NXT Energy Solutions (TSX:SFD) Accounts Receivable: C$1.29 Mil (As of Jun. 2026)

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TSX:SFD NXT Energy Solutions Inc TSX:SFD
27 GF Score
Price C$0.36
! 8 Warning Signs
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What is NXT Energy Solutions Accounts Receivable?

NXT Energy Solutions TSX:SFD -7.69% 27 Accounts Receivable is C$1.29 Mil as of Jun. 2026. GuruFocus rates TSX:SFD with a GF Score™ of 27/100. The stock has 8 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. NXT Energy Solutions's accounts receivables for the quarter that ended in Jun. 2026 was C$1.29 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. NXT Energy Solutions's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was C$-0.01.


NXT Energy Solutions 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.287/0*91
=

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

NXT Energy Solutions'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)
=(1.723+0.75 * 1.287+0.5 * 0-4.07
-0-0)/119.534
=-0.01

* 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.


NXT Energy Solutions Accounts Receivable Related Terms


NXT Energy Solutions Accounts Receivable Historical Data

* Premium members only.

The historical data trend for NXT Energy Solutions'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.

NXT Energy Solutions Accounts Receivable Chart

NXT Energy Solutions 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 0.81 0.00 1.74 0.02 2.83

NXT Energy Solutions Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 4.85 5.43 2.83 2.80 1.29
TSX:SFD
27GF Score
NXT Energy Solutions Inc TSX:SFD
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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NXT Energy Solutions 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 C$1.29 Mil mean?
NXT Energy Solutions (TSX:SFD) has a Accounts Receivable of C$1.29 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on NXT Energy Solutions and its competitors.
Is NXT Energy Solutions' Accounts Receivable too high?
NXT Energy Solutions' current Accounts Receivable is C$1.29 Mil. Overall, NXT Energy Solutions has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does NXT Energy Solutions' Accounts Receivable compare to SLB and BKR?
NXT Energy Solutions' Accounts Receivable of C$1.29 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Accounts Receivable depends on the Oil & Gas 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 NXT Energy Solutions and its competitors. NXT Energy Solutions's current Accounts Receivable is C$1.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NXT Energy Solutions stock overvalued right now?
NXT Energy Solutions (TSX:SFD) has a current Accounts Receivable of C$1.29 Mil. The current Accounts Receivable is C$1.29 Mil. NXT Energy Solutions' overall GF Score™ is 27/100 with 8 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 NXT Energy Solutions (TSX:SFD), the current Accounts Receivable is C$1.29 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.

NXT Energy Solutions Business Description

Industry EnergyOil & Gas
Other Exchanges NSFDF:USA
Address 3320 -17th Avenue SW, Suite 302, Calgary, AB, CAN, T3E 0B4
NXT Energy Solutions Inc is a Canadian company which offers geophysical service to the upstream oil and gas industry using its gravity-based Stress Field Detection (SFD) remote-sensing survey system. The SFD is an airborne survey system that is used in the oil and natural gas exploration industry to help in identifying areas with hydrocarbon reservoir potential. The SFD system is used to accelerate onshore and offshore exploration over any terrain with the objective of reducing the total time, cost and risk of the exploration cycle, with no environmental footprint or community impact.
27GF Score

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

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