VTEXF (Develop Global) Accounts Receivable: $4.7 Mil (As of Dec. 2025)

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VTEXF Develop Global Ltd VTEXF
48 GF Score
Price $3.66
GF Value $4.08
! 5 Warning Signs
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What is Develop Global Accounts Receivable?

Develop Global VTEXF 48 Accounts Receivable is $4.7 Mil as of Dec. 2025. GuruFocus rates VTEXF with a GF Score™ of 48/100 and a GF Value™ of $4.08. 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. Develop Global's accounts receivables for the quarter that ended in Dec. 2025 was $4.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Develop Global's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 7.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Develop Global's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was $-0.07.

Develop Global 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.724/113.312*91
=7.61

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

Develop Global'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)
=(119.861+0.75 * 4.724+0.5 * 12.692-178.898
-0-0.371)/728.167
=-0.07

* 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.

Develop Global Accounts Receivable Related Terms

Develop Global Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Develop Global'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.

Develop Global Accounts Receivable Chart

Develop Global 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 0.49 2.35 4.81 5.99 8.22

Develop Global 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 17.98 5.99 9.54 8.22 4.72
VTEXF
48GF Score
Develop Global Ltd VTEXF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Develop Global 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 $4.7 Mil mean?
Develop Global (VTEXF) has a Accounts Receivable of $4.7 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Develop Global and its competitors.
Is Develop Global's Accounts Receivable too high?
Develop Global's current Accounts Receivable is $4.7 Mil. Overall, Develop Global has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Develop Global's Accounts Receivable compare to competitors?
Develop Global's Accounts Receivable of $4.7 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 Develop Global and its competitors. Develop Global's current Accounts Receivable is $4.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Develop Global stock overvalued right now?
Develop Global (VTEXF) has a current Accounts Receivable of $4.7 Mil. The stock's GF Value™ is $4.08, compared to a current price of $3.66 — trading 10.3% below its estimated fair value. The current Accounts Receivable is $4.7 Mil. Develop Global's overall GF Score™ is 48/100 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 Develop Global (VTEXF), the current Accounts Receivable is $4.7 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 Develop Global (VTEXF) Overvalued in 2026?

Based on GuruFocus' analysis, Develop Global stock appears to be undervalued. The current stock price of $3.66 is trading 10.3% below its estimated GF Value™ of $4.08.

Key valuation signals for VTEXF:

  • Accounts Receivable: $4.7 Mil
  • GF Value™: $4.08 vs. price of $3.66 (10.3% below fair value)
  • GF Score™: 48/100 with 5 warning signs

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

Develop Global Business Description

Other Exchanges IHB1:GermanyDVP:Australia
Address 234 Railway Parade, West Leederville, Perth, WA, AUS, 6007
Develop Global Ltd is an Australian company focused on the exploration and development of its advanced zinc-copper projects located near Port Hedland in the premier Pilbara mining province of Western Australia. The company owns two advanced Zinc / Copper projects which include Woodlawn Copper and Sulphur Springs.
48GF Score

Get the complete analysis for VTEXF

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

$3.66
Price
$4.08
GF Value