SPNZF (South Port New Zealand) Accounts Receivable: $4.67 Mil (As of Jun. 2026)

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SPNZF South Port New Zealand Ltd SPNZF
96 GF Score
Price $5.70
GF Value $5.83
! 3 Warning Signs
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What is South Port New Zealand Accounts Receivable?

South Port New Zealand SPNZF 96 Accounts Receivable is $4.67 Mil as of Jun. 2026. GuruFocus rates SPNZF with a GF Score™ of 96/100 and a GF Value™ of $5.83. The stock has 3 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. South Port New Zealand's accounts receivables for the quarter that ended in Jun. 2026 was $4.67 Mil.

Accounts receivable can be measured by Days Sales Outstanding. South Port New Zealand's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 39.77.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. South Port New Zealand's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was $-0.58.

South Port New Zealand 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.

South Port New Zealand's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.673/21.443*91
=39.77

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

South Port New Zealand'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)
=(7.258+0.75 * 4.673+0.5 * 0-26.037
-0-0)/26.235
=-0.58

* 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.

South Port New Zealand Accounts Receivable Related Terms

South Port New Zealand Accounts Receivable Historical Data

* Premium members only.

The historical data trend for South Port New Zealand'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.

South Port New Zealand Accounts Receivable Chart

South Port New Zealand 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 4.45 3.99 5.05 4.53 4.67

South Port New Zealand 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 5.05 6.57 4.53 7.18 4.67
SPNZF
96GF Score
South Port New Zealand Ltd SPNZF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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South Port New Zealand 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 $4.67 Mil mean?
South Port New Zealand (SPNZF) has a Accounts Receivable of $4.67 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on South Port New Zealand and its competitors.
Is South Port New Zealand's Accounts Receivable too high?
South Port New Zealand's current Accounts Receivable is $4.67 Mil. Overall, South Port New Zealand has a GF Score™ of 96/100, reflecting its overall financial health beyond just this single metric.
How does South Port New Zealand's Accounts Receivable compare to competitors?
South Port New Zealand's Accounts Receivable of $4.67 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 South Port New Zealand and its competitors. South Port New Zealand's current Accounts Receivable is $4.67 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Port New Zealand stock overvalued right now?
South Port New Zealand (SPNZF) has a current Accounts Receivable of $4.67 Mil. The stock's GF Value™ is $5.83, compared to a current price of $5.70 — trading 2.2% below its estimated fair value. The current Accounts Receivable is $4.67 Mil. South Port New Zealand's overall GF Score™ is 96/100 with 3 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 South Port New Zealand (SPNZF), the current Accounts Receivable is $4.67 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 South Port New Zealand (SPNZF) Overvalued in 2026?

Based on GuruFocus' analysis, South Port New Zealand stock appears to be undervalued. The current stock price of $5.70 is trading 2.2% below its estimated GF Value™ of $5.83.

Key valuation signals for SPNZF:

  • Accounts Receivable: $4.67 Mil
  • GF Value™: $5.83 vs. price of $5.70 (2.2% below fair value)
  • GF Score™: 96/100 with 3 warning signs

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

South Port New Zealand Business Description

Other Exchanges SPN:New Zealand
Address 251 Foreshore Road, P.O. Box 1, Island Harbour, Bluff, STL, NZL, 9842
South Port New Zealand Ltd offers a wide range of marine services, cargo and container shipping, and on-site warehousing for domestic and international customers. It serves key export and import industries in the Southland region, including aluminium, timber, fisheries, dairy, meat, wood chips, stock food, cement, alumina, fertiliser, and petroleum products. South Port is publicly listed on the New Zealand Stock Exchange and is majority-owned by Environment Southland. It also operates an intermodal freight center to facilitate efficient product distribution within the Southland and Otago regions. The majority of revenue comes from the Cargo and logistics services.
96GF Score

Get the complete analysis for SPNZF

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

$5.70
Price
$5.83
GF Value