AMRC (Ameresco) Change In Receivables: $-311 Mil (TTM As of Mar. 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.

AMRC Ameresco Inc AMRC
90 GF Score
Price $24.68
GF Value $34.60
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Ameresco Change In Receivables?

Ameresco AMRC -1.28% 90 Change In Receivables is $-311 Mil as of Mar. 2026. GuruFocus rates AMRC with a GF Score™ of 90/100 and a GF Value™ of $34.60 (Modestly Undervalued). The stock has 9 warning signs investors should review.

Ameresco's change in receivables for the quarter that ended in Mar. 2026 was $14 Mil. It means Ameresco's Accounts Receivable declined by $14 Mil from Dec. 2025 to Mar. 2026 .

Ameresco's change in receivables for the fiscal year that ended in Dec. 2025 was $-269 Mil. It means Ameresco's Accounts Receivable increased by $269 Mil from Dec. 2024 to Dec. 2025 .

Ameresco's Accounts Receivable for the quarter that ended in Mar. 2026 was $299 Mil.

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 Receivable are being managed. Ameresco's Days Sales Outstanding for the three months ended in Mar. 2026 was 67.86.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ameresco's liquidation value for the three months ended in Mar. 2026 was $-3,196 Mil.

Ameresco  (NYSE:AMRC) Change In Receivables 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 Receivable are being managed.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=298.549/401.46*91
=67.86

2. In Ben Graham's calculation of liquidation value, Ameresco's accounts receivable are only considered to be worth 75% of book value:

Ameresco's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=103.967-3529.853+0.75 * 298.549+0.5 * 12.519
=-3,196

* 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.

Ameresco Change In Receivables Related Terms

Ameresco Change In Receivables Historical Data

* Premium members only.

The historical data trend for Ameresco's Change In Receivables 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.

Ameresco Change In Receivables Chart

Ameresco Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -391.76 -523.94 -215.29 -211.51 -268.71

Ameresco Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Receivables 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 55.74 -66.96 -100.10 -157.39 13.58
AMRC
90GF Score
Ameresco Inc AMRC
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ameresco Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-311 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-311 Mil mean?
Ameresco (AMRC) has a Change In Receivables of $-311 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Ameresco and its competitors.
Is Ameresco's Change In Receivables too high?
Ameresco's current Change In Receivables is $-311 Mil. Overall, Ameresco has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ameresco's Change In Receivables compare to WLDN and CDNL?
Ameresco's Change In Receivables of $-311 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 Change In Receivables for a Construction company?
A good Change In Receivables depends on the Construction industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Ameresco and its competitors. Ameresco's current Change In Receivables is $-311 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ameresco stock overvalued right now?
Based on GuruFocus' analysis, Ameresco (AMRC) is currently considered Modestly Undervalued. The stock's GF Value™ is $34.60, compared to a current price of $24.68 — trading 28.7% below its estimated fair value. The current Change In Receivables is $-311 Mil. Ameresco's overall GF Score™ is 90/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Ameresco (AMRC), the current Change In Receivables is $-311 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 Ameresco (AMRC) Overvalued in 2026?

Based on GuruFocus' analysis, Ameresco stock appears to be undervalued. The current stock price of $24.68 is trading 28.7% below its estimated GF Value™ of $34.60. GuruFocus considers Ameresco to be Modestly Undervalued.

Key valuation signals for AMRC:

  • Change In Receivables: $-311 Mil
  • GF Value™: $34.60 vs. price of $24.68 (28.7% below fair value)
  • GF Score™: 90/100 with 9 warning signs

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

Ameresco Business Description

Other Exchanges 0A70:UK4AM:Germany
Address 111 Speen Street, Suite 410, Framingham, MA, USA, 01701
Ameresco Inc is an energy infrastructure solutions provider dedicated to helping customers reduce costs, enhance resilience, and decarbonize to net zero in the energy transition. Its comprehensive portfolio includes implementing smart energy efficiency solutions, upgrading aging infrastructure, and developing, constructing, and operating distributed energy resources. Its solutions range from upgrades to facility's energy infrastructure to the development, construction and operation of renewable energy plants combined with tailored financial solutions. Its segments include North America Regions, U.S. Federal, Renewable Fuels, Europe, and Others. The majority of the revenue is derived from North America Regions segment.
90GF Score

Get the complete analysis for AMRC

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

$24.68
Price
$34.60
GF Value