Philippine Racing Club (PHS:PRC) Accounts Receivable: ₱30.7 Mil (As of Mar. 2026)


PHS:PRC Philippine Racing Club Inc PHS:PRC
67 GF Score
Price ₱5.10
GF Value ₱5.29
Valuation Fairly Valued
! 2 Warning Signs
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What is Philippine Racing Club Accounts Receivable?

Philippine Racing Club PHS:PRC -1.16% 67 Accounts Receivable is ₱30.7 Mil as of Mar. 2026. GuruFocus rates PHS:PRC with a GF Score™ of 67/100 and a GF Value™ of ₱5.29 (Fairly Valued). The stock has 2 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Philippine Racing Club's accounts receivables for the quarter that ended in Mar. 2026 was ₱30.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Philippine Racing Club's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 43.56.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Philippine Racing Club's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ₱-0.54.

Philippine Racing Club 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.

Philippine Racing Club's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=30.707/64.325*91
=43.56

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

Philippine Racing Club'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)
=(393.652+0.75 * 30.707+0.5 * 2395.708-1919.158
-0--12.111)/546.706
=-0.54

* 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.

Philippine Racing Club Accounts Receivable Related Terms

Philippine Racing Club Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Philippine Racing Club'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.

Philippine Racing Club Accounts Receivable Chart

Philippine Racing Club 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 328.91 202.05 178.60 164.18 59.73

Philippine Racing Club 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 143.10 142.83 30.71 59.73 30.71
PHS:PRC
67GF Score
Philippine Racing Club Inc PHS:PRC
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Philippine Racing Club 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 ₱30.7 Mil mean?
Philippine Racing Club (PHS:PRC) has a Accounts Receivable of ₱30.7 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Philippine Racing Club and its competitors.
Is Philippine Racing Club's Accounts Receivable too high?
Philippine Racing Club's current Accounts Receivable is ₱30.7 Mil. Overall, Philippine Racing Club has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Philippine Racing Club's Accounts Receivable compare to competitors?
Philippine Racing Club's Accounts Receivable of ₱30.7 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Accounts Receivable depends on the Real Estate 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 Philippine Racing Club and its competitors. Philippine Racing Club's current Accounts Receivable is ₱30.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Philippine Racing Club stock overvalued right now?
Based on GuruFocus' analysis, Philippine Racing Club (PHS:PRC) is currently considered Fairly Valued. The stock's GF Value™ is ₱5.29, compared to a current price of ₱5.10 — trading 3.6% below its estimated fair value. The current Accounts Receivable is ₱30.7 Mil. Philippine Racing Club's overall GF Score™ is 67/100 with 2 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 Philippine Racing Club (PHS:PRC), the current Accounts Receivable is ₱30.7 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 Philippine Racing Club (PHS:PRC) Overvalued in 2026?

Based on GuruFocus' analysis, Philippine Racing Club stock appears to be undervalued. The current stock price of ₱5.10 is trading 3.6% below its estimated GF Value™ of ₱5.29. GuruFocus considers Philippine Racing Club to be Fairly Valued.

Key valuation signals for PHS:PRC:

  • Accounts Receivable: ₱30.7 Mil
  • GF Value™: ₱5.29 vs. price of ₱5.10 (3.6% below fair value)
  • GF Score™: 67/100 with 2 warning signs

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

Philippine Racing Club Business Description

Address Saddle and Clubs Leisure Park, Barangay Sabang, Cavite, Naic, PHL, 4110
Philippine Racing Club Inc is involved in the business of operating and maintaining a racetrack covered by its franchise and managing betting stations. It is also engaged in acquiring and developing real properties including but not limited to leisure, recreational, and memorial parks, and owning, operating, managing, and/or selling real estate. The company's reportable segment involves Real Estate Operations, Leasing, and Sale of Food, beverages and Services. It derives key revenue from the real estate sales activity.
67GF Score

Get the complete analysis for PHS:PRC

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

₱5.10
Price
₱5.29
GF Value