Ginebran Miguel (PHS:GSMI) Accounts Receivable: ₱1,804 Mil (As of Mar. 2026)


PHS:GSMI Ginebra San Miguel Inc PHS:GSMI
92 GF Score
Price ₱256.00
GF Value ₱297.21
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Ginebran Miguel Accounts Receivable?

Ginebran Miguel PHS:GSMI +0.79% 92 Accounts Receivable is ₱1,804 Mil as of Mar. 2026. GuruFocus rates PHS:GSMI with a GF Score™ of 92/100 and a GF Value™ of ₱297.21 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ginebran Miguel's accounts receivables for the quarter that ended in Mar. 2026 was ₱1,804 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ginebran Miguel's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 9.84.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ginebran Miguel's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ₱39.45.


Ginebran Miguel 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1804.364/16727.469*91
=9.84

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

Ginebran Miguel'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)
=(17850.264+0.75 * 1804.364+0.5 * 8319.984-12014.711
-53.438-0)/286.328
=39.45

* 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.


Ginebran Miguel Accounts Receivable Related Terms


Ginebran Miguel Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Ginebran Miguel'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.

Ginebran Miguel Accounts Receivable Chart

Ginebran Miguel 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 789.06 980.35 1,358.70 1,720.37 2,098.01

Ginebran Miguel Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,427.94 1,610.63 1,850.05 2,098.01 1,804.36
PHS:GSMI
92GF Score
Ginebra San Miguel Inc PHS:GSMI
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ginebran Miguel 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 ₱1,804 Mil mean?
Ginebran Miguel (PHS:GSMI) has a Accounts Receivable of ₱1,804 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Ginebran Miguel and its competitors.
Is Ginebran Miguel's Accounts Receivable too high?
Ginebran Miguel's current Accounts Receivable is ₱1,804 Mil. Overall, Ginebran Miguel has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ginebran Miguel's Accounts Receivable compare to BF.B?
Ginebran Miguel's Accounts Receivable of ₱1,804 Mil can be compared against companies in the Beverages - Alcoholic 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 a Beverages - Alcoholic company?
A good Accounts Receivable depends on the Beverages - Alcoholic 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 Ginebran Miguel and its competitors. Ginebran Miguel's current Accounts Receivable is ₱1,804 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ginebran Miguel stock overvalued right now?
Based on GuruFocus' analysis, Ginebran Miguel (PHS:GSMI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱297.21, compared to a current price of ₱256.00 — trading 13.9% below its estimated fair value. The current Accounts Receivable is ₱1,804 Mil. Ginebran Miguel's overall GF Score™ is 92/100 with 1 warning sign 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 Ginebran Miguel (PHS:GSMI), the current Accounts Receivable is ₱1,804 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 Ginebran Miguel (PHS:GSMI) Overvalued in 2026?

Based on GuruFocus' analysis, Ginebran Miguel stock appears to be undervalued. The current stock price of ₱256.00 is trading 13.9% below its estimated GF Value™ of ₱297.21. GuruFocus considers Ginebran Miguel to be Modestly Undervalued.

Key valuation signals for PHS:GSMI:

  • Accounts Receivable: ₱1,804 Mil
  • GF Value™: ₱297.21 vs. price of ₱256.00 (13.9% below fair value)
  • GF Score™: 92/100 with 1 warning sign

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


Ginebran Miguel Business Description

Address St. Francis Street, Ortigas Center, 3rd and 6th Floor, San Miguel Properties Centre, Mandaluyong, PHL, 1550
Ginebra San Miguel Inc manufactures and sells alcoholic beverages in the Philippines. It offers alcoholic beverages, under the following brand names: Ginebra San Miguel gin, GSM Blue, GSM Blue Flavors, Ginebra San Miguel Premium Gin, Antonov Vodka, Primera Light Brandy, Vino Kulafu, and Antonov vodka.
92GF Score

Get the complete analysis for PHS:GSMI

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

₱256.00
Price
₱297.21
GF Value