Refinaria De Petroleos Manguinhos (BSP:RPMG3) Change In Receivables: R$-2,008 Mil (TTM As of Jun. 2025)

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.

BSP:RPMG3 Refinaria De Petroleos Manguinhos SA BSP:RPMG3
50 GF Score
Price R$0.85
View Full Analysis

What is Refinaria De Petroleos Manguinhos Change In Receivables?

Refinaria De Petroleos Manguinhos BSP:RPMG3 50 Change In Receivables is R$-2,008 Mil as of Jun. 2025. GuruFocus rates BSP:RPMG3 with a GF Score™ of 50/100.

Refinaria De Petroleos Manguinhos's change in receivables for the quarter that ended in Jun. 2025 was R$-334 Mil. It means Refinaria De Petroleos Manguinhos's Accounts Receivable increased by R$334 Mil from Mar. 2025 to Jun. 2025 .

Refinaria De Petroleos Manguinhos's change in receivables for the fiscal year that ended in Dec. 2024 was R$-2,318 Mil. It means Refinaria De Petroleos Manguinhos's Accounts Receivable increased by R$2,318 Mil from Dec. 2023 to Dec. 2024 .

Refinaria De Petroleos Manguinhos's Accounts Receivable for the quarter that ended in Jun. 2025 was R$2,848 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. Refinaria De Petroleos Manguinhos's Days Sales Outstanding for the three months ended in Jun. 2025 was 108.02.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Refinaria De Petroleos Manguinhos's liquidation value for the three months ended in Jun. 2025 was R$-13,929 Mil.


Refinaria De Petroleos Manguinhos  (BSP:RPMG3) 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.

Refinaria De Petroleos Manguinhos's Days Sales Outstanding for the quarter that ended in Jun. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2847.758/2405.643*91
=108.02

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

Refinaria De Petroleos Manguinhos's liquidation value for the quarter that ended in Jun. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=53.243-17723.217+0.75 * 2847.758+0.5 * 3209.573
=-13,929

* 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.


Refinaria De Petroleos Manguinhos Change In Receivables Related Terms


Refinaria De Petroleos Manguinhos Change In Receivables Historical Data

* Premium members only.

The historical data trend for Refinaria De Petroleos Manguinhos'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.

Refinaria De Petroleos Manguinhos Change In Receivables Chart

Refinaria De Petroleos Manguinhos Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 264.51 -261.97 -244.13 -1,260.40 -2,318.15

Refinaria De Petroleos Manguinhos Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 -478.40 -392.42 -983.07 -299.01 -333.55
BSP:RPMG3
50GF Score
Refinaria De Petroleos Manguinhos SA BSP:RPMG3
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Refinaria De Petroleos Manguinhos 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-2,008 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$-2,008 Mil mean?
Refinaria De Petroleos Manguinhos (BSP:RPMG3) has a Change In Receivables of R$-2,008 Mil as of Jun. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Refinaria De Petroleos Manguinhos and its competitors.
Is Refinaria De Petroleos Manguinhos' Change In Receivables too high?
Refinaria De Petroleos Manguinhos' current Change In Receivables is R$-2,008 Mil. Overall, Refinaria De Petroleos Manguinhos has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Refinaria De Petroleos Manguinhos' Change In Receivables compare to VLO and MPC?
Refinaria De Petroleos Manguinhos' Change In Receivables of R$-2,008 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Change In Receivables depends on the Oil & Gas 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 Refinaria De Petroleos Manguinhos and its competitors. Refinaria De Petroleos Manguinhos's current Change In Receivables is R$-2,008 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Refinaria De Petroleos Manguinhos stock overvalued right now?
Refinaria De Petroleos Manguinhos (BSP:RPMG3) has a current Change In Receivables of R$-2,008 Mil. The current Change In Receivables is R$-2,008 Mil. Refinaria De Petroleos Manguinhos' overall GF Score™ is 50/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Refinaria De Petroleos Manguinhos (BSP:RPMG3), the current Change In Receivables is R$-2,008 Mil as of Jun. 2025. 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.

Refinaria De Petroleos Manguinhos Business Description

Industry EnergyOil & Gas
Address Avenida Brasil, 3141, Manguinhos, Rio de Janeiro, RJ, BRA, 20930041
Refinaria De Petroleos Manguinhos SA is engaged in the operation of the oil refinery, import, sale and export of crude oil and its derivatives, and provision of services related to the refining activity, among others.
50GF Score

Get the complete analysis for BSP:RPMG3

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

R$0.85
Price