VCIGF (Vitreous Glass) Accounts Receivable: $0.47 Mil (As of Mar. 2026)

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VCIGF Vitreous Glass Inc VCIGF
79 GF Score
Price $4.97
GF Value $6.05
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Vitreous Glass Accounts Receivable?

Vitreous Glass VCIGF 79 Accounts Receivable is $0.47 Mil as of Mar. 2026. GuruFocus rates VCIGF with a GF Score™ of 79/100 and a GF Value™ of $6.05 (Modestly Undervalued). 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. Vitreous Glass's accounts receivables for the quarter that ended in Mar. 2026 was $0.47 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Vitreous Glass's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 15.98.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Vitreous Glass's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $0.27.


Vitreous Glass 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.

Vitreous Glass's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.474/2.706*91
=15.98

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

Vitreous Glass's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(2.213+0.75 * 0.474+0.5 * 0.493-1.096
-0-0)/6.356
=0.27

* 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.


Vitreous Glass Accounts Receivable Related Terms


Vitreous Glass Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Vitreous Glass'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.

Vitreous Glass Accounts Receivable Chart

Vitreous Glass Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.35 0.26 0.36 0.67

Vitreous Glass Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.42 0.46 0.67 0.54 0.47
VCIGF
79GF Score
Vitreous Glass Inc VCIGF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Vitreous Glass 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 $0.47 Mil mean?
Vitreous Glass (VCIGF) has a Accounts Receivable of $0.47 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Vitreous Glass and its competitors.
Is Vitreous Glass' Accounts Receivable too high?
Vitreous Glass' current Accounts Receivable is $0.47 Mil. Overall, Vitreous Glass has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vitreous Glass' Accounts Receivable compare to WM and RSG?
Vitreous Glass' Accounts Receivable of $0.47 Mil can be compared against companies in the Waste Management 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 Waste Management company?
A good Accounts Receivable depends on the Waste Management 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 Vitreous Glass and its competitors. Vitreous Glass's current Accounts Receivable is $0.47 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vitreous Glass stock overvalued right now?
Based on GuruFocus' analysis, Vitreous Glass (VCIGF) is currently considered Modestly Undervalued. The stock's GF Value™ is $6.05, compared to a current price of $4.97 — trading 17.9% below its estimated fair value. The current Accounts Receivable is $0.47 Mil. Vitreous Glass' overall GF Score™ is 79/100 with 2 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 Vitreous Glass (VCIGF), the current Accounts Receivable is $0.47 Mil as of Mar. 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 Vitreous Glass (VCIGF) Overvalued in 2026?

Based on GuruFocus' analysis, Vitreous Glass stock appears to be undervalued. The current stock price of $4.97 is trading 17.9% below its estimated GF Value™ of $6.05. GuruFocus considers Vitreous Glass to be Modestly Undervalued.

Key valuation signals for VCIGF:

  • Accounts Receivable: $0.47 Mil
  • GF Value™: $6.05 vs. price of $4.97 (17.9% below fair value)
  • GF Score™: 79/100 with 2 warning signs

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


Vitreous Glass Business Description

Other Exchanges VCI:Canada
Address 212 East Lake Boulevard, Airdrie, AB, CAN, T4A 0H5
Vitreous Glass Inc cleans, crushes, and sells waste glass to the fiberglass manufacturing industry. The company also removes the contaminates and crushes the glass into sand and then this sand is sold to fiberglass insulation manufacturers as furnace-ready cullet for use in their production facilities. The sole source of revenue of the company is generated by providing crushed glass to its customers.
79GF Score

Get the complete analysis for VCIGF

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

$4.97
Price
$6.05
GF Value