Passus (WAR:PAS) Accounts Receivable: zł27.9 Mil (As of Mar. 2026)

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WAR:PAS Passus SA WAR:PAS
83 GF Score
Price zł119.60
GF Value zł52.53
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Passus Accounts Receivable?

Passus WAR:PAS 83 Accounts Receivable is zł27.9 Mil as of Mar. 2026. GuruFocus rates WAR:PAS with a GF Score™ of 83/100 and a GF Value™ of zł52.53 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Passus's accounts receivables for the quarter that ended in Mar. 2026 was zł27.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Passus's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 107.43.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Passus's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was zł-0.97.


Passus 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=27.874/23.676*91
=107.43

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

Passus'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)
=(7.086+0.75 * 27.874+0.5 * 5.347-28.559
-0-3.671)/1.614
=-0.97

* 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.


Passus Accounts Receivable Related Terms


Passus Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Passus'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.

Passus Accounts Receivable Chart

Passus Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 24.00 8.79 22.54 19.28 34.73

Passus 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 7.02 10.61 13.31 34.73 27.87
WAR:PAS
83GF Score
Passus SA WAR:PAS
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Passus 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 zł27.9 Mil mean?
Passus (WAR:PAS) has a Accounts Receivable of zł27.9 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Passus and its competitors.
Is Passus' Accounts Receivable too high?
Passus' current Accounts Receivable is zł27.9 Mil. Overall, Passus has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Passus' Accounts Receivable compare to IBM and ACN?
Passus' Accounts Receivable of zł27.9 Mil can be compared against companies in the Software 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 Software company?
A good Accounts Receivable depends on the Software 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 Passus and its competitors. Passus's current Accounts Receivable is zł27.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Passus stock overvalued right now?
Based on GuruFocus' analysis, Passus (WAR:PAS) is currently considered Significantly Overvalued. The stock's GF Value™ is zł52.53, compared to a current price of zł119.60 — trading 127.7% above its estimated fair value. The current Accounts Receivable is zł27.9 Mil. Passus' overall GF Score™ is 83/100 with 4 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 Passus (WAR:PAS), the current Accounts Receivable is zł27.9 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 Passus (WAR:PAS) Overvalued in 2026?

Based on GuruFocus' analysis, Passus stock appears to be overvalued. The current stock price of zł119.60 is trading 127.7% above its estimated GF Value™ of zł52.53. GuruFocus considers Passus to be Significantly Overvalued.

Key valuation signals for WAR:PAS:

  • Accounts Receivable: zł27.9 Mil
  • GF Value™: zł52.53 vs. price of zł119.60 (127.7% above fair value)
  • GF Score™: 83/100 with 4 warning signs

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


Passus Business Description

Address ul. Goraszewska 19, Warsaw, POL, 02-910
Passus SA is an integrator and supplier of specialized information technology solutions. The company offers network and application effieciency, infrastructure security, and WiFi network.
83GF Score

Get the complete analysis for WAR:PAS

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

zł119.60
Price
zł52.53
GF Value