MGHTF (Mercury NZ) Accounts Receivable: $233 Mil (As of Dec. 2025)

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MGHTF Mercury NZ Ltd MGHTF
87 GF Score
Price $4.37
GF Value $4.20
! 11 Warning Signs
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What is Mercury NZ Accounts Receivable?

Mercury NZ MGHTF +8.44% 87 Accounts Receivable is $233 Mil as of Dec. 2025. GuruFocus rates MGHTF with a GF Score™ of 87/100 and a GF Value™ of $4.20. The stock has 11 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mercury NZ's accounts receivables for the quarter that ended in Dec. 2025 was $233 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mercury NZ's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 44.09.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mercury NZ's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was $-1.90.


Mercury NZ 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=232.639/962.963*91
=44.09

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

Mercury NZ'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)
=(42.245+0.75 * 232.639+0.5 * 56.134-2941.551
-0-0)/1417.000
=-1.90

* 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.


Mercury NZ Accounts Receivable Related Terms


Mercury NZ Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Mercury NZ'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.

Mercury NZ Accounts Receivable Chart

Mercury NZ Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 221.75 302.41 220.86 311.85 238.38

Mercury NZ Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 314.25 311.85 252.87 238.38 232.64
MGHTF
87GF Score
Mercury NZ Ltd MGHTF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercury NZ 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 $233 Mil mean?
Mercury NZ (MGHTF) has a Accounts Receivable of $233 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Mercury NZ and its competitors.
Is Mercury NZ's Accounts Receivable too high?
Mercury NZ's current Accounts Receivable is $233 Mil. Overall, Mercury NZ has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Mercury NZ's Accounts Receivable compare to competitors?
Mercury NZ's Accounts Receivable of $233 Mil can be compared against companies in the Utilities - Independent Power Producers 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 - Independent Power Producers company?
A good Accounts Receivable depends on the Utilities - Independent Power Producers 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 Mercury NZ and its competitors. Mercury NZ's current Accounts Receivable is $233 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercury NZ stock overvalued right now?
Mercury NZ (MGHTF) has a current Accounts Receivable of $233 Mil. The stock's GF Value™ is $4.20, compared to a current price of $4.37 — trading 4% above its estimated fair value. The current Accounts Receivable is $233 Mil. Mercury NZ's overall GF Score™ is 87/100 with 11 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 Mercury NZ (MGHTF), the current Accounts Receivable is $233 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 Mercury NZ (MGHTF) Overvalued in 2026?

Based on GuruFocus' analysis, Mercury NZ stock appears to be overvalued. The current stock price of $4.37 is trading 4% above its estimated GF Value™ of $4.20.

Key valuation signals for MGHTF:

  • Accounts Receivable: $233 Mil
  • GF Value™: $4.20 vs. price of $4.37 (4% above fair value)
  • GF Score™: 87/100 with 11 warning signs

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


Mercury NZ Business Description

Address 33 Broadway, The Mercury Building, Newmarket, Auckland, NTL, NZL, 1023
Mercury NZ (formerly Mighty River Power) generates more than 15% of New Zealand's electricity and is one of the four major electricity generators and suppliers in the country. All electricity is generated from renewable sources, which makes it one of the lowest-cost providers of electricity. The company operates nine hydro stations and five geothermal power plants in the North Island and some wind farms. Mercury sells electricity to residential and commercial customers and has the largest share of the key Auckland market.
87GF Score

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

$4.37
Price
$4.20
GF Value