VARRY (Var Energi ASA) Accounts Receivable: $577 Mil (As of Jun. 2026)

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VARRY Var Energi ASA VARRY
65 GF Score
Price $10.50
GF Value $9.75
Valuation Fairly Valued
! 7 Warning Signs
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What is Var Energi ASA Accounts Receivable?

Var Energi ASA VARRY 65 Accounts Receivable is $577 Mil as of Jun. 2026. GuruFocus rates VARRY with a GF Score™ of 65/100 and a GF Value™ of $9.75 (Fairly Valued). The stock has 7 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Var Energi ASA's accounts receivables for the quarter that ended in Jun. 2026 was $577 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Var Energi ASA's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 14.22.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Var Energi ASA's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was $-19.74.


Var Energi ASA 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=577.2/3704.8*91
=14.22

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

Var Energi ASA'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)
=(2504.7+0.75 * 577.2+0.5 * 361.6-27759
-0-0)/1248.125
=-19.74

* 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.


Var Energi ASA Accounts Receivable Related Terms


Var Energi ASA Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Var Energi ASA'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.

Var Energi ASA Accounts Receivable Chart

Var Energi ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial 745.92 796.32 362.90 373.20 206.90

Var Energi ASA 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 462.30 392.40 206.90 498.40 577.20
VARRY
65GF Score
Var Energi ASA VARRY
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Var Energi ASA 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 $577 Mil mean?
Var Energi ASA (VARRY) has a Accounts Receivable of $577 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Var Energi ASA and its competitors.
Is Var Energi ASA's Accounts Receivable too high?
Var Energi ASA's current Accounts Receivable is $577 Mil. Overall, Var Energi ASA has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Var Energi ASA's Accounts Receivable compare to COP and EOG?
Var Energi ASA's Accounts Receivable of $577 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 Var Energi ASA and its competitors. Var Energi ASA's current Accounts Receivable is $577 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Var Energi ASA stock overvalued right now?
Based on GuruFocus' analysis, Var Energi ASA (VARRY) is currently considered Fairly Valued. The stock's GF Value™ is $9.75, compared to a current price of $10.50 — trading 7.7% above its estimated fair value. The current Accounts Receivable is $577 Mil. Var Energi ASA's overall GF Score™ is 65/100 with 7 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 Var Energi ASA (VARRY), the current Accounts Receivable is $577 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 Var Energi ASA (VARRY) Overvalued in 2026?

Based on GuruFocus' analysis, Var Energi ASA stock appears to be overvalued. The current stock price of $10.50 is trading 7.7% above its estimated GF Value™ of $9.75. GuruFocus considers Var Energi ASA to be Fairly Valued.

Key valuation signals for VARRY:

  • Accounts Receivable: $577 Mil
  • GF Value™: $9.75 vs. price of $10.50 (7.7% above fair value)
  • GF Score™: 65/100 with 7 warning signs

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


Var Energi ASA Business Description

Industry EnergyOil & Gas
Address Vestre Svanholmen 1, Sandnes, NOR, 4313
Var Energi ASA is an independent upstream oil and gas company on the Norwegian continental shelf. It operates within the geographical area of Norway and the business is entirely related to the exploration for and production of petroleum in Norway. The Company operates within a single operating segment, and the products include oil and gas, natural gas liquids (NGL). Revenues are mainly related to the sale of oil, gas, and NGL. Var Energi is the operator of the following producing fields: Goliat (Barents Sea), Fenja (Norwegian Sea), Gjoa, Duva, Balder, and Ringhorne (North Sea).
65GF Score

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

$10.50
Price
$9.75
GF Value