Tecnicas Reunidas (XMAD:TRE) Accounts Receivable: €4,393 Mil (As of Jun. 2026)

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XMAD:TRE Tecnicas Reunidas SA XMAD:TRE
64 GF Score
Price €25.30
GF Value €22.02
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Tecnicas Reunidas Accounts Receivable?

Tecnicas Reunidas XMAD:TRE +0.88% 64 Accounts Receivable is €4,393 Mil as of Jun. 2026. GuruFocus rates XMAD:TRE with a GF Score™ of 64/100 and a GF Value™ of €22.02 (Modestly Overvalued). 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. Tecnicas Reunidas's accounts receivables for the quarter that ended in Jun. 2026 was €4,393 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tecnicas Reunidas's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 271.63.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tecnicas Reunidas's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was €-14.62.


Tecnicas Reunidas 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.

Tecnicas Reunidas's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4393.206/1475.821*91
=271.63

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

Tecnicas Reunidas'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)
=(1384.781+0.75 * 4393.206+0.5 * 6.536-5815.487
-0-9.657)/78.100
=-14.62

* 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.


Tecnicas Reunidas Accounts Receivable Related Terms


Tecnicas Reunidas Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Tecnicas Reunidas'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.

Tecnicas Reunidas Accounts Receivable Chart

Tecnicas Reunidas 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 2,460.08 3,052.18 2,620.63 2,719.77 3,803.11

Tecnicas Reunidas 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 3,439.14 3,856.80 3,803.11 4,460.60 4,393.21
XMAD:TRE
64GF Score
Tecnicas Reunidas SA XMAD:TRE
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tecnicas Reunidas 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 €4,393 Mil mean?
Tecnicas Reunidas (XMAD:TRE) has a Accounts Receivable of €4,393 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Tecnicas Reunidas and its competitors.
Is Tecnicas Reunidas' Accounts Receivable too high?
Tecnicas Reunidas' current Accounts Receivable is €4,393 Mil. Overall, Tecnicas Reunidas has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tecnicas Reunidas' Accounts Receivable compare to PWR and FIX?
Tecnicas Reunidas' Accounts Receivable of €4,393 Mil can be compared against companies in the Construction 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 Construction company?
A good Accounts Receivable depends on the Construction 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 Tecnicas Reunidas and its competitors. Tecnicas Reunidas's current Accounts Receivable is €4,393 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tecnicas Reunidas stock overvalued right now?
Based on GuruFocus' analysis, Tecnicas Reunidas (XMAD:TRE) is currently considered Modestly Overvalued. The stock's GF Value™ is €22.02, compared to a current price of €25.30 — trading 14.9% above its estimated fair value. The current Accounts Receivable is €4,393 Mil. Tecnicas Reunidas' overall GF Score™ is 64/100 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 Tecnicas Reunidas (XMAD:TRE), the current Accounts Receivable is €4,393 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 Tecnicas Reunidas (XMAD:TRE) Overvalued in 2026?

Based on GuruFocus' analysis, Tecnicas Reunidas stock appears to be overvalued. The current stock price of €25.30 is trading 14.9% above its estimated GF Value™ of €22.02. GuruFocus considers Tecnicas Reunidas to be Modestly Overvalued.

Key valuation signals for XMAD:TRE:

  • Accounts Receivable: €4,393 Mil
  • GF Value™: €22.02 vs. price of €25.30 (14.9% above fair value)
  • GF Score™: 64/100 with 2 warning signs

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


Tecnicas Reunidas Business Description

Address Arapiles Street, 14, Madrid, ESP, 28015
Tecnicas Reunidas SA is a general contracting company. It engages in engineering, design and construction of industrial facilities for international customers including principal national oil companies and multinational companies. The firm's majority of business is focused on large turnkey industrial projects and it also offers engineering, management, start-up and operating services for industrial plants. Its business areas are oil and gas, power, infrastructures and industries. The company mainly operates in Spain, Middle East, Latin America, Asia and the Mediterranean region.
64GF Score

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

€25.30
Price
€22.02
GF Value