First Majestic Silver (XSWX:AG) Accounts Receivable: CHF13 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:AG First Majestic Silver Corp XSWX:AG
29 GF Score
Price CHF16.32
GF Value CHF9.17
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is First Majestic Silver Accounts Receivable?

First Majestic Silver XSWX:AG +7.24% 29 Accounts Receivable is CHF13 Mil as of Jun. 2026. GuruFocus rates XSWX:AG with a GF Score™ of 29/100 and a GF Value™ of CHF9.17 (Significantly Overvalued). 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. First Majestic Silver's accounts receivables for the quarter that ended in Jun. 2026 was CHF13 Mil.

Accounts receivable can be measured by Days Sales Outstanding. First Majestic Silver's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 3.46.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. First Majestic Silver's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was CHF-1.07.


First Majestic Silver 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.

First Majestic Silver's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=12.563/331.101*91
=3.46

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

First Majestic Silver'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)
=(997.879+0.75 * 12.563+0.5 * 85.119-1250.221
-0-327.165)/492.657
=-1.07

* 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.


First Majestic Silver Accounts Receivable Related Terms


First Majestic Silver Accounts Receivable Historical Data

* Premium members only.

The historical data trend for First Majestic Silver'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.

First Majestic Silver Accounts Receivable Chart

First Majestic Silver 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 7.12 8.01 8.73 10.97 68.82

First Majestic Silver 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 29.40 31.29 68.82 35.66 12.56
XSWX:AG
29GF Score
First Majestic Silver Corp XSWX:AG
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Majestic Silver 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 CHF13 Mil mean?
First Majestic Silver (XSWX:AG) has a Accounts Receivable of CHF13 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on First Majestic Silver and its competitors.
Is First Majestic Silver's Accounts Receivable too high?
First Majestic Silver's current Accounts Receivable is CHF13 Mil. Overall, First Majestic Silver has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Majestic Silver's Accounts Receivable compare to EXK?
First Majestic Silver's Accounts Receivable of CHF13 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 First Majestic Silver and its competitors. First Majestic Silver's current Accounts Receivable is CHF13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Majestic Silver stock overvalued right now?
Based on GuruFocus' analysis, First Majestic Silver (XSWX:AG) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF9.17, compared to a current price of CHF16.32 — trading 78% above its estimated fair value. The current Accounts Receivable is CHF13 Mil. First Majestic Silver's overall GF Score™ is 29/100 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 First Majestic Silver (XSWX:AG), the current Accounts Receivable is CHF13 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 First Majestic Silver (XSWX:AG) Overvalued in 2026?

Based on GuruFocus' analysis, First Majestic Silver stock appears to be overvalued. The current stock price of CHF16.32 is trading 78% above its estimated GF Value™ of CHF9.17. GuruFocus considers First Majestic Silver to be Significantly Overvalued.

Key valuation signals for XSWX:AG:

  • Accounts Receivable: CHF13 Mil
  • GF Value™: CHF9.17 vs. price of CHF16.32 (78% above fair value)
  • GF Score™: 29/100 with 2 warning signs

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


First Majestic Silver Business Description

Address 925 West Georgia Street, Suite 1800, Vancouver, BC, CAN, V6C 3L2
First Majestic Silver Corp is in the business of production, development, exploration, and acquisition of mineral properties with a focus on silver and gold production in North America. The company owns four producing mines in Mexico, consisting of the Santa Elena Silver/Gold Mine, the San Dimas Silver/Gold Mine, the Los Gatos Silver Mine, and the La Encantada Silver Mine. It also owns the Jerritt Canyon Gold Mine in Nevada, USA. Additionally, the firm holds interests in the San Martin Silver Mine and the Del Toro Silver Mine, and several exploration-stage projects. The majority of the company's revenues are from the sale of precious metals contained in dore and concentrate form. It generates maximum revenue from the sale of silver, followed by gold, zinc, copper, and other metals.
29GF Score

Get the complete analysis for XSWX:AG

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

CHF16.32
Price
CHF9.17
GF Value