Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) Accounts Receivable: R$1,501 Mil (As of Jun. 2026)

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BSP:CSMG3 Compania de Saneamento de Minas Gerais - COPASA MG BSP:CSMG3
81 GF Score
Price R$54.50
GF Value R$25.84
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Compania deneamento de Minas Gerais - COPASA MG Accounts Receivable?

Compania deneamento de Minas Gerais - COPASA MG BSP:CSMG3 +2.19% 81 Accounts Receivable is R$1,501 Mil as of Jun. 2026. GuruFocus rates BSP:CSMG3 with a GF Score™ of 81/100 and a GF Value™ of R$25.84 (Significantly Overvalued). 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. Compania deneamento de Minas Gerais - COPASA MG's accounts receivables for the quarter that ended in Jun. 2026 was R$1,501 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Compania deneamento de Minas Gerais - COPASA MG's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 60.29.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Compania deneamento de Minas Gerais - COPASA MG's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was R$-25.57.


Compania deneamento de Minas Gerais - COPASA MG 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.

Compania deneamento de Minas Gerais - COPASA MG's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1500.749/2271.402*91
=60.29

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Compania deneamento de Minas Gerais - COPASA MG's accounts receivable are only considered to be worth 75% of book value:

Compania deneamento de Minas Gerais - COPASA MG'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)
=(1390.984+0.75 * 1500.749+0.5 * 102.685-12263.777
-0-0)/379.181
=-25.57

* 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.


Compania deneamento de Minas Gerais - COPASA MG Accounts Receivable Related Terms


Compania deneamento de Minas Gerais - COPASA MG Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Compania deneamento de Minas Gerais - COPASA MG'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.

Compania deneamento de Minas Gerais - COPASA MG Accounts Receivable Chart

Compania deneamento de Minas Gerais - COPASA MG 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 1,000.46 1,051.61 1,281.02 1,289.58 1,450.52

Compania deneamento de Minas Gerais - COPASA MG 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 1,368.01 1,448.01 1,450.52 1,479.98 1,500.75
BSP:CSMG3
81GF Score
Compania de Saneamento de Minas Gerais - COPASA MG BSP:CSMG3
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Compania deneamento de Minas Gerais - COPASA MG 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 R$1,501 Mil mean?
Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) has a Accounts Receivable of R$1,501 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Compania deneamento de Minas Gerais - COPASA MG and its competitors.
Is Compania deneamento de Minas Gerais - COPASA MG's Accounts Receivable too high?
Compania deneamento de Minas Gerais - COPASA MG's current Accounts Receivable is R$1,501 Mil. Overall, Compania deneamento de Minas Gerais - COPASA MG has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Compania deneamento de Minas Gerais - COPASA MG's Accounts Receivable compare to AWK and WTRG?
Compania deneamento de Minas Gerais - COPASA MG's Accounts Receivable of R$1,501 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Accounts Receivable depends on the Utilities - Regulated 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 Compania deneamento de Minas Gerais - COPASA MG and its competitors. Compania deneamento de Minas Gerais - COPASA MG's current Accounts Receivable is R$1,501 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Compania deneamento de Minas Gerais - COPASA MG stock overvalued right now?
Based on GuruFocus' analysis, Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$25.84, compared to a current price of R$54.50 — trading 110.9% above its estimated fair value. The current Accounts Receivable is R$1,501 Mil. Compania deneamento de Minas Gerais - COPASA MG's overall GF Score™ is 81/100 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 Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3), the current Accounts Receivable is R$1,501 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 Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) Overvalued in 2026?

Based on GuruFocus' analysis, Compania deneamento de Minas Gerais - COPASA MG stock appears to be overvalued. The current stock price of R$54.50 is trading 110.9% above its estimated GF Value™ of R$25.84. GuruFocus considers Compania deneamento de Minas Gerais - COPASA MG to be Significantly Overvalued.

Key valuation signals for BSP:CSMG3:

  • Accounts Receivable: R$1,501 Mil
  • GF Value™: R$25.84 vs. price of R$54.50 (110.9% above fair value)
  • GF Score™: 81/100 with 3 warning signs

No single metric tells the full story. See the BSP:CSMG3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Compania deneamento de Minas Gerais - COPASA MG Business Description

Address Rua Mar de Espanha 525, Santo Antonio, Belo Horizonte, MG, BRA, 30330900
Compania de Saneamento de Minas Gerais - COPASA MG provides water supply, sewage, and solid waste services. The company operates out of subsidiaries COPASA Servicos de Irrigacao S.A., COPASA Aguas Minerais de Minas S.A, and COPANOR. COPASA Servicos de Irrigacao S.A. manages, performs, and sells irrigation system services. COPASA Aguas Minerais de Minas S.A. produces, bottles, distributes, and sells mineral water. COPANOR provides water supply and sewage treatment services across the North and Northeast regions of the State of Minas Gerais. A majority of revenue is derived from water services while the rest is derived from sewage services. The company operates out of Brazil, where an amount of revenue is generated.
81GF Score

Get the complete analysis for BSP:CSMG3

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

R$54.50
Price
R$25.84
GF Value