Photocat AS (XSAT:PCAT) Accounts Receivable: kr1.71 Mil (As of Dec. 2025)

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XSAT:PCAT Photocat AS XSAT:PCAT
9 GF Score
Price kr4.90
! 3 Warning Signs
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What is Photocat AS Accounts Receivable?

Photocat AS XSAT:PCAT -2.00% 9 Accounts Receivable is kr1.71 Mil as of Dec. 2025. GuruFocus rates XSAT:PCAT with a GF Score™ of 9/100. The stock has 3 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Photocat AS's accounts receivables for the quarter that ended in Dec. 2025 was kr1.71 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Photocat AS's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 47.58.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Photocat AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was kr-2.98.


Photocat 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.713/6.57*91
=47.58

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

Photocat AS'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)
=(0.645+0.75 * 1.713+0.5 * 0.573-20.055
-0-0)/5.995
=-2.98

* 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.


Photocat AS Accounts Receivable Related Terms


Photocat AS Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Photocat 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.

Photocat AS Accounts Receivable Chart

Photocat 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 5.41 6.77 6.11 3.38 1.71

Photocat AS Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 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 9.00 6.11 4.64 3.38 1.71
XSAT:PCAT
9GF Score
Photocat AS XSAT:PCAT
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Photocat 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 kr1.71 Mil mean?
Photocat AS (XSAT:PCAT) has a Accounts Receivable of kr1.71 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Photocat AS and its competitors.
Is Photocat AS's Accounts Receivable too high?
Photocat AS's current Accounts Receivable is kr1.71 Mil. Overall, Photocat AS has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Photocat AS's Accounts Receivable compare to LIN and SHW?
Photocat AS's Accounts Receivable of kr1.71 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Accounts Receivable depends on the Chemicals 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 Photocat AS and its competitors. Photocat AS's current Accounts Receivable is kr1.71 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Photocat AS stock overvalued right now?
Photocat AS (XSAT:PCAT) has a current Accounts Receivable of kr1.71 Mil. The current Accounts Receivable is kr1.71 Mil. Photocat AS's overall GF Score™ is 9/100 with 3 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 Photocat AS (XSAT:PCAT), the current Accounts Receivable is kr1.71 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.

Photocat AS Business Description

Address Langebjerg 4, Roskilde, DNK, 4000
Photocat AS is a Danish green tech company has developed photocatalytic liquids and solutions designed to improve environmental conditions and potentially deliver life-saving enhancements to air quality. Its solutions are developed with both economic and scientific objectives, enabling its customers to add enhanced value when delivering their own products, such as roofing membranes, coatings, roads, and flooring. The company markets its products under the NOxOFF, Actifloor, ShineOn, and Photocat Garden trademarks. All products are currently in the early stages of their lifecycle, due to the nature of the underlying technology and processes. Its solutions include NOxOFF Concrete, NOxOFF Bitumen, NOxOFF Asphalt, Photocat Garden, and Actifloor.
9GF Score

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

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