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.
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.
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 Energetica Do Ceara - COELCE's Days Sales Outstanding for the
three
months ended in Jun. 2026 was 84.24.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CIA Energetica Do Ceara - COELCE's liquidation value for the
three
months ended in Jun. 2026 was R$-9,967 Mil.
CIA Energetica Do Ceara - COELCE (BSP:COCE3) 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 Energetica Do Ceara - COELCE's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:
2. In Ben Graham's calculation of liquidation value, CIA Energetica Do Ceara - COELCE's accounts receivable are only considered to be worth 75% of book value:
CIA Energetica Do Ceara - COELCE's liquidation value for the quarter that ended in Jun. 2026 is calculated as:
* 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 Energetica Do Ceara - COELCE Change In Receivables Related Terms
CIA Energetica Do Ceara - COELCE Change In Receivables Historical Data
* 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 Energetica Do Ceara - COELCE Change In Receivables Chart
CIA Energetica Do Ceara - COELCE 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-425 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.
What does a Change In Receivables of R$-425 Mil mean?
CIA Energetica Do Ceara - COELCE (BSP:COCE3) has a Change In Receivables of R$-425 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for CIA Energetica Do Ceara - COELCE and its competitors.
Is CIA Energetica Do Ceara - COELCE's Change In Receivables too high?
CIA Energetica Do Ceara - COELCE's current Change In Receivables is R$-425 Mil. Overall, CIA Energetica Do Ceara - COELCE has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CIA Energetica Do Ceara - COELCE's Change In Receivables compare to NEE and SO?
CIA Energetica Do Ceara - COELCE's Change In Receivables of R$-425 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 Energetica Do Ceara - COELCE and its competitors. CIA Energetica Do Ceara - COELCE's current Change In Receivables is R$-425 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIA Energetica Do Ceara - COELCE stock overvalued right now?
Based on GuruFocus' analysis, CIA Energetica Do Ceara - COELCE (BSP:COCE3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$32.65, compared to a current price of R$29.50 — trading 9.6% below its estimated fair value. The current Change In Receivables is R$-425 Mil. CIA Energetica Do Ceara - COELCE's overall GF Score™ is 64/100 with 4 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 Energetica Do Ceara - COELCE (BSP:COCE3), the current Change In Receivables is R$-425 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 CIA Energetica Do Ceara - COELCE (BSP:COCE3) Overvalued in 2026?
Based on GuruFocus' analysis, CIA Energetica Do Ceara - COELCE stock appears to be undervalued.
The current stock price of R$29.50 is trading 9.6% below its estimated GF Value™ of R$32.65.
GuruFocus considers CIA Energetica Do Ceara - COELCE to be Modestly Undervalued.
Key valuation signals for BSP:COCE3:
Change In Receivables: R$-425 Mil
GF Value™: R$32.65 vs. price of R$29.50 (9.6% below fair value)
No single metric tells the full story. See the BSP:COCE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CIA Energetica Do Ceara - COELCE is primarily engaged in the generation and sale of electricity business activities. It also involved in development, distribution, and marketing of electrical power. In addition, the company involved in the distribution of electrical power for industrial, rural, public and residential consumption. It derives most of its revenues from the sale of the electricity business activities and has operations spread across Brazil.
64GF Score
Get the complete analysis for BSP:COCE3
Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:COCE3 has been successfully added to your 
