SPH (Suburban Propane Partners LP) Accounts Receivable: $85 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SPH Suburban Propane Partners LP SPH
61 GF Score
Price $17.73
GF Value $18.31
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Suburban Propane Partners LP Accounts Receivable?

Suburban Propane Partners LP SPH +0.11% 61 Accounts Receivable is $85 Mil as of Jun. 2026. GuruFocus rates SPH with a GF Score™ of 61/100 and a GF Value™ of $18.31 (Fairly Valued). The stock has 3 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Suburban Propane Partners LP's accounts receivables for the quarter that ended in Jun. 2026 was $85 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Suburban Propane Partners LP's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 29.58.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Suburban Propane Partners LP's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was $-23.11.


Suburban Propane Partners LP 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.

Suburban Propane Partners LP's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=84.735/261.379*91
=29.58

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

Suburban Propane Partners LP's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(5.034+0.75 * 84.735+0.5 * 65.925-1643.066
-0-0)/66.712
=-23.11

* 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.


Suburban Propane Partners LP Accounts Receivable Related Terms


Suburban Propane Partners LP Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Suburban Propane Partners LP'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.

Suburban Propane Partners LP Accounts Receivable Chart

Suburban Propane Partners LP Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.37 78.53 67.69 66.44 69.48

Suburban Propane Partners LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 79.93 69.48 129.30 148.12 84.74
SPH
61GF Score
Suburban Propane Partners LP SPH
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suburban Propane Partners LP 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 $85 Mil mean?
Suburban Propane Partners LP (SPH) has a Accounts Receivable of $85 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Suburban Propane Partners LP and its competitors.
Is Suburban Propane Partners LP's Accounts Receivable too high?
Suburban Propane Partners LP's current Accounts Receivable is $85 Mil. Overall, Suburban Propane Partners LP has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Suburban Propane Partners LP's Accounts Receivable compare to NWN and RGCO?
Suburban Propane Partners LP's Accounts Receivable of $85 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 Suburban Propane Partners LP and its competitors. Suburban Propane Partners LP's current Accounts Receivable is $85 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suburban Propane Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Suburban Propane Partners LP (SPH) is currently considered Fairly Valued. The stock's GF Value™ is $18.31, compared to a current price of $17.73 — trading 3.2% below its estimated fair value. The current Accounts Receivable is $85 Mil. Suburban Propane Partners LP's overall GF Score™ is 61/100 with 3 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 Suburban Propane Partners LP (SPH), the current Accounts Receivable is $85 Mil as of Jun. 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 Suburban Propane Partners LP (SPH) Overvalued in 2026?

Based on GuruFocus' analysis, Suburban Propane Partners LP stock appears to be undervalued. The current stock price of $17.73 is trading 3.2% below its estimated GF Value™ of $18.31. GuruFocus considers Suburban Propane Partners LP to be Fairly Valued.

Key valuation signals for SPH:

  • Accounts Receivable: $85 Mil
  • GF Value™: $18.31 vs. price of $17.73 (3.2% below fair value)
  • GF Score™: 61/100 with 3 warning signs

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


Suburban Propane Partners LP Business Description

Address 240 Route 10 West, Whippany, NJ, USA, 07981
Suburban Propane Partners LP distributes propane, renewable propane, renewable natural gas (RNG), fuel oil, refined fuels, and markets natural gas and electricity in deregulated markets. It produces and invests in low-carbon fuel alternatives. The company installs and services home comfort heating and ventilation equipment and distributes fuel oil, kerosene, diesel, and gasoline to about 25,000 residential and commercial customers mainly in the U.S. northeast. It operates three segments: Propane, Fuel Oil and Refined Fuels, and Natural Gas and Electricity, with the Propane segment generating the majority of revenue. Propane, a by-product of natural gas processing and petroleum refining, is a clean-burning energy source known for transportability and ease of use.
61GF Score

Get the complete analysis for SPH

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

$17.73
Price
$18.31
GF Value