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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Plug Power's accounts receivables for the quarter that ended in Mar. 2026 was MXN1,921 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Plug Power's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 59.44.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Plug Power's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was MXN-13.67.
Plug Power 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.
Plug Power's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:
* 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.
Plug Power Accounts Receivable Related Terms
Plug Power Accounts Receivable Historical Data
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The historical data trend for Plug Power'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.
What does a Accounts Receivable of MXN1,921 Mil mean?
Plug Power (MEX:PLUG) has a Accounts Receivable of MXN1,921 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Plug Power and its competitors.
Is Plug Power's Accounts Receivable too high?
Plug Power's current Accounts Receivable is MXN1,921 Mil. Overall, Plug Power has a GF Score™ of 39/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plug Power's Accounts Receivable compare to HAYW and ATKR?
Plug Power's Accounts Receivable of MXN1,921 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 Plug Power and its competitors. Plug Power's current Accounts Receivable is MXN1,921 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plug Power stock overvalued right now?
Based on GuruFocus' analysis, Plug Power (MEX:PLUG) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN26.73, compared to a current price of MXN34.50 — trading 29.1% above its estimated fair value. The current Accounts Receivable is MXN1,921 Mil. Plug Power's overall GF Score™ is 39/100 with 6 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 Plug Power (MEX:PLUG), the current Accounts Receivable is MXN1,921 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 Plug Power (MEX:PLUG) Overvalued in 2026?
Based on GuruFocus' analysis, Plug Power stock appears to be overvalued.
The current stock price of MXN34.50 is trading 29.1% above its estimated GF Value™ of MXN26.73.
GuruFocus considers Plug Power to be Modestly Overvalued.
Key valuation signals for MEX:PLUG:
Accounts Receivable: MXN1,921 Mil
GF Value™: MXN26.73 vs. price of MXN34.50 (29.1% above fair value)
No single metric tells the full story. See the MEX:PLUG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Plug Power Inc is building an end-to-end green hydrogen ecosystem, from production, storage, and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets, including material handling, e-mobility, power generation, and industrial applications.
39GF 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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