CIA de Gas deo Paulo - COMGAS (BSP:CGAS3) Change In Receivables: R$433 Mil (TTM As of Mar. 2026)

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BSP:CGAS3 CIA de Gas de Sao Paulo - COMGAS BSP:CGAS3
63 GF Score
Price R$124.54
GF Value R$81.70
Valuation Significantly Overvalued
! 7 Warning Signs
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What is CIA de Gas deo Paulo - COMGAS Change In Receivables?

CIA de Gas deo Paulo - COMGAS BSP:CGAS3 63 Change In Receivables is R$433 Mil as of Mar. 2026. GuruFocus rates BSP:CGAS3 with a GF Score™ of 63/100 and a GF Value™ of R$81.70 (Significantly Overvalued). The stock has 7 warning signs investors should review.

CIA de Gas deo Paulo - COMGAS's change in receivables for the quarter that ended in Mar. 2026 was R$38 Mil. It means CIA de Gas deo Paulo - COMGAS's Accounts Receivable declined by R$38 Mil from Dec. 2025 to Mar. 2026 .

CIA de Gas deo Paulo - COMGAS's change in receivables for the fiscal year that ended in Dec. 2025 was R$582 Mil. It means CIA de Gas deo Paulo - COMGAS's Accounts Receivable declined by R$582 Mil from Dec. 2024 to Dec. 2025 .

CIA de Gas deo Paulo - COMGAS's Accounts Receivable for the quarter that ended in Mar. 2026 was R$873 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. CIA de Gas deo Paulo - COMGAS's Days Sales Outstanding for the three months ended in Mar. 2026 was 37.84.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CIA de Gas deo Paulo - COMGAS's liquidation value for the three months ended in Mar. 2026 was R$-10,064 Mil.


CIA de Gas deo Paulo - COMGAS  (BSP:CGAS3) 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.

CIA de Gas deo Paulo - COMGAS's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=873.454/2106.329*91
=37.84

2. In Ben Graham's calculation of liquidation value, CIA de Gas deo Paulo - COMGAS's accounts receivable are only considered to be worth 75% of book value:

CIA de Gas deo Paulo - COMGAS'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)
=3975.311-14773.504+0.75 * 873.454+0.5 * 158.689
=-10,064

* 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.


CIA de Gas deo Paulo - COMGAS Change In Receivables Related Terms


CIA de Gas deo Paulo - COMGAS Change In Receivables Historical Data

* Premium members only.

The historical data trend for CIA de Gas deo Paulo - COMGAS'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.

CIA de Gas deo Paulo - COMGAS Change In Receivables Chart

CIA de Gas deo Paulo - COMGAS 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 -376.13 -197.78 344.10 65.35 581.81

CIA de Gas deo Paulo - COMGAS 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 186.12 -34.04 46.43 383.30 37.76
BSP:CGAS3
63GF Score
CIA de Gas de Sao Paulo - COMGAS BSP:CGAS3
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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CIA de Gas deo Paulo - COMGAS 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 R$433 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 R$433 Mil mean?
CIA de Gas deo Paulo - COMGAS (BSP:CGAS3) has a Change In Receivables of R$433 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for CIA de Gas deo Paulo - COMGAS and its competitors.
Is CIA de Gas deo Paulo - COMGAS's Change In Receivables too high?
CIA de Gas deo Paulo - COMGAS's current Change In Receivables is R$433 Mil. Overall, CIA de Gas deo Paulo - COMGAS has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CIA de Gas deo Paulo - COMGAS's Change In Receivables compare to ATO and NI?
CIA de Gas deo Paulo - COMGAS's Change In Receivables of R$433 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 Change In Receivables for an Utilities - Regulated company?
A good Change In Receivables depends on the Utilities - Regulated 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 CIA de Gas deo Paulo - COMGAS and its competitors. CIA de Gas deo Paulo - COMGAS's current Change In Receivables is R$433 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIA de Gas deo Paulo - COMGAS stock overvalued right now?
Based on GuruFocus' analysis, CIA de Gas deo Paulo - COMGAS (BSP:CGAS3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$81.70, compared to a current price of R$124.54 — trading 52.4% above its estimated fair value. The current Change In Receivables is R$433 Mil. CIA de Gas deo Paulo - COMGAS's overall GF Score™ is 63/100 with 7 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 CIA de Gas deo Paulo - COMGAS (BSP:CGAS3), the current Change In Receivables is R$433 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 CIA de Gas deo Paulo - COMGAS (BSP:CGAS3) Overvalued in 2026?

Based on GuruFocus' analysis, CIA de Gas deo Paulo - COMGAS stock appears to be overvalued. The current stock price of R$124.54 is trading 52.4% above its estimated GF Value™ of R$81.70. GuruFocus considers CIA de Gas deo Paulo - COMGAS to be Significantly Overvalued.

Key valuation signals for BSP:CGAS3:

  • Change In Receivables: R$433 Mil
  • GF Value™: R$81.70 vs. price of R$124.54 (52.4% above fair value)
  • GF Score™: 63/100 with 7 warning signs

No single metric tells the full story. See the BSP:CGAS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CIA de Gas deo Paulo - COMGAS Business Description

Other Exchanges CGAS5:Brazil
Address Brigadeiro Faria Lima Avenue, 4,100, 4th floor, Itaim Bibi, SP, BRA, 04538-132
CIA de Gas de Sao Paulo - COMGAS distributes piped natural gas in part of the State of Sao Paulo for consumers in the industrial, residential, commercial, automotive, thermal generation and cogeneration sectors.
63GF Score

Get the complete analysis for BSP:CGAS3

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

R$124.54
Price
R$81.70
GF Value