Citicore Renewable Energy (PHS:CREC) Accounts Receivable: ₱938 Mil (As of Mar. 2026)

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PHS:CREC Citicore Renewable Energy Corp PHS:CREC
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What is Citicore Renewable Energy Accounts Receivable?

Citicore Renewable Energy PHS:CREC -3.56% 3 Accounts Receivable is ₱938 Mil as of Mar. 2026. GuruFocus rates PHS:CREC with a GF Score™ of 3/100. 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. Citicore Renewable Energy's accounts receivables for the quarter that ended in Mar. 2026 was ₱938 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Citicore Renewable Energy's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 74.90.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Citicore Renewable Energy's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ₱-3.85.

Citicore Renewable Energy 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.

Citicore Renewable Energy's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=937.577/1142.231*91
=74.90

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

Citicore Renewable Energy'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)
=(16718.909+0.75 * 937.577+0.5 * 7.125-59949.135
-0-471.953)/11160.715
=-3.85

* 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.

Citicore Renewable Energy Accounts Receivable Related Terms

Citicore Renewable Energy Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Citicore Renewable Energy'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.

Citicore Renewable Energy Accounts Receivable Chart

Citicore Renewable Energy Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Accounts Receivable
0.00 477.40 1,003.50 1,105.47

Citicore Renewable Energy Quarterly Data
Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 700.62 750.73 792.73 1,105.47 937.58
PHS:CREC
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Citicore Renewable Energy Corp PHS:CREC
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Citicore Renewable Energy 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 ₱938 Mil mean?
Citicore Renewable Energy (PHS:CREC) has a Accounts Receivable of ₱938 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Citicore Renewable Energy and its competitors.
Is Citicore Renewable Energy's Accounts Receivable too high?
Citicore Renewable Energy's current Accounts Receivable is ₱938 Mil. Overall, Citicore Renewable Energy has a GF Score™ of 3/100, reflecting its overall financial health beyond just this single metric.
How does Citicore Renewable Energy's Accounts Receivable compare to competitors?
Citicore Renewable Energy's Accounts Receivable of ₱938 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 Citicore Renewable Energy and its competitors. Citicore Renewable Energy's current Accounts Receivable is ₱938 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Citicore Renewable Energy stock overvalued right now?
Citicore Renewable Energy (PHS:CREC) has a current Accounts Receivable of ₱938 Mil. The current Accounts Receivable is ₱938 Mil. Citicore Renewable Energy's overall GF Score™ is 3/100 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 Citicore Renewable Energy (PHS:CREC), the current Accounts Receivable is ₱938 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.

Citicore Renewable Energy Business Description

Address Santolan Road, Little Baguio, 11th Floor, Rockwell Santolan Town Plaza, 276 Col. Bonny Serrano Avenue, Metro Manila, San Juan, LUN, PHL, 1500
Citicore Renewable Energy Corp is a company that manages a diversified portfolio of renewable energy generation projects, power project development operations, and retail electricity supply. Its renewable energy portfolio consists entirely of operating solar power plants. It also has over five Gigawatts of project pipelines in varying stages of development. The company also integrates solar power generation with agricultural crop production to provide positive energy, sustainable livelihood to small farmers, and assists with the country's food production needs.
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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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