TPI Composites (MEX:TPIC) Accounts Receivable: MXN893 Mil (As of Dec. 2025)

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MEX:TPIC TPI Composites Inc MEX:TPIC
16 GF Score
Price MXN99.00
GF Value MXN49,195.38
! 7 Warning Signs
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What is TPI Composites Accounts Receivable?

TPI Composites MEX:TPIC 16 Accounts Receivable is MXN893 Mil as of Dec. 2025. GuruFocus rates MEX:TPIC with a GF Score™ of 16/100 and a GF Value™ of MXN49,195.38. 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. TPI Composites's accounts receivables for the quarter that ended in Dec. 2025 was MXN893 Mil.

Accounts receivable can be measured by Days Sales Outstanding. TPI Composites's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 21.93.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. TPI Composites's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was MXN-353.62.


TPI Composites 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=892.759/3714.954*91
=21.93

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

TPI Composites'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)
=(250.261+0.75 * 892.759+0.5 * 496.795-18400.187
-0-0)/48.730
=-353.62

* 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.


TPI Composites Accounts Receivable Related Terms


TPI Composites Accounts Receivable Historical Data

* Premium members only.

The historical data trend for TPI Composites'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.

TPI Composites Accounts Receivable Chart

TPI Composites 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 3,072.67 3,535.05 2,194.97 749.51 892.76

TPI Composites Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 749.51 2,248.27 1,300.21 802.28 892.76
MEX:TPIC
16GF Score
TPI Composites Inc MEX:TPIC
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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TPI Composites 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 MXN893 Mil mean?
TPI Composites (MEX:TPIC) has a Accounts Receivable of MXN893 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on TPI Composites and its competitors.
Is TPI Composites' Accounts Receivable too high?
TPI Composites' current Accounts Receivable is MXN893 Mil. Overall, TPI Composites has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does TPI Composites' Accounts Receivable compare to INLF and LBGJ?
TPI Composites' Accounts Receivable of MXN893 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 TPI Composites and its competitors. TPI Composites's current Accounts Receivable is MXN893 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPI Composites stock overvalued right now?
TPI Composites (MEX:TPIC) has a current Accounts Receivable of MXN893 Mil. The stock's GF Value™ is MXN49,195.38, compared to a current price of MXN99.00 — trading 99.8% below its estimated fair value. The current Accounts Receivable is MXN893 Mil. TPI Composites' overall GF Score™ is 16/100 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 TPI Composites (MEX:TPIC), the current Accounts Receivable is MXN893 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.

Is TPI Composites (MEX:TPIC) Overvalued in 2026?

Based on GuruFocus' analysis, TPI Composites stock appears to be undervalued. The current stock price of MXN99.00 is trading 99.8% below its estimated GF Value™ of MXN49,195.38.

Key valuation signals for MEX:TPIC:

  • Accounts Receivable: MXN893 Mil
  • GF Value™: MXN49,195.38 vs. price of MXN99.00 (99.8% below fair value)
  • GF Score™: 16/100 with 7 warning signs

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


TPI Composites Business Description

Other Exchanges TPICQ:USA
Address 9200 E Pima Center Parkway, Suite 250, Scottsdale, AZ, USA, 85258
TPI Composites Inc is engaged in manufacturing composite wind blades. The company operates in wind energy and transportation industries where it manufactures structures for a bus, rail, theme parks, and trucks. Geographically the segments are divided into the U.S, Asia, Mexico, EMEA and India where the Mexico segment derives a majority of revenue.
16GF Score

Get the complete analysis for MEX:TPIC

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

MXN99.00
Price
MXN49,195.38
GF Value