APG (APi Group) Change In Receivables: $-166 Mil (TTM As of Mar. 2026)

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APG APi Group Corp APG
78 GF Score
Price $39.37
GF Value $26.82
Valuation Significantly Overvalued
! 3 Warning Signs
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What is APi Group Change In Receivables?

APi Group APG -1.87% 78 Change In Receivables is $-166 Mil as of Mar. 2026. GuruFocus rates APG with a GF Score™ of 78/100 and a GF Value™ of $26.82 (Significantly Overvalued). The stock has 3 warning signs investors should review.

APi Group's change in receivables for the quarter that ended in Mar. 2026 was $-23 Mil. It means APi Group's Accounts Receivable increased by $23 Mil from Dec. 2025 to Mar. 2026 .

APi Group's change in receivables for the fiscal year that ended in Dec. 2025 was $-74 Mil. It means APi Group's Accounts Receivable increased by $74 Mil from Dec. 2024 to Dec. 2025 .

APi Group's Accounts Receivable for the quarter that ended in Mar. 2026 was $1,545 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. APi Group's Days Sales Outstanding for the three months ended in Mar. 2026 was 71.13.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. APi Group's liquidation value for the three months ended in Mar. 2026 was $-3,598 Mil.

APi Group  (NYSE:APG) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1545/1982*91
=71.13

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

APi Group'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)
=645-5480+0.75 * 1545+0.5 * 156
=-3,598

* 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.

APi Group Change In Receivables Related Terms

APi Group Change In Receivables Historical Data

* Premium members only.

The historical data trend for APi Group'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.

APi Group Change In Receivables Chart

APi Group Annual Data
Trend Dec17 Aug18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial -172.00 -217.00 -43.00 -11.00 -74.00

APi Group 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 69.00 -158.00 -81.00 96.00 -23.00
APG
78GF Score
APi Group Corp APG
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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APi Group 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 $-166 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 $-166 Mil mean?
APi Group (APG) has a Change In Receivables of $-166 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for APi Group and its competitors.
Is APi Group's Change In Receivables too high?
APi Group's current Change In Receivables is $-166 Mil. Overall, APi Group has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does APi Group's Change In Receivables compare to J and DY?
APi Group's Change In Receivables of $-166 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 APi Group and its competitors. APi Group's current Change In Receivables is $-166 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APi Group stock overvalued right now?
Based on GuruFocus' analysis, APi Group (APG) is currently considered Significantly Overvalued. The stock's GF Value™ is $26.82, compared to a current price of $39.37 — trading 46.8% above its estimated fair value. The current Change In Receivables is $-166 Mil. APi Group's overall GF Score™ is 78/100 with 3 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 APi Group (APG), the current Change In Receivables is $-166 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 APi Group (APG) Overvalued in 2026?

Based on GuruFocus' analysis, APi Group stock appears to be overvalued. The current stock price of $39.37 is trading 46.8% above its estimated GF Value™ of $26.82. GuruFocus considers APi Group to be Significantly Overvalued.

Key valuation signals for APG:

  • Change In Receivables: $-166 Mil
  • GF Value™: $26.82 vs. price of $39.37 (46.8% above fair value)
  • GF Score™: 78/100 with 3 warning signs

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

APi Group Business Description

Other Exchanges 4XY:Germany
Address c/o APi Group, Inc, 1100 Old Highway 8 NW, New Brighton, MN, USA, 55112
APi Group Corp operates in two segments: Safety Services segment includes providing safety services in North America, Asia Pacific, and Europe, focusing on end-to-end integrated occupancy systems (fire protection solutions, Heating, Ventilation, and Air Conditioning and entry systems), including design, installation, inspection, and service of these integrated systems. These services are provided in commercial, education, healthcare, high tech, industrial, and special-hazard settings. Specialty Services segment includes providing a variety of infrastructure services and specialized industrial plant services, which include maintenance and repair of critical infrastructure such as underground electric, gas, water, sewer, and telecommunications infrastructure.
78GF Score

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

$39.37
Price
$26.82
GF Value