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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Targa Resources's accounts receivables for the quarter that ended in Jun. 2026 was MXN34,062 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Targa Resources's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 40.12.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Targa Resources's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was MXN-1,880.33.
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.
Targa Resources's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Targa Resources's accounts receivable are only considered to be worth 75% of book value:
Targa Resources's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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.
Targa Resources Accounts Receivable Related Terms
Targa Resources Accounts Receivable Historical Data
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The historical data trend for Targa Resources'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 MXN34,062 Mil mean?
Targa Resources (MEX:TRGP) has a Accounts Receivable of MXN34,062 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Targa Resources and its competitors.
Is Targa Resources' Accounts Receivable too high?
Targa Resources' current Accounts Receivable is MXN34,062 Mil. Overall, Targa Resources has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Targa Resources' Accounts Receivable compare to MPLX and OKE?
Targa Resources' Accounts Receivable of MXN34,062 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Accounts Receivable depends on the Oil & Gas 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 Targa Resources and its competitors. Targa Resources's current Accounts Receivable is MXN34,062 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Targa Resources stock overvalued right now?
Based on GuruFocus' analysis, Targa Resources (MEX:TRGP) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,782.61, compared to a current price of MXN4,599.18 — trading 65.3% above its estimated fair value. The current Accounts Receivable is MXN34,062 Mil. Targa Resources' overall GF Score™ is 69/100 with 9 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 Targa Resources (MEX:TRGP), the current Accounts Receivable is MXN34,062 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 Targa Resources (MEX:TRGP) Overvalued in 2026?
Based on GuruFocus' analysis, Targa Resources stock appears to be overvalued.
The current stock price of MXN4,599.18 is trading 65.3% above its estimated GF Value™ of MXN2,782.61.
GuruFocus considers Targa Resources to be Significantly Overvalued.
Key valuation signals for MEX:TRGP:
Accounts Receivable: MXN34,062 Mil
GF Value™: MXN2,782.61 vs. price of MXN4,599.18 (65.3% above fair value)
No single metric tells the full story. See the MEX:TRGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Targa Resources Corp is a midstream firm that mainly operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline is another important asset. It has two operating segments: Gathering and Processing, and, Logistics and Transportation (also referred to as the Downstream Business).
69GF 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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