THORF (Thor Energy) Accounts Receivable: $0.06 Mil (As of Dec. 2025)

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What is Thor Energy Accounts Receivable?

Thor Energy THORF -69.51% Accounts Receivable is $0.06 Mil as of Dec. 2025. The stock has 2 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Thor Energy's accounts receivables for the quarter that ended in Dec. 2025 was $0.06 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Thor Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was $0.00.

Thor Energy 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.

Thor Energy's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.058/0*91
=

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

Thor Energy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2025 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)
=(1.054+0.75 * 0.058+0.5 * 0-0.367
-0-0.043)/1030.073
=0.00

* 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.

Thor Energy Accounts Receivable Related Terms

Thor Energy Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Thor Energy'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.

Thor Energy Accounts Receivable Chart

Thor Energy Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.24 0.02 0.01 0.03

Thor Energy Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.10 0.01 0.11 0.03 0.06

Thor Energy 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 $0.06 Mil mean?
Thor Energy (THORF) has a Accounts Receivable of $0.06 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Thor Energy and its competitors.
Is Thor Energy's Accounts Receivable too high?
Thor Energy's current Accounts Receivable is $0.06 Mil.
How does Thor Energy's Accounts Receivable compare to competitors?
Thor Energy's Accounts Receivable of $0.06 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Accounts Receivable depends on the Metals & Mining 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 Thor Energy and its competitors. Thor Energy's current Accounts Receivable is $0.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thor Energy stock overvalued right now?
Thor Energy (THORF) has a current Accounts Receivable of $0.06 Mil. The current Accounts Receivable is $0.06 Mil. 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 Thor Energy (THORF), the current Accounts Receivable is $0.06 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.

Thor Energy Business Description

Address Salisbury House, London Wall, London, GBR, EC2M 5PS
Thor Energy PLC is an exploration company focused on natural hydrogen and helium, with operations in South Australia. Its portfolio includes a granted exploration license and several pending applications under the HY-Range Hydrogen Project, aimed at developing clean energy resources. The company also holds a diversified portfolio of strategic metals projects, including uranium, copper, nickel, tungsten, lithium, and gold across Australia and the USA. Key projects include the Alford Copper-Gold Project in South Australia, the Molyhil Tungsten Project in the Northern Territory, which contains a tungsten deposit, and uranium-vanadium projects in the Uravan Mining Belt located on the Utah-Colorado border.