Vestas Wind Systems AS (WAR:VEST) Accounts Receivable: zł7,028 Mil (As of Jun. 2026)

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WAR:VEST Vestas Wind Systems AS WAR:VEST
63 GF Score
Price zł123.15
GF Value zł105.55
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Vestas Wind Systems AS Accounts Receivable?

Vestas Wind Systems AS WAR:VEST 63 Accounts Receivable is zł7,028 Mil as of Jun. 2026. GuruFocus rates WAR:VEST with a GF Score™ of 63/100 and a GF Value™ of zł105.55 (Modestly Overvalued). 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. Vestas Wind Systems AS's accounts receivables for the quarter that ended in Jun. 2026 was zł7,028 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Vestas Wind Systems AS's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 31.32.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Vestas Wind Systems AS's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was zł-65.36.


Vestas Wind Systems AS 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.

Vestas Wind Systems AS's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=7028.066/20477.209*91
=31.32

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

Vestas Wind Systems AS'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)
=(15677.66+0.75 * 7028.066+0.5 * 27006.676-98635.718
-0-34.685)/982.536
=-65.36

* 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.


Vestas Wind Systems AS Accounts Receivable Related Terms


Vestas Wind Systems AS Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Vestas Wind Systems AS'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.

Vestas Wind Systems AS Accounts Receivable Chart

Vestas Wind Systems AS 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 6,510.35 5,102.82 5,355.67 6,774.00 6,504.31

Vestas Wind Systems AS 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 5,720.96 6,254.55 6,504.31 6,530.36 7,028.07
WAR:VEST
63GF Score
Vestas Wind Systems AS WAR:VEST
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Vestas Wind Systems AS 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 zł7,028 Mil mean?
Vestas Wind Systems AS (WAR:VEST) has a Accounts Receivable of zł7,028 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Vestas Wind Systems AS and its competitors.
Is Vestas Wind Systems AS's Accounts Receivable too high?
Vestas Wind Systems AS's current Accounts Receivable is zł7,028 Mil. Overall, Vestas Wind Systems AS has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vestas Wind Systems AS's Accounts Receivable compare to GEV and ETN?
Vestas Wind Systems AS's Accounts Receivable of zł7,028 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Accounts Receivable depends on the Industrial Products 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 Vestas Wind Systems AS and its competitors. Vestas Wind Systems AS's current Accounts Receivable is zł7,028 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vestas Wind Systems AS stock overvalued right now?
Based on GuruFocus' analysis, Vestas Wind Systems AS (WAR:VEST) is currently considered Modestly Overvalued. The stock's GF Value™ is zł105.55, compared to a current price of zł123.15 — trading 16.7% above its estimated fair value. The current Accounts Receivable is zł7,028 Mil. Vestas Wind Systems AS's overall GF Score™ is 63/100 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 Vestas Wind Systems AS (WAR:VEST), the current Accounts Receivable is zł7,028 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 Vestas Wind Systems AS (WAR:VEST) Overvalued in 2026?

Based on GuruFocus' analysis, Vestas Wind Systems AS stock appears to be overvalued. The current stock price of zł123.15 is trading 16.7% above its estimated GF Value™ of zł105.55. GuruFocus considers Vestas Wind Systems AS to be Modestly Overvalued.

Key valuation signals for WAR:VEST:

  • Accounts Receivable: zł7,028 Mil
  • GF Value™: zł105.55 vs. price of zł123.15 (16.7% above fair value)
  • GF Score™: 63/100 with 7 warning signs

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


Vestas Wind Systems AS Business Description

Address Hedeager 42, Aarhus, DNK, 8200
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.
63GF Score

Get the complete analysis for WAR:VEST

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

zł123.15
Price
zł105.55
GF Value