY:

  • Accounts Receivable: $522 Mil
  • GF Value™: $11.24 vs. price of $17.05 (51.7% above fair value)
  • GF Score™: 71/100 with 5 warning signs

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


Sims Business Description

Address 189 O’Riordan Street, Suite 2, Level 9, Mascot, Sydney, NSW, AUS, 2020
Sims is the world's largest publicly traded metal and electronics recycler, with about three-fourths of earnings generated in North America and the remainder from Australia and New Zealand. Its main business is the buying, processing, and selling of scrap metal.Sims North American segment comprises the largest ferrous scrap recycler in North America, trading as Sims Metal Management, and 50% owned SA Recycling. Almost all sales are of ferrous metals with less than 10% of sales volumes from more valuable nonferrous metals retrieved in the scrap recycling process.
71GF Score

Get the complete analysis for SMSMY

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

$17.05
Price
$11.24
GF Value