TSDOF (Tessenderlo Group NV) Accounts Receivable: $429 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSDOF Tessenderlo Group NV TSDOF
63 GF Score
Price $25.18
GF Value $28.56
! 5 Warning Signs
View Full Analysis

What is Tessenderlo Group NV Accounts Receivable?

Tessenderlo Group NV TSDOF 63 Accounts Receivable is $429 Mil as of Dec. 2025. GuruFocus rates TSDOF with a GF Score™ of 63/100 and a GF Value™ of $28.56. 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. Tessenderlo Group NV's accounts receivables for the quarter that ended in Dec. 2025 was $429 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tessenderlo Group NV's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 52.46.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tessenderlo Group NV's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was $-5.05.


Tessenderlo Group NV 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.

Tessenderlo Group NV's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=429.391/1493.794*91
=52.46

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

Tessenderlo Group NV'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)
=(185.012+0.75 * 429.391+0.5 * 621.663-1098.595
-0-17.447)/58.993
=-5.05

* 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.


Tessenderlo Group NV Accounts Receivable Related Terms


Tessenderlo Group NV Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Tessenderlo Group NV'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.

Tessenderlo Group NV Accounts Receivable Chart

Tessenderlo Group NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 375.59 395.55 423.88 389.74 429.39

Tessenderlo Group NV 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 423.88 549.73 389.74 585.01 429.39
TSDOF
63GF Score
Tessenderlo Group NV TSDOF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tessenderlo Group NV 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 $429 Mil mean?
Tessenderlo Group NV (TSDOF) has a Accounts Receivable of $429 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Tessenderlo Group NV and its competitors.
Is Tessenderlo Group NV's Accounts Receivable too high?
Tessenderlo Group NV's current Accounts Receivable is $429 Mil. Overall, Tessenderlo Group NV has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Tessenderlo Group NV's Accounts Receivable compare to CTVA and CF?
Tessenderlo Group NV's Accounts Receivable of $429 Mil can be compared against companies in the Agriculture 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 an Agriculture company?
A good Accounts Receivable depends on the Agriculture 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 Tessenderlo Group NV and its competitors. Tessenderlo Group NV's current Accounts Receivable is $429 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tessenderlo Group NV stock overvalued right now?
Tessenderlo Group NV (TSDOF) has a current Accounts Receivable of $429 Mil. The stock's GF Value™ is $28.56, compared to a current price of $25.18 — trading 11.8% below its estimated fair value. The current Accounts Receivable is $429 Mil. Tessenderlo Group NV's overall GF Score™ is 63/100 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 Tessenderlo Group NV (TSDOF), the current Accounts Receivable is $429 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 Tessenderlo Group NV (TSDOF) Overvalued in 2026?

Based on GuruFocus' analysis, Tessenderlo Group NV stock appears to be undervalued. The current stock price of $25.18 is trading 11.8% below its estimated GF Value™ of $28.56.

Key valuation signals for TSDOF:

  • Accounts Receivable: $429 Mil
  • GF Value™: $28.56 vs. price of $25.18 (11.8% below fair value)
  • GF Score™: 63/100 with 5 warning signs

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


Tessenderlo Group NV Business Description

Address Troonstraat 130 Rue du Trone, Brussels, BEL, 1050
Tessenderlo Group NV focuses on agriculture, valorizing bio-residuals, machinery, mechanical engineering, electronics, energy, and providing industrial solutions with a focus on water. The firm produces and sells products across five segments: Agro, Industrial Solutions, Bio-Valorization, T-Power, and Machines & Technologies. The majority of its revenue comes from the Agro segment. The Agro segment encompasses activities in agriculture, including crop nutrition and crop protection products. This segment includes the business units Tessenderlo Kerley North America, Tessenderlo Kerley International, and Violleau. Its geographical segments include Europe, North America, South America, Asia, and the rest of the world, with Europe generating the maximum revenue.
63GF Score

Get the complete analysis for TSDOF

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

$25.18
Price
$28.56
GF Value