NGG (National Grid) Accounts Receivable: $4,121 Mil (As of Mar. 2026)

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NGG National Grid PLC NGG
72 GF Score
Price $80.80
GF Value $50.97
Valuation Significantly Overvalued
! 4 Warning Signs
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What is National Grid Accounts Receivable?

National Grid NGG -0.31% 72 Accounts Receivable is $4,121 Mil as of Mar. 2026. GuruFocus rates NGG with a GF Score™ of 72/100 and a GF Value™ of $50.97 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. National Grid's accounts receivables for the quarter that ended in Mar. 2026 was $4,121 Mil.

Accounts receivable can be measured by Days Sales Outstanding. National Grid's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 53.11.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. National Grid's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-85.19.


National Grid 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.

National Grid's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4121.333/14162.667*91
=53.11

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

National Grid's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(3770.667+0.75 * 4121.333+0.5 * 745.333-91934.667
-0-41.333)/994.685
=-85.19

* 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.


National Grid Accounts Receivable Related Terms


National Grid Accounts Receivable Historical Data

* Premium members only.

The historical data trend for National Grid'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.

National Grid Accounts Receivable Chart

National Grid Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,505.93 3,134.71 3,177.89 3,940.57 4,121.33

National Grid Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 3,177.89 3,519.84 3,940.57 3,824.32 4,121.33
NGG
72GF Score
National Grid PLC NGG
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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National Grid 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 $4,121 Mil mean?
National Grid (NGG) has a Accounts Receivable of $4,121 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on National Grid and its competitors.
Is National Grid's Accounts Receivable too high?
National Grid's current Accounts Receivable is $4,121 Mil. Overall, National Grid has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Grid's Accounts Receivable compare to NEE and SO?
National Grid's Accounts Receivable of $4,121 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 National Grid and its competitors. National Grid's current Accounts Receivable is $4,121 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Grid stock overvalued right now?
Based on GuruFocus' analysis, National Grid (NGG) is currently considered Significantly Overvalued. The stock's GF Value™ is $50.97, compared to a current price of $80.80 — trading 58.5% above its estimated fair value. The current Accounts Receivable is $4,121 Mil. National Grid's overall GF Score™ is 72/100 with 4 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 National Grid (NGG), the current Accounts Receivable is $4,121 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 National Grid (NGG) Overvalued in 2026?

Based on GuruFocus' analysis, National Grid stock appears to be overvalued. The current stock price of $80.80 is trading 58.5% above its estimated GF Value™ of $50.97. GuruFocus considers National Grid to be Significantly Overvalued.

Key valuation signals for NGG:

  • Accounts Receivable: $4,121 Mil
  • GF Value™: $50.97 vs. price of $80.80 (58.5% above fair value)
  • GF Score™: 72/100 with 4 warning signs

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


National Grid Business Description

Address 1-3 Strand, London, GBR, WC2N 5EH
National Grid owns and operates the electric transmission system in England and Wales. It sold the bulk of its UK gas transmission business in fiscal 2023 to fund the acquisition of PPL's UK power distribution assets. In the Northeastern United States, it serves electricity and gas customers combined in three states. It also owns regulated transmission electricity networks in the United States, metering services and merchant transmission lines in the UK.
72GF Score

Get the complete analysis for NGG

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

$80.80
Price
$50.97
GF Value